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Luk Fook Holdings (International) (Luk Fook Holdings (International)) EBIT : $246 Mil (TTM As of Sep. 2023)


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What is Luk Fook Holdings (International) EBIT?

Luk Fook Holdings (International)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $148 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $246 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luk Fook Holdings (International)'s annualized ROC % for the quarter that ended in Sep. 2023 was 14.68%. Luk Fook Holdings (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Luk Fook Holdings (International)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 20.84%.


Luk Fook Holdings (International) EBIT Historical Data

The historical data trend for Luk Fook Holdings (International)'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.

Luk Fook Holdings (International) EBIT Chart

Luk Fook Holdings (International) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 234.50 148.63 165.39 218.17 202.09

Luk Fook Holdings (International) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 105.05 113.69 103.64 98.44 147.50

Competitive Comparison of Luk Fook Holdings (International)'s EBIT

For the Luxury Goods subindustry, Luk Fook Holdings (International)'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.


Luk Fook Holdings (International)'s EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Luk Fook Holdings (International)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Luk Fook Holdings (International)'s EV-to-EBIT falls into.



Luk Fook Holdings (International) 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 semi-annually data reported by the company within the most recent 12 months, which was $246 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.


Luk Fook Holdings (International)  (OTCPK:LKFLF) EBIT Explanation

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

Luk Fook Holdings (International)'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: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=273.632 * ( 1 - 17.13% )/( (1429.578 + 1658.866)/ 2 )
=226.7588384/1544.222
=14.68 %

where

Invested Capital(Q: Mar. 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))
=1902.035 - 173.344 - ( 299.113 - max(0, 314.247 - 1525.463+299.113))
=1429.578

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))
=2041.179 - 94.405 - ( 287.908 - max(0, 406.496 - 1590.963+287.908))
=1658.866

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Luk Fook Holdings (International)'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: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=295.006/( ( (202.405 + max(1002.894, 0)) + (286.592 + max(1056.982, 0)) )/ 2 )
=295.006/( ( 1205.299 + 1343.574 )/ 2 )
=295.006/1274.4365
=23.15 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.243 + 1127.908 + 71.198) - (173.344 + 0 + 50.111)
=1002.894

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.921 + 1205.543 + 60.678) - (94.405 + 0 + 138.755)
=1056.982

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=245.947/1180.181
=20.84 %

* 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.


Luk Fook Holdings (International) EBIT Related Terms

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Luk Fook Holdings (International) (Luk Fook Holdings (International)) Business Description

Traded in Other Exchanges
Address
No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG
Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.