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Fourace Industries Group Holdings (HKSE:01455) EBIT : HK$55.0 Mil (TTM As of Sep. 2024)


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What is Fourace Industries Group Holdings EBIT?

Fourace Industries Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$29.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$55.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fourace Industries Group Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 18.11%. Fourace Industries Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fourace Industries Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -91.25%.


Fourace Industries Group Holdings EBIT Historical Data

The historical data trend for Fourace Industries Group Holdings'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.

Fourace Industries Group Holdings EBIT Chart

Fourace Industries Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 55.33 71.99 72.32 76.29 48.98

Fourace Industries Group Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.61 25.68 23.65 25.34 29.69

Competitive Comparison of Fourace Industries Group Holdings's EBIT

For the Household & Personal Products subindustry, Fourace Industries Group Holdings'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.


Fourace Industries Group Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fourace Industries Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fourace Industries Group Holdings's EV-to-EBIT falls into.


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Fourace Industries Group Holdings 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$55.0 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.


Fourace Industries Group Holdings  (HKSE:01455) EBIT Explanation

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

Fourace Industries Group Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=46.178 * ( 1 - 22.55% )/( (194.037 + 200.904)/ 2 )
=35.764861/197.4705
=18.11 %

where

Invested Capital(Q: Mar. 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))
=475.916 - 28.306 - ( 253.573 - max(0, 51.735 - 365.448+253.573))
=194.037

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

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

Fourace Industries Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=59.386/( ( (107.325 + max(50.359, 0)) + (100.426 + max(56.265, 0)) )/ 2 )
=59.386/( ( 157.684 + 156.691 )/ 2 )
=59.386/157.1875
=37.78 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.619 + 37.451 + 10.174) - (28.306 + 0 + 22.579)
=50.359

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.993 + 33.853 + 5.6843418860808E-14) - (36.128 + 0 + 21.453)
=56.265

When net working capital is negative, 0 is used.

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

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

Fourace Industries Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=55.028/-60.305
=-91.25 %

* 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.


Fourace Industries Group Holdings EBIT Related Terms

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Fourace Industries Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 1107, 8 Kwai Cheong Road, 11th Floor, Manhattan Centre, Kwai Chung, New Territories, Hong Kong, HKG
Fourace Industries Group Holdings Ltd is engaged in the design, development, manufacturing, and trading of personal care and lifestyle electrical appliances on an ODM basis. The company's product portfolio offers a wide range of personal care electrical appliances, which can be broadly classified into three categories, namely, hair styling series, grooming series, and beauty care series. Geographically, the customers of the company are mainly international brand owners with products marketed mainly in the U.S., Japan, Europe, and Others. It earns the majority of its revenue from Japan.
Executives
Li Shu Yeh 2201 Interest of corporation controlled by you
Ace Champion Inc. 2101 Beneficial owner
Chan Pan Pan 2202 Interest of your spouse
Forever Golden Inc. 2101 Beneficial owner
Loo Kin Kuen Stephen 2202 Interest of your spouse
Sit Hor Wan 2201 Interest of corporation controlled by you

Fourace Industries Group Holdings Headlines

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