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Harbour Equine Holdings (HKSE:08377) EBIT : HK$-41.56 Mil (TTM As of Jun. 2024)


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What is Harbour Equine Holdings EBIT?

Harbour Equine Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-41.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harbour Equine Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. Harbour Equine 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. Harbour Equine Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -42.00%.


Harbour Equine Holdings EBIT Historical Data

The historical data trend for Harbour Equine 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.

Harbour Equine Holdings EBIT Chart

Harbour Equine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -15.34 -15.23 -26.58 -20.27 -41.56

Harbour Equine 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 -5.81 -8.79 -4.44 -22.51 -

Competitive Comparison of Harbour Equine Holdings's EBIT

For the Textile Manufacturing subindustry, Harbour Equine 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.


Harbour Equine Holdings's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Harbour Equine Holdings's EV-to-EBIT distribution charts can be found below:

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



Harbour Equine 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$-41.56 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.


Harbour Equine Holdings  (HKSE:08377) EBIT Explanation

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

Harbour Equine 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% )/( (70.452 + 46.502)/ 2 )
=0/58.477
=0.00 %

where

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

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

Harbour Equine 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/( ( (5.929 + max(-0.092999999999993, 0)) + (1.548 + max(-4.801, 0)) )/ 2 )
=0/( ( 5.929 + 1.548 )/ 2 )
=0/3.7385
=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)
=(7.595 + 15.33 + 0.56100000000001) - (19.408 + 0 + 4.171)
=-0.092999999999993

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.53 + 7.053 + 5.531) - (23.596 + 0 + 1.319)
=-4.801

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-41.557/98.952
=-42.00 %

* 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.


Harbour Equine Holdings EBIT Related Terms

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Harbour Equine Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 386 Zeng Nan Road, Zeng Jiao Cun, Fang Cun, Liwan District, Guangzhou, CHN
Harbour Equine Holdings Ltd is a textile manufacturing company. It is engaged in the manufacturing and selling of sewing threads and board categories of garment accessories, provision of interior design, interior decoration, and furnishing services, and provision of trading of bloodstock, stallion services, and equine handling services, provision of securities, advising on corporate finance and assets management. It also offers other types of sewing threads, namely textured polyester series, elastic filament sewing threads, and weft yarn. Its segments are the manufacturing and selling of sewing threads, Interior design and decoration, Equine services, and Advising on securities, corporate finance, and asset management. It generates the majority of revenue from Hong Kong.
Executives
Three Gates Investment Limited 2101 Beneficial owner
Wong Kwok Wai Albert 2201 Interest of corporation controlled by you
Fung Wing Cheung Tony 2101 Beneficial owner
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you

Harbour Equine Holdings Headlines

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