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China Liberal Education Holdings (China Liberal Education Holdings) EBIT : $-3.53 Mil (TTM As of Dec. 2023)


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What is China Liberal Education Holdings EBIT?

China Liberal Education Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-4.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Liberal Education Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -3.17%. China Liberal Education Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -168.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Liberal Education Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.55%.


China Liberal Education Holdings EBIT Historical Data

The historical data trend for China Liberal Education 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.

China Liberal Education Holdings EBIT Chart

China Liberal Education Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 0.52 1.44 -0.95 -1.68 -3.53

China Liberal Education Holdings Semi-Annual Data
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 -1.25 1.50 -3.19 0.50 -4.03

Competitive Comparison of China Liberal Education Holdings's EBIT

For the Education & Training Services subindustry, China Liberal Education 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.


China Liberal Education Holdings's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Liberal Education Holdings's EV-to-EBIT distribution charts can be found below:

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



China Liberal Education 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 $-3.53 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.


China Liberal Education Holdings  (NAS:CLEU) EBIT Explanation

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

China Liberal Education 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 )
=-2.128 * ( 1 - 0% )/( (86.045 + 48.129)/ 2 )
=-2.128/67.087
=-3.17 %

where

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:

China Liberal Education 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 )
=-8.06/( ( (8.762 + max(-9.689, 0)) + (0.108 + max(0.70899999999999, 0)) )/ 2 )
=-8.06/( ( 8.762 + 0.81699999999999 )/ 2 )
=-8.06/4.7895
=-168.28 %

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)
=(0.646 + 0.181 + 0.422) - (10.937 + 0 + 0.0010000000000012)
=-9.689

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.453 + 0.167 + 3.636) - (4.334 + 0.212 + 0.0010000000000003)
=0.70899999999999

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.532/-15.001
=23.55 %

* 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.


China Liberal Education Holdings EBIT Related Terms

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China Liberal Education Holdings (China Liberal Education Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. A1 Chaoqian Road, Room 805, Block 15, Science and Technology Park, Changping District, Beijing, CHN, 102200
China Liberal Education Holdings Ltd is an educational service provider operating in China. The company's operating segment includes Sino-foreign Jointly Managed Academic Programs, textbooks and course material sales, Overseas Study Consulting Services, Technological Consulting Services for Smart Campus Solutions and Tailored Job Readiness Training Services. Geographically, it derives revenue from China.