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Joy Spreader Group (HKSE:06988) EBIT : HK$-963 Mil (TTM As of Jun. 2024)


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What is Joy Spreader Group EBIT?

Joy Spreader Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-366 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-963 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Joy Spreader Group's annualized ROC % for the quarter that ended in Jun. 2024 was -55.66%. Joy Spreader Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -70.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Joy Spreader Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1,864.41%.


Joy Spreader Group EBIT Historical Data

The historical data trend for Joy Spreader 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.

Joy Spreader Group EBIT Chart

Joy Spreader Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 80.13 134.32 242.73 -330.11 -790.80

Joy Spreader Group Semi-Annual Data
Dec17 Dec18 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 73.62 -403.73 -193.63 -597.17 -366.19

Competitive Comparison of Joy Spreader Group's EBIT

For the Advertising Agencies subindustry, Joy Spreader 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.


Joy Spreader Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Joy Spreader Group's EV-to-EBIT distribution charts can be found below:

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



Joy Spreader 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$-963 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.


Joy Spreader Group  (HKSE:06988) EBIT Explanation

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

Joy Spreader 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 )
=-650.38 * ( 1 - -0.02% )/( (1339.656 + 997.962)/ 2 )
=-650.510076/1168.809
=-55.66 %

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))
=1868.777 - 201.157 - ( 327.964 - max(0, 220.236 - 1707.921+327.964))
=1339.656

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))
=1434.266 - 161.496 - ( 274.808 - max(0, 222.372 - 1294.865+274.808))
=997.962

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:

Joy Spreader 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 )
=-732.37/( ( (95.101 + max(1169.862, 0)) + (74.598 + max(738.836, 0)) )/ 2 )
=-732.37/( ( 1264.963 + 813.434 )/ 2 )
=-732.37/1039.1985
=-70.47 %

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)
=(723.832 + 108.681 + 542.92) - (201.157 + 0 + 4.414)
=1169.862

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.42 + 0 + 795.374) - (161.496 + 0 + 51.462)
=738.836

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-963.359/-51.671
=1,864.41 %

* 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.


Joy Spreader Group EBIT Related Terms

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Joy Spreader Group Business Description

Traded in Other Exchanges
Address
Zone A, Building T18, Jiuxianqiao Diantong Creative Park, Chaoyang District, Beijing, CHN
Joy Spreader Group Inc is a mobile new media performance-based marketing technology company in China. The company's segments include the Provision of performance-based we-media marketing services segment which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders, and realize product promotion on a diverse we-media network; and the Sales of E-commerce goods segment which comprises the sales of E-commerce goods on an online basis. The Others segment comprises the provision of the culture related services. It derives maximum revenue from Sale of E-commerce goods. The company operates in Mainland China and Hong Kong.
Executives
Zhu Zinan 2201 Interest of corporation controlled by you
Lv Xueqiang 2201 Interest of corporation controlled by you
Nan Jing Ping Heng Zi Ben Guan Li Zhong Xin Pu Tong He Huo 2201 Interest of corporation controlled by you
Zzn. Ltd. 2101 Beneficial owner
Zheng Weihe 2201 Interest of corporation controlled by you
Nt Balance Capital Ltd. 2101 Beneficial owner
Huang Li 2201 Interest of corporation controlled by you
Shen Zhen Tong Chuang Wei Ye Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Tong Chuang Wei Ye Chuang Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Ping Heng Zi Ben Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Nan Hai Cheng Zhang Tong Ying Gu Quan Tou Zi Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Tong Chuang Jin Xiu Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Tong Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Wei Yuan Hui 2201 Interest of corporation controlled by you
Nan Tong Shi Chan Ye Tou Zi Mu Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Tong Shi Cai Zheng Ju 2201 Interest of corporation controlled by you

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