GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Texwinca Holdings Ltd (HKSE:00321) » Definitions » EBIT

Texwinca Holdings (HKSE:00321) EBIT : HK$303 Mil (TTM As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Texwinca Holdings EBIT?

Texwinca Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$177 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$303 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Texwinca Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was -0.25%. Texwinca Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Texwinca Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 41.96%.


Texwinca Holdings EBIT Historical Data

The historical data trend for Texwinca 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.

Texwinca Holdings EBIT Chart

Texwinca Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.67 450.08 232.86 110.50 212.99

Texwinca Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 169.46 -58.96 86.19 126.80 176.67

Competitive Comparison of Texwinca Holdings's EBIT

For the Textile Manufacturing subindustry, Texwinca 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.


Texwinca Holdings's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Texwinca Holdings's EV-to-EBIT distribution charts can be found below:

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


;
;

Texwinca 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$303 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.


Texwinca Holdings  (HKSE:00321) EBIT Explanation

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

Texwinca Holdings'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: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-15.668 * ( 1 - 24.69% )/( (4540.635 + 4780.02)/ 2 )
=-11.7995708/4660.3275
=-0.25 %

where

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))
=7108.158 - 976.391 - ( 1591.132 - max(0, 1414.704 - 4274.918+1591.132))
=4540.635

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))
=8301.215 - 951.801 - ( 2569.394 - max(0, 2489.74 - 5300.545+2569.394))
=4780.02

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

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

Texwinca Holdings'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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=353.342/( ( (2108.517 + max(1246.226, 0)) + (2277.967 + max(1290.629, 0)) )/ 2 )
=353.342/( ( 3354.743 + 3568.596 )/ 2 )
=353.342/3461.6695
=10.21 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(680.774 + 1541.213 + 5.4689999999991) - (976.391 + 0 + 4.8389999999999)
=1246.226

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(859.71 + 1366.482 + 24.531000000001) - (951.801 + 0 + 8.2929999999997)
=1290.629

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=303.468/723.196
=41.96 %

* 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.


Texwinca Holdings EBIT Related Terms

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


Texwinca Holdings Business Description

Traded in Other Exchanges
Address
223 Hing Fong Road, 16th Floor, Metroplaza, Tower II, Kwai Chung, New Territories, Hong Kong, HKG
Texwinca Holdings Ltd is a Hong Kong-based company. The company is principally engaged in the textile business, which refers to production, dyeing, and sale of knitted fabric and yarn garments, and the retail & distribution of casual apparel and accessories business, which means retailing and distribution of casual apparel and accessories. The textile business and the retail and distribution business jointly account for majority of the company's total revenue. The company is also involved in providing repair and maintenance services for motor vehicles, offering franchise services, and others. The company generates its revenue from Mainland China, the United States, Japan, Hong Kong, and other areas, with Mainland China being the largest revenue contributor.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Poon Bun Chak 2307 Founder of a discretionary trust who can infl
Fidelity Funds 2101 Beneficial owner
Edgbaston Investment Partners Llp 2102 Investment manager
Farrow Star Limited 2101 Beneficial owner
Poon's Holdings Limited 2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited 2301 Trustee

Texwinca Holdings Headlines

No Headlines