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Tianli International Holdings (HKSE:01773) EBIT : HK$900 Mil (TTM As of Aug. 2024)


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What is Tianli International Holdings EBIT?

Tianli International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was HK$446 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was HK$900 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianli International Holdings's annualized ROC % for the quarter that ended in Aug. 2024 was 5.78%. Tianli International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 11.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianli International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 9.56%.


Tianli International Holdings EBIT Historical Data

The historical data trend for Tianli International 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.

Tianli International Holdings EBIT Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only 321.52 25.65 176.36 546.84 901.17

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 115.45 292.24 271.88 454.22 445.52

Competitive Comparison of Tianli International Holdings's EBIT

For the Education & Training Services subindustry, Tianli International 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.


Tianli International Holdings's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tianli International Holdings's EV-to-EBIT distribution charts can be found below:

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


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Tianli International 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$900 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.


Tianli International Holdings  (HKSE:01773) EBIT Explanation

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

Tianli International Holdings's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=830.22 * ( 1 - 24.56% )/( (10145.805 + 11514.147)/ 2 )
=626.317968/10829.976
=5.78 %

where

Invested Capital(Q: Feb. 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))
=9686.447 - 2103.152 - ( 712.575 - max(0, 4151.663 - 1589.153+712.575))
=10145.805

Invested Capital(Q: Aug. 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))
=11118.888 - 2264.436 - ( 1481.674 - max(0, 5079.716 - 2420.021+1481.674))
=11514.147

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

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

Tianli International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=891.048/( ( (7281.673 + max(-3269.238, 0)) + (8095.143 + max(-4088.044, 0)) )/ 2 )
=891.048/( ( 7281.673 + 8095.143 )/ 2 )
=891.048/7688.408
=11.59 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.479 + 18.153 + 77.233) - (2103.152 + 0 + 1285.951)
=-3269.238

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.029 + 28.858 + 112.075) - (2264.436 + 0 + 1984.57)
=-4088.044

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=899.742/9415.189
=9.56 %

* 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.


Tianli International Holdings EBIT Related Terms

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Tianli International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.
Executives
First Beijing Investment Limited 2102 Investment manager
Norges Bank 2101 Beneficial owner
Luo Shi 2201 Interest of corporation controlled by you
Tu Mengxuan 2202 Interest of your spouse
Sky Elite Limited 2101 Beneficial owner
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

Tianli International Holdings Headlines

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