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Hopewell Holdings (Hopewell Holdings) EBIT : $475.7 Mil (TTM As of Jun. 2018)


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What is Hopewell Holdings EBIT?

Hopewell Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2018 was $213.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was $475.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hopewell Holdings's annualized ROC % for the quarter that ended in Jun. 2018 was 1.29%. Hopewell Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was 465.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hopewell Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was 11.41%.


Hopewell Holdings EBIT Historical Data

The historical data trend for Hopewell 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.

Hopewell Holdings EBIT Chart

Hopewell Holdings Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 260.34 440.35 419.44 243.30 474.56

Hopewell Holdings Semi-Annual Data
Jun08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 185.17 154.72 89.37 261.98 213.73

Competitive Comparison of Hopewell Holdings's EBIT

For the Infrastructure Operations subindustry, Hopewell 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.


Hopewell Holdings's EV-to-EBIT Distribution in the Construction Industry

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

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



Hopewell 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $475.7 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.


Hopewell Holdings  (OTCPK:HOWWY) EBIT Explanation

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

Hopewell Holdings's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=84.13 * ( 1 - 5% )/( (6593.938 + 5839.778)/ 2 )
=79.9235/6216.858
=1.29 %

where

Invested Capital(Q: Dec. 2017 )
=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))
=7092.716 - 71.069 - ( 618.402 - max(0, 315.637 - 743.346+618.402))
=6593.938

Invested Capital(Q: Jun. 2018 )
=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))
=7166.678 - 72.668 - ( 1320.799 - max(0, 182.271 - 1436.503+1320.799))
=5839.778

Note: The Operating Income data used here is two times the semi-annual (Jun. 2018) data.

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

Hopewell Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=427.45/( ( (85.947 + max(-43.499, 0)) + (97.781 + max(-66.567, 0)) )/ 2 )
=427.45/( ( 85.947 + 97.781 )/ 2 )
=427.45/91.864
=465.31 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.868 + 61.011 + 59.065) - (71.069 + 0 + 97.374)
=-43.499

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.436 + 71.025 + 41.243) - (72.668 + 0 + 109.603)
=-66.567

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=475.703/4168.507
=11.41 %

* 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.


Hopewell Holdings EBIT Related Terms

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Hopewell Holdings (Hopewell Holdings) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road East, 64th Floor, Hopewell Centre, Wan Chai, Hong Kong, HKG
Hopewell Holdings Ltd is an investment and infrastructure company domiciled in Hong Kong. The company operates through seven segments: property investment; hotel, restaurant, and catering operation; property development; toll road investment; power plant; treasury income; and other operations. Toll road investment, the most significant contributor to revenue, invests in toll road projects. Property investment and property development are the next most significant segments, and let, manage, develop, and sell property investments. Power plant, which contributes a similar amount of revenue as property investment and property development, operates power plant assets. The company derives the majority of income domestically, and also operates in the People's Republic of China.

Hopewell Holdings (Hopewell Holdings) Headlines

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