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Holly Futures Co (HKSE:03678) EBIT : HK$41 Mil (TTM As of Sep. 2024)


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What is Holly Futures Co EBIT?

Holly Futures Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was HK$2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Holly Futures Co's annualized ROC % for the quarter that ended in Sep. 2024 was -0.30%. Holly Futures Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Holly Futures Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.52%.


Holly Futures Co EBIT Historical Data

The historical data trend for Holly Futures 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.

Holly Futures Co EBIT Chart

Holly Futures 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 48.29 112.85 143.97 26.76 19.85

Holly Futures Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.09 16.94 -17.67 39.93 1.60

Competitive Comparison of Holly Futures Co's EBIT

For the Capital Markets subindustry, Holly Futures 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.


Holly Futures Co's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Holly Futures Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Holly Futures Co's EV-to-EBIT falls into.


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Holly Futures 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$41 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.


Holly Futures Co  (HKSE:03678) EBIT Explanation

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

Holly Futures Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-5.76 * ( 1 - 29.6% )/( (1356.433 + 1387.232)/ 2 )
=-4.05504/1371.8325
=-0.30 %

where

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))
=13806.11 - 11205.079 - ( 1244.598 - max(0, 11259.005 - 13295.265+1244.598))
=1356.433

Invested Capital(Q: Sep. 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))
=13212.405 - 10609.794 - ( 1215.379 - max(0, 10635.88 - 12693.874+1215.379))
=1387.232

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Holly Futures Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.408/( ( (356.831 + max(-3940.608, 0)) + (355.214 + max(-3405.579, 0)) )/ 2 )
=6.408/( ( 356.831 + 355.214 )/ 2 )
=6.408/356.0225
=1.80 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 236.677 + 7058.803) - (11205.079 + 0 + 31.009)
=-3940.608

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 167.164 + 7063.137) - (10609.794 + 0 + 26.085999999999)
=-3405.579

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Holly Futures Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=40.801/7893.460
=0.52 %

* 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.


Holly Futures Co EBIT Related Terms

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Holly Futures Co Business Description

Traded in Other Exchanges
Address
Jiang Dong Zhong Road, Building 3, No. 399, Jianye District, Jiangsu Province, Nanjing, CHN, 210019
Holly Futures Co Ltd is engaged in futures brokerage and asset management businesses. The company operates through two segments. The Futures Brokerage and Asset Management segment is engaged in the trading of commodity futures and financial futures on behalf of clients and the development and sales of asset management products and services. This segment is also involved in the investment in asset management plans, bank wealth management products, listed and unlisted securities, trust schemes, funds, and derivative financial instruments. The Commodity Trading and Risk Management segment is engaged in the provision of purchase and resale of commodities, futures arbitrage, variation basis trading, and hedging. The company has operations in Mainland China and Hong Kong.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Jiang Su Sheng Su Hao Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Shan You Xian Gong Si 2101 Beneficial owner
Huang Jieping 2201 Interest of corporation controlled by you
Shang Hai Tai He Yi Tian Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Zhong Shan Yi Gao Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Chang Hong Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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