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Tian Cheng Holdings (HKSE:02110) EBIT : HK$-37.9 Mil (TTM As of Nov. 2024)


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What is Tian Cheng Holdings EBIT?

Tian Cheng Holdings's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2024 was HK$-12.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was HK$-37.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tian Cheng Holdings's annualized ROC % for the quarter that ended in Nov. 2024 was -49.80%. Tian Cheng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -67.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tian Cheng Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -455.68%.


Tian Cheng Holdings EBIT Historical Data

The historical data trend for Tian Cheng 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.

Tian Cheng Holdings EBIT Chart

Tian Cheng Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
EBIT
Get a 7-Day Free Trial 35.20 45.64 20.24 -88.74 -45.61

Tian Cheng Holdings Semi-Annual Data
May17 May18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 -28.43 -60.31 -20.44 -25.18 -12.72

Competitive Comparison of Tian Cheng Holdings's EBIT

For the Engineering & Construction subindustry, Tian Cheng 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.


Tian Cheng Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tian Cheng Holdings's EV-to-EBIT distribution charts can be found below:

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


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Tian Cheng 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-37.9 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.


Tian Cheng Holdings  (HKSE:02110) EBIT Explanation

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

Tian Cheng Holdings's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=-28.074 * ( 1 - 2.66% )/( (62.027 + 47.731)/ 2 )
=-27.3272316/54.879
=-49.80 %

where

Note: The Operating Income data used here is two times the semi-annual (Nov. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Tian Cheng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-25.434/( ( (40.978 + max(-2.502, 0)) + (33.915 + max(-7.41, 0)) )/ 2 )
=-25.434/( ( 40.978 + 33.915 )/ 2 )
=-25.434/37.4465
=-67.92 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.415 + 0 + 7.341) - (29.616 + 0 + 4.642)
=-2.502

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.067 + 0 + 5.687) - (24.619 + 0 + 4.545)
=-7.41

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=-37.894/8.316
=-455.68 %

* 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.


Tian Cheng Holdings EBIT Related Terms

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Tian Cheng Holdings Business Description

Traded in Other Exchanges
N/A
Address
68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Cheng Holdings Ltd formerly Yue Kan Holdings Ltd is a marine construction works subcontractor. The company's operating segments includes Marine construction works; Other civil engineering works; health and wellness services and Vessel chartering services. It generates maximum revenue from the Marine construction works segment. Geographically, it derives revenue from Hong Kong.
Executives
Ouyang Chengguo 2101 Beneficial owner
Yue Hang Investment Limited 2101 Beneficial owner
Heung Che Kan 2201 Interest of corporation controlled by you
Mok Man Yee Lisa 2202 Interest of your spouse

Tian Cheng Holdings Headlines

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