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Enterprise Development Holdings (HKSE:01808) EBIT : HK$90.4 Mil (TTM As of Jun. 2024)


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What is Enterprise Development Holdings EBIT?

Enterprise Development Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$28.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$90.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enterprise Development Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 14.32%. Enterprise Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 132.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enterprise Development Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.35%.

Enterprise Development Holdings EBIT Historical Data

The historical data trend for Enterprise Development 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.

Enterprise Development Holdings EBIT Chart

Enterprise Development Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.28 -36.20 -29.92 4.73 90.19

Enterprise Development Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -15.65 5.69 -0.96 28.44 61.99

Competitive Comparison of Enterprise Development Holdings's EBIT

For the Software - Application subindustry, Enterprise Development 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.

Enterprise Development Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Enterprise Development Holdings's EV-to-EBIT distribution charts can be found below:

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


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Enterprise Development 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$90.4 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.

Enterprise Development Holdings  (HKSE:01808) EBIT Explanation

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

Enterprise Development 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 )
=22.004 * ( 1 - 15.53% )/( (92.02 + 167.59)/ 2 )
=18.5867788/129.805
=14.32 %

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))
=331.157 - 11.759 - ( 227.378 - max(0, 41.288 - 317.503+227.378))
=92.02

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))
=492.82 - 50.405 - ( 274.825 - max(0, 106.647 - 474.827+274.825))
=167.59

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:

Enterprise Development 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 )
=56.872/( ( (6.093 + max(19.112, 0)) + (6.271 + max(54.346, 0)) )/ 2 )
=56.872/( ( 25.205 + 60.617 )/ 2 )
=56.872/42.911
=132.53 %

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)
=(10.815 + 0 + 25.316) - (11.759 + 0 + 5.26)
=19.112

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.375 + 0 + 87.164) - (50.405 + 0 + 28.788)
=54.346

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=90.425/732.475
=12.35 %

* 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.

Enterprise Development Holdings EBIT Related Terms

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Enterprise Development Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Enterprise Development Holdings Ltd (HKSE:01808) » Definitions » EBIT
Comparable Companies
HKSE:00418 HKSE:00536 HKSE:06959 HKSE:08148 HKSE:01450 HKSE:02392 HKSE:06610 HKSE:08353 HKSE:09600 HKSE:02246 XTER:SAP CRM INTU NOW ADBE UBER TSX:SHOP ADP APP MSTR
Traded in Other Exchanges
N/A
Address
18 Fenwick Street/46 Gloucester Road, Room 1105, 15th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG
Website
http://www.1808.com.hk
Enterprise Development Holdings Ltd is an investment holding company engaged in the Software business which includes the Provision of integrated business software solutions in the People's Republic of China. Its product offering includes Software maintenance and other services, and the Sale of software licenses and other products. The company has one major reportable segment which is Software Business which includes the sale of software licenses and other products and the provision of integrated business software solutions in the PRC. Geographically, the company derives a majority of its revenue from China.
Executives
Hong Tai International Ii Lpf 2101 Beneficial owner
Cheng Wing 2101 Beneficial owner
Teoh Ronnie Chee Keong 2101 Beneficial owner
China Taiping Insurance Holdings Company Limited 2201 Interest of corporation controlled by you
Wu Xiaodong 2201 Interest of corporation controlled by you
Han Lili 2201 Interest of corporation controlled by you
Zhongwei Group (hong Kong) Co., Limited 2101 Beneficial owner
De Gennes Limited 2101 Beneficial owner
King Pak Fu
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Taiping Financial Holdings Company Limited 2101 Beneficial owner
China Insurance Group Finance Company Limited 2106 Person having a security interest in shares

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