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Alibaba Pictures Group (HKSE:01060) EBIT : HK$54 Mil (TTM As of Sep. 2023)


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What is Alibaba Pictures Group EBIT?

Alibaba Pictures Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$352 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alibaba Pictures Group's annualized ROC % for the quarter that ended in Sep. 2023 was 10.46%. Alibaba Pictures Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 35.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alibaba Pictures Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.81%.


Alibaba Pictures Group EBIT Historical Data

The historical data trend for Alibaba Pictures 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.

Alibaba Pictures Group EBIT Chart

Alibaba Pictures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -306.18 -1,198.94 -118.36 174.60 -308.58

Alibaba Pictures Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 -72.47 248.75 -9.96 -298.43 352.46

Competitive Comparison of Alibaba Pictures Group's EBIT

For the Entertainment subindustry, Alibaba Pictures 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.


Alibaba Pictures Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alibaba Pictures Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alibaba Pictures Group's EV-to-EBIT falls into.



Alibaba Pictures 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$54 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.


Alibaba Pictures Group  (HKSE:01060) EBIT Explanation

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

Alibaba Pictures Group'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 )
=763.352 * ( 1 - -45.2% )/( (12161.273 + 9033.538)/ 2 )
=1108.387104/10597.4055
=10.46 %

where

Invested Capital(Q: Mar. 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))
=17736.016 - 1110.423 - ( 4464.32 - max(0, 1474.415 - 9683.244+4464.32))
=12161.273

Invested Capital(Q: Sep. 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))
=18938.238 - 2478.878 - ( 7425.822 - max(0, 3056.577 - 11364.816+7425.822))
=9033.538

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:

Alibaba Pictures Group'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 )
=704.926/( ( (151.516 + max(3775.491, 0)) + (77.114 + max(-417.938, 0)) )/ 2 )
=704.926/( ( 3927.007 + 77.114 )/ 2 )
=704.926/2002.0605
=35.21 %

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)
=(3082.689 + 44.129 + 2092.106) - (1110.423 + 0 + 333.01)
=3775.491

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2312.468 + 39.898 + 271.798) - (2478.878 + 0 + 563.224)
=-417.938

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:

Alibaba Pictures Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=54.034/6642.949
=0.81 %

* 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.


Alibaba Pictures Group EBIT Related Terms

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Alibaba Pictures Group (HKSE:01060) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG
Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.
Executives
Bian Ximing 2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua 2101 Beneficial owner

Alibaba Pictures Group (HKSE:01060) Headlines

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