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Mulsanne Group Holding (HKSE:01817) EBIT : HK$131 Mil (TTM As of Dec. 2023)


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What is Mulsanne Group Holding EBIT?

Mulsanne Group Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$131 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mulsanne Group Holding's annualized ROC % for the quarter that ended in Dec. 2023 was 2.20%. Mulsanne Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mulsanne Group Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.29%.


Mulsanne Group Holding EBIT Historical Data

The historical data trend for Mulsanne Group Holding'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.

Mulsanne Group Holding EBIT Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 458.25 -278.34 -55.05 94.60 130.82

Mulsanne Group Holding Semi-Annual Data
Dec16 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 -177.45 55.04 42.17 68.08 62.74

Competitive Comparison of Mulsanne Group Holding's EBIT

For the Apparel Retail subindustry, Mulsanne Group Holding'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.


Mulsanne Group Holding's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mulsanne Group Holding's EV-to-EBIT distribution charts can be found below:

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



Mulsanne Group Holding 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$131 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.


Mulsanne Group Holding  (HKSE:01817) EBIT Explanation

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

Mulsanne Group Holding'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 )
=130.886 * ( 1 - 54.89% )/( (2687.384 + 2681.6)/ 2 )
=59.0426746/2684.492
=2.20 %

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))
=3303.728 - 411.006 - ( 241.629 - max(0, 1688.612 - 1893.95+241.629))
=2687.384

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))
=3296.943 - 600.282 - ( 210.465 - max(0, 1942.403 - 1957.464+210.465))
=2681.6

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:

Mulsanne Group Holding'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 )
=125.47/( ( (533.839 + max(670.541, 0)) + (560.679 + max(797.154, 0)) )/ 2 )
=125.47/( ( 1204.38 + 1357.833 )/ 2 )
=125.47/1281.1065
=9.79 %

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)
=(279.238 + 608.846 + 391.609) - (411.006 + 0 + 198.146)
=670.541

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(309.468 + 619.825 + 761.278) - (600.282 + 0 + 293.135)
=797.154

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=130.816/2473.367
=5.29 %

* 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.


Mulsanne Group Holding EBIT Related Terms

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Mulsanne Group Holding (HKSE:01817) Business Description

Traded in Other Exchanges
N/A
Address
No. 111, Shanshan Road, Wangchan Industrial Park, Haishu District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Mainland China.
Executives
Yu Yong 2101 Beneficial owner
L Catterton Gp, Llc 2201 Interest of corporation controlled by you
Mckee Hand David 2201 Interest of corporation controlled by you
Crescent Gp Ltd. 2201 Interest of corporation controlled by you
Crescent Glory Singapore Pte. Ltd. 2101 Beneficial owner
Crescent Capital Investments Ltd. 2201 Interest of corporation controlled by you
Yang Herong 2201 Interest of corporation controlled by you
Madison International Limited 2201 Interest of corporation controlled by you
Gxg Trading Limited 2101 Beneficial owner
L Catterton, L.p. 2201 Interest of corporation controlled by you
L Catterton Management Limited 2201 Interest of corporation controlled by you
Catterton Holdings, Llc 2201 Interest of corporation controlled by you
L Catterton Asia Holdings Limited 2201 Interest of corporation controlled by you
L Catterton Asia Advisors 2201 Interest of corporation controlled by you
L Capital Asia 2 Sing Lp 2201 Interest of corporation controlled by you

Mulsanne Group Holding (HKSE:01817) Headlines

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