Golden Faith Group Holdings (HKSE:02863) EBIT : HK$-12.1 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Golden Faith Group Holdings EBIT?

Golden Faith Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was HK$14.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-12.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Golden Faith Group Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 10.37%. Golden Faith Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 222.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Golden Faith Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -25.57%.

Golden Faith Group Holdings EBIT Historical Data

The historical data trend for Golden Faith Group 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.

Golden Faith Group Holdings EBIT Chart

Golden Faith Group Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

Get a 7-Day Free Trial

27.49

29.69

22.27

15.96

-15.98

Golden Faith Group Holdings Semi-Annual Data
	Sep14	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial													9.70	6.26	10.73	-26.70	14.60

Competitive Comparison of Golden Faith Group Holdings's EBIT

For the Engineering & Construction subindustry, Golden Faith Group 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.

Golden Faith Group Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Golden Faith Group Holdings's EV-to-EBIT distribution charts can be found below:

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

Golden Faith Group 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-12.1 Mil.

Golden Faith Group Holdings (HKSE:02863) EBIT Explanation

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

Golden Faith Group Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	31.152 * ( 1 - 35.14% )	/	( (158.759	+	230.74)	/ 2 )
=	20.2051872	/	194.7495
=	10.37 %

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	))
=	368.193	-	30.424	-	( 179.01	-	max(0, 78.817	-	361.879	+	179.01	))
=	158.759

	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	))
=	396.69	-	20.363	-	( 145.587	-	max(0, 97.93	-	390.89	+	145.587	))
=	230.74

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Golden Faith Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	29.194	/	( ( (3.613 + max(12.004, 0))	+	(2.922 + max(7.662, 0)) )	/	2 )
=	29.194	/	( ( 15.617	+	10.584 )	/	2 )
=	29.194	/	13.1005
=	222.85 %

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)
=	(88.536	+	0	+	0)	-	(30.424	+	0	+	46.108)
=	12.004

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(102.874	+	0	+	0)	-	(20.363	+	0	+	74.849)
=	7.662

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-12.107	/	47.348
	=	-25.57 %

Golden Faith Group Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Golden Faith Group Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Faith Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Golden Faith Group Holdings Ltd (HKSE:02863) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Connaught Road West, Room 3606, 36th floor, Singga Commercial Centre, Hong Kong, HKG

Website

http://www.goldenfaith.hk

Golden Faith Group Holdings Ltd is an investment holding company. The company's operating segment includes Electric and maintenance engineering services.

Executives

Cheung Kam Fai	2101 Beneficial owner
Ko Chun Hay Kelvin	2101 Beneficial owner
Yung On Wah	2101 Beneficial owner
Greatly Success Investment Trading Limited	2101 Beneficial owner

Golden Faith Group Holdings Headlines

No Headlines