GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hock Lok Siew Corporation Bhd (XKLS:7098) » Definitions » EBIT

Hock Lok Siew Bhd (XKLS:7098) EBIT : RM-23.35 Mil (TTM As of Sep. 2012)


View and export this data going back to . Start your Free Trial

What is Hock Lok Siew Bhd EBIT?

Hock Lok Siew Bhd's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2012 was RM2.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2012 was RM-23.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hock Lok Siew Bhd's annualized ROC % for the quarter that ended in Sep. 2012 was 34.64%. Hock Lok Siew Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was 247.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hock Lok Siew Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2012 was -5,132.75%.

Hock Lok Siew Bhd EBIT Historical Data

The historical data trend for Hock Lok Siew Bhd'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.

Hock Lok Siew Bhd EBIT Chart

Hock Lok Siew Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
EBIT
Get a 7-Day Free Trial 1.40 4.24 -6.49 -0.71 -23.01

Hock Lok Siew Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12
EBIT -22.41 -3.05 -0.86 2.97

Competitive Comparison of Hock Lok Siew Bhd's EBIT

For the Consumer Electronics subindustry, Hock Lok Siew Bhd'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.

Hock Lok Siew Bhd's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hock Lok Siew Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hock Lok Siew Bhd's EV-to-EBIT falls into.


Hock Lok Siew Bhd 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-23.35 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.

Hock Lok Siew Bhd  (XKLS:7098) EBIT Explanation

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

Hock Lok Siew Bhd's annualized ROC % for the quarter that ended in Sep. 2012 is calculated as:

ROC % (Q: Sep. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2012 ) + Invested Capital (Q: Sep. 2012 ))/ count )
=11.86 * ( 1 - 0% )/( (34.49 + 33.985)/ 2 )
=11.86/34.2375
=34.64 %

where

Invested Capital(Q: Jun. 2012 )
=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))
=15.736 - 3.418 - ( 0 - max(0, 27.53 - 5.358+0))
=34.49

Invested Capital(Q: Sep. 2012 )
=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))
=17.711 - 5.928 - ( 0.079 - max(0, 30.04 - 7.838+0.079))
=33.985

Note: The Operating Income data used here is four times the quarterly (Sep. 2012) data.

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

Hock Lok Siew Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2012  Q: Sep. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.86/( ( (4.754 + max(-16.683, 0)) + (4.821 + max(-16.792, 0)) )/ 2 )
=11.86/( ( 4.754 + 4.821 )/ 2 )
=11.86/4.7875
=247.73 %

where Working Capital is:

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1.678 + 3.68) - (3.418 + 0 + 18.623)
=-16.683

Working Capital(Q: Sep. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1.678 + 6.081) - (5.928 + 0 + 18.623)
=-16.792

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

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

Hock Lok Siew Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2012 )
=-23.354/0.455
=-5,132.75 %

* 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.

Hock Lok Siew Bhd EBIT Related Terms

Thank you for viewing the detailed overview of Hock Lok Siew Bhd's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Hock Lok Siew Bhd (XKLS:7098) Headlines

No Headlines