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Luxxu Group (HKSE:01327) EBIT : HK$-40.66 Mil (TTM As of Dec. 2023)


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What is Luxxu Group EBIT?

Luxxu Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-22.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-40.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luxxu Group's annualized ROC % for the quarter that ended in Dec. 2023 was -47.13%. Luxxu Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -42.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Luxxu Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -85.11%.


Luxxu Group EBIT Historical Data

The historical data trend for Luxxu 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.

Luxxu Group EBIT Chart

Luxxu 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 -139.49 -172.05 -51.51 -51.72 -40.66

Luxxu 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 -41.72 -18.57 -34.03 -18.12 -22.54

Competitive Comparison of Luxxu Group's EBIT

For the Luxury Goods subindustry, Luxxu 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.


Luxxu Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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



Luxxu 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$-40.66 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.


Luxxu Group  (HKSE:01327) EBIT Explanation

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

Luxxu 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 )
=-54.598 * ( 1 - 0% )/( (128.473 + 103.209)/ 2 )
=-54.598/115.841
=-47.13 %

where

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:

Luxxu 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 )
=-45.076/( ( (17.253 + max(93.973, 0)) + (11.085 + max(88.132, 0)) )/ 2 )
=-45.076/( ( 111.226 + 99.217 )/ 2 )
=-45.076/105.2215
=-42.84 %

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)
=(68.693 + 27.506 + 0.0010000000000048) - (0.276 + 0 + 1.951)
=93.973

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.451 + 65.248 + 3.126) - (3.051 + 0 + 0.642)
=88.132

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-40.655/47.765
=-85.11 %

* 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.


Luxxu Group EBIT Related Terms

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Luxxu Group (HKSE:01327) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, Unit 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG
Luxxu Group Ltd is an investment company engaged in the manufacturing and sales of own-branded watches and jewelry, including but not limited to diamond watches, tourbillion watches and luxury jewelry accessories, OEM watches, and third-party watches. Geographically, it operates in Asia, the PRC, and Europe, with Asia deriving the majority of the revenue. It derives key revenue from the sale of branded watches.
Executives
Lin Zhiqiang 2201 Interest of corporation controlled by you
Visual Wise Limited 2101 Beneficial owner

Luxxu Group (HKSE:01327) Headlines

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