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Cosmo Lady (China) Holdings Co (HKSE:02298) EBIT : HK$173 Mil (TTM As of Jun. 2024)


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What is Cosmo Lady (China) Holdings Co EBIT?

Cosmo Lady (China) Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$138 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$173 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cosmo Lady (China) Holdings Co's annualized ROC % for the quarter that ended in Jun. 2024 was 6.56%. Cosmo Lady (China) Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 19.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cosmo Lady (China) Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 26.50%.


Cosmo Lady (China) Holdings Co EBIT Historical Data

The historical data trend for Cosmo Lady (China) Holdings Co'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.

Cosmo Lady (China) Holdings Co EBIT Chart

Cosmo Lady (China) Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,531.42 -84.75 -456.06 69.48 85.53

Cosmo Lady (China) Holdings Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.18 14.05 50.35 35.18 137.83

Competitive Comparison of Cosmo Lady (China) Holdings Co's EBIT

For the Apparel Manufacturing subindustry, Cosmo Lady (China) Holdings Co'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.


Cosmo Lady (China) Holdings Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cosmo Lady (China) Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cosmo Lady (China) Holdings Co's EV-to-EBIT falls into.


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Cosmo Lady (China) Holdings Co 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$173 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.


Cosmo Lady (China) Holdings Co  (HKSE:02298) EBIT Explanation

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

Cosmo Lady (China) Holdings Co'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 )
=262.848 * ( 1 - 32.92% )/( (2608.679 + 2768.01)/ 2 )
=176.3184384/2688.3445
=6.56 %

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))
=4173.332 - 837.257 - ( 745.884 - max(0, 1620.408 - 2347.804+745.884))
=2608.679

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))
=4132.327 - 636.232 - ( 728.085 - max(0, 1634.834 - 2642.861+728.085))
=2768.01

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:

Cosmo Lady (China) Holdings Co'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 )
=275.652/( ( (1513.57 + max(-259.182, 0)) + (1208.204 + max(156.808, 0)) )/ 2 )
=275.652/( ( 1513.57 + 1365.012 )/ 2 )
=275.652/1439.291
=19.15 %

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)
=(361.168 + 674.264 + 0) - (837.257 + 0 + 457.357)
=-259.182

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(370.851 + 715.67 + 221.701) - (636.232 + 0 + 515.182)
=156.808

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:

Cosmo Lady (China) Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=173.008/652.799
=26.50 %

* 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.


Cosmo Lady (China) Holdings Co EBIT Related Terms

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Cosmo Lady (China) Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Fenggang Tianan Digital City, Building N1, Fenggang Town, Guangdong, Dongguan, CHN
Cosmo Lady (China) Holdings Co Ltd manufactures intimate wear apparel such as bras, underpants, sleepwear, loungewear, and thermal clothes. The company targets both the mass market and the high-end market with its brands that include Cosmo, Secret of City Beauty, Freeday, Mayajia, Ordifen, Rubii, and Ilsee. More than half of the company's sales are to franchisees that operate company outlet stores. The remaining sales are direct to consumers through Cosmo's self-managed company outlets and e-commerce sales. Women's apparel accounts for the vast majority of the company's total sales, and all sales are generated in China.
Executives
Zheng Yaonan 2202 Interest of your spouse
Wu Xiaoli 2101 Beneficial owner
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Cai Shaoru 2202 Interest of your spouse
Forever Flourish International Holdings Limited 2101 Beneficial owner
Zhang Shengfeng 2201 Interest of corporation controlled by you
Lin Zonghong 2101 Beneficial owner
Cai Jingqin 2202 Interest of your spouse
Hong Ye Asset Holdings Limited 2201 Interest of corporation controlled by you
Great Brilliant Investment Holdings Limited 2201 Interest of corporation controlled by you
Forever Shine Holdings Limited 2101 Beneficial owner

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