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Heng Leasing and Capital PCL (BKK:HENG) EBIT : ฿647 Mil (TTM As of Mar. 2024)


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What is Heng Leasing and Capital PCL EBIT?

Heng Leasing and Capital PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿647 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heng Leasing and Capital PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 1.71%. Heng Leasing and Capital PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heng Leasing and Capital PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.41%.


Heng Leasing and Capital PCL EBIT Historical Data

The historical data trend for Heng Leasing and Capital PCL'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.

Heng Leasing and Capital PCL EBIT Chart

Heng Leasing and Capital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 730.12 448.41 423.15 609.44 722.72

Heng Leasing and Capital PCL Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 157.12 139.21 177.57 248.83 81.56

Competitive Comparison of Heng Leasing and Capital PCL's EBIT

For the Credit Services subindustry, Heng Leasing and Capital PCL'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.


Heng Leasing and Capital PCL's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Heng Leasing and Capital PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heng Leasing and Capital PCL's EV-to-EBIT falls into.



Heng Leasing and Capital PCL 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿647 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.


Heng Leasing and Capital PCL  (BKK:HENG) EBIT Explanation

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

Heng Leasing and Capital PCL's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=326.232 * ( 1 - 19.98% )/( (15406.103 + 15156.378)/ 2 )
=261.0508464/15281.2405
=1.71 %

where

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))
=15673.196 - 247.461 - ( 480.147 - max(0, 4539.274 - 4558.906+480.147))
=15406.103

Invested Capital(Q: Mar. 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))
=15370.271 - 208.959 - ( 166.183 - max(0, 4419.57 - 4424.504+166.183))
=15156.378

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

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

Heng Leasing and Capital PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=326.232/( ( (364.189 + max(1539.161, 0)) + (396.813 + max(1555.631, 0)) )/ 2 )
=326.232/( ( 1903.35 + 1952.444 )/ 2 )
=326.232/1927.897
=16.92 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(309.595 + 0 + 1477.076) - (247.461 + 0 + 0.048999999999978)
=1539.161

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(324.685 + 0 + 1459.949) - (208.959 + 0 + 20.044)
=1555.631

When net working capital is negative, 0 is used.

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

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

Heng Leasing and Capital PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=647.161/14675.112
=4.41 %

* 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.


Heng Leasing and Capital PCL EBIT Related Terms

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Heng Leasing and Capital PCL (BKK:HENG) Business Description

Traded in Other Exchanges
N/A
Address
69 Moo 7, Tambon Sansai Noi, Amphur Sansai, Chiang Mai, THA, 50210
Heng Leasing and Capital PCL is engaged in the single operating segment of hire purchase and loan receivables. The operations are carried on in a single geographical area of Thailand.

Heng Leasing and Capital PCL (BKK:HENG) Headlines

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