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Sun Hung Kai Properties (Sun Hung Kai Properties) EBIT : $4,161 Mil (TTM As of Dec. 2023)


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What is Sun Hung Kai Properties EBIT?

Sun Hung Kai Properties's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $1,654 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $4,161 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sun Hung Kai Properties's annualized ROC % for the quarter that ended in Dec. 2023 was 2.40%. Sun Hung Kai Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sun Hung Kai Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.48%.


Sun Hung Kai Properties EBIT Historical Data

The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties EBIT Chart

Sun Hung Kai Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,274.34 4,263.04 5,044.39 4,319.77 4,031.02

Sun Hung Kai Properties Semi-Annual Data
Jun14 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 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 2,575.33 1,760.55 1,533.64 2,506.70 1,654.46

Competitive Comparison of Sun Hung Kai Properties's EBIT

For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.


Sun Hung Kai Properties's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai Properties's EV-to-EBIT falls into.



Sun Hung Kai Properties 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 $4,161 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.


Sun Hung Kai Properties  (OTCPK:SUHJY) EBIT Explanation

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

Sun Hung Kai Properties'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 )
=2705.062 * ( 1 - 13.55% )/( (95845.526 + 98718.661)/ 2 )
=2338.526099/97282.0935
=2.40 %

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))
=102896.847 - 5022.724 - ( 2028.597 - max(0, 6819.099 - 30994.893+2028.597))
=95845.526

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))
=104501.396 - 4674.64 - ( 1108.095 - max(0, 8334.656 - 31333.069+1108.095))
=98718.661

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:

Sun Hung Kai Properties'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 )
=3308.92/( ( (6021.703 + max(21980.849, 0)) + (6276.089 + max(23217.113, 0)) )/ 2 )
=3308.92/( ( 28002.552 + 29493.202 )/ 2 )
=3308.92/28747.877
=11.51 %

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)
=(487.425 + 27082.344 + 95.747999999996) - (5022.724 + 0 + 661.944)
=21980.849

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(485.672 + 28205.588 + 74.649999999998) - (4674.64 + 0 + 874.157)
=23217.113

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:

Sun Hung Kai Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4161.162/43901.624
=9.48 %

* 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.


Sun Hung Kai Properties EBIT Related Terms

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Sun Hung Kai Properties (Sun Hung Kai Properties) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (Sun Hung Kai Properties) Headlines

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