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Haina Intelligent Equipment International Holdings (HKSE:01645) EBIT : HK$-38.5 Mil (TTM As of Dec. 2023)


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What is Haina Intelligent Equipment International Holdings EBIT?

Haina Intelligent Equipment International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-23.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-38.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Haina Intelligent Equipment International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.08%. Haina Intelligent Equipment International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Haina Intelligent Equipment International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.53%.


Haina Intelligent Equipment International Holdings EBIT Historical Data

The historical data trend for Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International Holdings EBIT Chart

Haina Intelligent Equipment International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 41.38 76.55 35.24 -3.58 -38.50

Haina Intelligent Equipment International Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.08 -3.43 -0.32 -15.23 -23.27

Competitive Comparison of Haina Intelligent Equipment International Holdings's EBIT

For the Specialty Industrial Machinery subindustry, Haina Intelligent Equipment International 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.


Haina Intelligent Equipment International Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haina Intelligent Equipment International Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Haina Intelligent Equipment International Holdings's EV-to-EBIT falls into.



Haina Intelligent Equipment International 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-38.5 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.


Haina Intelligent Equipment International Holdings  (HKSE:01645) EBIT Explanation

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

Haina Intelligent Equipment International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0.382 * ( 1 - 1.48% )/( (443.395 + 470.586)/ 2 )
=0.3763464/456.9905
=0.08 %

where

Invested Capital(Q: Jun. 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))
=674.84 - 105.268 - ( 126.177 - max(0, 316.509 - 546.573+126.177))
=443.395

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))
=741.098 - 198.455 - ( 72.057 - max(0, 394.517 - 508.088+72.057))
=470.586

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Haina Intelligent Equipment International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-46.54/( ( (119.885 + max(169.316, 0)) + (217.467 + max(126.157, 0)) )/ 2 )
=-46.54/( ( 289.201 + 343.624 )/ 2 )
=-46.54/316.4125
=-14.71 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.421 + 274.099 + 21.876) - (105.268 + 0 + 145.812)
=169.316

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.979 + 271.458 + 77.501) - (198.455 + 0 + 104.326)
=126.157

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Haina Intelligent Equipment International Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-38.495/848.850
=-4.53 %

* 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.


Haina Intelligent Equipment International Holdings EBIT Related Terms

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Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Traded in Other Exchanges
N/A
Address
Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN
Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.
Executives
Chang Chi Hsung 2201 Interest of corporation controlled by you
He Ziping
Hong Yiyuan
Su Chengya
Zhang Zhixiong
Prestige Name International Limited 2101 Beneficial owner

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