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Chowngng Holdings International (HKSE:00116) EBIT : HK$1,487 Mil (TTM As of Dec. 2023)


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What is Chowngng Holdings International EBIT?

Chowngng Holdings International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$361 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,487 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chowngng Holdings International's annualized ROC % for the quarter that ended in Dec. 2023 was 3.39%. Chowngng Holdings International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chowngng Holdings International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.78%.


Chowngng Holdings International EBIT Historical Data

The historical data trend for Chowngng Holdings International'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.

Chowngng Holdings International EBIT Chart

Chowngng Holdings International 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 972.45 1,019.89 1,066.20 674.62 1,487.35

Chowngng Holdings International 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 308.89 665.13 9.50 1,126.36 360.99

Competitive Comparison of Chowngng Holdings International's EBIT

For the Luxury Goods subindustry, Chowngng Holdings International'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.


Chowngng Holdings International's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chowngng Holdings International's EV-to-EBIT distribution charts can be found below:

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



Chowngng Holdings International 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$1,487 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.


Chowngng Holdings International  (HKSE:00116) EBIT Explanation

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

Chowngng Holdings International'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 )
=753.788 * ( 1 - 23.52% )/( (16739.408 + 17298.416)/ 2 )
=576.4970624/17018.912
=3.39 %

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))
=18861.343 - 851.5 - ( 1270.435 - max(0, 5187.762 - 14797.319+1270.435))
=16739.408

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))
=19156.156 - 749.177 - ( 1108.563 - max(0, 5634.951 - 15273.243+1108.563))
=17298.416

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:

Chowngng Holdings International'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 )
=721.98/( ( (2295.7 + max(11797.128, 0)) + (2259.909 + max(13098.836, 0)) )/ 2 )
=721.98/( ( 14092.828 + 15358.745 )/ 2 )
=721.98/14725.7865
=4.90 %

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)
=(791.594 + 11850.854 + 6.4920000000002) - (851.5 + 0 + 0.3119999999999)
=11797.128

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(969.359 + 12256.832 + 853.76) - (749.177 + 0 + 231.938)
=13098.836

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1487.351/10064.409
=14.78 %

* 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.


Chowngng Holdings International EBIT Related Terms

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Chowngng Holdings International (HKSE:00116) Business Description

Traded in Other Exchanges
Address
229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG
Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operate retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Speed Star Holdings Limited 2101 Beneficial owner
Chow King Sing, Gerald 2201 Interest of corporation controlled by you
Chow Wun Sing, Winston 2307 Founder of a discretionary trust who can infl
Lok Mi Ling, Melane 2202 Interest of your spouse
Ho Ann Ping, Lily 2201 Interest of corporation controlled by you
Schroders Plc 2102 Investment manager
Schroders Plc 2102 Investment manager
Cititrust Private Trust (cayman) Limited 2301 Trustee

Chowngng Holdings International (HKSE:00116) Headlines

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