Ling Yue Services Group (HKSE:02165) EBIT : HK$138.0 Mil (TTM As of Jun. 2024)

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What is Ling Yue Services Group EBIT?

Ling Yue Services Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$77.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$138.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ling Yue Services Group's annualized ROC % for the quarter that ended in Jun. 2024 was 57.27%. Ling Yue Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2,816.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ling Yue Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 38.64%.

Ling Yue Services Group EBIT Historical Data

The historical data trend for Ling Yue Services 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.

Ling Yue Services Group EBIT Chart

Ling Yue Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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46.84

99.87

107.32

107.14

139.54

Ling Yue Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial						66.74	43.55	78.60	60.94	77.05

Competitive Comparison of Ling Yue Services Group's EBIT

For the Real Estate Services subindustry, Ling Yue Services 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.

Ling Yue Services Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ling Yue Services Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ling Yue Services Group's EV-to-EBIT falls into.

Ling Yue Services 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$138.0 Mil.

Ling Yue Services Group (HKSE:02165) EBIT Explanation

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

Ling Yue Services 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 )
=	155.21 * ( 1 - 15.72% )	/	( (264.073	+	192.734)	/ 2 )
=	130.810988	/	228.4035
=	57.27 %

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	))
=	916.167	-	99.135	-	( 658.666	-	max(0, 313.684	-	866.643	+	658.666	))
=	264.073

	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	))
=	962.793	-	159.991	-	( 688.989	-	max(0, 305.018	-	915.086	+	688.989	))
=	192.734

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:

Ling Yue Services 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 )
=	154.108	/	( ( (6.185 + max(-148.88, 0))	+	(4.757 + max(-137.619, 0)) )	/	2 )
=	154.108	/	( ( 6.185	+	4.757 )	/	2 )
=	154.108	/	5.471
=	2,816.82 %

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)
=	(132.382	+	1.138	+	31.284)	-	(99.135	+	0	+	214.549)
=	-148.88

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(166.279	+	1.12	+	0)	-	(159.991	+	0	+	145.027)
=	-137.619

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:

Ling Yue Services Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	137.993	/	357.106
	=	38.64 %

Ling Yue Services Group EBIT Related Terms

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Ling Yue Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ling Yue Services Group Ltd (HKSE:02165) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, Leading International Finance Center, 44th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN, 610000

Website

https://www.lingyue-service.com

Ling Yue Services Group Ltd is a property management company. Its business covers residential property services, commercial property services, urban services, public construction services, and others. The Group's revenue is mainly derived from three core businesses namely property management services; value-added services to non-property owners; and community value-added services. The majority of revenue is derived from the property management services segment.

Executives

Hou Sanli	2201 Interest of corporation controlled by you
Liu Yuhui	2201 Interest of corporation controlled by you
Wang Tao	2201 Interest of corporation controlled by you
Liu Ce	2201 Interest of corporation controlled by you
Liu Haowei	2201 Interest of corporation controlled by you
Long Yiqin	2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited	2101 Beneficial owner
Liu Yuqi	2202 Interest of your spouse
Hai Yue Holding Limited
Chen Aoao	2202 Interest of your spouse
Lan Tian	2202 Interest of your spouse
Liu Shan	2202 Interest of your spouse
Tianyue Holding Limited	2101 Beneficial owner
Linghui Holding Limited	2101 Beneficial owner
Yuelai Holding Limited	2101 Beneficial owner

Ling Yue Services Group Headlines

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