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Ernest Borel Holdings (HKSE:01856) EBIT : HK$26.8 Mil (TTM As of Dec. 2023)


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What is Ernest Borel Holdings EBIT?

Ernest Borel Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$21.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$26.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ernest Borel Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -21.81%. Ernest Borel Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ernest Borel Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.72%.


Ernest Borel Holdings EBIT Historical Data

The historical data trend for Ernest Borel 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.

Ernest Borel Holdings EBIT Chart

Ernest Borel Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.52 6.48 -19.25 -0.84 26.78

Ernest Borel Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -21.43 -3.44 2.60 5.45 21.33

Competitive Comparison of Ernest Borel Holdings's EBIT

For the Luxury Goods subindustry, Ernest Borel 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.


Ernest Borel Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ernest Borel Holdings's EV-to-EBIT distribution charts can be found below:

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



Ernest Borel 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$26.8 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.


Ernest Borel Holdings  (HKSE:01856) EBIT Explanation

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

Ernest Borel Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-59.33 * ( 1 - -6.85% )/( (306.754 + 274.489)/ 2 )
=-63.394105/290.6215
=-21.81 %

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))
=656.004 - 343.194 - ( 38.321 - max(0, 393.243 - 501.31+38.321))
=274.489

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Ernest Borel Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.656/( ( (59.717 + max(118.942, 0)) + (57.111 + max(105.276, 0)) )/ 2 )
=42.656/( ( 178.659 + 162.387 )/ 2 )
=42.656/170.523
=25.01 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.822 + 316.042 + 15.27) - (332.818 + 0 + 4.374)
=118.942

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.425 + 324.784 + 9.76) - (343.194 + 0 + 11.499)
=105.276

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=26.778/720.489
=3.72 %

* 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.


Ernest Borel Holdings EBIT Related Terms

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Ernest Borel Holdings (HKSE:01856) Business Description

Traded in Other Exchanges
N/A
Address
193 Prince Edward Road West, Unit 1612-18, Level 16, Tower 1, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG
Ernest Borel Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sales of Swiss-made mechanical and quartz premium watches for men and women. Its collection of watches includes Royal, Braque, Jules, Borel, Retro, Cocktail, Galaxy, Cosmic, Heritage, Heartful, and other collections. Its geographical segments are China, Hong Kong, and Macau, and Others (mainly in Southeast Asia and Europe).
Executives
Citychamp Watch & Jewellery Group Limited 2201 Interest of corporation controlled by you
Full Day Limited 2201 Interest of corporation controlled by you
Sincere View International Limited 2501 Other
Vgb Limited 2101 Beneficial owner
Hon Kwok Lung 2201 Interest of corporation controlled by you
Lam Suk Ying 2201 Interest of corporation controlled by you
Xiong Wei 2202 Interest of your spouse
Xu Hong 2201 Interest of corporation controlled by you

Ernest Borel Holdings (HKSE:01856) Headlines

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