Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) EBIT : $20.7 Mil (TTM As of Dec. 2023)

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What is Citychamp Watch & Jewellery Group EBIT?

Citychamp Watch & Jewellery Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $11.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $20.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Citychamp Watch & Jewellery Group's annualized ROC % for the quarter that ended in Dec. 2023 was 0.76%. Citychamp Watch & Jewellery Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Citychamp Watch & Jewellery Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.86%.

Citychamp Watch & Jewellery Group EBIT Historical Data

The historical data trend for Citychamp Watch & Jewellery 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.

Citychamp Watch & Jewellery Group EBIT Chart

Citychamp Watch & Jewellery Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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30.49

-6.54

-0.89

-5.11

20.75

Citychamp Watch & Jewellery Group 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															-5.09	-2.36	-2.72	9.74	10.98

Competitive Comparison of Citychamp Watch & Jewellery Group's EBIT

For the Luxury Goods subindustry, Citychamp Watch & Jewellery 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.

Citychamp Watch & Jewellery Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Citychamp Watch & Jewellery Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Citychamp Watch & Jewellery Group's EV-to-EBIT falls into.

Citychamp Watch & Jewellery 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 $20.7 Mil.

Citychamp Watch & Jewellery Group (OTCPK:CEBTF) EBIT Explanation

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

Citychamp Watch & Jewellery 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 )
=	6.292 * ( 1 - 20.25% )	/	( (691.61	+	622.492)	/ 2 )
=	5.01787	/	657.051
=	0.76 %

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	))
=	2019.329	-	1268.778	-	( 135.528	-	max(0, 1274.095	-	1333.036	+	135.528	))
=	691.61

	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	))
=	2116.7	-	1420.746	-	( 520.2	-	max(0, 1433.48	-	1506.942	+	520.2	))
=	622.492

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:

Citychamp Watch & Jewellery 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 )
=	21.954	/	( ( (162.665 + max(-70.572, 0))	+	(166.151 + max(-469.066, 0)) )	/	2 )
=	21.954	/	( ( 162.665	+	166.151 )	/	2 )
=	21.954	/	164.408
=	13.35 %

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)
=	(965.281	+	228.8	+	3.4270000000001)	-	(1268.778	+	0	+	-0.69800000000009)
=	-70.572

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(709.857	+	231.235	+	17.998)	-	(1420.746	+	0	+	7.4099999999999)
=	-469.066

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:

Citychamp Watch & Jewellery Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	20.719	/	130.638
	=	15.86 %

Citychamp Watch & Jewellery Group EBIT Related Terms

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Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citychamp Watch & Jewellery Group Ltd (OTCPK:CEBTF) » Definitions » EBIT

Traded in Other Exchanges

00256:Hong Kong

Address

1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.citychampwj.com

Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.

Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Headlines

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