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Wuhan HL Engineering Tool Co (BJSE:836942) EBIT : ¥53.7 Mil (TTM As of Sep. 2024)


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What is Wuhan HL Engineering Tool Co EBIT?

Wuhan HL Engineering Tool Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥12.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥53.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wuhan HL Engineering Tool Co's annualized ROC % for the quarter that ended in Sep. 2024 was 12.27%. Wuhan HL Engineering Tool Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wuhan HL Engineering Tool Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.97%.


Wuhan HL Engineering Tool Co EBIT Historical Data

The historical data trend for Wuhan HL Engineering Tool Co'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.

Wuhan HL Engineering Tool Co EBIT Chart

Wuhan HL Engineering Tool Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.93 47.75 56.35 35.52 50.89

Wuhan HL Engineering Tool Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.34 18.99 5.50 16.69 12.56

Competitive Comparison of Wuhan HL Engineering Tool Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Wuhan HL Engineering Tool Co'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.


Wuhan HL Engineering Tool Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wuhan HL Engineering Tool Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuhan HL Engineering Tool Co's EV-to-EBIT falls into.


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Wuhan HL Engineering Tool Co 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥53.7 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.


Wuhan HL Engineering Tool Co  (BJSE:836942) EBIT Explanation

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

Wuhan HL Engineering Tool Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=48.344 * ( 1 - 13.06% )/( (342.683 + 342.59)/ 2 )
=42.0302736/342.6365
=12.27 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=646.666 - 141.235 - ( 162.748 - max(0, 166.91 - 576.112+162.748))
=342.683

Invested Capital(Q: Sep. 2024 )
=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))
=638.403 - 140.35 - ( 155.463 - max(0, 148.11 - 550.142+155.463))
=342.59

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Wuhan HL Engineering Tool Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=50.24/( ( (51.372 + max(193.603, 0)) + (58.024 + max(200.576, 0)) )/ 2 )
=50.24/( ( 244.975 + 258.6 )/ 2 )
=50.24/251.7875
=19.95 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(248.367 + 96.718 + 13.441) - (141.235 + 0 + 23.688)
=193.603

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.252 + 100.03 + 3.4560000000001) - (140.35 + 0 + 5.812)
=200.576

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Wuhan HL Engineering Tool Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=53.735/900.789
=5.97 %

* 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.


Wuhan HL Engineering Tool Co EBIT Related Terms

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Wuhan HL Engineering Tool Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Fortune 2nd Road, East Lake New Technology Development Zone, Hubei Province, Wuhan City, CHN, 430074
Wuhan HL Engineering Tool Co Ltd engages in research and development, manufacturing, sales, and service of various engineering rock-breaking drilling tools. The company's main products include various shield, TBM, pipe jacking tools; horizontal directional drilling tools (reamers, pilot bits, centralizers, pup joints, etc.), vertical reaming bits; pile rock breaking hobs, drill bits, Picks; down-the-hole drilling tools (impactors, drill bits, drill bits, drill pipes, etc.). The company's products are widely used in domestic and foreign subways, highway and railway tunnels, water diversion tunnels, urban comprehensive pipe galleries, oil and gas pipelines, pile foundation excavation, mining, and other projects.

Wuhan HL Engineering Tool Co Headlines

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