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H & R Century Union (SZSE:000892) EBIT : ¥-385.0 Mil (TTM As of Mar. 2024)


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What is H & R Century Union EBIT?

H & R Century Union's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥18.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-385.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. H & R Century Union's annualized ROC % for the quarter that ended in Mar. 2024 was 7.63%. H & R Century Union's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. H & R Century Union's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -18.71%.


H & R Century Union EBIT Historical Data

The historical data trend for H & R Century Union'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.

H & R Century Union EBIT Chart

H & R Century Union 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 -585.11 -793.73 -322.41 -32.47 -391.69

H & R Century Union Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.29 -65.79 4.08 -342.27 18.95

Competitive Comparison of H & R Century Union's EBIT

For the Broadcasting subindustry, H & R Century Union'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.


H & R Century Union's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, H & R Century Union's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where H & R Century Union's EV-to-EBIT falls into.



H & R Century Union 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-385.0 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.


H & R Century Union  (SZSE:000892) EBIT Explanation

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

H & R Century Union's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=85.292 * ( 1 - 17.64% )/( (873.372 + 967.161)/ 2 )
=70.2464912/920.2665
=7.63 %

where

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))
=1769.284 - 316.473 - ( 579.439 - max(0, 631.404 - 1473.504+579.439))
=873.372

Invested Capital(Q: Mar. 2024 )
=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))
=1814.31 - 295.46 - ( 551.689 - max(0, 678.711 - 1521.957+551.689))
=967.161

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

H & R Century Union's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=75.78/( ( (42.613 + max(343.634, 0)) + (40.586 + max(383.915, 0)) )/ 2 )
=75.78/( ( 386.247 + 424.501 )/ 2 )
=75.78/405.374
=18.69 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.886 + 565.666 + 121.494) - (316.473 + 0 + 218.939)
=343.634

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(196.285 + 627.129 + 131.213) - (295.46 + 0 + 275.252)
=383.915

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

H & R Century Union's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-385.035/2057.688
=-18.71 %

* 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.


H & R Century Union EBIT Related Terms

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H & R Century Union (SZSE:000892) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Renmin East Road, Fuling District, Chongqing, CHN, 400020
H & R Century Union Corp is engaged in the production and distribution of film and television dramas, artist brokerage, games and film, and television derivative business.
Executives
Zhao Zhi Cheng Directors, executives
Zhong Jun Yan Director
Zhang Xin Yi Director
Li Wen Wu Executives
Ye Zhen Jian Executives
Qiu Xiao Hua Director

H & R Century Union (SZSE:000892) Headlines

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