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China Haisheng Juice Holdings Co (HKSE:00359) EBIT : HK$28 Mil (TTM As of Jun. 2021)


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What is China Haisheng Juice Holdings Co EBIT?

China Haisheng Juice Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2021 was HK$-76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was HK$28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Haisheng Juice Holdings Co's annualized ROC % for the quarter that ended in Jun. 2021 was -2.45%. China Haisheng Juice Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -1.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Haisheng Juice Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 0.38%.


China Haisheng Juice Holdings Co EBIT Historical Data

The historical data trend for China Haisheng Juice Holdings 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.

China Haisheng Juice Holdings Co EBIT Chart

China Haisheng Juice Holdings Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.44 351.86 232.29 157.74 96.42

China Haisheng Juice Holdings Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -3.24 160.92 -7.01 104.01 -75.55

Competitive Comparison of China Haisheng Juice Holdings Co's EBIT

For the Beverages - Non-Alcoholic subindustry, China Haisheng Juice Holdings 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.


China Haisheng Juice Holdings Co's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Haisheng Juice Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Haisheng Juice Holdings Co's EV-to-EBIT falls into.



China Haisheng Juice Holdings 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$28 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.


China Haisheng Juice Holdings Co  (HKSE:00359) EBIT Explanation

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

China Haisheng Juice Holdings Co's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=-349.532 * ( 1 - -0.28% )/( (13522.316 + 15128.535)/ 2 )
=-350.5106896/14325.4255
=-2.45 %

where

Invested Capital(Q: Dec. 2020 )
=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))
=12682.12 - 2047.535 - ( 268.218 - max(0, 4771.912 - 1884.181+268.218))
=13522.316

Invested Capital(Q: Jun. 2021 )
=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))
=13703.617 - 2070.985 - ( 223.562 - max(0, 5549.15 - 2053.247+223.562))
=15128.535

Note: The Operating Income data used here is two times the semi-annual (Jun. 2021) data.

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

China Haisheng Juice Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-151.104/( ( (10676.948 + max(-916.548, 0)) + (11521.905 + max(-955.123, 0)) )/ 2 )
=-151.104/( ( 10676.948 + 11521.905 )/ 2 )
=-151.104/11099.4265
=-1.36 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(272.495 + 916.013 + 212.585) - (2047.535 + 0 + 270.106)
=-916.548

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(192.961 + 1040.17 + 200.529) - (2070.985 + 0 + 317.798)
=-955.123

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

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

China Haisheng Juice Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2021 )
=28.455/7447.737
=0.38 %

* 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.


China Haisheng Juice Holdings Co EBIT Related Terms

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China Haisheng Juice Holdings Co (HKSE:00359) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Room B, 3rd Floor, Eton Building, Hong Kong, HKG
China Haisheng Juice Holdings Co Ltd is a Hong Kong-based investment holding company. The company is principally engaged in fruit juice and agriculture businesses. The group has two operating segments: Fruit juice operation segment that manufactures and sells fruit juice concentrate and related products; and the Agriculture operation segment involves plantation and sale of apple saplings, apple and other fruits. The group has a global business presence from which key revenue is derived from the PRC.
Executives
Gao Liang 2202 Interest of your spouse
Xie Haiyan 2202 Interest of your spouse

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