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Kaisa Group Holdings (HKSE:01638) EBIT : HK$-21,824 Mil (TTM As of Jun. 2024)


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What is Kaisa Group Holdings EBIT?

Kaisa Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-8,744 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-21,824 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kaisa Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -2.90%. Kaisa Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -21.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kaisa Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -15.05%.


Kaisa Group Holdings EBIT Historical Data

The historical data trend for Kaisa 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.

Kaisa Group Holdings EBIT Chart

Kaisa Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,423.92 15,158.03 -14,526.22 -12,414.16 -18,495.72

Kaisa Group Holdings 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 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 -7,918.69 -4,870.29 -5,415.38 -13,080.35 -8,743.56

Competitive Comparison of Kaisa Group Holdings's EBIT

For the Real Estate - Development subindustry, Kaisa 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.


Kaisa Group Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Group Holdings's EV-to-EBIT distribution charts can be found below:

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



Kaisa 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-21,824 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.


Kaisa Group Holdings  (HKSE:01638) EBIT Explanation

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

Kaisa Group Holdings'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 )
=-6181.994 * ( 1 - 0.81% )/( (220292.269 + 202958.98)/ 2 )
=-6131.9198486/211625.6245
=-2.90 %

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))
=254654.329 - 62190.971 - ( 2146.813 - max(0, 224924.925 - 197096.014+2146.813))
=220292.269

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))
=241772.111 - 72134.779 - ( 1741.555 - max(0, 229342.41 - 196020.762+1741.555))
=202958.98

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:

Kaisa Group Holdings'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 )
=-17487.12/( ( (6155.447 + max(56718.734, 0)) + (5565.357 + max(91698.219, 0)) )/ 2 )
=-17487.12/( ( 62874.181 + 97263.576 )/ 2 )
=-17487.12/80068.8785
=-21.84 %

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)
=(2022.444 + 101022.122 + 50422.442) - (62190.971 + 0 + 34557.303)
=56718.734

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46771.453 + 102427.361 + 45080.393) - (72134.779 + 0 + 30446.209)
=91698.219

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-21823.907/145049.823
=-15.05 %

* 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.


Kaisa Group Holdings EBIT Related Terms

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Kaisa Group Holdings Business Description

Traded in Other Exchanges
Address
Ren Min South Road, Room 3306, Kerry Center, Luohu District, Shenzhen, Guangdong, CHN
Kaisa Group Holdings Ltd is an integrated property developer focusing on urban property development. Its portfolios include residential properties, villas, offices, serviced apartments, combined commercial buildings, and mega-urban complexes. It operates its business in seven segments: Property development; Property investment; Property management; Hotel and catering operations; Cultural centre operations; Healthcare operations; and others. The majority of the revenue was earned from the Property development segment. Geographically the company derives almost all of its revenue from PRC.
Executives
Bank Of East Asia (trustees) Limited 2101 Beneficial owner
Kwok Ying Shing 2101 Beneficial owner
Da Feng Tou Zi You Xian Gong Si 2101 Beneficial owner
Chan Nog 2101 Beneficial owner
Da Chang Tou Zi You Xian Gong Si 2101 Beneficial owner
Funde Sino Life Insurance Co.,ltd. 2101 Beneficial owner
Kwok Ying Chi
Da Zheng Tou Zi You Xian Gong Si

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