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Laopu Gold Co (HKSE:06181) EBIT : HK$ Mil (TTM As of Dec. 2023)


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What is Laopu Gold Co EBIT?

Laopu Gold Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$625 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Laopu Gold Co's annualized ROC % for the quarter that ended in Dec. 2023 was 57.58%. Laopu Gold Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 78.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Laopu Gold Co EBIT Historical Data

The historical data trend for Laopu Gold 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.

Laopu Gold Co EBIT Chart

Laopu Gold Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
EBIT
203.01 160.42 625.14 2,110.44

Laopu Gold Co Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
EBIT 203.01 160.42 625.14 1,265.90

Competitive Comparison of Laopu Gold Co's EBIT

For the Luxury Goods subindustry, Laopu Gold 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.


Laopu Gold Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laopu Gold Co's EV-to-EBIT distribution charts can be found below:

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


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Laopu Gold 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$ 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.


Laopu Gold Co  (HKSE:06181) EBIT Explanation

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

Laopu Gold Co'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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1291.836 * ( 1 - 24.78% )/( (1298.446 + 2076.888)/ 2 )
=971.7190392/1687.667
=57.58 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=1441.915 - 76.151 - ( 67.318 - max(0, 325.389 - 1122.278+67.318))
=1298.446

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))
=2360.973 - 207.698 - ( 76.387 - max(0, 518.609 - 1942.372+76.387))
=2076.888

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:

Laopu Gold Co'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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1250.288/( ( (277.392 + max(961.513, 0)) + (338.818 + max(1598.595, 0)) )/ 2 )
=1250.288/( ( 1238.905 + 1937.413 )/ 2 )
=1250.288/1588.159
=78.73 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.969 + 901.006 + 41.937) - (76.151 + 0 + 17.248)
=961.513

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(411.616 + 1386.837 + 68.114) - (207.698 + 0 + 60.274)
=1598.595

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=/135718.073
= %

* 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.


Laopu Gold Co EBIT Related Terms

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Laopu Gold Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Dong Chang’an Avenue, No. 3 West Building, Rooms 3-6, 6th floor, The Towers at Oriental Plaza, Dongcheng District, Beijing, CHN
Laopu Gold Co Ltd is a Chinese heritage gold jewelry brand. It design, manufacture and sell pure gold jewelry which combines ancient wisdom and modern fashions. Our gold jewelry products primarily comprise pure gold jewelry and gem-set jewelry (with diamonds or other gemstones inlaid in pure gold) The company operated 33 boutiques in reputable commercial centers in 14 cities across China.
Executives
Xu Dongbo
Xu Gaoming
Beijing Hongqiao Jinji Consulting Co., Ltd.
Chen Guodong
Huang River Investment Limited
Tencent Holdings Limited

Laopu Gold Co Headlines

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