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Leader Education (HKSE:01449) EBIT : HK$70.4 Mil (TTM As of Feb. 2024)


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What is Leader Education EBIT?

Leader Education's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was HK$52.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was HK$70.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leader Education's annualized ROC % for the quarter that ended in Feb. 2024 was 3.99%. Leader Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 5.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leader Education's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 6.49%.


Leader Education EBIT Historical Data

The historical data trend for Leader Education's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leader Education EBIT Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial 78.12 52.66 78.57 72.70 69.66

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.96 25.81 54.78 18.12 52.32

Competitive Comparison of Leader Education's EBIT

For the Education & Training Services subindustry, Leader Education's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leader Education's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Leader Education's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leader Education's EV-to-EBIT falls into.



Leader Education EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$70.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leader Education  (HKSE:01449) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Leader Education's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=110.682 * ( 1 - 0% )/( (2759.789 + 2784.931)/ 2 )
=110.682/2772.36
=3.99 %

where

Invested Capital(Q: Aug. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2370.839 - 70.117 - ( 292.356 - max(0, 774.814 - 315.747+292.356))
=2759.789

Invested Capital(Q: Feb. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2497.614 - 97.959 - ( 363.93 - max(0, 791.727 - 406.451+363.93))
=2784.931

Note: The Operating Income data used here is two times the semi-annual (Feb. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Leader Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=104.642/( ( (2026.133 + max(-365.441, 0)) + (2059.512 + max(-237.613, 0)) )/ 2 )
=104.642/( ( 2026.133 + 2059.512 )/ 2 )
=104.642/2042.8225
=5.12 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 20.307) - (70.117 + 0 + 315.631)
=-365.441

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (97.959 + 0 + 139.654)
=-237.613

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Leader Education's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=70.436/1084.756
=6.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leader Education EBIT Related Terms

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Leader Education (HKSE:01449) Business Description

Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

Leader Education (HKSE:01449) Headlines

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