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MBV International (HKSE:01957) EBIT : HK$48.6 Mil (TTM As of Jun. 2024)


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What is MBV International EBIT?

MBV International's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$16.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$48.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MBV International's annualized ROC % for the quarter that ended in Jun. 2024 was 11.97%. MBV International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 26.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MBV International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -144.68%.


MBV International EBIT Historical Data

The historical data trend for MBV International'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.

MBV International EBIT Chart

MBV International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 52.06 7.33 25.90 43.17 51.78

MBV International Semi-Annual Data
Dec16 Dec17 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 16.34 27.00 19.58 32.38 16.20

Competitive Comparison of MBV International's EBIT

For the Apparel Manufacturing subindustry, MBV International'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.


MBV International's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MBV International's EV-to-EBIT distribution charts can be found below:

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


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MBV International 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$48.6 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.


MBV International  (HKSE:01957) EBIT Explanation

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

MBV International'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 )
=32.304 * ( 1 - 31.4% )/( (185.844 + 184.558)/ 2 )
=22.160544/185.201
=11.97 %

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))
=405.491 - 61.124 - ( 158.523 - max(0, 67.844 - 254.707+158.523))
=185.844

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:

MBV International'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 )
=32.4/( ( (92.011 + max(29.787, 0)) + (90.969 + max(33.12, 0)) )/ 2 )
=32.4/( ( 121.798 + 124.089 )/ 2 )
=32.4/122.9435
=26.35 %

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)
=(14.144 + 69.574 + 11.197) - (61.124 + 0 + 4.004)
=29.787

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.527 + 66.696 + 9.238) - (51.47 + 0 + 3.871)
=33.12

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=48.579/-33.578
=-144.68 %

* 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.


MBV International EBIT Related Terms

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MBV International Business Description

Traded in Other Exchanges
N/A
Address
No. 58-66, Jalan Seroja 39, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100
MBV International Ltd is an investment holding company. Its operating segments are Wholesaling of imprintable apparel and gift products and Manufacturing of imprintable apparel. The Wholesaling segment generates the majority of its revenue. Its product portfolio includes imprintable apparel ranging from T-shirts, uniforms, jackets, and others including other casual wear and accessories in a variety of sizes, colors, and styles in blank or undecorated form, without imprints or embellishment to its customers who may decorate its products with designs and logos for sale to a diversified range of consumers. Its geographical segments are Malaysia and Singapore, of which Malaysia accounts for the majority of revenue.
Executives
Foo Kim Foong 2202 Interest of your spouse
Kong Siew Peng 2202 Interest of your spouse
Loi Siew Yoke 2202 Interest of your spouse
Mbv Capital Limited 2101 Beneficial owner
Tan Meng Seng 2201 Interest of corporation controlled by you
Tan Beng Sen 2201 Interest of corporation controlled by you
Tan Mein Kwang 2201 Interest of corporation controlled by you

MBV International Headlines

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