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Beijing Health (Holdings) (HKSE:02389) EBIT : HK$-109.4 Mil (TTM As of Jun. 2024)


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What is Beijing Health (Holdings) EBIT?

Beijing Health (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-60.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-109.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijing Health (Holdings)'s annualized ROC % for the quarter that ended in Jun. 2024 was -3.50%. Beijing Health (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -27.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijing Health (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -42.31%.


Beijing Health (Holdings) EBIT Historical Data

The historical data trend for Beijing Health (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.

Beijing Health (Holdings) EBIT Chart

Beijing Health (Holdings) 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 -469.91 -198.77 -44.55 -101.25 -68.40

Beijing Health (Holdings) 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 -35.07 -66.18 -19.24 -49.17 -60.25

Competitive Comparison of Beijing Health (Holdings)'s EBIT

For the Medical Care Facilities subindustry, Beijing Health (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.


Beijing Health (Holdings)'s EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Beijing Health (Holdings)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Health (Holdings)'s EV-to-EBIT falls into.


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Beijing Health (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$-109.4 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.


Beijing Health (Holdings)  (HKSE:02389) EBIT Explanation

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

Beijing Health (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 )
=-63.106 * ( 1 - 4.58% )/( (1779.993 + 1662.41)/ 2 )
=-60.2157452/1721.2015
=-3.50 %

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))
=2178.371 - 62.421 - ( 335.957 - max(0, 148.733 - 693.725+335.957))
=1779.993

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))
=2031.707 - 125.801 - ( 243.496 - max(0, 128.048 - 594.081+243.496))
=1662.41

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:

Beijing Health (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 )
=-120.492/( ( (448.695 + max(-83.361, 0)) + (438.379 + max(-73.261, 0)) )/ 2 )
=-120.492/( ( 448.695 + 438.379 )/ 2 )
=-120.492/443.537
=-27.17 %

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)
=(16.826 + 45.403 + 0) - (62.421 + 0 + 83.169)
=-83.361

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.057 + 35.61 + 6.873) - (125.801 + 0 + 0)
=-73.261

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-109.411/258.605
=-42.31 %

* 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.


Beijing Health (Holdings) EBIT Related Terms

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Beijing Health (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
909 Cheung Sha Wan Road, Unit 2704, 27th Floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Beijing Health (Holdings) Ltd is engaged in the provision of medical care, health care, and geriatric care-related services and products in the PRC. Its geographical segments are Mainland China and the Middle East.
Executives
Lin Chih-lung 2101 Beneficial owner
China Vista Capital Limited 2101 Beneficial owner
China Vista Investment Limited 2201 Interest of corporation controlled by you
Beijing Financial Investment Holdings Limited 2106 Person having a security interest in shares
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Real Estate (hk) Limited 2201 Interest of corporation controlled by you
Beijing Properties (holdings) Limited 2201 Interest of corporation controlled by you
Cosmic Stand International Limited 2101 Beneficial owner

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