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Leading Holdings Group (HKSE:06999) EBIT : HK$172 Mil (TTM As of Dec. 2023)


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What is Leading Holdings Group EBIT?

Leading Holdings Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-114 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$172 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leading Holdings Group's annualized ROC % for the quarter that ended in Dec. 2023 was 3.77%. Leading Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -64.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leading Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.57%.


Leading Holdings Group EBIT Historical Data

The historical data trend for Leading Holdings 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.

Leading Holdings Group EBIT Chart

Leading Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 1,511.50 2,753.64 1,875.08 -4,510.21 171.77

Leading Holdings Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1,201.29 418.84 -4,909.22 286.08 -114.31

Competitive Comparison of Leading Holdings Group's EBIT

For the Real Estate - Development subindustry, Leading Holdings 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.


Leading Holdings Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leading Holdings Group's EV-to-EBIT distribution charts can be found below:

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



Leading Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$172 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.


Leading Holdings Group  (HKSE:06999) EBIT Explanation

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

Leading Holdings Group'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 )
=298.3 * ( 1 - -302.08% )/( (38240.868 + 25413.121)/ 2 )
=1199.40464/31826.9945
=3.77 %

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))
=55468.675 - 14787.911 - ( 2439.896 - max(0, 45241.91 - 49128.819+2439.896))
=38240.868

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))
=37239.639 - 11749.519 - ( 1435.327 - max(0, 31511.017 - 31588.016+1435.327))
=25413.121

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:

Leading Holdings Group'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 )
=-228.618/( ( (218.3 + max(-1379.142, 0)) + (328.13 + max(162.804, 0)) )/ 2 )
=-228.618/( ( 218.3 + 490.934 )/ 2 )
=-228.618/354.617
=-64.47 %

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)
=(47.088 + 37564.529 + 2456.974) - (14787.911 + 0 + 26659.822)
=-1379.142

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.208 + 23131.267 + 3085.61) - (11749.519 + 0 + 14349.762)
=162.804

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=171.77/6674.524
=2.57 %

* 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.


Leading Holdings Group EBIT Related Terms

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Leading Holdings Group (HKSE:06999) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN
Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.
Executives
Liu Yuhui 2201 Interest of corporation controlled by you
Chen Ao Ao 2202 Interest of your spouse
Hou Sanli 2201 Interest of corporation controlled by you
Lan Tian 2202 Interest of your spouse
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Liu Shan 2202 Interest of your spouse
Liu Yuqi 2202 Interest of your spouse
Long Yiqin 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Yue Lai Investment Limited 2101 Beneficial owner
Ling Yue Capital Holding Limited 2101 Beneficial owner
Yuan Di Capital Limited 2101 Beneficial owner

Leading Holdings Group (HKSE:06999) Headlines

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