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Central Development Holdings (HKSE:00475) EBIT : HK$-7.6 Mil (TTM As of Sep. 2023)


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What is Central Development Holdings EBIT?

Central Development Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-5.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-7.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central Development Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -7.87%. Central Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -43.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Central Development Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.91%.


Central Development Holdings EBIT Historical Data

The historical data trend for Central Development 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.

Central Development Holdings EBIT Chart

Central Development Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.34 -34.79 -21.25 -6.90 -4.62

Central Development Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -4.19 -2.72 -2.59 -2.03 -5.58

Competitive Comparison of Central Development Holdings's EBIT

For the Oil & Gas Refining & Marketing subindustry, Central Development 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.


Central Development Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Central Development Holdings's EV-to-EBIT distribution charts can be found below:

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



Central Development 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7.6 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.


Central Development Holdings  (HKSE:00475) EBIT Explanation

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

Central Development Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-16.656 * ( 1 - -3.91% )/( (221.495 + 218.457)/ 2 )
=-17.3072496/219.976
=-7.87 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Central Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.166/( ( (25.825 + max(-22.076, 0)) + (26.042 + max(-9.091, 0)) )/ 2 )
=-11.166/( ( 25.825 + 26.042 )/ 2 )
=-11.166/25.9335
=-43.06 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.181 + 2.427 + 0) - (26.684 + 0 + 0)
=-22.076

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.29 + 2.566 + 16.967) - (30.613 + 0 + 5.301)
=-9.091

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-7.61/399.374
=-1.91 %

* 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.


Central Development Holdings EBIT Related Terms

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Central Development Holdings (HKSE:00475) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, Room 2202, 22nd Floor, Wanchai, Chinachem Century Tower, Hong Kong, HKG
Central Development Holdings Ltd is principally engaged in the Jewelry business and Solar energy business segments. The Jewelry business segment involves the wholesale of jewelry. Its Solar Energy business segment includes manufacturing and sales of solar cooling intelligent technology products using thermal cooling-stored pipes and sales of solar photovoltaic modules and components and provision of energy efficiency analysis and technology improvement advisory services on solar energy projects. The company generates maximum revenue from Liquefied natural gas (LNG) geographically, it derives a majority of its revenue from PRC.
Executives
Zhang Bing
Hu Yangjun 2101 Beneficial owner
Zhang Qi 2202 Interest of your spouse
Zhang Bing 2101 Beneficial owner
Resources Rich Capital Limited
Hu Yishi
Lin Min,mindy

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