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Chinney Kin Wing Holdings (HKSE:01556) EBIT : HK$153 Mil (TTM As of Jun. 2024)


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What is Chinney Kin Wing Holdings EBIT?

Chinney Kin Wing Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$153 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chinney Kin Wing Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 11.07%. Chinney Kin Wing Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 27.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chinney Kin Wing Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -58.14%.


Chinney Kin Wing Holdings EBIT Historical Data

The historical data trend for Chinney Kin Wing 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.

Chinney Kin Wing Holdings EBIT Chart

Chinney Kin Wing Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.24 84.97 118.09 143.34 152.68

Chinney Kin Wing Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 73.01 52.78 90.56 65.37 87.31

Competitive Comparison of Chinney Kin Wing Holdings's EBIT

For the Engineering & Construction subindustry, Chinney Kin Wing 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.


Chinney Kin Wing Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chinney Kin Wing Holdings's EV-to-EBIT distribution charts can be found below:

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


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Chinney Kin Wing 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$153 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.


Chinney Kin Wing Holdings  (HKSE:01556) EBIT Explanation

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

Chinney Kin Wing Holdings'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 )
=111.782 * ( 1 - 15.49% )/( (1215.794 + 490.799)/ 2 )
=94.4669682/853.2965
=11.07 %

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))
=1756.752 - 257.409 - ( 566.535 - max(0, 993.14 - 1276.689+566.535))
=1215.794

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))
=1922.15 - 1163.574 - ( 736.443 - max(0, 1164.433 - 1432.21+736.443))
=490.799

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:

Chinney Kin Wing Holdings'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 )
=130.736/( ( (479.942 + max(-686.365, 0)) + (480.754 + max(-926.788, 0)) )/ 2 )
=130.736/( ( 479.942 + 480.754 )/ 2 )
=130.736/480.348
=27.22 %

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)
=(297.575 + 0 + 9.2) - (257.409 + 0 + 735.731)
=-686.365

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(233.556 + 0 + 3.23) - (1163.574 + 0 + 0)
=-926.788

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=152.681/-262.621
=-58.14 %

* 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.


Chinney Kin Wing Holdings EBIT Related Terms

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Chinney Kin Wing Holdings Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Room 2308, 23rd Floor, Wing On centre, Hong Kong, HKG
Chinney Kin Wing Holdings Ltd is an investment holding company. The company's operating segment includes Foundation construction and ancillary services and Drilling and site investigation. It generates maximum revenue from the Foundation construction and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Singapore.

Chinney Kin Wing Holdings Headlines

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