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Cathay Group Holdings (HKSE:01981) EBIT : HK$-12.1 Mil (TTM As of Jun. 2024)


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What is Cathay Group Holdings EBIT?

Cathay Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$64.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-12.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cathay Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 14.42%. Cathay Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cathay Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.00%.


Cathay Group Holdings EBIT Historical Data

The historical data trend for Cathay Group 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.

Cathay Group Holdings EBIT Chart

Cathay Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 268.12 306.20 171.74 107.90 -196.77

Cathay Group Holdings Semi-Annual Data
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 152.36 -37.24 -119.90 -76.87 64.78

Competitive Comparison of Cathay Group Holdings's EBIT

For the Education & Training Services subindustry, Cathay Group 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.


Cathay Group Holdings's EV-to-EBIT Distribution in the Education Industry

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

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



Cathay Group 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$-12.1 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.


Cathay Group Holdings  (HKSE:01981) EBIT Explanation

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

Cathay Group 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 )
=268.35 * ( 1 - 0.66% )/( (1963.225 + 1734.164)/ 2 )
=266.57889/1848.6945
=14.42 %

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))
=3366.867 - 291.803 - ( 1245.733 - max(0, 707.987 - 1819.826+1245.733))
=1963.225

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))
=2889.175 - 227.575 - ( 927.436 - max(0, 309.415 - 1407.822+927.436))
=1734.164

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:

Cathay Group 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 )
=129.554/( ( (1508.207 + max(-461.212, 0)) + (1450.313 + max(-107.934, 0)) )/ 2 )
=129.554/( ( 1508.207 + 1450.313 )/ 2 )
=129.554/1479.26
=8.76 %

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)
=(184.069 + 37.161 + 20.96) - (291.803 + 0 + 411.599)
=-461.212

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.463 + 36.621 + 19.338) - (227.575 + 0 + 76.781)
=-107.934

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-12.093/1205.217
=-1.00 %

* 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.


Cathay Group Holdings EBIT Related Terms

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Cathay Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 93 Jianguo Road, 22nd Floor, Block 12, Wanda Plaza, Chaoyang District, Beijing, CHN, 10022
Cathay Group Holdings Inc is a media group, engaged in the TV/film production business and higher education business focused on media and arts. The company produces films, TV shows, Web films, and TV series.
Executives
Pu Shulin 2307 Founder of a discretionary trust who can infl
Luo Jacqueline 2202 Interest of your spouse
Cathay Media Holding Inc. 2101 Beneficial owner
Media One International (ptc) Limited 2301 Trustee
Winning Global Ventures Limited 2201 Interest of corporation controlled by you
Areo Holdings Limited 2201 Interest of corporation controlled by you
Highland Pines Limited 2101 Beneficial owner
Lam Lai Ming 2201 Interest of corporation controlled by you
Li Gabriel 2201 Interest of corporation controlled by you

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