GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sinofortune Financial Holdings Ltd (HKSE:08123) » Definitions » EBIT

Sinofortune Financial Holdings (HKSE:08123) EBIT : HK$-13.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Sinofortune Financial Holdings EBIT?

Sinofortune Financial Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was HK$5.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-13.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinofortune Financial Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 20.43%. Sinofortune Financial Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 98.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinofortune Financial Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.33%.


Sinofortune Financial Holdings EBIT Historical Data

The historical data trend for Sinofortune Financial 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.

Sinofortune Financial Holdings EBIT Chart

Sinofortune Financial Holdings 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 -123.93 -41.54 -32.03 -29.62 -13.24

Sinofortune Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -14.14 -7.26 -5.10 -6.60 5.72

Competitive Comparison of Sinofortune Financial Holdings's EBIT

For the Capital Markets subindustry, Sinofortune Financial 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.


Sinofortune Financial Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sinofortune Financial Holdings's EV-to-EBIT distribution charts can be found below:

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



Sinofortune Financial 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-13.2 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.


Sinofortune Financial Holdings  (HKSE:08123) EBIT Explanation

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

Sinofortune Financial Holdings'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=39.392 * ( 1 - -3.72% )/( (0 + 199.967)/ 1 )
=40.8573824/199.967
=20.43 %

where

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

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

Sinofortune Financial Holdings'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22.888/( ( (0 + max(0, 0)) + (23.334 + max(-87.179, 0)) )/ 1 )
=22.888/( ( 0 + 23.334 )/ 1 )
=22.888/23.334
=98.09 %

where Working Capital is:

Working Capital(Q: Sep. 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.34 + 0.038 + 5.276) - (8.05 + 0 + 84.783)
=-87.179

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-13.244/72.256
=-18.33 %

* 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.


Sinofortune Financial Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Sinofortune Financial Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinofortune Financial Holdings (HKSE:08123) Business Description

Traded in Other Exchanges
N/A
Address
No. 64-66 Connaught Road, 16th Floor, CMA Building, Central, Hong Kong, HKG
Sinofortune Financial Holdings Ltd along with its subsidiaries is an integrated financial service and parallel-imported motor vehicles supplier in Hong Kong and the People's Republic of China. The Group is engaged in the provision of securities and futures contracts trading services in Hong Kong, trading of listed securities in Hong Kong, and sales of motor vehicles, provision of agency services and accessories sourcing in the PRC.
Executives
Wang Jiawei 2101 Beneficial owner

Sinofortune Financial Holdings (HKSE:08123) Headlines

No Headlines