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AustAsia Group (HKSE:02425) EBIT : HK$-547 Mil (TTM As of Jun. 2024)


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What is AustAsia Group EBIT?

AustAsia Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-521 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-547 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AustAsia Group's annualized ROC % for the quarter that ended in Jun. 2024 was 2.18%. AustAsia Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AustAsia Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.42%.


AustAsia Group EBIT Historical Data

The historical data trend for AustAsia Group'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.

AustAsia Group EBIT Chart

AustAsia Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
694.19 881.34 1,004.03 437.44 -219.85

AustAsia Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only 345.57 108.23 -194.41 -25.45 -521.48

Competitive Comparison of AustAsia Group's EBIT

For the Farm Products subindustry, AustAsia Group'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.


AustAsia Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AustAsia Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AustAsia Group's EV-to-EBIT falls into.


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AustAsia Group 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$-547 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.


AustAsia Group  (HKSE:02425) EBIT Explanation

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

AustAsia Group'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 )
=240.552 * ( 1 - -1.22% )/( (11543.295 + 10822.492)/ 2 )
=243.4867344/11182.8935
=2.18 %

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))
=12225.565 - 1239.956 - ( 299.694 - max(0, 3557.679 - 2999.993+299.694))
=11543.295

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))
=10884.588 - 1168.43 - ( 112.891 - max(0, 3320.901 - 2214.567+112.891))
=10822.492

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:

AustAsia Group'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 )
=-1042.968/( ( (5346.904 + max(1405.855, 0)) + (5070.865 + max(677.561, 0)) )/ 2 )
=-1042.968/( ( 6752.759 + 5748.426 )/ 2 )
=-1042.968/6250.5925
=-16.69 %

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)
=(401.47 + 1995.145 + 284.283) - (1239.956 + 0 + 35.087)
=1405.855

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(327.742 + 1527.551 + -0.00099999999974898) - (1168.43 + 0 + 9.3009999999995)
=677.561

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:

AustAsia Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-546.932/5807.036
=-9.42 %

* 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.


AustAsia Group EBIT Related Terms

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AustAsia Group Business Description

Traded in Other Exchanges
N/A
Address
400 Orchard Road, No. 15-08, Orchard Towers, Singapore, SGP, 238875
AustAsia Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the production and sales of raw milk, beef cattle, and feed products, and distribution and sales of milk products in the People's Republic of China. The company's reportable operating segments are; the raw milk business for the production and sales of raw milk; the beef cattle business for raising and sales of beef cattle; and the ancillary business for sales of milk products, feed products, and others. Maximum revenue for the company is generated from its Raw milk segment. Geographically, the company derives its revenue from Mainland China.
Executives
Santosa Gabriella 2501 Other
Fusion Investment Holdings Limited 2201 Interest of corporation controlled by you
Rangi Management Limited 2501 Other
Meiji (china) Inevestment Company, Limited. 2101 Beneficial owner
Santosa Renaldo 2501 Other
Kolonas Rachel Anastasia 2307 Founder of a discretionary trust who can infl
Morze International Limited 2101 Beneficial owner
Hall Martin John 2201 Interest of corporation controlled by you
Highvern Trustees Limited 2501 Other
Mnm Holdings Limited 2201 Interest of corporation controlled by you
Rive Naomi Julia 2201 Interest of corporation controlled by you

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