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Vobile Group (HKSE:03738) EBIT : HK$160 Mil (TTM As of Jun. 2024)


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What is Vobile Group EBIT?

Vobile Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$116 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$160 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vobile Group's annualized ROC % for the quarter that ended in Jun. 2024 was 5.54%. Vobile Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 35.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vobile Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.96%.


Vobile Group EBIT Historical Data

The historical data trend for Vobile 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.

Vobile Group EBIT Chart

Vobile Group 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 -57.89 117.33 5.30 185.31 139.39

Vobile Group Semi-Annual Data
Dec14 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 67.51 117.81 95.47 43.93 115.87

Competitive Comparison of Vobile Group's EBIT

For the Software - Application subindustry, Vobile 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.


Vobile Group's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Vobile Group's EV-to-EBIT distribution charts can be found below:

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



Vobile 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$160 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.


Vobile Group  (HKSE:03738) EBIT Explanation

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

Vobile 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 )
=230.214 * ( 1 - 33.67% )/( (2706.668 + 2810.045)/ 2 )
=152.7009462/2758.3565
=5.54 %

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))
=3506.108 - 559.397 - ( 240.043 - max(0, 736.727 - 1455.562+240.043))
=2706.668

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))
=3721.191 - 609.501 - ( 301.645 - max(0, 944.497 - 1716.911+301.645))
=2810.045

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:

Vobile 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 )
=231.73/( ( (83.845 + max(494.753, 0)) + (89.579 + max(631.874, 0)) )/ 2 )
=231.73/( ( 578.598 + 721.453 )/ 2 )
=231.73/650.0255
=35.65 %

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)
=(1057.247 + 4.397 + 25.455) - (559.397 + 0 + 32.949)
=494.753

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1210.789 + 9.075 + 21.511) - (609.501 + 0 + 0)
=631.874

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=159.791/8138.753
=1.96 %

* 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.


Vobile Group EBIT Related Terms

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Vobile Group Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Suite 3712, 37th Floor, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG
Vobile Group Ltd is a Saas provider of digital content protection and monetization technology services. It builds the essential technology infrastructure to support the distribution of digital content assets. The company's products are VideoTracker, ReClaim, TV Ad Tracking, Online TVOD PPT, MediaWise, and Transaction-based SaaS business that includes content monetization platforms to enable revenue-sharing for conventional home video distribution through its conventional PPT platform.
Executives
Greater Bay Area Homeland Investments Limited 2201 Interest of corporation controlled by you
Poly Platinum Enterprises Limited 2101 Beneficial owner
Greater Bay Area Homeland Development Fund (gp) Limited 2201 Interest of corporation controlled by you
Wang Yangbin Bernard 2101 Beneficial owner
Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Lu Jian 2307 Founder of a discretionary trust who can infl
Ma Yi Ke Ji Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Yun Qiang Qi Ye Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Antfin (hong Kong) Holding Limited 2101 Beneficial owner
Tricor Equity Trustee Limited 2301 Trustee
Navibell Venture Corp. 2101 Beneficial owner

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