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Regina Miracle International (Holdings) (HKSE:02199) EBIT : HK$515 Mil (TTM As of Sep. 2023)


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What is Regina Miracle International (Holdings) EBIT?

Regina Miracle International (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$290 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$515 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Regina Miracle International (Holdings)'s annualized ROC % for the quarter that ended in Sep. 2023 was 6.07%. Regina Miracle International (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Regina Miracle International (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 7.32%.


Regina Miracle International (Holdings) EBIT Historical Data

The historical data trend for Regina Miracle International (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.

Regina Miracle International (Holdings) EBIT Chart

Regina Miracle International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 392.22 475.92 270.26 766.66 749.75

Regina Miracle International (Holdings) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 365.17 401.48 524.07 225.68 289.75

Competitive Comparison of Regina Miracle International (Holdings)'s EBIT

For the Apparel Manufacturing subindustry, Regina Miracle International (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.


Regina Miracle International (Holdings)'s EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s EV-to-EBIT falls into.



Regina Miracle International (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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$515 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.


Regina Miracle International (Holdings)  (HKSE:02199) EBIT Explanation

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

Regina Miracle International (Holdings)'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 )
=575.876 * ( 1 - 20.89% )/( (7496.035 + 7519.215)/ 2 )
=455.5755036/7507.625
=6.07 %

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))
=8682.29 - 511.227 - ( 675.028 - max(0, 1318.808 - 2904.378+675.028))
=7496.035

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))
=8472.737 - 492.675 - ( 460.847 - max(0, 1379.477 - 2916.149+460.847))
=7519.215

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:

Regina Miracle International (Holdings)'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 )
=579.5/( ( (4724.663 + max(1217.377, 0)) + (4774.328 + max(1364.49, 0)) )/ 2 )
=579.5/( ( 5942.04 + 6138.818 )/ 2 )
=579.5/6040.429
=9.59 %

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)
=(710.534 + 1437.829 + 6.6399999999999) - (511.227 + 0 + 426.399)
=1217.377

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1078.957 + 1254.033 + 3.2069999999999) - (492.675 + 0 + 479.032)
=1364.49

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:

Regina Miracle International (Holdings)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=515.43/7038.269
=7.32 %

* 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.


Regina Miracle International (Holdings) EBIT Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Traded in Other Exchanges
Address
63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG
Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.
Executives
Regent Marvel Investment Holdings Limited 2101 Beneficial owner
Choy King Ngor 2202 Interest of your spouse
Hung Yau Lit 2201 Interest of corporation controlled by you
King Terrace Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

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