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New Concepts Holdings (HKSE:02221) EBIT : HK$34.2 Mil (TTM As of Sep. 2024)


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What is New Concepts Holdings EBIT?

New Concepts Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-12.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$34.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. New Concepts Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was -3.46%. New Concepts Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -23.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. New Concepts Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.58%.


New Concepts Holdings EBIT Historical Data

The historical data trend for New Concepts 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.

New Concepts Holdings EBIT Chart

New Concepts Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -135.19 -28.55 50.07 -3.89 43.75

New Concepts Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -3.66 -0.23 -3.04 46.80 -12.64

Competitive Comparison of New Concepts Holdings's EBIT

For the Engineering & Construction subindustry, New Concepts 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.


New Concepts Holdings's EV-to-EBIT Distribution in the Construction Industry

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

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


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New Concepts 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$34.2 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.


New Concepts Holdings  (HKSE:02221) EBIT Explanation

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

New Concepts Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-31.33 * ( 1 - 4.77% )/( (861.392 + 861.91)/ 2 )
=-29.835559/861.651
=-3.46 %

where

Invested Capital(Q: Mar. 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))
=1104.069 - 228.67 - ( 37.321 - max(0, 337.384 - 351.391+37.321))
=861.392

Invested Capital(Q: Sep. 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))
=1201.07 - 333.604 - ( 53.386 - max(0, 409.178 - 414.734+53.386))
=861.91

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

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

New Concepts Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-25.278/( ( (108.082 + max(-53.782, 0)) + (108 + max(-189.673, 0)) )/ 2 )
=-25.278/( ( 108.082 + 108 )/ 2 )
=-25.278/108.041
=-23.40 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110.96 + 8.915 + 66.556) - (228.67 + 0 + 11.543)
=-53.782

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.628 + 11.151 + 0.032999999999959) - (333.604 + 0 + 20.881)
=-189.673

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=34.157/251.510
=13.58 %

* 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.


New Concepts Holdings EBIT Related Terms

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New Concepts Holdings Business Description

Traded in Other Exchanges
N/A
Address
19 Wang Chiu Road, Kingston International Centre, Office B, 3rd Floor, Kowloon Bay, Hong Kong, HKG
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
Executives
Lin Jiakuang
Yuan Heng Qi Ye Guan Li Shen Zhen Ji Tuan You Xian Gong Si
Zhu Yongjun
Yuan Heng Group International Co., Limited
Final Destination Limited 2201 Interest of corporation controlled by you
Ding Yi Feng Holdings Group International Limited 2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited 2101 Beneficial owner
Flying Goddess Limited 2201 Interest of corporation controlled by you
Eternity Sky Limited 2201 Interest of corporation controlled by you
Prosper Power Group Limited
Chu Shu Cheong
Jumbo Grand Enterprise Development Limited
China Investment Fund Company Limited 2201 Interest of corporation controlled by you
Flying Goddess Limited 2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited 2101 Beneficial owner

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