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Lai Fung Holdings (Lai Fung Holdings) EBIT : $31.21 Mil (TTM As of Jan. 2024)


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What is Lai Fung Holdings EBIT?

Lai Fung Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was $42.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $31.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lai Fung Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was -14.64%. Lai Fung Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 13.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lai Fung Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 11.80%.


Lai Fung Holdings EBIT Historical Data

The historical data trend for Lai Fung 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.

Lai Fung Holdings EBIT Chart

Lai Fung Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.56 -122.58 15.85 79.65 9.21

Lai Fung Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 41.43 38.53 20.04 -10.84 42.05

Competitive Comparison of Lai Fung Holdings's EBIT

For the Real Estate - Development subindustry, Lai Fung 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.


Lai Fung Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lai Fung Holdings's EV-to-EBIT distribution charts can be found below:

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



Lai Fung 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $31.21 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.


Lai Fung Holdings  (OTCPK:LNGHY) EBIT Explanation

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

Lai Fung Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=120.022 * ( 1 - 519.27% )/( (3548.817 + 3327.496)/ 2 )
=-503.2162394/3438.1565
=-14.64 %

where

Invested Capital(Q: Jul. 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))
=3853.544 - 93.761 - ( 210.966 - max(0, 539.74 - 909.792+210.966))
=3548.817

Invested Capital(Q: Jan. 2024 )
=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))
=3730.913 - 250.695 - ( 152.722 - max(0, 383.278 - 811.009+152.722))
=3327.496

Note: The Operating Income data used here is two times the semi-annual (Jan. 2024) data.

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

Lai Fung Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=84.092/( ( (295.024 + max(262.667, 0)) + (351.782 + max(369.065, 0)) )/ 2 )
=84.092/( ( 557.691 + 720.847 )/ 2 )
=84.092/639.269
=13.15 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.058 + 511.002 + 126.684) - (93.761 + 0 + 298.316)
=262.667

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.574 + 456.346 + 140.367) - (250.695 + 0 + 38.527)
=369.065

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=31.207/264.378
=11.80 %

* 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.


Lai Fung Holdings EBIT Related Terms

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Lai Fung Holdings (Lai Fung Holdings) Business Description

Traded in Other Exchanges
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.

Lai Fung Holdings (Lai Fung Holdings) Headlines

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