AB Builders Group (HKSE:01615) EBIT : HK$-14.9 Mil (TTM As of Dec. 2023)

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What is AB Builders Group EBIT?

AB Builders Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-5.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-14.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AB Builders Group's annualized ROC % for the quarter that ended in Dec. 2023 was -9.41%. AB Builders Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AB Builders Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.64%.

AB Builders Group EBIT Historical Data

The historical data trend for AB Builders Group'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.

AB Builders Group EBIT Chart

AB Builders Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

23.39

-52.96

-9.69

9.07

-14.85

AB Builders Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial												3.28	-11.68	20.75	-9.78	-5.08

Competitive Comparison of AB Builders Group's EBIT

For the Engineering & Construction subindustry, AB Builders Group'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.

AB Builders Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, AB Builders Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AB Builders Group's EV-to-EBIT falls into.

AB Builders Group 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$-14.9 Mil.

AB Builders Group (HKSE:01615) EBIT Explanation

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

AB Builders Group'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 )
=	-15.41 * ( 1 - 5.01% )	/	( (138.824	+	172.329)	/ 2 )
=	-14.637959	/	155.5765
=	-9.41 %

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	))
=	310.44	-	51.261	-	( 120.355	-	max(0, 125.054	-	259.617	+	120.355	))
=	138.824

	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	))
=	302.28	-	41.764	-	( 88.187	-	max(0, 120.807	-	220.735	+	88.187	))
=	172.329

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:

AB Builders Group'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 )
=	-10.15	/	( ( (36.207 + max(-7.789, 0))	+	(35.629 + max(-9.128, 0)) )	/	2 )
=	-10.15	/	( ( 36.207	+	35.629 )	/	2 )
=	-10.15	/	35.918
=	-28.26 %

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)
=	(23.569	+	1.097	+	76.156)	-	(51.261	+	0	+	57.35)
=	-7.789

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.122	+	0.46	+	74.178)	-	(41.764	+	0	+	54.124)
=	-9.128

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:

AB Builders Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-14.852	/	84.191
	=	-17.64 %

AB Builders Group EBIT Related Terms

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AB Builders Group (HKSE:01615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC

Website

http://www.abbuildersgroup.com

AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.

Executives

Lao Chio Seng	2201 Interest of corporation controlled by you
Wong Hio Mei	2202 Interest of your spouse
Laos International Holdings Limited	2101 Beneficial owner
Ip Kin Wa	2101 Beneficial owner
Whm Holdings Limited	2101 Beneficial owner

AB Builders Group (HKSE:01615) Headlines

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