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Guangzhou Holike Creative Home Co (SHSE:603898) EBIT : ¥266 Mil (TTM As of Mar. 2024)


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What is Guangzhou Holike Creative Home Co EBIT?

Guangzhou Holike Creative Home Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥266 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangzhou Holike Creative Home Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.38%. Guangzhou Holike Creative Home Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangzhou Holike Creative Home Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.24%.


Guangzhou Holike Creative Home Co EBIT Historical Data

The historical data trend for Guangzhou Holike Creative Home Co'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.

Guangzhou Holike Creative Home Co EBIT Chart

Guangzhou Holike Creative Home Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 426.88 340.84 42.51 553.21 266.18

Guangzhou Holike Creative Home Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.78 91.68 118.12 35.60 20.16

Competitive Comparison of Guangzhou Holike Creative Home Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Guangzhou Holike Creative Home Co'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.


Guangzhou Holike Creative Home Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangzhou Holike Creative Home Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangzhou Holike Creative Home Co's EV-to-EBIT falls into.



Guangzhou Holike Creative Home Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥266 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.


Guangzhou Holike Creative Home Co  (SHSE:603898) EBIT Explanation

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

Guangzhou Holike Creative Home Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=49.02 * ( 1 - -24.35% )/( (2594.989 + 2520.71)/ 2 )
=60.95637/2557.8495
=2.38 %

where

Invested Capital(Q: Dec. 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))
=4553.266 - 392.382 - ( 1752.069 - max(0, 641.38 - 2207.275+1752.069))
=2594.989

Invested Capital(Q: Mar. 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))
=4384.739 - 262.433 - ( 1601.596 - max(0, 450.646 - 2059.169+1601.596))
=2520.71

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

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

Guangzhou Holike Creative Home Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=80.628/( ( (1471.698 + max(-178.541, 0)) + (1428.621 + max(14.803, 0)) )/ 2 )
=80.628/( ( 1471.698 + 1443.424 )/ 2 )
=80.628/1457.561
=5.53 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.001 + 239.073 + 31.39) - (392.382 + 0 + 223.623)
=-178.541

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.982 + 242.596 + 25.406) - (262.433 + 0 + 162.748)
=14.803

When net working capital is negative, 0 is used.

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

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

Guangzhou Holike Creative Home Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=265.558/1540.187
=17.24 %

* 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.


Guangzhou Holike Creative Home Co EBIT Related Terms

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Guangzhou Holike Creative Home Co (SHSE:603898) Business Description

Traded in Other Exchanges
N/A
Address
Cyberport, No. 20 Keyun Road, 3rd Floor, Tianhe District, Guangzhou, CHN
Guangzhou Holike Creative Home Co Ltd is engaged in research and development, design, production and sales of panel furniture, synchronous development and sales of finished furniture and soft furnishings.
Executives
Shen Han Biao Director
Lin Chang Sheng senior management
Deng Tao senior management
Zhou Yi senior management

Guangzhou Holike Creative Home Co (SHSE:603898) Headlines

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