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Sharing Economy International (Sharing Economy International) Earnings Yield (Joel Greenblatt) % : -38.91% (As of Dec. 2022)


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What is Sharing Economy International Earnings Yield (Joel Greenblatt) %?

Sharing Economy International's Enterprise Value for the quarter that ended in Dec. 2022 was $9.53 Mil. Sharing Economy International's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was $-3.71 Mil. Sharing Economy International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2022 was -38.91%.

The historical rank and industry rank for Sharing Economy International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SEII's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 1.26
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Sharing Economy International's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2022 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Sharing Economy International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Sharing Economy International's Earnings Yield (Joel Greenblatt) % 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.

Sharing Economy International Earnings Yield (Joel Greenblatt) % Chart

Sharing Economy International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,000.00 -4.77 -45.05 -37.74 -38.91

Sharing Economy International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Earnings Yield (Joel Greenblatt) % 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 -37.74 -23.20 -8.76 -36.76 -38.91

Competitive Comparison of Sharing Economy International's Earnings Yield (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Sharing Economy International's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


Sharing Economy International's Earnings Yield (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Sharing Economy International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sharing Economy International's Earnings Yield (Joel Greenblatt) % falls into.



Sharing Economy International Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Sharing Economy Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.708/9.5327216
=-38.90 %

Sharing Economy International's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.71 Mil.



Sharing Economy International  (OTCPK:SEII) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Sharing Economy International Earnings Yield (Joel Greenblatt) % Related Terms

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Sharing Economy International (Sharing Economy International) Business Description

Traded in Other Exchanges
N/A
Address
No.85 Castle Peak Road, Castle Peak Bay, Tuen Mun, N.T, Hong Kong, HKG
Sharing Economy International Inc is engaged in the development of sharing economy platforms and related rental businesses. Its digital platforms handle transactions that offer access over ownership through renting, lending, subscribing, reselling, swapping, or donating.
Executives
Chan Pak Hei Jefferson 10 percent owner, officer: Chief Executive Officer HOUSE 20 OF MERRY GARDEN, 628 POK WAI, YUEN LONG, HONG KONG K3 00000
Ecinteract Co Ltd 10 percent owner ROOM K, 2/F, BLOCK 4, GREENWOOD TERRACE, CHAI WAN K3 9999999999
Tin Chi Chan 10 percent owner VILLA CORNWALL, NO. 85 CASTLE PEAK ROAD, CASTLE PEAK BAY, NEW TERRITORIES K3 9999999999
Parkson Yip officer: Chief Operating Officer FLAT C5, 26F, TML TOWER, 3 HOI SHING ROAD, TSUEN WAN, NT K3 00000
Ysk 1860 Co., Ltd 10 percent owner CORNWALL CENTER, NO.85 CASTLE PEAK ROAD, COFFEE BAY, TUEN MUN, N.T. K3 00000
Yuen Deborah Wai Ming 10 percent owner CORNWALL CENTER, NO.85 CASTLE PEAK ROAD, COFFEE BAY, TUEN MUN, N.T. K3 00000
Ping Kee Lau director FLAT C5, 26/F, TML TOWER, 3 HOI SHING ROAD, TSUEN WAN, NT K3 00000
Adam C Wasserman officer: CFO 1643 ROYAL GROVE WAY, WESTON FL 33327
Ming Zhao director 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Jianhua Wu director, 10 percent owner, officer: CEO NO.9, MIDDLE YANYU ROAD, QIANZHOU TOWN, HUISHAN DISTRICT, WUXI, JIANGSU F4 000000
Fernando Liu officer: Chief Financial Officer BLDG 387, 2199 GUIDAI ROAD, MINHANG DISTRICT, SHANGHAI F4 201100
Tianxiang Zhou director 152 LIUTAN'ER VILLAGE, APT 501, BEITANG DISTRICT, WUXI F4 214046
Xuezhong Hua director C/O DENGXIANG, QIANZHOU TOWN, HUISHAN DISTRICT, WUXI JIANGSU F4 214181
Ying Teresa Zhang officer: Chief Financial Officer NO. 9 YANYU MIDDLE ROAD, QIANZHOU VILLAGE, HUISHAN DISTRICT, WUXI JIANGSU F4 214181
Megan J Penick director C/O PENICK & ASSOCIATES LLC, 300 CARROLL CLOSE, TARRYTOWN NY 10591