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SY Holdings Group (HKSE:06069) EBIT : HK$853 Mil (TTM As of Dec. 2023)


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What is SY Holdings Group EBIT?

SY Holdings Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$383 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$853 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SY Holdings Group's annualized ROC % for the quarter that ended in Dec. 2023 was 5.90%. SY Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 169.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SY Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.49%.


SY Holdings Group EBIT Historical Data

The historical data trend for SY Holdings 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.

SY Holdings Group EBIT Chart

SY Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 526.44 609.09 724.12 627.98 852.54

SY Holdings Group Semi-Annual Data
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 432.54 359.30 285.69 469.26 383.28

Competitive Comparison of SY Holdings Group's EBIT

For the Credit Services subindustry, SY Holdings 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.


SY Holdings Group's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SY Holdings Group's EV-to-EBIT distribution charts can be found below:

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



SY Holdings 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$853 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.


SY Holdings Group  (HKSE:06069) EBIT Explanation

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

SY Holdings 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 )
=654.172 * ( 1 - 30.43% )/( (6577.489 + 8852.654)/ 2 )
=455.1074604/7715.0715
=5.90 %

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))
=12253.806 - 292.945 - ( 9831.203 - max(0, 5386.622 - 10769.994+9831.203))
=6577.489

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))
=12927.994 - 262.156 - ( 9345.793 - max(0, 6706.055 - 10519.239+9345.793))
=8852.654

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:

SY Holdings 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 )
=766.558/( ( (150.996 + max(77.627000000001, 0)) + (187.295 + max(488.467, 0)) )/ 2 )
=766.558/( ( 228.623 + 675.762 )/ 2 )
=766.558/452.1925
=169.52 %

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)
=(45.254 + 0 + 589.955) - (292.945 + 0 + 264.637)
=77.627000000001

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.884 + 0 + 963.695) - (262.156 + 0 + 270.956)
=488.467

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=852.536/2707.233
=31.49 %

* 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.


SY Holdings Group EBIT Related Terms

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SY Holdings Group (HKSE:06069) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048
SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.
Executives
Tung Chi Fung 2307 Founder of a discretionary trust who can infl
Eander Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Wisdom Cosmos Limited 2101 Beneficial owner
Xitong International Holdings (hk) Limited 2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

SY Holdings Group (HKSE:06069) Headlines

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