San Miguel Brewery Hong Kong (HKSE:00236) EBIT : HK$66.7 Mil (TTM As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is San Miguel Brewery Hong Kong EBIT?

San Miguel Brewery Hong Kong's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$13.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$66.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. San Miguel Brewery Hong Kong's annualized ROC % for the quarter that ended in Dec. 2023 was -11.41%. San Miguel Brewery Hong Kong's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 38.32%.

San Miguel Brewery Hong Kong EBIT Historical Data

The historical data trend for San Miguel Brewery Hong Kong'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.

San Miguel Brewery Hong Kong EBIT Chart

San Miguel Brewery Hong Kong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

7.65

14.80

23.45

35.96

66.66

San Miguel Brewery Hong Kong 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															20.99	4.76	31.20	52.82	13.84

Competitive Comparison of San Miguel Brewery Hong Kong's EBIT

For the Beverages - Brewers subindustry, San Miguel Brewery Hong Kong'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.

San Miguel Brewery Hong Kong's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, San Miguel Brewery Hong Kong's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where San Miguel Brewery Hong Kong's EV-to-EBIT falls into.

San Miguel Brewery Hong Kong 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$66.7 Mil.

San Miguel Brewery Hong Kong (HKSE:00236) EBIT Explanation

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

San Miguel Brewery Hong Kong'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 )
=	-20.634 * ( 1 - -181.6% )	/	( (491.715	+	527.223)	/ 2 )
=	-58.105344	/	509.469
=	-11.41 %

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	))
=	757.967	-	105.584	-	( 160.668	-	max(0, 109.471	-	311.174	+	160.668	))
=	491.715

	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	))
=	807.556	-	100.354	-	( 179.979	-	max(0, 104.312	-	324.523	+	179.979	))
=	527.223

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:

San Miguel Brewery Hong Kong'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 )
=	27.688	/	( ( (336.22 + max(11.338, 0))	+	(340.971 + max(32.881, 0)) )	/	2 )
=	27.688	/	( ( 347.558	+	373.852 )	/	2 )
=	27.688	/	360.705
=	7.68 %

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)
=	(42.456	+	71.793	+	2.6729999999999)	-	(105.584	+	0	+	0)
=	11.338

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(43.627	+	88.579	+	1.029)	-	(100.354	+	0	+	0)
=	32.881

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:

San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	66.659	/	173.934
	=	38.32 %

San Miguel Brewery Hong Kong EBIT Related Terms

Thank you for viewing the detailed overview of San Miguel Brewery Hong Kong's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

San Miguel Brewery Hong Kong (HKSE:00236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » San Miguel Brewery Hong Kong Ltd (HKSE:00236) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Citimark Building, 28 Yuen Shun Circuit, 9th Floor, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG

Website

http://info.sanmiguel.com.hk

San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned and draught beers. Its two reportable segments are 1) The Hong Kong operations comprise of the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas. 2) The Mainland China operations comprise of the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.

Executives

San Miguel Corporation	2201 Interest of corporation controlled by you
San Miguel Food And Beverage, Inc.	2201 Interest of corporation controlled by you
Top Frontier Investment Holdings, Inc.	2201 Interest of corporation controlled by you
Zobel Iñigo	2201 Interest of corporation controlled by you

San Miguel Brewery Hong Kong (HKSE:00236) Headlines

No Headlines