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China South City Holdings (HKSE:01668) EBIT : HK$-1,371 Mil (TTM As of Sep. 2023)


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What is China South City Holdings EBIT?

China South City Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-259 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-1,371 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China South City Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -0.23%. China South City Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China South City Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -3.91%.


China South City Holdings EBIT Historical Data

The historical data trend for China South City 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.

China South City Holdings EBIT Chart

China South City Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,078.24 5,907.63 4,988.38 4,040.45 2,299.09

China South City 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 1,727.57 571.52 322.34 -1,112.07 -259.07

Competitive Comparison of China South City Holdings's EBIT

For the Real Estate - Development subindustry, China South City 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.


China South City Holdings's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where China South City Holdings's EV-to-EBIT falls into.



China South City 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$-1,371 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.


China South City Holdings  (HKSE:01668) EBIT Explanation

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

China South City 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 )
=-219.358 * ( 1 - -0.35% )/( (99337.084 + 91186.293)/ 2 )
=-220.125753/95261.6885
=-0.23 %

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))
=114224.395 - 13512.595 - ( 1374.716 - max(0, 40760.184 - 52259.942+1374.716))
=99337.084

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))
=103367.84 - 10875.33 - ( 1306.217 - max(0, 36208.339 - 45320.52+1306.217))
=91186.293

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:

China South City 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 )
=-518.146/( ( (1214.558 + max(19950.771, 0)) + (886.741 + max(20099.666, 0)) )/ 2 )
=-518.146/( ( 21165.329 + 20986.407 )/ 2 )
=-518.146/21075.868
=-2.46 %

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)
=(977.068 + 45787.641 + 1150.358) - (13512.595 + 0 + 14451.701)
=19950.771

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(724.832 + 41263.68 + 0) - (10875.33 + 0 + 11013.516)
=20099.666

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:

China South City Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-1371.146/35071.765
=-3.91 %

* 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.


China South City Holdings EBIT Related Terms

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China South City Holdings (HKSE:01668) Business Description

Traded in Other Exchanges
Address
The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.

China South City Holdings (HKSE:01668) Headlines

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