JX Luxventure (JX Luxventure) EBIT : $-39.02 Mil (TTM As of Jun. 2023)

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What is JX Luxventure EBIT?

JX Luxventure's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $2.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-39.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JX Luxventure's annualized ROC % for the quarter that ended in Jun. 2023 was 33.11%. JX Luxventure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 105.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JX Luxventure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -237.35%.

JX Luxventure EBIT Historical Data

The historical data trend for JX Luxventure'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.

JX Luxventure EBIT Chart

JX Luxventure Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-23.29

0.41

-1.00

-7.35

-55.38

JX Luxventure Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															-6.04	-1.30	-13.98	-41.41	2.39

Competitive Comparison of JX Luxventure's EBIT

For the Apparel Manufacturing subindustry, JX Luxventure'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.

JX Luxventure's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure's EV-to-EBIT distribution charts can be found below:

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

JX Luxventure 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-39.02 Mil.

JX Luxventure (NAS:JXJT) EBIT Explanation

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

JX Luxventure's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	4.67 * ( 1 - 0% )	/	( (14.416	+	13.789)	/ 2 )
=	4.67	/	14.1025
=	33.11 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	16.256	-	1.319	-	( 0.521	-	max(0, 3.93	-	6.467	+	0.521	))
=	14.416

	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	))
=	18.605	-	4.383	-	( 0.433	-	max(0, 4.383	-	12.097	+	0.433	))
=	13.789

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

JX Luxventure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4.778	/	( ( (2.79 + max(1.308, 0))	+	(2.508 + max(2.491, 0)) )	/	2 )
=	4.778	/	( ( 4.098	+	4.999 )	/	2 )
=	4.778	/	4.5485
=	105.05 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.445	+	2.182)	-	(1.319	+	0	+	0)
=	1.308

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.376	+	5.498	+	-1.7763568394003E-15)	-	(4.383	+	0	+	0)
=	2.491

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

JX Luxventure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-39.018	/	16.439
	=	-237.35 %

JX Luxventure EBIT Related Terms

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JX Luxventure (JX Luxventure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JX Luxventure Ltd (NAS:JXJT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KBP0:Germany

Address

Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website

https://www.jxluxventure.com

JX Luxventure Ltd is engaged in the business of menswear, cross-border merchandise, airfare, and tourism. The company operates in three segments Tourism products, Technology and Cross- board merchandise. The majority of the group revenue is generated from the Tourism products.