Kemiao Garment Holding Group (Kemiao Garment Holding Group) EBIT : $-0.06 Mil (TTM As of Sep. 2020)

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What is Kemiao Garment Holding Group EBIT?

Kemiao Garment Holding Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kemiao Garment Holding Group's annualized ROC % for the quarter that ended in Sep. 2020 was %. Kemiao Garment Holding Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kemiao Garment Holding Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -11.98%.

Kemiao Garment Holding Group EBIT Historical Data

The historical data trend for Kemiao Garment Holding Group'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.

Kemiao Garment Holding Group EBIT Chart

Kemiao Garment Holding Group Annual Data

Trend

Oct09

Dec10

Dec18

Dec19

EBIT

-0.02

13.13

9.25

-0.04

Kemiao Garment Holding Group Quarterly Data
	Jan09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
EBIT	Get a 7-Day Free Trial														-0.02	-0.02	-0.03	-	-0.01

Competitive Comparison of Kemiao Garment Holding Group's EBIT

For the Shell Companies subindustry, Kemiao Garment Holding Group'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.

Kemiao Garment Holding Group's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kemiao Garment Holding Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kemiao Garment Holding Group's EV-to-EBIT falls into.

Kemiao Garment Holding Group 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Kemiao Garment Holding Group (OTCPK:KMGH) EBIT Explanation

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

Kemiao Garment Holding Group's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

	ROC % (Q: Sep. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2020 )	+	Invested Capital (Q: Sep. 2020 ))	/ count )
=	-0.032 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.032	/	0
=	%

where

	Invested Capital		(Q: Jun. 2020 )
=	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	-	0.038	-	( 0	-	max(0, 0.038	-	0	+	0	))
=	0

	Invested Capital		(Q: Sep. 2020 )
=	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	-	0.046	-	( 0	-	max(0, 0.046	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data.

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

Kemiao Garment Holding Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2020		Q: Sep. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.032	/	( ( (0 + max(-0.038, 0))	+	(0 + max(-0.046, 0)) )	/	1 )
=	-0.032	/	( ( 0	+	0 )	/	1 )
=	-0.032	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.038	+	0	+	0)
=	-0.038

	Working Capital		(Q: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.046	+	0	+	0)
=	-0.046

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

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

Kemiao Garment Holding Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2020 )
	=	-0.06	/	0.501
	=	-11.98 %

Kemiao Garment Holding Group EBIT Related Terms

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Kemiao Garment Holding Group (Kemiao Garment Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kemiao Garment Holding Group (OTCPK:KMGH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

528 Pudong South Road, 16th Floor, North Tower, Shanghai, CHN, 200120

Website

http://www.aivtech.com

Kemiao Garment Holding Group is intending to engage in the business of technology integration and ecology.

Kemiao Garment Holding Group (Kemiao Garment Holding Group) Headlines

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