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Strawbear Entertainment Group (HKSE:02125) EBIT : HK$-81 Mil (TTM As of Jun. 2024)


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What is Strawbear Entertainment Group EBIT?

Strawbear Entertainment Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Strawbear Entertainment Group's annualized ROC % for the quarter that ended in Jun. 2024 was 5.54%. Strawbear Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Strawbear Entertainment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -21.62%.


Strawbear Entertainment Group EBIT Historical Data

The historical data trend for Strawbear Entertainment 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.

Strawbear Entertainment Group EBIT Chart

Strawbear Entertainment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 84.24 69.19 328.36 106.38 -112.92

Strawbear Entertainment Group 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 134.26 -21.52 19.35 -132.27 51.16

Competitive Comparison of Strawbear Entertainment Group's EBIT

For the Entertainment subindustry, Strawbear Entertainment 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.


Strawbear Entertainment Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Strawbear Entertainment Group's EV-to-EBIT distribution charts can be found below:

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


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Strawbear Entertainment 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$-81 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.


Strawbear Entertainment Group  (HKSE:02125) EBIT Explanation

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

Strawbear Entertainment 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 )
=174.34 * ( 1 - 26.31% )/( (2303.098 + 2337.636)/ 2 )
=128.471146/2320.367
=5.54 %

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))
=2825.918 - 341.76 - ( 181.06 - max(0, 886.247 - 2646.177+181.06))
=2303.098

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))
=2844.102 - 371.428 - ( 135.038 - max(0, 923.117 - 2661.873+135.038))
=2337.636

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:

Strawbear Entertainment 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 )
=102.31/( ( (13.958 + max(1528.947, 0)) + (15.28 + max(1954.6, 0)) )/ 2 )
=102.31/( ( 1542.905 + 1969.88 )/ 2 )
=102.31/1756.3925
=5.83 %

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)
=(606.586 + 1431.189 + 68.67) - (341.76 + 0 + 235.738)
=1528.947

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1005.03 + 1145.708 + 401.753) - (371.428 + 0 + 226.463)
=1954.6

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-81.116/375.203
=-21.62 %

* 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.


Strawbear Entertainment Group EBIT Related Terms

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Strawbear Entertainment Group Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Jiangdong Zhong Road, Room 2508, Building A, Wanda Plaza, Jianye District, Jiangsu, Nanjing, CHN
Strawbear Entertainment Group is one of the drama series producers and distributors in China, covering the investment, development, production, and distribution of TV series and web series. The revenue is mostly generated from licensing the broadcasting rights of self-produced drama series to TV channels, online video platforms, or third-party distributors; licensing the broadcasting rights of outright-purchased drama series from online video platforms or drama series producers to TV channels, third-party distributors or online video platforms; and production services for made-to-order drama series per online video platforms' orders. the company earns its revenue from mainland china.
Executives
Liu Xiaofeng 2307 Founder of a discretionary trust who can infl
Master Sagittarius Holding Limited 2305 Beneficiary of a trust
Vistra Trust (hong Kong) Limited 2301 Trustee
Success Tale Enterprises Limited 2201 Interest of corporation controlled by you
Iqiyi, Inc. 2201 Interest of corporation controlled by you
Gorgeous Horizon Limited 2101 Beneficial owner
Ma Sean 2201 Interest of corporation controlled by you
Snow Lake Management Lp 2102 Investment manager
Snow Lake Management Llc 2201 Interest of corporation controlled by you
Snow Lake Capital (hk) Limited 2102 Investment manager
Snow Lake China Offshore Fund, Ltd. 2201 Interest of corporation controlled by you
Snow Lake China Master Fund, Ltd. 2101 Beneficial owner
Vistra Trust (singapore) Pte. Limited
Li Yanhong 2201 Interest of corporation controlled by you
Baidu, Inc. 2201 Interest of corporation controlled by you

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