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Huayi Brothers Media (SZSE:300027) EBIT : ¥-416.8 Mil (TTM As of Mar. 2024)


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What is Huayi Brothers Media EBIT?

Huayi Brothers Media's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥5.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-416.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huayi Brothers Media's annualized ROC % for the quarter that ended in Mar. 2024 was -1.28%. Huayi Brothers Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huayi Brothers Media's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.48%.


Huayi Brothers Media EBIT Historical Data

The historical data trend for Huayi Brothers Media'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.

Huayi Brothers Media EBIT Chart

Huayi Brothers Media 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 -3,450.96 -796.06 21.83 -792.03 -380.89

Huayi Brothers Media 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 40.97 -115.82 -105.55 -200.49 5.10

Competitive Comparison of Huayi Brothers Media's EBIT

For the Entertainment subindustry, Huayi Brothers Media'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.


Huayi Brothers Media's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huayi Brothers Media's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Huayi Brothers Media's EV-to-EBIT falls into.



Huayi Brothers Media 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 ¥-416.8 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.


Huayi Brothers Media  (SZSE:300027) EBIT Explanation

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

Huayi Brothers Media'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 )
=-42.764 * ( 1 - -15.98% )/( (3934.604 + 3829.582)/ 2 )
=-49.5976872/3882.093
=-1.28 %

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))
=4042.207 - 1095.487 - ( 239.374 - max(0, 2252.578 - 1264.694+239.374))
=3934.604

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))
=3949.098 - 1080.121 - ( 276.777 - max(0, 2181.81 - 1221.205+276.777))
=3829.582

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

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

Huayi Brothers Media'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 )
=20.392/( ( (558.765 + max(-467.713, 0)) + (541.164 + max(-560.979, 0)) )/ 2 )
=20.392/( ( 558.765 + 541.164 )/ 2 )
=20.392/549.9645
=3.71 %

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)
=(291.498 + 229.743 + 342.394) - (1095.487 + 0 + 235.861)
=-467.713

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(218.416 + 228.845 + 341.443) - (1080.121 + 0 + 269.562)
=-560.979

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:

Huayi Brothers Media's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-416.758/6434.377
=-6.48 %

* 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.


Huayi Brothers Media EBIT Related Terms

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Huayi Brothers Media (SZSE:300027) Business Description

Traded in Other Exchanges
N/A
Address
Beijing Xinyuan South Road, 2nd Huayi Brothers office building, Chaoyang District, Beijing, CHN, 100027
Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others.
Executives
Wang Zhong Jun Director
Wang Zhong Lei Directors, executives
Liu Tao Executives
Yu Feng Director
Hu Ming Directors, Directors, and Executives
Ma Yun Director
Xue Gui Zhi Supervisors
Xu Jia Executives, securities affairs representatives
Liu Xiao Mei Director
Zhao Ying Supervisors
Supervisors

Huayi Brothers Media (SZSE:300027) Headlines

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