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Sky Blue 11 Co (HKSE:01010) EBIT : HK$-43.8 Mil (TTM As of Dec. 2023)


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What is Sky Blue 11 Co EBIT?

Sky Blue 11 Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-47.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-43.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sky Blue 11 Co's annualized ROC % for the quarter that ended in Dec. 2023 was -150.13%. Sky Blue 11 Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,277.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sky Blue 11 Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.30%.


Sky Blue 11 Co EBIT Historical Data

The historical data trend for Sky Blue 11 Co'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.

Sky Blue 11 Co EBIT Chart

Sky Blue 11 Co 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 -21.70 -4.30 -48.63 8.17 -43.84

Sky Blue 11 Co 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 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 -38.05 -10.73 18.90 3.50 -47.34

Competitive Comparison of Sky Blue 11 Co's EBIT

For the Recreational Vehicles subindustry, Sky Blue 11 Co'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.


Sky Blue 11 Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's EV-to-EBIT falls into.



Sky Blue 11 Co 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$-43.8 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.


Sky Blue 11 Co  (HKSE:01010) EBIT Explanation

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

Sky Blue 11 Co'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 )
=-80.472 * ( 1 - 4.57% )/( (50.681 + 51.623)/ 2 )
=-76.7944296/51.152
=-150.13 %

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))
=412.709 - 363.721 - ( 105.307 - max(0, 371.38 - 369.687+105.307))
=50.681

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))
=361.679 - 352.518 - ( 21.724 - max(0, 362.668 - 320.206+21.724))
=51.623

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:

Sky Blue 11 Co'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 )
=-94.678/( ( (8.017 + max(-112.93, 0)) + (6.806 + max(-71.814, 0)) )/ 2 )
=-94.678/( ( 8.017 + 6.806 )/ 2 )
=-94.678/7.4115
=-1,277.45 %

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)
=(88.913 + 166.8 + 0.14999999999998) - (363.721 + 0 + 5.072)
=-112.93

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.329 + 149.428 + 47.602) - (352.518 + 0 + 6.655)
=-71.814

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:

Sky Blue 11 Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-43.844/188.136
=-23.30 %

* 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.


Sky Blue 11 Co EBIT Related Terms

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Sky Blue 11 Co (HKSE:01010) Business Description

Traded in Other Exchanges
N/A
Address
50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.
Executives
Duan Hongtao 2201 Interest of corporation controlled by you
Zhong Ying Guo Ji Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Arrab Chalid 2201 Interest of corporation controlled by you
Lloyds Investment Group Fzco 2101 Beneficial owner
Duan Hongtao 2201 Interest of corporation controlled by you
Ever Digital Limited 2101 Beneficial owner
Ever Digital Limited 2101 Beneficial owner
Tong Liang 2201 Interest of corporation controlled by you
Yao Zheng Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

Sky Blue 11 Co (HKSE:01010) Headlines

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