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Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) EBIT : kr0.33 Mil (TTM As of Dec. 2024)


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What is Nordic Asia Investment Group 1987 AB EBIT?

Nordic Asia Investment Group 1987 AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was kr-4.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr0.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nordic Asia Investment Group 1987 AB's annualized ROC % for the quarter that ended in Dec. 2024 was -13.56%. Nordic Asia Investment Group 1987 AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -9,595.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nordic Asia Investment Group 1987 AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.44%.


Nordic Asia Investment Group 1987 AB EBIT Historical Data

The historical data trend for Nordic Asia Investment Group 1987 AB'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.

Nordic Asia Investment Group 1987 AB EBIT Chart

Nordic Asia Investment Group 1987 AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
0.45 -23.90 -36.75 -78.67 0.30

Nordic Asia Investment Group 1987 AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -34.37 5.69 -13.97 12.65 -4.03

Competitive Comparison of Nordic Asia Investment Group 1987 AB's EBIT

For the Asset Management subindustry, Nordic Asia Investment Group 1987 AB'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.


Nordic Asia Investment Group 1987 AB's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nordic Asia Investment Group 1987 AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nordic Asia Investment Group 1987 AB's EV-to-EBIT falls into.


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Nordic Asia Investment Group 1987 AB 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.33 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.


Nordic Asia Investment Group 1987 AB  (OSTO:NAIG B) EBIT Explanation

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

Nordic Asia Investment Group 1987 AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-16.232 * ( 1 - 0.2% )/( (120.416 + 118.484)/ 2 )
=-16.199536/119.45
=-13.56 %

where

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

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

Nordic Asia Investment Group 1987 AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.12/( ( (0.02 + max(0.298, 0)) + (0.018 + max(-0.638, 0)) )/ 2 )
=-16.12/( ( 0.318 + 0.018 )/ 2 )
=-16.12/0.168
=-9,595.24 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.6) - (0 + 0 + 0.302)
=0.298

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.417) - (0 + 0 + 1.055)
=-0.638

When net working capital is negative, 0 is used.

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

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

Nordic Asia Investment Group 1987 AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=0.331/75.508
=0.44 %

* 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.


Nordic Asia Investment Group 1987 AB EBIT Related Terms

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Nordic Asia Investment Group 1987 AB Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 11 6tr, Stockholm, SWE, 114 39
Nordic Asia Investment Group 1987 AB is an investment company with a focus on long-term and strategic shareholding in market Chinese companies with exposure to the domestic consumer market in China.

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