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Wecon Holdings (HKSE:01793) EBIT : HK$10 Mil (TTM As of Mar. 2024)


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What is Wecon Holdings EBIT?

Wecon Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was HK$4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wecon Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 0.68%. Wecon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 32.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wecon Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -15.54%.


Wecon Holdings EBIT Historical Data

The historical data trend for Wecon 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.

Wecon Holdings EBIT Chart

Wecon Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only 60.71 21.01 16.69 6.86 7.16

Wecon Holdings Semi-Annual Data
Mar16 Mar17 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 2.40 4.46 2.94 4.22 5.88

Competitive Comparison of Wecon Holdings's EBIT

For the Engineering & Construction subindustry, Wecon 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.


Wecon Holdings's EV-to-EBIT Distribution in the Construction Industry

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

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



Wecon 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$10 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.


Wecon Holdings  (HKSE:01793) EBIT Explanation

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

Wecon Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1.926 * ( 1 - 6.41% )/( (225.17 + 306.728)/ 2 )
=1.8025434/265.949
=0.68 %

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))
=594.187 - 190.982 - ( 96.477 - max(0, 311.933 - 554.276+96.477))
=306.728

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Wecon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.436/( ( (15.525 + max(19.672, 0)) + (16.57 + max(-30.349, 0)) )/ 2 )
=8.436/( ( 35.197 + 16.57 )/ 2 )
=8.436/25.8835
=32.59 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(176.757 + 0 + 34.19) - (191.275 + 0 + 0)
=19.672

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(228.294 + 0 + 47.542) - (190.982 + 0 + 115.203)
=-30.349

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=10.093/-64.951
=-15.54 %

* 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.


Wecon Holdings EBIT Related Terms

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Wecon Holdings Business Description

Traded in Other Exchanges
N/A
Address
244-252 Des Voeux Road Central, 18th Floor, Tung Hip Commercial Building, Hong Kong, HKG
Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Construction contracts and RMAA works services. The Construction contracts services provided by the group consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.
Executives
Triple Arch Limited 2101 Beneficial owner
Lai Yuk Lin Eliza 2202 Interest of your spouse
Tsang Ka Yip 2201 Interest of corporation controlled by you

Wecon Holdings Headlines

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