Hong Kong Technology Venture Co (HKSE:01137) EBIT : HK$57 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Hong Kong Technology Venture Co EBIT?

Hong Kong Technology Venture Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hong Kong Technology Venture Co's annualized ROC % for the quarter that ended in Dec. 2023 was -0.50%. Hong Kong Technology Venture Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hong Kong Technology Venture Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.46%.

Hong Kong Technology Venture Co EBIT Historical Data

The historical data trend for Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co EBIT Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-277.71

194.07

15.46

155.48

56.54

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	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															-84.66	88.80	66.69	51.47	5.07

Competitive Comparison of Hong Kong Technology Venture Co's EBIT

For the Internet Retail subindustry, Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's EV-to-EBIT falls into.

Hong Kong Technology Venture 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$57 Mil.

Hong Kong Technology Venture Co (HKSE:01137) EBIT Explanation

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

Hong Kong Technology Venture 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 )
=	-19.882 * ( 1 - 27.2% )	/	( (2908.974	+	2875.043)	/ 2 )
=	-14.474096	/	2892.0085
=	-0.50 %

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	))
=	3625.334	-	598.131	-	( 773.725	-	max(0, 969.774	-	1088.003	+	773.725	))
=	2908.974

	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	))
=	3461.781	-	570.297	-	( 734.305	-	max(0, 986.797	-	1003.238	+	734.305	))
=	2875.043

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:

Hong Kong Technology Venture 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 )
=	10.132	/	( ( (1994.915 + max(-684.479, 0))	+	(1690.835 + max(-695.028, 0)) )	/	2 )
=	10.132	/	( ( 1994.915	+	1690.835 )	/	2 )
=	10.132	/	1842.875
=	0.55 %

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)
=	(0	+	133.278	+	-2.2737367544323E-13)	-	(598.131	+	0	+	219.626)
=	-684.479

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	140.418	+	1.1368683772162E-13)	-	(570.297	+	0	+	265.149)
=	-695.028

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:

Hong Kong Technology Venture Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	56.535	/	1266.793
	=	4.46 %

Hong Kong Technology Venture Co EBIT Related Terms

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

Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

Hong Kong Technology Venture Co (HKSE:01137) Headlines

No Headlines