GURUFOCUS.COM » STOCK LIST » Technology » Software » Be Friends Holding Ltd (HKSE:01450) » Definitions » EBIT

Be Friends Holding (HKSE:01450) EBIT : HK$123 Mil (TTM As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Be Friends Holding EBIT?

Be Friends Holding's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$112 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$123 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Be Friends Holding's annualized ROC % for the quarter that ended in Jun. 2024 was 40.70%. Be Friends Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 134.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Be Friends Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.50%.


Be Friends Holding EBIT Historical Data

The historical data trend for Be Friends Holding'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.

Be Friends Holding EBIT Chart

Be Friends Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.49 -70.64 9.33 168.19 122.13

Be Friends Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.68 58.33 109.85 111.83 11.23

Competitive Comparison of Be Friends Holding's EBIT

For the Software - Application subindustry, Be Friends Holding'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.


Be Friends Holding's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Be Friends Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Be Friends Holding's EV-to-EBIT falls into.


;
;

Be Friends Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$123 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.


Be Friends Holding  (HKSE:01450) EBIT Explanation

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

Be Friends Holding's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=221.178 * ( 1 - 13.96% )/( (431.424 + 503.825)/ 2 )
=190.3015512/467.6245
=40.70 %

where

Invested Capital(Q: Dec. 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))
=825.351 - 263.661 - ( 163.559 - max(0, 446.464 - 576.73+163.559))
=431.424

Invested Capital(Q: Jun. 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))
=964.044 - 236.035 - ( 224.184 - max(0, 451.954 - 726.408+224.184))
=503.825

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

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

Be Friends Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=223.65/( ( (70.401 + max(64.16, 0)) + (64.215 + max(134.113, 0)) )/ 2 )
=223.65/( ( 134.561 + 198.328 )/ 2 )
=223.65/166.4445
=134.37 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(247.289 + 73.058 + 51.35) - (263.661 + 0 + 43.876)
=64.16

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.994 + 69.431 + 118.761) - (236.035 + 0 + 62.038)
=134.113

When net working capital is negative, 0 is used.

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

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

Be Friends Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=123.055/1295.543
=9.50 %

* 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.


Be Friends Holding EBIT Related Terms

Thank you for viewing the detailed overview of Be Friends Holding's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Be Friends Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 601 Qiuyi Road Changhe Street, Building 5, (Zhejiang) Pilot Free Trade Zone, Binjiang District, Hangzhou, CHN, 310056
Be Friends Holding Ltd engaged in the provision of new media services; application solutions; sales of self-developed products; and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New media services; and Television broadcasting business. It derives the majority of its revenue from the New media services segment.
Executives
Li Jun
Starlink Vibrant Holdings Ltd.
Lu Jiayao
Yoshiaki Holding Corp
Silver Eternity Technology Ltd. 2401 A concert party to an agreement to buy shares
Xiao Xin 2401 A concert party to an agreement to buy shares
Golden Ocean Holdings Corp.
Guo Jing
Hao Dong Trust
Hongshan Limited
Liao Dong
Orange Grove Global Limited
Timeness Vision Limited
Wu Yongming
Teng Rongsong

Be Friends Holding Headlines

No Headlines