Star Group Asia (HKSE:01560) EBIT : HK$-319 Mil (TTM As of Jun. 2024)

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What is Star Group Asia EBIT?

Star Group Asia's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-134 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-319 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Star Group Asia's annualized ROC % for the quarter that ended in Jun. 2024 was -8.04%. Star Group Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -11.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Star Group Asia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.95%.

Star Group Asia EBIT Historical Data

The historical data trend for Star Group Asia'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.

Star Group Asia EBIT Chart

Star Group Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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72.07

334.04

-16.59

391.98

-207.18

Star Group Asia Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															70.62	321.36	-22.34	-184.84	-133.81

Competitive Comparison of Star Group Asia's EBIT

For the Conglomerates subindustry, Star Group Asia'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.

Star Group Asia's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Star Group Asia's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Star Group Asia's EV-to-EBIT falls into.

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Star Group Asia 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$-319 Mil.

Star Group Asia (HKSE:01560) EBIT Explanation

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

Star Group Asia'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 )
=	-283.106 * ( 1 - 0.06% )	/	( (3831.673	+	3202.269)	/ 2 )
=	-282.9361364	/	3516.971
=	-8.04 %

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	))
=	4022.204	-	141.03	-	( 49.501	-	max(0, 2426.35	-	3157.104	+	49.501	))
=	3831.673

	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	))
=	3395.361	-	169.412	-	( 23.68	-	max(0, 2066.971	-	2534.193	+	23.68	))
=	3202.269

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:

Star Group Asia'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 )
=	-267.618	/	( ( (4.957 + max(2722.524, 0))	+	(10.307 + max(2057.77, 0)) )	/	2 )
=	-267.618	/	( ( 2727.481	+	2068.077 )	/	2 )
=	-267.618	/	2397.779
=	-11.16 %

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)
=	(51.996	+	2913.815	+	41.271)	-	(141.03	+	0	+	143.528)
=	2722.524

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.387	+	2322.344	+	41.864)	-	(169.412	+	0	+	144.413)
=	2057.77

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:

Star Group Asia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-318.649	/	1880.012
	=	-16.95 %

Star Group Asia EBIT Related Terms

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Star Group Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Star Group Asia Ltd (HKSE:01560) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Unit 603, 6 Floor, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

http://www.stargroupasia.com

Star Group Asia Ltd formerly Star Group Co Ltd is mainly focused on property development and investment, operating through segments including commercial and residential property development, property leasing (including serviced apartments and co-working spaces), wine sales, and cellar leasing, financing services, property management, construction and fitting out services, and media production services covering marketing, consultancy, film/advertisement production, concert organization, and artist management.

Executives

Lam Kin Kok
Chan Man Fai Joe	2101 Beneficial owner
Metropolitan Lifestyle (bvi) Limited	2101 Beneficial owner
Eagle Trend (bvi) Limited	2101 Beneficial owner

Star Group Asia Headlines

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