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Wan Kei Group Holdings (HKSE:01718) EBIT : HK$-17.0 Mil (TTM As of Sep. 2023)


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What is Wan Kei Group Holdings EBIT?

Wan Kei Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$25.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-17.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wan Kei Group Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was 240.99%. Wan Kei Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 539.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wan Kei Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 28.76%.


Wan Kei Group Holdings EBIT Historical Data

The historical data trend for Wan Kei Group 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.

Wan Kei Group Holdings EBIT Chart

Wan Kei Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only -52.02 -52.28 0.40 -2.50 -35.41

Wan Kei Group 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 6.67 -9.17 6.66 -42.07 25.06

Competitive Comparison of Wan Kei Group Holdings's EBIT

For the Engineering & Construction subindustry, Wan Kei Group 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.


Wan Kei Group Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's EV-to-EBIT distribution charts can be found below:

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



Wan Kei Group 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$-17.0 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.


Wan Kei Group Holdings  (HKSE:01718) EBIT Explanation

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

Wan Kei Group 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 )
=48.592 * ( 1 - 10.24% )/( (19.231 + 16.966)/ 2 )
=43.6161792/18.0985
=240.99 %

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))
=354.084 - 233.242 - ( 116.478 - max(0, 234.216 - 335.827+116.478))
=19.231

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))
=374.55 - 234.99 - ( 127.489 - max(0, 236.311 - 358.905+127.489))
=16.966

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:

Wan Kei Group 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 )
=50.124/( ( (9.407 + max(-215.779, 0)) + (9.192 + max(-208.748, 0)) )/ 2 )
=50.124/( ( 9.407 + 9.192 )/ 2 )
=50.124/9.2995
=539.00 %

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)
=(17.463 + 0 + 0) - (233.242 + 0 + 2.8421709430404E-14)
=-215.779

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.242 + 0 + 0) - (234.99 + 0 + 0)
=-208.748

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-17.009/-59.131
=28.76 %

* 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.


Wan Kei Group Holdings EBIT Related Terms

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Wan Kei Group Holdings (HKSE:01718) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG
Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.
Executives
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Chu Yuet Wah 2201 Interest of corporation controlled by you
Samwood Global Limited 2103 Interests held jointly with another person
Suntecli Company Limited 2101 Beneficial owner
Chan Sui Yau 2202 Interest of your spouse
Fong Hon Hung 2103 Interests held jointly with another person
Kwong Sui Sim 2202 Interest of your spouse
Lau Woon Si 2201 Interest of corporation controlled by you
Leung Man Lun Stephen 2103 Interests held jointly with another person
So Choi 2202 Interest of your spouse
Coast International Asset Management Limited 2102 Investment manager

Wan Kei Group Holdings (HKSE:01718) Headlines

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