Fire Rock Holdings (HKSE:01909) EBIT : HK$589.9 Mil (TTM As of Dec. 2023)

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What is Fire Rock Holdings EBIT?

Fire Rock Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-15.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$589.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fire Rock Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -38.06%. Fire Rock Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -288.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fire Rock Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 140.87%.

Fire Rock Holdings EBIT Historical Data

The historical data trend for Fire Rock 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.

Fire Rock Holdings EBIT Chart

Fire Rock Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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282.55

471.93

-1,094.06

62.69

589.93

Fire Rock Holdings Semi-Annual Data
	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														-1,430.82	30.98	31.72	605.74	-15.82

Competitive Comparison of Fire Rock Holdings's EBIT

For the Electronic Gaming & Multimedia subindustry, Fire Rock 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.

Fire Rock Holdings's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fire Rock Holdings's EV-to-EBIT distribution charts can be found below:

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

Fire Rock 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$589.9 Mil.

Fire Rock Holdings (HKSE:01909) EBIT Explanation

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

Fire Rock Holdings'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 )
=	-21.058 * ( 1 - -24.71% )	/	( (0	+	69.005)	/ 1 )
=	-26.2614318	/	69.005
=	-38.06 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	160.873	-	6.376	-	( 85.492	-	max(0, 18.305	-	109.509	+	85.492	))
=	69.005

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:

Fire Rock Holdings'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 )
=	-31.63	/	( ( (0 + max(0, 0))	+	(6.249 + max(4.698, 0)) )	/	1 )
=	-31.63	/	( ( 0	+	10.947 )	/	1 )
=	-31.63	/	10.947
=	-288.94 %

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)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.645	+	0	+	1.65)	-	(6.376	+	0	+	11.221)
=	4.698

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	589.927	/	418.763
	=	140.87 %

Fire Rock Holdings EBIT Related Terms

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Fire Rock Holdings (HKSE:01909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fire Rock Holdings Ltd (HKSE:01909) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Science Park Road, Unit 02–25 Teletech Park, Singapore, SGP, 117674

Website

http://www.firerock.hk

Fire Rock Holdings Ltd is an investment holding company engaged in the development of browser and mobile games. It is also involved in game design, programming, and graphics and licensing game products to other game operators. Its segments are Game & software development and Game operation. The company offers games in different language versions. The games of the company include g-game, number drop, kings and legends, heroines of three kingdoms and hero's crown, and much more. Its geographical segments are the People's Republic of China, Europe, Asia Pacific, and North America.

Executives

Zhang Yan	2201 Interest of corporation controlled by you
Sulfulon International Limited	2101 Beneficial owner
Hu Po	2101 Beneficial owner
Zhang Xiongfeng	2101 Beneficial owner

Fire Rock Holdings (HKSE:01909) Headlines

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