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Leadway Technology Investment Group (HKSE:02086) EBIT : HK$-12.46 Mil (TTM As of Jun. 2024)


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What is Leadway Technology Investment Group EBIT?

Leadway Technology Investment Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$2.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-12.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leadway Technology Investment Group's annualized ROC % for the quarter that ended in Jun. 2024 was 7.58%. Leadway Technology Investment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leadway Technology Investment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.36%.

Leadway Technology Investment Group EBIT Historical Data

The historical data trend for Leadway Technology Investment 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.

Leadway Technology Investment Group EBIT Chart

Leadway Technology Investment Group 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 2.39 -19.56 -19.41 1.35 -18.92

Leadway Technology Investment Group 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 0.25 1.11 -4.17 -14.75 2.28

Competitive Comparison of Leadway Technology Investment Group's EBIT

For the Security & Protection Services subindustry, Leadway Technology Investment 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.

Leadway Technology Investment Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leadway Technology Investment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leadway Technology Investment Group's EV-to-EBIT falls into.


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Leadway Technology Investment 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-12.46 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.

Leadway Technology Investment Group  (HKSE:02086) EBIT Explanation

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

Leadway Technology Investment Group'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 )
=3.7 * ( 1 - 0% )/( (50.84 + 46.759)/ 2 )
=3.7/48.7995
=7.58 %

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))
=77.617 - 6.338 - ( 20.439 - max(0, 15.136 - 59.633+20.439))
=50.84

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))
=79.275 - 9.331 - ( 23.185 - max(0, 16.918 - 63.642+23.185))
=46.759

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:

Leadway Technology Investment Group'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 )
=4.568/( ( (10.373 + max(22.947, 0)) + (7.815 + max(21.836, 0)) )/ 2 )
=4.568/( ( 33.32 + 29.651 )/ 2 )
=4.568/31.4855
=14.51 %

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)
=(6.662 + 26.811 + 0.503) - (6.338 + 0 + 4.691)
=22.947

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.91 + 26.946 + 0.478) - (9.331 + 0 + 4.167)
=21.836

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:

Leadway Technology Investment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-12.464/133.128
=-9.36 %

* 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.

Leadway Technology Investment Group EBIT Related Terms

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Leadway Technology Investment Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leadway Technology Investment Group Ltd (HKSE:02086) » Definitions » EBIT
Comparable Companies
HKSE:08379 HKSE:08051 HKSE:01162 HKSE:02885 HKSE:01850 HKSE:08315 HKSE:02239 HKSE:06663 HKSE:02442 OSTO:ASSA B TSE:9735 ALLE OSTO:SECU B SZSE:002236 ADT MSA GEO BCO TSE:2331 BRC
Traded in Other Exchanges
N/A
Address
Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG
Website
https://www.leadwayinv.com
Leadway Technology Investment Group Ltd is smart card reader supplier and is into the research and development of smart card operating systems and readers. The company is engaged in the financial technology and smart living business, which is for the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. Geographically, the company operates in Europe, Asia Pacific, The Americas and Middle East and Africa. It derives maximum revenue from Europe.
Executives
Zhang Xueqin 2201 Interest of corporation controlled by you
Mai Zhaoping 2201 Interest of corporation controlled by you
Mars Enterprise Holdings Limited 2201 Interest of corporation controlled by you
Megacore Development Limited 2101 Beneficial owner
Megacore International Innovation Limited 2201 Interest of corporation controlled by you
Zhong Zhao Investment Holdings Limited 2201 Interest of corporation controlled by you
Mars Development Limited 2101 Beneficial owner
Qiu Yong 2201 Interest of corporation controlled by you
Sun Speed Holdings Limited 2201 Interest of corporation controlled by you
Premium Financial Limited 2106 Person having a security interest in shares
Hna Ecotech Pioneer Acquisition 2101 Beneficial owner
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Jiao Guan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Hang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Tang Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

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