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Future Bright Mining Holdings (HKSE:02212) EBIT : HK$-13.9 Mil (TTM As of Jun. 2024)


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What is Future Bright Mining Holdings EBIT?

Future Bright Mining Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-6.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-13.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Future Bright Mining Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -9.64%. Future Bright Mining Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -70.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Future Bright Mining Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -10.34%.


Future Bright Mining Holdings EBIT Historical Data

The historical data trend for Future Bright Mining 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.

Future Bright Mining Holdings EBIT Chart

Future Bright Mining Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.03 -4.53 -8.36 -18.37 -13.88

Future Bright Mining Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -3.96 -10.54 -7.83 -6.79 -7.15

Competitive Comparison of Future Bright Mining Holdings's EBIT

For the Building Materials subindustry, Future Bright Mining 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.


Future Bright Mining Holdings's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Future Bright Mining Holdings's EV-to-EBIT distribution charts can be found below:

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


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Future Bright Mining 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$-13.9 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.


Future Bright Mining Holdings  (HKSE:02212) EBIT Explanation

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

Future Bright Mining 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 )
=-13.836 * ( 1 - 1.74% )/( (142.607 + 139.531)/ 2 )
=-13.5952536/141.069
=-9.64 %

where

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:

Future Bright Mining 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 )
=-13.578/( ( (20.669 + max(-10.735, 0)) + (18.032 + max(-23.237, 0)) )/ 2 )
=-13.578/( ( 20.669 + 18.032 )/ 2 )
=-13.578/19.3505
=-70.17 %

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)
=(0 + 0.581 + 0.631) - (1.7 + 0 + 10.247)
=-10.735

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.572 + 2.335) - (26.144 + 0 + 0)
=-23.237

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-13.936/134.732
=-10.34 %

* 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.


Future Bright Mining Holdings EBIT Related Terms

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Future Bright Mining Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 207 Shuijing Avenue, Chengguan Town, Nanzhang County, Hubei Province, Xiangyang, CHN
Future Bright Mining Holdings Ltd is a marble mining company. It has been focusing on developing the Yiduoyan Project, which is an open-pit mine located in the Hubei Province of the PRC. The company operates in two segments, namely the Marble Block segment, which supplies marble blocks mainly for further processing, construction, or trading; and the Commodity Trading segment, which conducts the trading business of commodities. It derives revenue from the Commodity trading segment. All of its revenue is derived from Mainland China.
Executives
Golden Convergence Holdings Group Limited 2101 Beneficial owner
Golden Convergence Investment Limited 2201 Interest of corporation controlled by you
Wu Yan Nancy 2201 Interest of corporation controlled by you
Sun Hailong 2101 Beneficial owner
Zhang Caihong 2202 Interest of your spouse
Zhong Ke Jiu Tai Resources Use Technology Holdings Company Limited 2201 Interest of corporation controlled by you
Zhong Ke Jiu Tai Technology Group Limited 2101 Beneficial owner
Li Yuguo 2201 Interest of corporation controlled by you
Ge Limin 2101 Beneficial owner

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