Vital Innovations Holdings (HKSE:06133) EBIT : HK$-21.2 Mil (TTM As of Dec. 2023)

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What is Vital Innovations Holdings EBIT?

Vital Innovations Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-12.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-21.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vital Innovations Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -4.06%. Vital Innovations Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vital Innovations Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.74%.

Vital Innovations Holdings EBIT Historical Data

The historical data trend for Vital Innovations 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.

Vital Innovations Holdings EBIT Chart

Vital Innovations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.05

-114.90

-24.53

-18.68

-21.17

Vital Innovations Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-13.67	-9.99	-9.17	-9.12	-12.05

Competitive Comparison of Vital Innovations Holdings's EBIT

For the Consumer Electronics subindustry, Vital Innovations 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.

Vital Innovations Holdings's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vital Innovations Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vital Innovations Holdings's EV-to-EBIT falls into.

Vital Innovations 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$-21.2 Mil.

Vital Innovations Holdings (HKSE:06133) EBIT Explanation

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

Vital Innovations 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 )
=	-24.05 * ( 1 - 0% )	/	( (587.128	+	598.551)	/ 2 )
=	-24.05	/	592.8395
=	-4.06 %

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	))
=	683.202	-	75.173	-	( 20.901	-	max(0, 119.438	-	681.923	+	20.901	))
=	587.128

	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	))
=	687.836	-	62.653	-	( 26.632	-	max(0, 137.393	-	687.217	+	26.632	))
=	598.551

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:

Vital Innovations 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 )
=	-24.106	/	( ( (1.279 + max(569.729, 0))	+	(0.619 + max(559.428, 0)) )	/	2 )
=	-24.106	/	( ( 571.008	+	560.047 )	/	2 )
=	-24.106	/	565.5275
=	-4.26 %

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)
=	(0.044	+	7.992	+	652.345)	-	(75.173	+	0	+	15.479)
=	569.729

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.012	+	1.325	+	658.299)	-	(62.653	+	0	+	37.555)
=	559.428

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:

Vital Innovations Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-21.17	/	180.377
	=	-11.74 %

Vital Innovations Holdings EBIT Related Terms

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Vital Innovations Holdings (HKSE:06133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111

Website

http://www.vitalinno.com

Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

Vital Innovations Holdings (HKSE:06133) Headlines

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