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Futian Holdings (HKSE:08196) EBIT : HK$3.3 Mil (TTM As of Jun. 2024)


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What is Futian Holdings EBIT?

Futian 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$3.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Futian Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. Futian 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. Futian Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.15%.


Futian Holdings EBIT Historical Data

The historical data trend for Futian 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.

Futian Holdings EBIT Chart

Futian 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 -28.24 -121.34 -17.65 -10.98 3.42

Futian Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -0.83 12.06 6.15 -14.11 -

Competitive Comparison of Futian Holdings's EBIT

For the Waste Management subindustry, Futian 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.


Futian Holdings's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Futian Holdings's EV-to-EBIT distribution charts can be found below:

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


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Futian 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$3.3 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.


Futian Holdings  (HKSE:08196) EBIT Explanation

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

Futian 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% )/( (107.013 + 75.16)/ 2 )
=0/91.0865
=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))
=289.076 - 170.547 - ( 58.364 - max(0, 200.939 - 212.455+58.364))
=107.013

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

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

Futian 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/( ( (7.889 + max(-75.352, 0)) + (7.511 + max(-71.131, 0)) )/ 2 )
=0/( ( 7.889 + 7.511 )/ 2 )
=0/7.7
=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)
=(121.287 + 0 + 4.227) - (170.547 + 0 + 30.319)
=-75.352

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.868 + 0.069 + 4.306) - (180.374 + 0 + 0)
=-71.131

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3.265/-35.682
=-9.15 %

* 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.


Futian Holdings EBIT Related Terms

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Futian Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Keyan Road, Science City, High-tech Industrial Development Zone, Guangzhou, CHN
Futian Holdings Ltd is engaged in the environmental protection business. It focuses on offering engineering services for wastewater and drinking water treatment facilities through various business segments which include Engineering, procurement, and construction projects; Construction projects; Equipment projects; Service concession arrangements, and Others. It derives key revenue from the Equipment Projects segment which comprises projects in which the company is engaged by a customer for procurement of necessary materials, equipment, and machinery, installation, testing, and commissioning of the equipment and machinery for the treatment facilities. Its geographic regions are Hong Kong, China, and Vietnam.
Executives
Able Talent Asia Limited 2101 Beneficial owner
Direct Profit Enterprises Limited 2101 Beneficial owner
Xie Yang 2201 Interest of corporation controlled by you
Oceanic Expert Investments Limited 2101 Beneficial owner
Perfect Wave Holdings Limited 2201 Interest of corporation controlled by you
Song Xiao Xing 2201 Interest of corporation controlled by you
Zhao Yanwei 2101 Beneficial owner
Hu Hanning 2202 Interest of your spouse
Keen Leap Investments Limited 2201 Interest of corporation controlled by you
Zhang Yao 2201 Interest of corporation controlled by you
Acute Capital Investments Limited 2201 Interest of corporation controlled by you
Woody Industrial Limited 2101 Beneficial owner
Yang Chen Kuo 2201 Interest of corporation controlled by you

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