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South China Holdings Co (HKSE:00413) EBIT : HK$232 Mil (TTM As of Dec. 2023)


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What is South China Holdings Co EBIT?

South China Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$177 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$232 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South China Holdings Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.46%. South China Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 42.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. South China Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.55%.


South China Holdings Co EBIT Historical Data

The historical data trend for South China Holdings Co'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.

South China Holdings Co EBIT Chart

South China Holdings Co 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 1,042.86 307.94 255.92 292.19 231.56

South China Holdings Co 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 279.71 125.39 166.80 54.57 176.99

Competitive Comparison of South China Holdings Co's EBIT

For the Leisure subindustry, South China Holdings Co'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.


South China Holdings Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's EV-to-EBIT distribution charts can be found below:

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



South China Holdings Co 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$232 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.


South China Holdings Co  (HKSE:00413) EBIT Explanation

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

South China Holdings Co'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 )
=347.524 * ( 1 - 13.68% )/( (12093.539 + 12306.506)/ 2 )
=299.9827168/12200.0225
=2.46 %

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))
=13474.895 - 1323.327 - ( 447.419 - max(0, 3349.512 - 3407.541+447.419))
=12093.539

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))
=13255.285 - 1083.44 - ( 544.324 - max(0, 3261.882 - 3127.221+544.324))
=12306.506

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:

South China Holdings Co'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 )
=353.978/( ( (453.702 + max(459.832, 0)) + (464.213 + max(282.291, 0)) )/ 2 )
=353.978/( ( 913.534 + 746.504 )/ 2 )
=353.978/830.019
=42.65 %

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)
=(545.466 + 1189.713 + 47.98) - (1323.327 + 0 + 4.5474735088646E-13)
=459.832

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(372.774 + 1029.718 + 0.83100000000013) - (1083.44 + 0 + 37.592)
=282.291

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=231.556/4170.584
=5.55 %

* 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.


South China Holdings Co EBIT Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.
Executives
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2202 Interest of your spouse
Earntrade Investments Limited 2101 Beneficial owner

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