GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hengan International Group Co Ltd (OTCPK:HEGIF) » Definitions » EBIT

HEGIF (Hengan International Group Co) EBIT : $613 Mil (TTM As of Jun. 2024)


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

What is Hengan International Group Co EBIT?

Hengan International Group Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $279 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $613 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hengan International Group Co's annualized ROC % for the quarter that ended in Jun. 2024 was 7.13%. Hengan International Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 35.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hengan International Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.98%.


Hengan International Group Co EBIT Historical Data

The historical data trend for Hengan International Group 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.

Hengan International Group Co EBIT Chart

Hengan International Group 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 827.23 1,018.81 750.24 471.57 593.89

Hengan International Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 304.32 179.32 259.65 333.48 279.16

Competitive Comparison of Hengan International Group Co's EBIT

For the Household & Personal Products subindustry, Hengan International Group 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.


Hengan International Group Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hengan International Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hengan International Group Co's EV-to-EBIT falls into.



Hengan International Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $613 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.


Hengan International Group Co  (OTCPK:HEGIF) EBIT Explanation

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

Hengan International Group Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=403.586 * ( 1 - 19.16% )/( (4058.718 + 5094.465)/ 2 )
=326.2589224/4576.5915
=7.13 %

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))
=5632.321 - 488.245 - ( 2547.54 - max(0, 2669.433 - 3754.791+2547.54))
=4058.718

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))
=6400.002 - 420.144 - ( 2897.943 - max(0, 3137.878 - 4023.271+2897.943))
=5094.465

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Hengan International Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=558.31/( ( (1293.499 + max(272.277, 0)) + (1280.18 + max(327.456, 0)) )/ 2 )
=558.31/( ( 1565.776 + 1607.636 )/ 2 )
=558.31/1586.706
=35.19 %

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)
=(379.765 + 609.512 + 1.5700000000002) - (488.245 + 0 + 230.325)
=272.277

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(381.471 + 564.175 + 1.212) - (420.144 + 0 + 199.258)
=327.456

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Hengan International Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=612.63/3407.407
=17.98 %

* 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.


Hengan International Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Hengan International Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hengan International Group Co Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (close to 60% of sales), sanitary napkins (26% of sales), disposable diapers (5% of sales), and others.

Hengan International Group Co Headlines

From GuruFocus

Yacktman Focused Fund Comments on Hengan

By Sydnee Gatewood Sydnee Gatewood 11-03-2020

Yacktman Funds' New Stock Buys and Adds in Q1

By Holly LaFon Holly LaFon 04-16-2014

Yacktman Funds Comments on Hengan

By Holly LaFon Holly LaFon 05-04-2016

Donald Yacktman Boosts Stake in Hengan International Group

By Kyle Ferguson Kyle Ferguson 04-25-2016

Donald Yacktman Comments on Hengan

By Holly LaFon Holly LaFon 02-08-2016