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Fu Shek Financial Holdings (HKSE:02263) EBIT : HK$3.35 Mil (TTM As of Sep. 2024)


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What is Fu Shek Financial Holdings EBIT?

Fu Shek Financial Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$1.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$3.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fu Shek Financial Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 1.71%. Fu Shek Financial Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fu Shek Financial Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -7.26%.


Fu Shek Financial Holdings EBIT Historical Data

The historical data trend for Fu Shek Financial 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.

Fu Shek Financial Holdings EBIT Chart

Fu Shek Financial Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 21.78 14.94 16.37 14.99 3.61

Fu Shek Financial Holdings Semi-Annual Data
Mar17 Mar18 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 10.88 4.11 1.77 1.84 1.51

Competitive Comparison of Fu Shek Financial Holdings's EBIT

For the Capital Markets subindustry, Fu Shek Financial 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.


Fu Shek Financial Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fu Shek Financial Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fu Shek Financial Holdings's EV-to-EBIT falls into.


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Fu Shek Financial 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$3.35 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.


Fu Shek Financial Holdings  (HKSE:02263) EBIT Explanation

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

Fu Shek Financial 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 )
=2.254 * ( 1 - 0% )/( (127.186 + 136.685)/ 2 )
=2.254/131.9355
=1.71 %

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))
=544.679 - 186.843 - ( 230.65 - max(0, 188.673 - 539.385+230.65))
=127.186

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:

Fu Shek Financial 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 )
=3.014/( ( (1.414 + max(120.471, 0)) + (1 + max(131.744, 0)) )/ 2 )
=3.014/( ( 121.885 + 132.744 )/ 2 )
=3.014/127.3145
=2.37 %

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)
=(124.078 + 0 + 184.395) - (186.843 + 0 + 1.159)
=120.471

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(142.712 + 0 + 115.212) - (125.4 + 0 + 0.77999999999999)
=131.744

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:

Fu Shek Financial Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3.345/-46.095
=-7.26 %

* 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.


Fu Shek Financial Holdings EBIT Related Terms

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Fu Shek Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
182 Queen’s Road East, 28th Floor, Shun Feng International Centre, Wan Chai, Hong Kong, HKG
Fu Shek Financial Holdings Ltd is a provider of financial services in Hong Kong. The company is engaged in four segments namely; the brokerage services segment; the margin financing services segment; the placing and underwriting services segment; and the asset management services segment. The company derives majority of its revenue from Margin financing services. The company generates all of its revenue from Hong-kong itself.
Executives
Man Chase Holdings Limited 2101 Beneficial owner
Keng Stephen Lee 2201 Interest of corporation controlled by you
Ng Hoi Shuen 2202 Interest of your spouse
Sze Mei Ngar Cindy 2202 Interest of your spouse
Yeung Lai Lai 2201 Interest of corporation controlled by you

Fu Shek Financial Holdings Headlines

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