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KRFG (King Resources) EBIT : $1.98 Mil (TTM As of Sep. 2024)


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What is King Resources EBIT?

King Resources's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $2.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $1.98 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. King Resources's annualized ROC % for the quarter that ended in Sep. 2024 was -21.40%. King Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 499,600.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. King Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 166.75%.


King Resources EBIT Historical Data

The historical data trend for King Resources'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.

King Resources EBIT Chart

King Resources Annual Data
Trend Oct99 Oct00 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial -0.28 -0.13 -0.06 -1.01 -0.61

King Resources Quarterly Data
Oct00 Jan01 Apr01 Jul01 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.21 -0.03 -0.33 -0.16 2.50

Competitive Comparison of King Resources's EBIT

For the Electrical Equipment & Parts subindustry, King Resources'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.


King Resources's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Resources's EV-to-EBIT distribution charts can be found below:

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



King Resources 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.98 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.


King Resources  (OTCPK:KRFG) EBIT Explanation

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

King Resources's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.064 * ( 1 - 0% )/( (0.299 + 0)/ 1 )
=-0.064/0.299
=-21.40 %

where

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

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

King Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.992/( ( (0.002 + max(-3.255, 0)) + (0 + max(-0.695, 0)) )/ 1 )
=9.992/( ( 0.002 + 0 )/ 1 )
=9.992/0.002
=499,600.00 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.081) - (3.048 + 0.288 + 0)
=-3.255

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.695 + 0 + 0)
=-0.695

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

King Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1.976/1.185
=166.75 %

* 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.


King Resources EBIT Related Terms

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King Resources Business Description

Traded in Other Exchanges
N/A
Address
26-28 Au Pui Wan Street, Unit 1813, 18th Floor, Fo Tan Industrial Centre, Fo Tan, Hong Kong, HKG
King Resources Inc is engaged in the development of smart power supply solutions and products in Hong Kong. The company focuses on research and development solutions, sales of own brand smart power supply products and development of IoT products across the smart home, smart office and smart fitness ecosystem.
Executives
Lo Mei Fan Pauline director UNIT 1813, 18/F, FO TAN INDUSTRIAL CTR, 26-28 AU PUI WAN STREET, FO TAN K3 00000
Wong Kan Tat Frederick director UNIT 1813, 18/F, FO TAN INDUSTRIAL CTR, 26-28 AU PUI WAN STREET, FO TAN K3 00000
Ping Kee Lau director, officer: CFO and Director FLAT C5, 26/F, TML TOWER, 3 HOI SHING ROAD, TSUEN WAN, NT K3 00000
Silver Bloom Properties Ltd 10 percent owner UNIT 1813,18/F, FO TAN INDUSTRIAL CENTRE, 26-28 AU PUI WANT STREET, FO TAN K3 00000
Wah Fu director, 10 percent owner, officer: CEO, Secretary and Director UNIT 1813,18/F, FO TAN INDUSTRIAL CENTRE, 26-28 AU PUI WAN STREET, FO TAN K3 00000