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Jiumaojiu International Holdings (HKSE:09922) EBIT : HK$798 Mil (TTM As of Dec. 2023)


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What is Jiumaojiu International Holdings EBIT?

Jiumaojiu International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$395 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$798 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiumaojiu International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 12.69%. Jiumaojiu International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiumaojiu International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.69%.


Jiumaojiu International Holdings EBIT Historical Data

The historical data trend for Jiumaojiu International 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.

Jiumaojiu International Holdings EBIT Chart

Jiumaojiu International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 360.18 289.02 711.69 195.92 797.64

Jiumaojiu International Holdings 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 328.08 157.92 45.47 402.56 395.09

Competitive Comparison of Jiumaojiu International Holdings's EBIT

For the Restaurants subindustry, Jiumaojiu International 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.


Jiumaojiu International Holdings's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's EV-to-EBIT distribution charts can be found below:

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



Jiumaojiu International 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$798 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.


Jiumaojiu International Holdings  (HKSE:09922) EBIT Explanation

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

Jiumaojiu International 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 )
=727.062 * ( 1 - 22.32% )/( (4059.364 + 4843.332)/ 2 )
=564.7817616/4451.348
=12.69 %

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))
=6655.26 - 562.764 - ( 2254.325 - max(0, 1156.238 - 3189.37+2254.325))
=4059.364

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))
=7132.4 - 754.134 - ( 1967.197 - max(0, 1534.108 - 3069.042+1967.197))
=4843.332

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:

Jiumaojiu International 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 )
=790.172/( ( (2865.198 + max(-209.839, 0)) + (3439.265 + max(135.251, 0)) )/ 2 )
=790.172/( ( 2865.198 + 3574.516 )/ 2 )
=790.172/3219.857
=24.54 %

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)
=(32.177 + 135.634 + 192.847) - (562.764 + 0 + 7.7329999999999)
=-209.839

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.085 + 144.46 + 795.31) - (754.134 + 0 + 91.47)
=135.251

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=797.641/7462.859
=10.69 %

* 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.


Jiumaojiu International Holdings EBIT Related Terms

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Jiumaojiu International Holdings (HKSE:09922) Business Description

Traded in Other Exchanges
Address
1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN
Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.
Executives
Invesco Asset Management Limited 2102 Investment manager
Jpmorgan Chase & Co. 2502 Approved lending agent
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Guan Yihong 2201 Interest of corporation controlled by you
Gyh J Limited 2101 Beneficial owner
Yang Sanyin 2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Chen Haixia 2201 Interest of corporation controlled by you
Mx J Limited 2101 Beneficial owner
Mt J Limited 2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

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