Differ Group Auto (HKSE:06878) EBIT: HK$-2,670 Mil (TTM As of Jun. 2024)

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HKSE:06878 Differ Group Auto Ltd HKSE:06878
4 GF Score
Price HK$0.04
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What is Differ Group Auto EBIT?

Differ Group Auto HKSE:06878 4 EBIT is HK$-2,670 Mil as of Jun. 2024. GuruFocus rates HKSE:06878 with a GF Score™ of 4/100.

Differ Group Auto's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-136 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2,670 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Differ Group Auto's annualized ROC % for the quarter that ended in Jun. 2024 was -0.66%. Differ Group Auto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -41.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Differ Group Auto's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -120.60%.


Differ Group Auto  (HKSE:06878) EBIT Explanation

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

Differ Group Auto'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 )
=-45.998 * ( 1 - 2.63% )/( (6665.291 + 6995.342)/ 2 )
=-44.7882526/6830.3165
=-0.66 %

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))
=6565.317 - 999.425 - ( 19.458 - max(0, 5975.661 - 4876.262+19.458))
=6665.291

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))
=6624.838 - 775.133 - ( 421.724 - max(0, 6168.875 - 5023.238+421.724))
=6995.342

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:

Differ Group Auto'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 )
=-272.248/( ( (559.023 + max(188.481, 0)) + (539.13 + max(30.547, 0)) )/ 2 )
=-272.248/( ( 747.504 + 569.677 )/ 2 )
=-272.248/658.5905
=-41.34 %

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)
=(95.334 + 3375.033 + 233.351) - (999.425 + 0 + 2515.812)
=188.481

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.259 + 3503.501 + 172.765) - (775.133 + 0 + 2974.845)
=30.547

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2669.534/2213.592
=-120.60 %

* 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.


Differ Group Auto EBIT Related Terms


Differ Group Auto EBIT Historical Data

* Premium members only.

The historical data trend for Differ Group Auto'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.

Differ Group Auto EBIT Chart

Differ Group Auto 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 459.42 571.24 727.21 -143.16 -2,537.95

Differ Group Auto Semi-Annual Data
Dec14 Jun15 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 Premium Member Only 129.09 -266.14 -4.54 -2,533.41 -136.12

HKSE:06878 vs V, MA, AXP: EBIT Comparison

For the Credit Services subindustry, Differ Group Auto'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.


Differ Group Auto EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Differ Group Auto's EV-to-EBIT distribution charts can be found below:

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


HKSE:06878
4GF Score
Differ Group Auto Ltd HKSE:06878
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Differ Group Auto 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$-2,670 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$-2,670 Mil mean?
Differ Group Auto (HKSE:06878) has a EBIT of HK$-2,670 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Differ Group Auto.
Is Differ Group Auto's EBIT too high?
Differ Group Auto's current EBIT is HK$-2,670 Mil. Overall, Differ Group Auto has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Differ Group Auto's EBIT compare to V and MA?
Differ Group Auto's EBIT of HK$-2,670 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Credit Services company?
A good EBIT depends on the Credit Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Differ Group Auto. Differ Group Auto's current EBIT is HK$-2,670 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Differ Group Auto stock overvalued right now?
Differ Group Auto (HKSE:06878) has a current EBIT of HK$-2,670 Mil. The current EBIT is HK$-2,670 Mil. Differ Group Auto's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Differ Group Auto (HKSE:06878), the current EBIT is HK$-2,670 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Differ Group Auto Business Description

Address No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Company Limited, is a China-based investment holding company. The Company conducts its businesses primarily through four segments. The Financial Services segment is principally engaged in the provision of guarantee services, express loan services, advisory services, financial leasing services, financial securities services and asset management. The Property Development and Investment segment is principally engaged in the operation of property development projects and property investment activities. The Commodity Trading segment is mainly engaged in the trading of commodities. The Automotive E-commerce segment is principally engaged in the operation of online automotive e-commerce platforms.
4GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.04
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