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Ling Yue Services Group (HKSE:02165) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Ling Yue Services Group Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ling Yue Services Group does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Ling Yue Services Group's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 6 years, the highest Price-to-Owner-Earnings ratio of Ling Yue Services Group was 2.98. The lowest was 0.73. And the median was 1.81.


HKSE:02165's Price-to-Owner-Earnings is not ranked *
in the Real Estate industry.
Industry Median: 10.15
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Ling Yue Services Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.22. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.40. It's PE Ratio (TTM) ratio for today is 2.99.

Ling Yue Services Group's EPS without NRI for the six months ended in Jun. 2024 was HK$0.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.42. It's PE Ratio without NRI ratio for today is 2.85.


Ling Yue Services Group Owner Earnings per Share (TTM) Historical Data

The historical data trend for Ling Yue Services Group's Owner Earnings per Share (TTM) 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.

Ling Yue Services Group Owner Earnings per Share (TTM) Chart

Ling Yue Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial - - - 0.26 0.87

Ling Yue Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.26 - 0.87 -

Competitive Comparison of Ling Yue Services Group's Owner Earnings per Share (TTM)

For the Real Estate Services subindustry, Ling Yue Services Group's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Ling Yue Services Group's Price-to-Owner-Earnings Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ling Yue Services Group's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Ling Yue Services Group's Price-to-Owner-Earnings falls into.



Ling Yue Services Group Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Ling Yue Services Group does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Ling Yue Services Group Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Ling Yue Services Group's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Ling Yue Services Group Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 44th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN, 610000
Ling Yue Services Group Ltd is a property management company. Its business covers residential property services, commercial property services, urban services, public construction services, and others. The Group's revenue is mainly derived from three core businesses namely property management services; value-added services to non-property owners; and community value-added services. The majority of revenue is derived from the property management services segment.
Executives
Hou Sanli 2201 Interest of corporation controlled by you
Liu Yuhui 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Long Yiqin 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Liu Yuqi 2202 Interest of your spouse
Hai Yue Holding Limited
Chen Aoao 2202 Interest of your spouse
Lan Tian 2202 Interest of your spouse
Liu Shan 2202 Interest of your spouse
Tianyue Holding Limited 2101 Beneficial owner
Linghui Holding Limited 2101 Beneficial owner
Yuelai Holding Limited 2101 Beneficial owner

Ling Yue Services Group Headlines

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