GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zibuyu Group Ltd (HKSE:02420) » Definitions » EBIT

Zibuyu Group (HKSE:02420) EBIT : HK$-260 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Zibuyu Group EBIT?

Zibuyu Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-277 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-260 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zibuyu Group's annualized ROC % for the quarter that ended in Dec. 2023 was -95.41%. Zibuyu Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -100.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zibuyu Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -13.74%.


Zibuyu Group EBIT Historical Data

The historical data trend for Zibuyu 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.

Zibuyu Group EBIT Chart

Zibuyu Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
112.56 175.12 299.64 157.83 -260.13

Zibuyu Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial 128.79 91.72 70.45 17.21 -277.34

Competitive Comparison of Zibuyu Group's EBIT

For the Internet Retail subindustry, Zibuyu 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.


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

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

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



Zibuyu 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$-260 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.


Zibuyu Group  (HKSE:02420) EBIT Explanation

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

Zibuyu 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 )
=-563.606 * ( 1 - -7.06% )/( (777.217 + 487.66)/ 2 )
=-603.3965836/632.4385
=-95.41 %

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))
=1464.888 - 343.622 - ( 344.049 - max(0, 579.651 - 1353.646+344.049))
=777.217

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))
=977.189 - 186.033 - ( 303.496 - max(0, 436.737 - 917.757+303.496))
=487.66

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:

Zibuyu 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 )
=-554.672/( ( (80.897 + max(605.549, 0)) + (48.017 + max(366.661, 0)) )/ 2 )
=-554.672/( ( 686.446 + 414.678 )/ 2 )
=-554.672/550.562
=-100.75 %

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)
=(217.838 + 763.967 + 10.875) - (343.622 + 0 + 43.509)
=605.549

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(152.209 + 436.908 + 14.119) - (186.033 + 0 + 50.542)
=366.661

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-260.131/1892.566
=-13.74 %

* 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.


Zibuyu Group EBIT Related Terms

Thank you for viewing the detailed overview of Zibuyu Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Zibuyu Group (HKSE:02420) Business Description

Traded in Other Exchanges
N/A
Address
Room 410, No. 108, Xincheng Road, Nanyuan Street, Linping District, Zhejiang Province, Hangzhou, CHN
Zibuyu Group Ltd is an investment holding company and its subsidiaries are engaged in focusing on the sale of apparel and footwear products through third-party e-commerce platforms across china. It designs apparel, footwear and other products, procure products manufactured in accordance with its design and on OEM basis from selected OEM suppliers, and subsequently sell such products to customers globally through a combination of third-party e-commerce platforms and its self-operated online stores. Its sales channels consisted of Amazon, Wish, other third-party e-commerce platforms such as eBay and AliExpress, and its self-operated online stores.
Executives
Wang Shijian
Hua Bingru 2201 Interest of corporation controlled by you
Yu Feng 2201 Interest of corporation controlled by you
Gfxtmyun Limited
Hone Ru Enterprise Limited
Tongmingyun One Limited
Chichiboy Holdings Limited
Rao Xingxing
Xringirl Limited
Tongmingyun Three Limited
Hyufeng Limited
Wiloru Holdings Limited

Zibuyu Group (HKSE:02420) Headlines

No Headlines