TradeGo FinTech (HKSE:08017) EBIT : HK$20.28 Mil (TTM As of Sep. 2023)

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What is TradeGo FinTech EBIT?

TradeGo FinTech's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was HK$2.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$20.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TradeGo FinTech's annualized ROC % for the quarter that ended in Sep. 2023 was 8.85%. TradeGo FinTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 77.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TradeGo FinTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 58.19%.

TradeGo FinTech EBIT Historical Data

The historical data trend for TradeGo FinTech'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.

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TradeGo FinTech EBIT Chart

TradeGo FinTech Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

-16.79

13.46

22.04

25.55

30.14

TradeGo FinTech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															8.02	18.66	-7.47	7.00	2.10

Competitive Comparison of TradeGo FinTech's EBIT

For the Software - Infrastructure subindustry, TradeGo FinTech'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.

TradeGo FinTech's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, TradeGo FinTech's EV-to-EBIT distribution charts can be found below:

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

TradeGo FinTech 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$20.28 Mil.

TradeGo FinTech (HKSE:08017) EBIT Explanation

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

TradeGo FinTech's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	3.992 * ( 1 - 8.48% )	/	( (0	+	41.261)	/ 1 )
=	3.6534784	/	41.261
=	8.85 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 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	))
=	206.738	-	52.097	-	( 116.91	-	max(0, 65.647	-	179.027	+	116.91	))
=	41.261

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

TradeGo FinTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	8.408	/	( ( (0 + max(0, 0))	+	(10.786 + max(0.13399999999999, 0)) )	/	1 )
=	8.408	/	( ( 0	+	10.92 )	/	1 )
=	8.408	/	10.92
=	77.00 %

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)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.929	+	0	+	47.188)	-	(52.097	+	0	+	9.886)
=	0.13399999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

TradeGo FinTech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	20.281	/	34.856
	=	58.19 %

TradeGo FinTech EBIT Related Terms

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TradeGo FinTech (HKSE:08017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TradeGo FinTech Ltd (HKSE:08017) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.tradego8.com

TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.

Executives

Liao Jicheng	2101 Beneficial owner
Zhang Wenhua	2101 Beneficial owner
Ye Liqin	2202 Interest of your spouse
Lu Ximeng	2202 Interest of your spouse
Liu Xiaoming	2202 Interest of your spouse
Liu Yong	2401 A concert party to an agreement to buy shares
Chen Zhaoxia	2202 Interest of your spouse
Wan Yong	2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp	2101 Beneficial owner
Coast International Asset Management Limited	2102 Investment manager
Stand Tall International Limited	2201 Interest of corporation controlled by you
Xin Cheng International Limited	2101 Beneficial owner
Sbi China Capital Holdings Limited	2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited	2101 Beneficial owner
Probest Limited	2201 Interest of corporation controlled by you

TradeGo FinTech (HKSE:08017) Headlines

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