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Clifford Modern Living Holdings (HKSE:03686) EBIT : HK$141.1 Mil (TTM As of Dec. 2023)


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What is Clifford Modern Living Holdings EBIT?

Clifford Modern Living Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$57.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$141.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clifford Modern Living Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 28.75%. Clifford Modern Living Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 274.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clifford Modern Living Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -56.35%.


Clifford Modern Living Holdings EBIT Historical Data

The historical data trend for Clifford Modern Living 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.

Clifford Modern Living Holdings EBIT Chart

Clifford Modern Living 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 146.07 193.57 139.14 152.03 141.14

Clifford Modern Living Holdings Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 69.91 92.18 64.21 83.32 57.82

Competitive Comparison of Clifford Modern Living Holdings's EBIT

For the Grocery Stores subindustry, Clifford Modern Living 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.


Clifford Modern Living Holdings's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Clifford Modern Living Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Clifford Modern Living Holdings's EV-to-EBIT falls into.



Clifford Modern Living 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$141.1 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.


Clifford Modern Living Holdings  (HKSE:03686) EBIT Explanation

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

Clifford Modern Living Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=96.086 * ( 1 - 48.88% )/( (176.75 + 164.998)/ 2 )
=49.1191632/170.874
=28.75 %

where

Invested Capital(Q: Jun. 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))
=958.513 - 109.797 - ( 755.828 - max(0, 160.136 - 832.102+755.828))
=176.75

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))
=954.624 - 85.115 - ( 777.834 - max(0, 132.573 - 837.084+777.834))
=164.998

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Clifford Modern Living Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=115.648/( ( (44.717 + max(-87.526, 0)) + (39.491 + max(-88.743, 0)) )/ 2 )
=115.648/( ( 44.717 + 39.491 )/ 2 )
=115.648/42.104
=274.67 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.53 + 11.74 + 1.821) - (109.797 + 0 + 35.82)
=-87.526

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.743 + 11.309 + -3.144) - (85.115 + 0 + 35.536)
=-88.743

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Clifford Modern Living Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=141.143/-250.461
=-56.35 %

* 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.


Clifford Modern Living Holdings EBIT Related Terms

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Clifford Modern Living Holdings (HKSE:03686) Business Description

Traded in Other Exchanges
N/A
Address
8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496
Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.
Executives
Man Lai Hung 2101 Beneficial owner
Pang Lun Kee Clifford 2202 Interest of your spouse
Elland Holdings Limited 2101 Beneficial owner

Clifford Modern Living Holdings (HKSE:03686) Headlines

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