GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kingkey Financial International (Holdings) Ltd (HKSE:01468) » Definitions » EBIT

Kingkey Financial International (Holdings) (HKSE:01468) EBIT : HK$-1,097.9 Mil (TTM As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Kingkey Financial International (Holdings) EBIT?

Kingkey Financial International (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$63.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-1,097.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kingkey Financial International (Holdings)'s annualized ROC % for the quarter that ended in Sep. 2023 was -11.55%. Kingkey Financial International (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 87.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kingkey Financial International (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -56.12%.


Kingkey Financial International (Holdings) EBIT Historical Data

The historical data trend for Kingkey Financial International (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.

Kingkey Financial International (Holdings) EBIT Chart

Kingkey Financial International (Holdings) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.01 -62.32 4.28 -57.96 -1,149.64

Kingkey Financial International (Holdings) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -5.50 -52.46 11.23 -1,160.87 63.01

Competitive Comparison of Kingkey Financial International (Holdings)'s EBIT

For the Conglomerates subindustry, Kingkey Financial International (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.


Kingkey Financial International (Holdings)'s EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingkey Financial International (Holdings)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kingkey Financial International (Holdings)'s EV-to-EBIT falls into.



Kingkey Financial International (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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,097.9 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.


Kingkey Financial International (Holdings)  (HKSE:01468) EBIT Explanation

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

Kingkey Financial International (Holdings)'s annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-123.83 * ( 1 - -17.31% )/( (1160.629 + 1355.281)/ 2 )
=-145.264973/1257.955
=-11.55 %

where

Invested Capital(Q: Mar. 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))
=1784.307 - 1058.137 - ( 111.051 - max(0, 1238.804 - 804.345+111.051))
=1160.629

Invested Capital(Q: Sep. 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))
=1685.04 - 236.782 - ( 92.977 - max(0, 388.137 - 732.427+92.977))
=1355.281

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Kingkey Financial International (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=126.026/( ( (20.777 + max(-512.285, 0)) + (17.894 + max(249, 0)) )/ 2 )
=126.026/( ( 20.777 + 266.894 )/ 2 )
=126.026/143.8355
=87.62 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(284.62 + 46.29 + 231.839) - (1058.137 + 0 + 16.897)
=-512.285

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(327.462 + 23.641 + 158.45) - (236.782 + 0 + 23.771)
=249

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Kingkey Financial International (Holdings)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-1097.856/1956.420
=-56.12 %

* 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.


Kingkey Financial International (Holdings) EBIT Related Terms

Thank you for viewing the detailed overview of Kingkey Financial International (Holdings)'s EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingkey Financial International (Holdings) (HKSE:01468) Business Description

Traded in Other Exchanges
N/A
Address
8 Hok Cheung Street, Hunghom, 902, Harbour Centre, Tower 2, Kowloon, Hong Kong, HKG
Kingkey Financial International (Holdings) Ltd is engaged in the trade of fur skins, fur skins brokerage, mink farming, provision of securities brokerage services, and provision of wealth management services. The operating segments are Securities which involves the operation of securities brokerage, margin financing, underwriting, placing and consultancy services; Insurance brokerage which includes the provision of insurance brokerage and wealth management services; Fur comprising the provision of breeding, farming and sale of livestock and pelted skin, fur skin brokerage and financing services, Asset Management engaged in provision and arrangement of fund management services and assets management services, and Money lending engaged in provision and arrangement of money lending services.
Executives
Kingkey Holdings (international) Limited 2101 Beneficial owner
Chen Jiajun 2201 Interest of corporation controlled by you
Great Return Group Limited 2101 Beneficial owner
East Treasure Enterprises Corporation 2201 Interest of corporation controlled by you
Fong Chu Pong 2201 Interest of corporation controlled by you
Eternity Star Development Limited 2201 Interest of corporation controlled by you
Renhe Holdings Limited 2201 Interest of corporation controlled by you
Chen Jiajun 2201 Interest of corporation controlled by you
Chang Tat Joel 2201 Interest of corporation controlled by you
Lee Cho Man Joe 2201 Interest of corporation controlled by you

Kingkey Financial International (Holdings) (HKSE:01468) Headlines

No Headlines