Feiyang International Holdings Group (HKSE:01901) EBIT : HK$1.1 Mil (TTM As of Dec. 2023)

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What is Feiyang International Holdings Group EBIT?

Feiyang International Holdings Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-22.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Feiyang International Holdings Group's annualized ROC % for the quarter that ended in Dec. 2023 was -6.54%. Feiyang International Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -52.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Feiyang International Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.41%.

Feiyang International Holdings Group EBIT Historical Data

The historical data trend for Feiyang International Holdings Group'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.

Feiyang International Holdings Group EBIT Chart

Feiyang International Holdings Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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41.28

-89.74

-153.68

-27.02

1.09

Feiyang International Holdings Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial									-76.92	-16.84	-10.97	23.51	-22.43

Competitive Comparison of Feiyang International Holdings Group's EBIT

For the Travel Services subindustry, Feiyang International Holdings Group'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.

Feiyang International Holdings Group's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Feiyang International Holdings Group's EV-to-EBIT distribution charts can be found below:

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

Feiyang International Holdings Group 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$1.1 Mil.

Feiyang International Holdings Group (HKSE:01901) EBIT Explanation

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

Feiyang International Holdings Group'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 )
=	-29.052 * ( 1 - -6.61% )	/	( (466.422	+	480.196)	/ 2 )
=	-30.9723372	/	473.309
=	-6.54 %

where

	Invested Capital		(Q: Jun. 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	))
=	500.492	-	72.378	-	( 28.293	-	max(0, 391.751	-	353.443	+	28.293	))
=	466.422

	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	))
=	620.045	-	190.052	-	( 64.526	-	max(0, 523.648	-	473.445	+	64.526	))
=	480.196

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:

Feiyang International Holdings Group'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 )
=	-44.856	/	( ( (74.235 + max(28.912, 0))	+	(68.349 + max(0.47899999999996, 0)) )	/	2 )
=	-44.856	/	( ( 103.147	+	68.828 )	/	2 )
=	-44.856	/	85.9875
=	-52.17 %

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)
=	(110.625	+	7.058	+	74.872)	-	(72.378	+	0	+	91.265)
=	28.912

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(219.927	+	5.742	+	79.765)	-	(190.052	+	0	+	114.903)
=	0.47899999999996

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1.085	/	264.301
	=	0.41 %

Feiyang International Holdings Group EBIT Related Terms

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Feiyang International Holdings Group (HKSE:01901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Feiyang International Holdings Group Ltd (HKSE:01901) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

(1-140) 30 Dashani Street, Haishu District, Zhejiang, Ningbo, CHN

Website

https://www.iflying.com

Feiyang International Holdings Group Ltd is a travel service provider. It is principally engaged in the design, development and sales of outbound travel package tours; the design, development and sales of FIT Products; and the provision of other ancillary travel-related products and services. The company derives maximum revenue from Sales of package tours. Geographically, it generates a majority of revenue from China.

Executives

He Binfeng	2101 Beneficial owner
Qian Jie	2202 Interest of your spouse
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Qian Jie	2202 Interest of your spouse

Feiyang International Holdings Group (HKSE:01901) Headlines

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