China Frontier Technology Group (HKSE:01661) EBIT : HK$-65.60 Mil (TTM As of Jun. 2024)

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What is China Frontier Technology Group EBIT?

China Frontier Technology Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$16.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-65.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Frontier Technology Group's annualized ROC % for the quarter that ended in Jun. 2024 was 2.79%. China Frontier Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 310.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Frontier Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 51.01%.

China Frontier Technology Group EBIT Historical Data

The historical data trend for China Frontier Technology Group'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.

China Frontier Technology Group EBIT Chart

China Frontier Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-556.19

-48.48

-54.33

-75.38

-88.71

China Frontier Technology Group 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															-30.01	-46.80	-6.97	-81.74	16.14

Competitive Comparison of China Frontier Technology Group's EBIT

For the Entertainment subindustry, China Frontier Technology Group'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.

China Frontier Technology Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Frontier Technology Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Frontier Technology Group's EV-to-EBIT falls into.

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China Frontier Technology Group 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$-65.60 Mil.

China Frontier Technology Group (HKSE:01661) EBIT Explanation

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

China Frontier Technology Group'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 )
=	5.578 * ( 1 - 4.43% )	/	( (214.002	+	168.655)	/ 2 )
=	5.3308946	/	191.3285
=	2.79 %

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	))
=	451.028	-	39.619	-	( 197.407	-	max(0, 40.633	-	280.765	+	197.407	))
=	214.002

	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	))
=	500.98	-	38.056	-	( 294.269	-	max(0, 39.386	-	387.157	+	294.269	))
=	168.655

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:

China Frontier Technology Group'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 )
=	32.274	/	( ( (0 + max(-14.675, 0))	+	(2.15 + max(18.656, 0)) )	/	2 )
=	32.274	/	( ( 0	+	20.806 )	/	2 )
=	32.274	/	10.403
=	310.24 %

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)
=	(5.315	+	1.09	+	19.553)	-	(39.619	+	0	+	1.014)
=	-14.675

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.087	+	1.073	+	45.549)	-	(38.056	+	0	+	0.99700000000001)
=	18.656

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:

China Frontier Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-65.604	/	-128.607
	=	51.01 %

China Frontier Technology Group EBIT Related Terms

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China Frontier Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Frontier Technology Group (HKSE:01661) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2 Shangjialou Road, No. 020, Room 303, 3rd Floor, Block 10, Courtyard No.2, Chaoyang District, Beijing, CHN

Website

https://www.wisdomsports.com.cn

China Frontier Technology Group, formerly Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses on the production, distribution, and advertisement of televised sporting events.

Executives

Ren Guozun (alias: Wen)	2201 Interest of corporation controlled by you
Hknd Limited	2101 Beneficial owner
Wang Zhihan	2201 Interest of corporation controlled by you
Queen Media Co., Ltd.	2101 Beneficial owner
Nd Medical Technology Limited	2101 Beneficial owner
Wu Meizhen	2201 Interest of corporation controlled by you

China Frontier Technology Group Headlines

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