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Qingci Games (HKSE:06633) EBIT : HK$53.4 Mil (TTM As of Jun. 2024)


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What is Qingci Games EBIT?

Qingci Games's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$43.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$53.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qingci Games's annualized ROC % for the quarter that ended in Jun. 2024 was 3.02%. Qingci Games's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 210.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qingci Games's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.68%.


Qingci Games EBIT Historical Data

The historical data trend for Qingci Games'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.

Qingci Games EBIT Chart

Qingci Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 134.42 -490.51 89.34 -24.39 52.49

Qingci Games Semi-Annual Data
Dec18 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 170.56 65.14 -89.53 43.33 10.07

Competitive Comparison of Qingci Games's EBIT

For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.


Qingci Games's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qingci Games's EV-to-EBIT distribution charts can be found below:

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


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Qingci Games 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$53.4 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.


Qingci Games  (HKSE:06633) EBIT Explanation

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

Qingci Games'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 )
=12.964 * ( 1 - 1.94% )/( (412.779 + 429.704)/ 2 )
=12.7124984/421.2415
=3.02 %

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))
=2186.276 - 177.011 - ( 1670.042 - max(0, 241.507 - 1837.993+1670.042))
=412.779

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))
=2137.925 - 118.329 - ( 1659.255 - max(0, 173.971 - 1763.863+1659.255))
=429.704

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:

Qingci Games'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 )
=86.666/( ( (43.383 + max(-63.487, 0)) + (38.888 + max(-58.503, 0)) )/ 2 )
=86.666/( ( 43.383 + 38.888 )/ 2 )
=86.666/41.1355
=210.68 %

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)
=(74.482 + 1.451 + 92.018) - (177.011 + 0 + 54.427)
=-63.487

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.674 + 1.074 + 54.86) - (118.329 + 0 + 44.782)
=-58.503

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:

Qingci Games's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=53.4/551.753
=9.68 %

* 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.


Qingci Games EBIT Related Terms

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Qingci Games Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 4 Wang Hai Road, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008
Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
Executives
Keiskei Holding Ltd.
Yang Family Holding Limited
Yang Xu
Xia Men Ji Xiang Gu Quan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Ucweb Inc. 2201 Interest of corporation controlled by you
Uc Mobile New World Limited 2201 Interest of corporation controlled by you
Uc Mobile International Limited 2201 Interest of corporation controlled by you
Qookka Entertainment Limited 2101 Beneficial owner
Ejoy.com Inc. 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Ali Uc Investment Holding Limited 2201 Interest of corporation controlled by you
Intelligence Qc Ltd. 2101 Beneficial owner
Ye Jiting 2201 Interest of corporation controlled by you

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