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Wai Chi Holdings Co (HKSE:01305) EBIT : HK$94 Mil (TTM As of Jun. 2024)


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What is Wai Chi Holdings Co EBIT?

Wai Chi Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wai Chi Holdings Co's annualized ROC % for the quarter that ended in Jun. 2024 was 5.13%. Wai Chi Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wai Chi Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 26.23%.


Wai Chi Holdings Co EBIT Historical Data

The historical data trend for Wai Chi 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.

Wai Chi Holdings Co EBIT Chart

Wai Chi Holdings 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 69.85 58.80 96.85 99.36 76.74

Wai Chi Holdings 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 53.46 45.91 42.62 34.13 59.77

Competitive Comparison of Wai Chi Holdings Co's EBIT

For the Electronic Components subindustry, Wai Chi 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.


Wai Chi Holdings Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wai Chi Holdings Co's EV-to-EBIT distribution charts can be found below:

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



Wai Chi 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$94 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.


Wai Chi Holdings Co  (HKSE:01305) EBIT Explanation

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

Wai Chi Holdings 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 )
=55.748 * ( 1 - 12.55% )/( (822.755 + 1076.103)/ 2 )
=48.751626/949.429
=5.13 %

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))
=2398.723 - 1218.76 - ( 357.208 - max(0, 1526.446 - 1979.44+357.208))
=822.755

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))
=2698.537 - 1347.647 - ( 274.787 - max(0, 1743.571 - 2243.917+274.787))
=1076.103

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:

Wai Chi Holdings 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 )
=119.548/( ( (358.528 + max(208.527, 0)) + (395.172 + max(380.094, 0)) )/ 2 )
=119.548/( ( 567.055 + 775.266 )/ 2 )
=119.548/671.1605
=17.81 %

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)
=(880.858 + 265.803 + 312.747) - (1218.76 + 0 + 32.121)
=208.527

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(950.816 + 330.539 + 472.88) - (1347.647 + 0 + 26.494)
=380.094

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=93.902/357.978
=26.23 %

* 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.


Wai Chi Holdings Co EBIT Related Terms

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Wai Chi Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
63 King Yip Street, 6th Floor, Liven House, Kwun Tong, Kowloon, Hong Kong, HKG
Wai Chi Holdings Co Ltd engages in the manufacturing of light-emitting diode (LED) products for public and commercial use. It operates through the following segments: LED Backlight, LED Lighting, and Semiconductor memory chips. The LED backlight segment engages in the manufacturing and trading of LED backlight products in different sizes and applications. The LED lighting segment engages in the manufacturing and trading of LED lighting products for public and commercial use. The Semiconductor memory chips segment engages Provision of packaging and testing services and related product sourcing business. Geographically the company receives maximum revenue from the People's Republic of China.
Executives
Luk Fong 2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Yiu Chi To 2201 Interest of corporation controlled by you
Rui Shi Ke Ji You Xian Gong Si 2101 Beneficial owner

Wai Chi Holdings Co Headlines

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