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Sino ICT Holdings (HKSE:00365) EBIT : HK$-46.4 Mil (TTM As of Dec. 2023)


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What is Sino ICT Holdings EBIT?

Sino ICT Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-13.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-46.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sino ICT Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -10.99%. Sino ICT Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sino ICT Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9.10%.


Sino ICT Holdings EBIT Historical Data

The historical data trend for Sino ICT 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.

Sino ICT Holdings EBIT Chart

Sino ICT Holdings Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.92 43.87 57.06 -17.55 -46.40

Sino ICT Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 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 11.66 0.29 -17.84 -32.65 -13.75

Competitive Comparison of Sino ICT Holdings's EBIT

For the Specialty Industrial Machinery subindustry, Sino ICT 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.


Sino ICT Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino ICT Holdings's EV-to-EBIT distribution charts can be found below:

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



Sino ICT 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$-46.4 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.


Sino ICT Holdings  (HKSE:00365) EBIT Explanation

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

Sino ICT 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 )
=-70.658 * ( 1 - 1.22% )/( (618.176 + 652.025)/ 2 )
=-69.7959724/635.1005
=-10.99 %

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))
=1011.865 - 217.156 - ( 176.533 - max(0, 243.442 - 452.804+176.533))
=618.176

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))
=960.502 - 231.258 - ( 183.28 - max(0, 328.75 - 405.969+183.28))
=652.025

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:

Sino ICT 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 )
=-27.498/( ( (468.982 + max(52.109, 0)) + (428.212 + max(-136.257, 0)) )/ 2 )
=-27.498/( ( 521.091 + 428.212 )/ 2 )
=-27.498/474.6515
=-5.79 %

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)
=(239.047 + 37.224 + 0) - (217.156 + 0 + 7.006)
=52.109

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.242 + 24.08 + 29.098) - (231.258 + 0 + 13.419)
=-136.257

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-46.395/509.619
=-9.10 %

* 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.


Sino ICT Holdings EBIT Related Terms

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Sino ICT Holdings (HKSE:00365) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Tsim Sha Tsui, Unit 02-03, 69th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Sino ICT Holdings Ltd is engaged in the research and development, design, manufacture, and distribution of machinery. The group has two operating segments SMT Equipment Manufacturing and Related Business and Securities Investment Business. The company derives the majority of its revenue from SMT Equipment Manufacturing and Related Business. The company mainly operates in Mainland China and Hong Kong.
Executives
Guang Da Rong Xin Zhu Hai Heng Qin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Gao Shan 2201 Interest of corporation controlled by you
Li Bin 2201 Interest of corporation controlled by you
Bei Jing Zhi Lu Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Zhi Guang Xin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Guang Da Rong Xin Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Qi Ping Ke Ji You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zi Guang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Wu Xin 2201 Interest of corporation controlled by you
Da Guang Guo Ji You Xian Gong Si 2101 Beneficial owner
Xin Ding You Xian Gong Si 2501 Other
Zhong Qing Xin Xin Su Zhou Gong Ye Yuan Qu Zi Chan Guan Li You Xian Ze Ren Gong Si 2501 Other
Zhao Shang Yin Xing Gu Fen You Xian Gong Si Shang Hai Zhang Jiang Zhi Xing 2106 Person having a security interest in shares
Xin Xin Rong Zi Zu Lin You Xian Ze Ren Gong Si 2501 Other
Shang Hai Qing Xin Qi Ye Guan Li Zi Xun You Xian Gong Si 2501 Other

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