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Jolimark Holdings (HKSE:02028) EBIT : HK$-86.5 Mil (TTM As of Jun. 2024)


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What is Jolimark Holdings EBIT?

Jolimark Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-44.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-86.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jolimark Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -39.79%. Jolimark Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -82.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jolimark Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -64.00%.


Jolimark Holdings EBIT Historical Data

The historical data trend for Jolimark 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.

Jolimark Holdings EBIT Chart

Jolimark 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 -39.46 -22.48 -22.85 -32.36 -76.51

Jolimark Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.26 -27.34 -34.15 -42.36 -44.18

Competitive Comparison of Jolimark Holdings's EBIT

For the Computer Hardware subindustry, Jolimark 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.


Jolimark Holdings's EV-to-EBIT Distribution in the Hardware Industry

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

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



Jolimark 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$-86.5 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.


Jolimark Holdings  (HKSE:02028) EBIT Explanation

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

Jolimark 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 )
=-89.81 * ( 1 - 0% )/( (240.837 + 210.617)/ 2 )
=-89.81/225.727
=-39.79 %

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))
=278.028 - 51.676 - ( 40.788 - max(0, 166.509 - 152.024+40.788))
=240.837

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))
=222.531 - 48.201 - ( 29.647 - max(0, 167.499 - 131.212+29.647))
=210.617

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:

Jolimark 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 )
=-88.354/( ( (89.76 + max(25.315, 0)) + (70.471 + max(29.171, 0)) )/ 2 )
=-88.354/( ( 115.075 + 99.642 )/ 2 )
=-88.354/107.3585
=-82.30 %

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)
=(13.723 + 76.672 + 4.504) - (51.676 + 0 + 17.908)
=25.315

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.162 + 67.923 + 3.292) - (48.201 + 0 + 8.005)
=29.171

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-86.537/135.214
=-64.00 %

* 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.


Jolimark Holdings EBIT Related Terms

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Jolimark Holdings Business Description

Traded in Other Exchanges
N/A
Address
Jiangyu Science and Technology Park, 18 Jiangyu Road, Jinguzhou Development Zone, Xinhui District, Guangdong province, Jiangmen, CHN, 529141
Jolimark Holdings Ltd is an investment holding company. It is engaged in the manufacture and sale of printers and other electronic products. The group sells products to end-users mainly through third-party distributors or corporate customers. It generates maximum revenue from the Printers business. Geographically, it derives a majority of revenue from the PRC.
Executives
Au Pak Yin, Tai Noi Kit Family Holdings Limited
Kytronics Growth Limited
Kytronics Holdings Limited
Au Pak Yin
Tai Noi Kit

Jolimark Holdings Headlines

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