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Graphex Group (HKSE:06128) EBIT : HK$-102.2 Mil (TTM As of Jun. 2024)


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What is Graphex Group EBIT?

Graphex Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-48.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-102.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Graphex Group's annualized ROC % for the quarter that ended in Jun. 2024 was -11.37%. Graphex Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -367.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Graphex Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -31.11%.


Graphex Group EBIT Historical Data

The historical data trend for Graphex 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.

Graphex Group EBIT Chart

Graphex Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.84 -50.39 -30.10 -90.53 -102.16

Graphex Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.28 -34.04 -56.50 -48.33 -53.83

Competitive Comparison of Graphex Group's EBIT

For the Other Industrial Metals & Mining subindustry, Graphex 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.


Graphex Group's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Graphex Group's EV-to-EBIT distribution charts can be found below:

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


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Graphex 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$-102.2 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.


Graphex Group  (HKSE:06128) EBIT Explanation

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

Graphex 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 )
=-91.204 * ( 1 - 5.68% )/( (745.566 + 767.58)/ 2 )
=-86.0236128/756.573
=-11.37 %

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))
=847.343 - 175.446 - ( 27.213 - max(0, 320.168 - 246.499+27.213))
=745.566

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:

Graphex 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 )
=-96.65/( ( (28.676 + max(-13.743, 0)) + (23.863 + max(-36.529, 0)) )/ 2 )
=-96.65/( ( 28.676 + 23.863 )/ 2 )
=-96.65/26.2695
=-367.92 %

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)
=(147.991 + 13.712 + 0) - (175.446 + 0 + 0)
=-13.743

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(157.478 + 16.451 + 0.044999999999959) - (170.255 + 40.248 + 0)
=-36.529

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-102.157/328.365
=-31.11 %

* 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.


Graphex Group EBIT Related Terms

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Graphex Group Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 11th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Graphex Group Ltd is engaged in the sale of graphene products. It operates in three segments namely, the Graphene Products Segment includes Processing and sale of graphite and graphene-related products; the Landscape Architecture Design Segment includes Providing landscape architecture design; and the catering business focuses on the operation of restaurants. The company derives the majority of its revenue from the sale of graphene products segment.
Executives
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Chan Yick Yan Andross 2101 Beneficial owner
Tycoon Partner Holdings Limited 2101 Beneficial owner
Shen Taoyu 2101 Beneficial owner
Wu Wenbei 2101 Beneficial owner
Lau Hing Tat Patrick 2101 Beneficial owner
Pbla Limited 2101 Beneficial owner
Guang Zhou Pu Bang Yuan Lin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Pu Bang Yuan Lin Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Gao Xin 2101 Beneficial owner
Shen Taoyu 2201 Interest of corporation controlled by you
Yang Bo 2201 Interest of corporation controlled by you
Profit King Investment Development Limited 2101 Beneficial owner

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