GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » EBIT

Values Cultural Investment (HKSE:01740) EBIT : HK$-109.96 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Values Cultural Investment EBIT?

Values Cultural Investment's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-15.94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-109.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Values Cultural Investment's annualized ROC % for the quarter that ended in Jun. 2024 was -13.50%. Values Cultural Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -25.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Values Cultural Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -184.75%.


Values Cultural Investment EBIT Historical Data

The historical data trend for Values Cultural Investment'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.

Values Cultural Investment EBIT Chart

Values Cultural Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 36.31 4.34 -51.75 -143.40 -108.08

Values Cultural Investment Semi-Annual Data
Dec16 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 -19.03 -125.28 -14.07 -94.01 -15.94

Competitive Comparison of Values Cultural Investment's EBIT

For the Entertainment subindustry, Values Cultural Investment'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.


Values Cultural Investment's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Values Cultural Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Values Cultural Investment's EV-to-EBIT falls into.


;
;

Values Cultural Investment 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$-109.96 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.


Values Cultural Investment  (HKSE:01740) EBIT Explanation

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

Values Cultural Investment'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 )
=-20.466 * ( 1 - 0% )/( (155.463 + 147.833)/ 2 )
=-20.466/151.648
=-13.50 %

where

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:

Values Cultural Investment'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 )
=-31.882/( ( (0.337 + max(143.995, 0)) + (1.485 + max(103.278, 0)) )/ 2 )
=-31.882/( ( 144.332 + 104.763 )/ 2 )
=-31.882/124.5475
=-25.60 %

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)
=(57.801 + 79.203 + 33.007) - (21.649 + 0 + 4.367)
=143.995

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.387 + 80.207 + -2.8421709430404E-14) - (19.316 + 0 + 0)
=103.278

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:

Values Cultural Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-109.955/59.516
=-184.75 %

* 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.


Values Cultural Investment EBIT Related Terms

Thank you for viewing the detailed overview of Values Cultural Investment's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Values Cultural Investment Business Description

Traded in Other Exchanges
N/A
Address
11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG
Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.
Executives
Wei Xian 2201 Interest of corporation controlled by you
Bai Yang 2201 Interest of corporation controlled by you
Liu Naiyue 2201 Interest of corporation controlled by you
Liu Peiyao 2201 Interest of corporation controlled by you
Wu Tao 2201 Interest of corporation controlled by you
Yu Jinmei 2202 Interest of your spouse
Syyt Investment Limited 2101 Beneficial owner
Sun Xianliang 2201 Interest of corporation controlled by you
Hangzhou Baihuiquan Equity Investment Fund Partnership (limited Partnership) 2501 Other
Lu Min 2202 Interest of your spouse
Sdjz Investment Limited 2101 Beneficial owner
Shao Hui 2201 Interest of corporation controlled by you
Tibet Langrun Investment Management Co., Ltd. 2501 Other
Xu Jun
Blw Investment Limited 2101 Beneficial owner

Values Cultural Investment Headlines

No Headlines