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Sino Hotels (Holdings) (HKSE:01221) EBIT : HK$61.2 Mil (TTM As of Dec. 2023)


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What is Sino Hotels (Holdings) EBIT?

Sino Hotels (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$29.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$61.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sino Hotels (Holdings)'s annualized ROC % for the quarter that ended in Dec. 2023 was -0.55%. Sino Hotels (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sino Hotels (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.34%.


Sino Hotels (Holdings) EBIT Historical Data

The historical data trend for Sino Hotels (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 Hotels (Holdings) EBIT Chart

Sino Hotels (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.45 -75.84 -98.63 -92.12 -19.12

Sino Hotels (Holdings) 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 -55.30 -36.82 -51.30 32.17 29.01

Competitive Comparison of Sino Hotels (Holdings)'s EBIT

For the Lodging subindustry, Sino Hotels (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 Hotels (Holdings)'s EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sino Hotels (Holdings)'s EV-to-EBIT distribution charts can be found below:

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



Sino Hotels (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$61.2 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 Hotels (Holdings)  (HKSE:01221) EBIT Explanation

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

Sino Hotels (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 )
=-16.698 * ( 1 - 0.51% )/( (3234.25 + 2854.047)/ 2 )
=-16.6128402/3044.1485
=-0.55 %

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))
=4165.452 - 19.608 - ( 911.594 - max(0, 22.408 - 938.378+911.594))
=3234.25

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))
=4112.001 - 26.304 - ( 1231.65 - max(0, 29.244 - 1276.589+1231.65))
=2854.047

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 Hotels (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 )
=58.024/( ( (1172.87 + max(-19.472, 0)) + (1156.805 + max(-26.32, 0)) )/ 2 )
=58.024/( ( 1172.87 + 1156.805 )/ 2 )
=58.024/1164.8375
=4.98 %

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)
=(2.845 + 0.091 + 0) - (19.608 + 0 + 2.8)
=-19.472

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.857 + 0.067 + -2.2737367544323E-13) - (26.304 + 0 + 2.94)
=-26.32

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=61.186/833.259
=7.34 %

* 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 Hotels (Holdings) EBIT Related Terms

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Sino Hotels (Holdings) (HKSE:01221) Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sino Hotels (Holdings) Ltd is a Hong Kong-based investment holding company. It is engaged in the operation and management of hotels. The hotels under the operation of the group include City Garden Hotel, The Royal Pacific Hotel & Towers, and Conrad Hong Kong, among others. The company divides its business into the segments of Hotel operation, Investment holding, Hotel operation(share of results of associates), and Other, of which key revenue is derived from the Hotel operation segment which involves the operation of City Garden Hotel. All of the activities of the group are based in Hong Kong.
Executives
Ng Chee Siong 2304 Executor or administrator
Ng Chee Tat, Philip 2304 Executor or administrator

Sino Hotels (Holdings) (HKSE:01221) Headlines

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