Best Mart 360 Holdings (HKSE:02360) EBIT : HK$315 Mil (TTM As of Jun. 2024)

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What is Best Mart 360 Holdings EBIT?

Best Mart 360 Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$315 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Best Mart 360 Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 32.57%. Best Mart 360 Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 54.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Best Mart 360 Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.01%.

Best Mart 360 Holdings EBIT Historical Data

The historical data trend for Best Mart 360 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.

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Best Mart 360 Holdings EBIT Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dec24

EBIT

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25.37

101.67

141.49

248.92

315.19

Best Mart 360 Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial											99.75	149.17	137.97	156.45	158.74

Competitive Comparison of Best Mart 360 Holdings's EBIT

For the Discount Stores subindustry, Best Mart 360 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.

Best Mart 360 Holdings's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Best Mart 360 Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Best Mart 360 Holdings's EV-to-EBIT falls into.

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Best Mart 360 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$315 Mil.

Best Mart 360 Holdings (HKSE:02360) EBIT Explanation

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

Best Mart 360 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: Sep. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	305.522 * ( 1 - 16.91% )	/	( (769.441	+	789.227)	/ 2 )
=	253.8582298	/	779.334
=	32.57 %

where

	Invested Capital		(Q: Sep. 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	))
=	1112.986	-	239.598	-	( 255.561	-	max(0, 500.742	-	604.689	+	255.561	))
=	769.441

	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	))
=	1028.031	-	106.829	-	( 183.93	-	max(0, 386.883	-	518.858	+	183.93	))
=	789.227

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:

Best Mart 360 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: Sep. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	312.896	/	( ( (464.731 + max(53.724, 0))	+	(463.995 + max(166.638, 0)) )	/	2 )
=	312.896	/	( ( 518.455	+	630.633 )	/	2 )
=	312.896	/	574.544
=	54.46 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.292	+	269.351	+	60.307)	-	(239.598	+	0	+	49.628)
=	53.724

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(15.604	+	246.468	+	65)	-	(106.829	+	0	+	53.605)
=	166.638

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:

Best Mart 360 Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	315.19	/	1968.643
	=	16.01 %

Best Mart 360 Holdings EBIT Related Terms

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Best Mart 360 Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating a chain of retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, confectioneries, packaged bakery products and snacks, nuts and dried fruits, grain and other miscellaneous food products, and household, and personal care products in Hong Kong, Macau, and Mainland China. The company generates the majority of its revenue from Hong Kong.

Executives

Sino Sea Enterprises Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Hui Chi Kwan	2201 Interest of corporation controlled by you
China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

Best Mart 360 Holdings Headlines

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