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Digital China Holdings (HKSE:00861) EBIT : HK$-1,664 Mil (TTM As of Dec. 2023)


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What is Digital China Holdings EBIT?

Digital China Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-1,847 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,664 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital China Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 9.77%. Digital China Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -377.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digital China Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.41%.


Digital China Holdings EBIT Historical Data

The historical data trend for Digital China 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.

Digital China Holdings EBIT Chart

Digital China Holdings 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 773.92 1,294.06 1,312.36 694.73 -1,663.93

Digital China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 907.87 414.27 300.07 183.44 -1,847.37

Competitive Comparison of Digital China Holdings's EBIT

For the Conglomerates subindustry, Digital China 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.


Digital China Holdings's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digital China Holdings's EV-to-EBIT distribution charts can be found below:

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



Digital China 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,664 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.


Digital China Holdings  (HKSE:00861) EBIT Explanation

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

Digital China Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1663.178 * ( 1 - -1.98% )/( (18792.822 + 15916.08)/ 2 )
=1696.1089244/17354.451
=9.77 %

where

Invested Capital(Q: Jun. 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))
=26038.372 - 4877.138 - ( 2368.412 - max(0, 8947.539 - 13970.844+2368.412))
=18792.822

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))
=24937.954 - 5517.799 - ( 3504.075 - max(0, 10041.802 - 15041.768+3504.075))
=15916.08

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Digital China Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3694.742/( ( (972.568 + max(-1309.865, 0)) + (985.63 + max(-2235.043, 0)) )/ 2 )
=-3694.742/( ( 972.568 + 985.63 )/ 2 )
=-3694.742/979.099
=-377.36 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3862.857 + 1392.417 + 701.322) - (4877.138 + 0 + 2389.323)
=-1309.865

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4407.371 + 897.148 + 902.308) - (5517.799 + 0 + 2924.071)
=-2235.043

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1663.934/5857.693
=-28.41 %

* 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.


Digital China Holdings EBIT Related Terms

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Digital China Holdings (HKSE:00861) Business Description

Traded in Other Exchanges
Address
77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.
Executives
Dragon City International Investment Limited 2101 Beneficial owner
Guo Wei 2201 Interest of corporation controlled by you
Huang Shaokang 2202 Interest of your spouse
Yip Chi Yu 2201 Interest of corporation controlled by you
Law Debenture Trust 2301 Trustee
Guo Wei 2201 Interest of corporation controlled by you
Kosalaki Investments Limited 2101 Beneficial owner
Guang Zhou Guang Dian Yun Tong Jin Rong Dian Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Wu Xian Dian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Tou Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Cheng Tou Jia Peng Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Cheng Tou Jia Zi Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Allianz Se 2201 Interest of corporation controlled by you

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