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Century Ginwa Retail Holdings (HKSE:00162) EBIT : HK$-255.3 Mil (TTM As of Dec. 2023)


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What is Century Ginwa Retail Holdings EBIT?

Century Ginwa Retail Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-141.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-255.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Century Ginwa Retail Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -2.24%. Century Ginwa Retail Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Century Ginwa Retail Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.53%.


Century Ginwa Retail Holdings EBIT Historical Data

The historical data trend for Century Ginwa Retail 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.

Century Ginwa Retail Holdings EBIT Chart

Century Ginwa Retail Holdings Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -198.10 -1,337.22 -242.51 -198.15 -255.34

Century Ginwa Retail Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 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 -173.87 -118.32 -85.43 -113.86 -141.48

Competitive Comparison of Century Ginwa Retail Holdings's EBIT

For the Department Stores subindustry, Century Ginwa Retail 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.


Century Ginwa Retail Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Century Ginwa Retail Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Century Ginwa Retail Holdings's EV-to-EBIT falls into.



Century Ginwa Retail 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$-255.3 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.


Century Ginwa Retail Holdings  (HKSE:00162) EBIT Explanation

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

Century Ginwa Retail 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 )
=-215.03 * ( 1 - -2.25% )/( (9708.027 + 9940.732)/ 2 )
=-219.868175/9824.3795
=-2.24 %

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))
=8374.116 - 952.776 - ( 37.042 - max(0, 2609.701 - 323.014+37.042))
=9708.027

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))
=8413.442 - 624.361 - ( 59.573 - max(0, 2471.409 - 319.758+59.573))
=9940.732

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:

Century Ginwa Retail 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 )
=-282.968/( ( (6747.634 + max(-1200.413, 0)) + (6863.874 + max(-835.724, 0)) )/ 2 )
=-282.968/( ( 6747.634 + 6863.874 )/ 2 )
=-282.968/6805.754
=-4.16 %

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)
=(32.043 + 32.445 + 207.697) - (952.776 + 0 + 519.822)
=-1200.413

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.023 + 30.629 + 167.887) - (624.361 + 0 + 433.902)
=-835.724

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:

Century Ginwa Retail Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-255.342/5632.020
=-4.53 %

* 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.


Century Ginwa Retail Holdings EBIT Related Terms

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Century Ginwa Retail Holdings (HKSE:00162) Business Description

Traded in Other Exchanges
N/A
Address
303 Hennessy Road, Unit 301, 3rd Floor, Wanchai, OfficePlus@Wan Chai, Hong Kong, HKG
Century Ginwa Retail Holdings Ltd is an investment holding company. The segments of the group are Department stores and shopping mall; and Supermarkets. It derives key revenue from Supermarkets segment. The group's revenue is substantially derived from retail customers in the PRC.
Executives
Glory Keen Holdings Limited 2101 Beneficial owner
Exponential Fortune Group Limited 2201 Interest of corporation controlled by you
Hony Capital Fund 2008 Gp Limited 2201 Interest of corporation controlled by you
Hony Capital Fund 2008, L.p. 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
Zhao John Huan 2201 Interest of corporation controlled by you
Hony Capital Fund 2008 Gp, L.p. 2201 Interest of corporation controlled by you
Hony Capital Fund 2008, Gp L.p. 2201 Interest of corporation controlled by you
Qu Jiang Wen Hua Jin Rong Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner
Xi An Qu Jiang Wen Hua Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xi An Qu Jiang Xin Qu Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you

Century Ginwa Retail Holdings (HKSE:00162) Headlines

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