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Lippo China Resources (HKSE:00156) EBIT : HK$-133.7 Mil (TTM As of Dec. 2023)


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What is Lippo China Resources EBIT?

Lippo China Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-81.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-133.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lippo China Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -2.99%. Lippo China Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lippo China Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -15.47%.


Lippo China Resources EBIT Historical Data

The historical data trend for Lippo China Resources'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.

Lippo China Resources EBIT Chart

Lippo China Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.59 -144.13 68.16 -280.01 -133.68

Lippo China Resources Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 -103.71 -112.41 -167.61 -52.44 -81.24

Competitive Comparison of Lippo China Resources's EBIT

For the Restaurants subindustry, Lippo China Resources'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.


Lippo China Resources's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Lippo China Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lippo China Resources's EV-to-EBIT falls into.



Lippo China Resources 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$-133.7 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.


Lippo China Resources  (HKSE:00156) EBIT Explanation

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

Lippo China Resources'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 )
=-109.398 * ( 1 - 2.71% )/( (3744.807 + 3374.427)/ 2 )
=-106.4333142/3559.617
=-2.99 %

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))
=4161.233 - 272.941 - ( 778.52 - max(0, 832.028 - 975.513+778.52))
=3744.807

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))
=3976.33 - 310.139 - ( 605.571 - max(0, 499.379 - 791.143+605.571))
=3374.427

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:

Lippo China Resources'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 )
=-162.484/( ( (1108.878 + max(-75.948, 0)) + (1121.646 + max(-125.136, 0)) )/ 2 )
=-162.484/( ( 1108.878 + 1121.646 )/ 2 )
=-162.484/1115.262
=-14.57 %

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)
=(173.257 + 23.334 + 0.40200000000004) - (272.941 + 0 + 0)
=-75.948

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(161.495 + 23.962 + 0.11500000000001) - (310.139 + 0 + 0.56900000000002)
=-125.136

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:

Lippo China Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-133.68/864.352
=-15.47 %

* 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.


Lippo China Resources EBIT Related Terms

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Lippo China Resources (HKSE:00156) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, 40th Floor, Tower Two, Lippo Centre, Hong Kong, HKG
Lippo China Resources Ltd is a Hong Kong-based investment holding company. The company along with its subsidiaries is principally engaged in the below segments: Property development, Food businesses, Healthcare services, Securities investment, Treasury investment, and Others. It derives a majority of the revenue from the Food business activity which includes the distribution of consumer food and non-food products, food manufacturing and retailing, the management of restaurants, and food court operations. The company operates in Hong Kong, Mainland China, the Republic of Singapore, the USA, Malaysia, and other countries, of which key revenue is generated from the Republic of Singapore.
Executives
Tai Tak Fung 2201 Interest of corporation controlled by you
Wu Mei Yung 2202 Interest of your spouse
Ever Media Limited 2101 Beneficial owner
Four Seas Enterprises (bvi) Limited 2201 Interest of corporation controlled by you
Four Seas Mercantile Holdings Limited 2201 Interest of corporation controlled by you
Hambali Aileen
Lippo Capital Group Limited
Lippo Capital Holdings Company Limited
Lippo Capital Limited
Lippo Limited
Pt Trijaya Utama Mandiri
Riady James Tjahaja
Skyscraper Realty Limited
Leonardi Shincee
Riady Stephen

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