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Legend Holdings (HKSE:03396) EBIT : HK$8,920 Mil (TTM As of Dec. 2023)


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What is Legend Holdings EBIT?

Legend Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$3,100 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$8,920 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Legend Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -138.84%. Legend Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Legend Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.12%.


Legend Holdings EBIT Historical Data

The historical data trend for Legend 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.

Legend Holdings EBIT Chart

Legend Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,749.92 21,334.68 33,205.76 20,280.92 8,919.78

Legend 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 15,402.30 12,227.53 8,632.15 5,820.06 3,099.73

Competitive Comparison of Legend Holdings's EBIT

For the Computer Hardware subindustry, Legend 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.


Legend Holdings's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Legend Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Legend Holdings's EV-to-EBIT falls into.



Legend 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$8,920 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.


Legend Holdings  (HKSE:03396) EBIT Explanation

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

Legend 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 )
=18388.08 * ( 1 - 4164.75% )/( (524300.767 + 552385.06)/ 2 )
=-747429.4818/538342.9135
=-138.84 %

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))
=727956.746 - 337404.155 - ( 109519.728 - max(0, 467261.07 - 333512.894+109519.728))
=524300.767

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))
=728164.225 - 339607.067 - ( 99630.597 - max(0, 483980.226 - 320152.324+99630.597))
=552385.06

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:

Legend 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 )
=6199.46/( ( (42969.569 + max(-259747.783, 0)) + (40425.442 + max(-252164.649, 0)) )/ 2 )
=6199.46/( ( 42969.569 + 40425.442 )/ 2 )
=6199.46/41697.5055
=14.87 %

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)
=(63756.087 + 51758.786 + 11215.941) - (337404.155 + 0 + 49074.442)
=-259747.783

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73066.057 + 52665.884 + 12191.551) - (339607.067 + 0 + 50481.074)
=-252164.649

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8919.791/88152.191
=10.12 %

* 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.


Legend Holdings EBIT Related Terms

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Legend Holdings (HKSE:03396) Business Description

Traded in Other Exchanges
Address
Room 1701, 17th Floor, Block 1, Court No. 2, Ke Xue Yuan Nanlu, Haidian District, Beinjing, CHN, 100190
Legend Holdings Ltd is a diversified industrial and investment group in China. The Company operates its business through two sectors: industrial operations and industrial incubations and investments. The Industrial operations segment includes Lenovo, which is mainly engaged in providing innovative intelligent devices and infrastructure, and creates intelligent solutions, services and software. Levima Group, which mainly engaged in the research and development, production and sales of advanced material products. The industrial incubations and investments includes Which is engaged in investment in the PE Funds and VC Funds as a limited partner and holds interest in the general partners of certain funds.
Executives
Bei Jing Lian Heng Yong Xin Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Bei Jing Lian Heng Yong Kang Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Chuanzhi
Liu Chuanzhi 2101 Beneficial owner
Bei Jing Lian Chi Zhi Tong Guan Li Zi Xun You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Bei Jing Lian Chi Zhi Yuan Guan Li Zi Xun Zhong Xin You Xian He Huo 2101 Beneficial owner

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