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PC Partner Group (HKSE:01263) EBIT : HK$147 Mil (TTM As of Dec. 2023)


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What is PC Partner Group EBIT?

PC Partner Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$147 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PC Partner Group's annualized ROC % for the quarter that ended in Dec. 2023 was 5.16%. PC Partner Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PC Partner Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -83.88%.


PC Partner Group EBIT Historical Data

The historical data trend for PC Partner 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.

PC Partner Group EBIT Chart

PC Partner Group 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 54.48 277.91 2,950.34 875.76 147.44

PC Partner Group 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 1,764.32 971.48 -95.72 64.88 82.56

Competitive Comparison of PC Partner Group's EBIT

For the Computer Hardware subindustry, PC Partner 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.


PC Partner Group's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PC Partner Group's EV-to-EBIT distribution charts can be found below:

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



PC Partner 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$147 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.


PC Partner Group  (HKSE:01263) EBIT Explanation

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

PC Partner Group'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 )
=136.498 * ( 1 - 30.31% )/( (1847.254 + 1837.437)/ 2 )
=95.1254562/1842.3455
=5.16 %

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))
=5054.549 - 1063.042 - ( 2230.787 - max(0, 2202.143 - 4346.396+2230.787))
=1847.254

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))
=5295.367 - 1282.138 - ( 2490.881 - max(0, 2452.102 - 4627.894+2490.881))
=1837.437

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:

PC Partner Group'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 )
=165.128/( ( (692.454 + max(886.17, 0)) + (649.928 + max(678.096, 0)) )/ 2 )
=165.128/( ( 1578.624 + 1328.024 )/ 2 )
=165.128/1453.324
=11.36 %

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)
=(761.658 + 1152.108 + 189.176) - (1063.042 + 0 + 153.73)
=886.17

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(814.626 + 1135.492 + 167.49) - (1282.138 + 0 + 157.374)
=678.096

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=147.442/-175.771
=-83.88 %

* 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.


PC Partner Group EBIT Related Terms

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PC Partner Group (HKSE:01263) Business Description

Traded in Other Exchanges
N/A
Address
28th floor NCB Innovation Centre, 888 Lai Chi Kok Road, Kowloon, Hong Kong, HKG
PC Partner Group Ltd is a manufacturer of computer electronics. Principally, it is engaged in the designing and manufacturing of electronics and personal computer parts and accessories. The company's product consists of video graphics card, mini-PCs, and motherboards. In addition, it is involved in the development and production of video graphics cards for desktop personal computers (PC's), electronics manufacturing services, and trading of other PC related products and components. The company's brand includes ZOTAC, Manli, and Inno3D. Majority of company's revenue is derived from the Asia Pacific region.
Executives
Ho Nai Nap 2101 Beneficial owner
Ho Wong Mary Mee-tak 2101 Beneficial owner
Wong Fong Pak 2101 Beneficial owner
Wong Shik Ho Tony 2101 Beneficial owner
Leung Wah Kan 2101 Beneficial owner
Perfect Choice Limited 2101 Beneficial owner

PC Partner Group (HKSE:01263) Headlines

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