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V & V Technology Holdings (HKSE:08113) EBIT : HK$-2.1 Mil (TTM As of Jun. 2024)


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What is V & V Technology Holdings EBIT?

V & V Technology Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. V & V Technology Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. V & V Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. V & V Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.62%.


V & V Technology Holdings EBIT Historical Data

The historical data trend for V & V Technology Holdings'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.

V & V Technology Holdings EBIT Chart

V & V Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.12 -43.81 -60.67 12.27 6.57

V & V Technology Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 7.37 3.17 -5.25 - -

Competitive Comparison of V & V Technology Holdings's EBIT

For the Electronic Components subindustry, V & V Technology Holdings'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.


V & V Technology Holdings's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V & V Technology Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where V & V Technology Holdings's EV-to-EBIT falls into.


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V & V Technology Holdings 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 quarterly data reported by the company within the most recent 12 months, which was HK$-2.1 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.


V & V Technology Holdings  (HKSE:08113) EBIT Explanation

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

V & V Technology Holdings'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 )
=0 * ( 1 - 0% )/( (127.612 + 157.929)/ 2 )
=0/142.7705
=0.00 %

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))
=316.08 - 120.037 - ( 87.279 - max(0, 246.798 - 315.229+87.279))
=127.612

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))
=334.336 - 106.005 - ( 78.227 - max(0, 262.833 - 333.235+78.227))
=157.929

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

V & V Technology Holdings'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 )
=0/( ( (0.585 + max(84.422, 0)) + (0.835 + max(122.487, 0)) )/ 2 )
=0/( ( 85.007 + 123.322 )/ 2 )
=0/104.1645
=0.00 %

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)
=(104.05 + 109.58 + 0.072000000000003) - (120.037 + 0 + 9.243)
=84.422

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(132.025 + 98.998 + 0.13999999999999) - (106.005 + 0 + 2.671)
=122.487

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

V & V Technology Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.076/128.537
=-1.62 %

* 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.


V & V Technology Holdings EBIT Related Terms

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V & V Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 Lei Muk Road, 15 Floor, S.A.S. Tower, Kwai Chung, New Territories, Hong Kong, HKG
V & V Technology Holdings Ltd is engaged in the sale of electronic components like integrated circuit (IC) and panels for consumer electronic products such as mobile internet devices (MID), network communication system (NCS), multi-media player (car infotainment system), smartphone panel modules, set-top boxes (STB) and video image device tog. The company has one business segment that is Sale of electronics products with the provision of independent design house services. Geographically the group has a business presence in the PRC, Hong Kong, Taiwan, Korea and others, of which key revenue is derived from the PRC.
Executives
S.a.s. Dragon Holdings Limited 2501 Other
S.a.s. Investment Company Limited 2101 Beneficial owner
Unimicro Limited 2501 Other
Yim Yuk Lun, Stanley 2201 Interest of corporation controlled by you
Wei Wei 2101 Beneficial owner
Vertex Value Limited 2101 Beneficial owner
Victory Echo Holdings Limited 2101 Beneficial owner
Chang Wei Hua 2101 Beneficial owner

V & V Technology Holdings Headlines

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