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Flying Financial Service Holdings (HKSE:08030) EBIT : HK$29.41 Mil (TTM As of Dec. 2023)


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What is Flying Financial Service Holdings EBIT?

Flying Financial Service Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was HK$-8.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$29.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flying Financial Service Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -64.98%. Flying Financial Service Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -592.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flying Financial Service Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 179.76%.


Flying Financial Service Holdings EBIT Historical Data

The historical data trend for Flying Financial Service 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.

Flying Financial Service Holdings EBIT Chart

Flying Financial Service Holdings 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 -776.21 -580.38 -324.93 10.71 29.59

Flying Financial Service Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.64 3.75 17.31 16.66 -8.30

Competitive Comparison of Flying Financial Service Holdings's EBIT

For the Asset Management subindustry, Flying Financial Service 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.


Flying Financial Service Holdings's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flying Financial Service Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Flying Financial Service Holdings's EV-to-EBIT falls into.



Flying Financial Service 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 quarterly data reported by the company within the most recent 12 months, which was HK$29.41 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.


Flying Financial Service Holdings  (HKSE:08030) EBIT Explanation

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

Flying Financial Service 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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-34.296 * ( 1 - -3.7% )/( (0 + 54.733)/ 1 )
=-35.564952/54.733
=-64.98 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Flying Financial Service 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-33.208/( ( (0 + max(0, 0)) + (5.609 + max(-40.459, 0)) )/ 1 )
=-33.208/( ( 0 + 5.609 )/ 1 )
=-33.208/5.609
=-592.05 %

where Working Capital is:

Working Capital(Q: Sep. 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)
=(0.135 + 0 + 3.324) - (39.12 + 0 + 4.798)
=-40.459

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Flying Financial Service Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=29.411/16.361
=179.76 %

* 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.


Flying Financial Service Holdings EBIT Related Terms

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Flying Financial Service Holdings (HKSE:08030) Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, Block C, Building 1, Shenzhen Software Industry Base, High-tech Industrial Park, Nanshan District, Shenzhen, CHN
Flying Financial Service Holdings Ltd is an investment holding company. The company's operating segments include Investment in property development projects; Operation of financial services platform; Provision of entrusted loan, pawn loan, other loan services, and financial consultation services, and Finance lease services. It generates maximum revenue from the Operation of financial services platform segment. Geographically, the company business has spread over Hong Kong and China. Most of its revenue is generated from China.
Executives
Yan Qinglin 2101 Beneficial owner
Niu Chengjun 2101 Beneficial owner
Zheng Weijing
Kimberland Credit Limited 2106 Person having a security interest in shares
Shi Andong 2201 Interest of corporation controlled by you
Ming Cheng Investments Limited

Flying Financial Service Holdings (HKSE:08030) Headlines

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