GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huasheng International Holding Ltd (HKSE:01323) » Definitions » EBIT

Huasheng International Holding (HKSE:01323) EBIT : HK$-27.9 Mil (TTM As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Huasheng International Holding EBIT?

Huasheng International Holding's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-13.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-27.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huasheng International Holding's annualized ROC % for the quarter that ended in Sep. 2024 was -0.09%. Huasheng International Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huasheng International Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -8.45%.


Huasheng International Holding EBIT Historical Data

The historical data trend for Huasheng International Holding'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.

Huasheng International Holding EBIT Chart

Huasheng International Holding 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 -34.97 45.40 53.90 -26.66 -8.45

Huasheng International Holding 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 -33.03 6.37 6.47 -14.92 -12.98

Competitive Comparison of Huasheng International Holding's EBIT

For the Building Materials subindustry, Huasheng International Holding'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.


Huasheng International Holding's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huasheng International Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Huasheng International Holding's EV-to-EBIT falls into.


;
;

Huasheng International Holding 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$-27.9 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.


Huasheng International Holding  (HKSE:01323) EBIT Explanation

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

Huasheng International Holding'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 )
=-1.028 * ( 1 - 4.36% )/( (1148.257 + 1159.738)/ 2 )
=-0.9831792/1153.9975
=-0.09 %

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))
=1635.979 - 324.362 - ( 163.36 - max(0, 460.804 - 1171.255+163.36))
=1148.257

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))
=1582.581 - 282.325 - ( 140.518 - max(0, 412.399 - 1103.403+140.518))
=1159.738

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:

Huasheng International Holding'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 )
=-25.962/( ( (40.906 + max(419.35, 0)) + (44.332 + max(443.439, 0)) )/ 2 )
=-25.962/( ( 460.256 + 487.771 )/ 2 )
=-25.962/474.0135
=-5.48 %

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)
=(619.939 + 8.002 + 124.092) - (324.362 + 0 + 8.3209999999999)
=419.35

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(586.056 + 9.296 + 140.531) - (282.325 + 0 + 10.119)
=443.439

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:

Huasheng International Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-27.903/330.282
=-8.45 %

* 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.


Huasheng International Holding EBIT Related Terms

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


Huasheng International Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Des Voeux Road Central, Suites 2301-03, 23rd Floor, Far East Consortium Building, Hong Kong, HKG
Huasheng International Holding Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating segments, Concrete Business; and Money Lending Business. It generates maximum revenue from the Concrete Business segment which is engaged in the production and sales of ready-mixed commercial concrete. Geographically, it derives a majority of its revenue from Mainland China and the rest from Hong Kong.
Executives
Capital Wealth Global Limited 2101 Beneficial owner
Chang Chia-hsiang 2201 Interest of corporation controlled by you
Lam Kwok Hung Raymond 2101 Beneficial owner
Tang Hon Kwong
Tsang Ngai Chun
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
China Development Financial Holding Corporation 2201 Interest of corporation controlled by you
Kgi Asia Limited 2106 Person having a security interest in shares
Kgi Securities Co. Ltd. 2201 Interest of corporation controlled by you
Wong Wai Sing 2201 Interest of corporation controlled by you
Shuang Xing Huan Qiu You Xian Gong Si 2101 Beneficial owner
Zhou Feng Tang

Huasheng International Holding Headlines

No Headlines