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Sinohope Technology Holdings (HKSE:01611) EBIT : HK$49 Mil (TTM As of Mar. 2024)


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What is Sinohope Technology Holdings EBIT?

Sinohope Technology Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was HK$104 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinohope Technology Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 40.46%. Sinohope Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 189.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinohope Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.09%.


Sinohope Technology Holdings EBIT Historical Data

The historical data trend for Sinohope Technology 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.

Sinohope Technology Holdings EBIT Chart

Sinohope Technology Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.23 -15.68 195.20 -177.43 -267.11

Sinohope Technology Holdings Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -37.32 -140.11 -211.77 -55.35 103.95

Competitive Comparison of Sinohope Technology Holdings's EBIT

For the Software - Infrastructure subindustry, Sinohope Technology 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.


Sinohope Technology Holdings's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Sinohope Technology Holdings's EV-to-EBIT falls into.



Sinohope Technology 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$49 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.


Sinohope Technology Holdings  (HKSE:01611) EBIT Explanation

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

Sinohope Technology Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=113.716 * ( 1 - -1.92% )/( (488.826 + 84.13)/ 2 )
=115.8993472/286.478
=40.46 %

where

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))
=748.644 - 12.961 - ( 392.563 - max(0, 424.63 - 671.487+392.563))
=488.826

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

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

Sinohope Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=207.89/( ( (1.094 + max(212.225, 0)) + (0.355 + max(5.937, 0)) )/ 2 )
=207.89/( ( 213.319 + 6.292 )/ 2 )
=207.89/109.8055
=189.33 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.49 + 0 + 273.258) - (12.961 + 0 + 52.562)
=212.225

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.559 + 0 + 3.006) - (13.628 + 0 + 0)
=5.937

When net working capital is negative, 0 is used.

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

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

Sinohope Technology Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=48.6/685.041
=7.09 %

* 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.


Sinohope Technology Holdings EBIT Related Terms

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Sinohope Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG
Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.
Executives
Avenir Holdings Limited 2101 Beneficial owner
Avenir Investment Limited 2101 Beneficial owner
Shen Nan Peng 2201 Interest of corporation controlled by you
Snp China Enterprises Limited 2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p. 2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd. 2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd. 2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p. 2201 Interest of corporation controlled by you
Hsg Holding Limited 2201 Interest of corporation controlled by you
Avenir Capital Inc. 2101 Beneficial owner
Li Lin 2201 Interest of corporation controlled by you
Du Jun 2101 Beneficial owner
Avenir Cayman Holding Limited 2101 Beneficial owner
On Chain Technology Limited 2101 Beneficial owner
Zhong Gengfa 2101 Beneficial owner

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