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Shanghai Chicmax Cosmetic Co (HKSE:02145) EBIT : HK$629 Mil (TTM As of Dec. 2023)


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What is Shanghai Chicmax Cosmetic Co EBIT?

Shanghai Chicmax Cosmetic Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$481 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$629 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Chicmax Cosmetic Co's annualized ROC % for the quarter that ended in Dec. 2023 was 56.27%. Shanghai Chicmax Cosmetic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 119.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Chicmax Cosmetic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.63%.


Shanghai Chicmax Cosmetic Co EBIT Historical Data

The historical data trend for Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co EBIT Chart

Shanghai Chicmax Cosmetic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
150.01 379.49 525.37 195.10 629.40

Shanghai Chicmax Cosmetic Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial 259.37 103.34 96.65 148.84 480.56

Competitive Comparison of Shanghai Chicmax Cosmetic Co's EBIT

For the Household & Personal Products subindustry, Shanghai Chicmax Cosmetic 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.


Shanghai Chicmax Cosmetic Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Chicmax Cosmetic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Chicmax Cosmetic Co's EV-to-EBIT falls into.



Shanghai Chicmax Cosmetic 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$629 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.


Shanghai Chicmax Cosmetic Co  (HKSE:02145) EBIT Explanation

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

Shanghai Chicmax Cosmetic 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 )
=1008.81 * ( 1 - 17.04% )/( (1403.617 + 1570.909)/ 2 )
=836.908776/1487.263
=56.27 %

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))
=3086.799 - 809.239 - ( 873.943 - max(0, 1118.705 - 1997.327+873.943))
=1403.617

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))
=3422.245 - 851.074 - ( 1000.262 - max(0, 1150.006 - 2273.218+1000.262))
=1570.909

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:

Shanghai Chicmax Cosmetic 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 )
=961.128/( ( (803.882 + max(16.419, 0)) + (793.627 + max(-102.192, 0)) )/ 2 )
=961.128/( ( 820.301 + 793.627 )/ 2 )
=961.128/806.964
=119.10 %

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)
=(308.896 + 516.763 + -0.00099999999997635) - (809.239 + 0 + 0)
=16.419

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(347.218 + 558.655 + 0) - (851.074 + 0 + 156.991)
=-102.192

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:

Shanghai Chicmax Cosmetic Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=629.405/17343.383
=3.63 %

* 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.


Shanghai Chicmax Cosmetic Co EBIT Related Terms

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Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Traded in Other Exchanges
N/A
Address
No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN
Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.
Executives
Lyu Yixiong 2201 Interest of corporation controlled by you
Shanghai Hongyin Investment Co., Ltd. 2101 Beneficial owner
Shanghai Nanyin Investment Co., Ltd. 2101 Beneficial owner
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter

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