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XiangXing International Holding (HKSE:01732) EBIT : HK$26.9 Mil (TTM As of Jun. 2024)


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What is XiangXing International Holding EBIT?

XiangXing International Holding's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$11.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$26.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. XiangXing International Holding's annualized ROC % for the quarter that ended in Jun. 2024 was 8.82%. XiangXing International Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. XiangXing International Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 30.45%.


XiangXing International Holding EBIT Historical Data

The historical data trend for XiangXing 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.

XiangXing International Holding EBIT Chart

XiangXing International Holding 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 23.44 27.09 27.11 19.19 19.52

XiangXing International Holding Semi-Annual Data
Dec14 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 12.45 7.33 3.76 15.76 11.12

Competitive Comparison of XiangXing International Holding's EBIT

For the Integrated Freight & Logistics subindustry, XiangXing 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.


XiangXing International Holding's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XiangXing International Holding's EV-to-EBIT distribution charts can be found below:

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


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XiangXing 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$26.9 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.


XiangXing International Holding  (HKSE:01732) EBIT Explanation

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

XiangXing International Holding'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 )
=22.166 * ( 1 - 27.8% )/( (171.38 + 191.701)/ 2 )
=16.003852/181.5405
=8.82 %

where

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:

XiangXing International Holding'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 )
=22.248/( ( (31.186 + max(156.32, 0)) + (39.202 + max(165.737, 0)) )/ 2 )
=22.248/( ( 187.506 + 204.939 )/ 2 )
=22.248/196.2225
=11.34 %

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)
=(124.954 + 4.646 + 48.387) - (16.822 + 0 + 4.845)
=156.32

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.237 + 4.924 + 59.183) - (14.611 + 0 + 5.996)
=165.737

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=26.886/88.296
=30.45 %

* 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.


XiangXing International Holding EBIT Related Terms

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XiangXing International Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Jiangang Road, Xiamen Area (Bonded Port), China (Fujian) Pilot Free Trade Zone, Haicang District, Fujian Province, Xiamen City, CHN
XiangXing International Holding Ltd is an investment holding company. The operating segments of the group are Import and export agency services; Container and stone blocks road freight forwarding services; Intra-port ancillary services; Intra-port container transportation services; and Trading of building materials and automobile accessories. Geographically, the operations of the company are carried out in the PRC.
Executives
Cheng Youguo 2201 Interest of corporation controlled by you
Glory Fame Venture Limited 2101 Beneficial owner
Huang Meili 2202 Interest of your spouse

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