Min Fu International Holding (HKSE:08511) EBIT : HK$-23.95 Mil (TTM As of Sep. 2023)

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What is Min Fu International Holding EBIT?

Min Fu International Holding's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was HK$-0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-23.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Min Fu International Holding's annualized ROC % for the quarter that ended in Sep. 2023 was -11.26%. Min Fu International Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -13.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Min Fu International Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -159.93%.

Min Fu International Holding EBIT Historical Data

The historical data trend for Min Fu International Holding'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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Min Fu International Holding EBIT Chart

Min Fu International Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

9.02

6.20

-6.28

-9.07

-25.84

Min Fu International Holding 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															-5.47	-3.59	-13.05	-6.55	-0.76

Competitive Comparison of Min Fu International Holding's EBIT

For the Scientific & Technical Instruments subindustry, Min Fu International Holding'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.

Min Fu International Holding's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Min Fu International Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Min Fu International Holding's EV-to-EBIT falls into.

Min Fu International Holding 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$-23.95 Mil.

Min Fu International Holding (HKSE:08511) EBIT Explanation

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

Min Fu International Holding'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 )
=	-3.188 * ( 1 - -42.74% )	/	( (0	+	40.428)	/ 1 )
=	-4.5505512	/	40.428
=	-11.26 %

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	))
=	71.799	-	16.535	-	( 14.836	-	max(0, 26.724	-	51.846	+	14.836	))
=	40.428

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

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

Min Fu International Holding'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 )
=	-3.044	/	( ( (0 + max(0, 0))	+	(9.012 + max(14.297, 0)) )	/	1 )
=	-3.044	/	( ( 0	+	23.309 )	/	1 )
=	-3.044	/	23.309
=	-13.06 %

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)
=	(11.28	+	0	+	24.295)	-	(16.535	+	0	+	4.743)
=	14.297

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:

Min Fu International Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-23.946	/	14.973
	=	-159.93 %

Min Fu International Holding EBIT Related Terms

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Min Fu International Holding (HKSE:08511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Min Fu International Holding Ltd (HKSE:08511) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN

Website

http://www.minfuintl.com

Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.

Executives

Huang Minzhi	2101 Beneficial owner
Huang Minfu	2101 Beneficial owner
Ho Chun Kit Gregory	2201 Interest of corporation controlled by you
Tecway Technology Limited	2101 Beneficial owner
Ifg Swans Holding Ltd.	2101 Beneficial owner
Wu Di	2201 Interest of corporation controlled by you
Theia Vision Capital Limited	2101 Beneficial owner
Theia Vision Capital Limited	2101 Beneficial owner

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