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Heng Hup Holdings (HKSE:01891) EBIT : HK$53 Mil (TTM As of Jun. 2024)


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What is Heng Hup Holdings EBIT?

Heng Hup Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heng Hup Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.75%. Heng Hup Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heng Hup Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 22.03%.


Heng Hup Holdings EBIT Historical Data

The historical data trend for Heng Hup 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.

Heng Hup Holdings EBIT Chart

Heng Hup Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 23.74 25.86 68.81 11.87 31.09

Heng Hup Holdings Semi-Annual Data
Dec15 Dec16 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 23.65 -11.54 10.28 20.90 31.70

Competitive Comparison of Heng Hup Holdings's EBIT

For the Metal Fabrication subindustry, Heng Hup 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.


Heng Hup Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heng Hup Holdings's EV-to-EBIT distribution charts can be found below:

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


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Heng Hup 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$53 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.


Heng Hup Holdings  (HKSE:01891) EBIT Explanation

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

Heng Hup 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 )
=63.07 * ( 1 - 37.05% )/( (519.392 + 505.077)/ 2 )
=39.702565/512.2345
=7.75 %

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))
=640.655 - 88.191 - ( 33.072 - max(0, 251.459 - 504.084+33.072))
=519.392

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:

Heng Hup 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 )
=63.396/( ( (123.139 + max(364.642, 0)) + (126.58 + max(344.834, 0)) )/ 2 )
=63.396/( ( 487.781 + 471.414 )/ 2 )
=63.396/479.5975
=13.22 %

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)
=(311.8 + 114.049 + 41.473) - (88.191 + 0 + 14.489)
=364.642

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(296.553 + 115.622 + 42.041) - (94.405 + 0 + 14.977)
=344.834

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=52.602/238.826
=22.03 %

* 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.


Heng Hup Holdings EBIT Related Terms

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Heng Hup Holdings Business Description

Traded in Other Exchanges
N/A
Address
A-10-09, Oasis Square, Jalan PJU 1A/7A, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading scrap ferrous metals, used batteries, waste paper, Iron Ore, and other scraps. Its only operating segment is the trading of recycling materials. Geographically, it derives revenue from Malaysia.
Executives
Juan Sook Fong 2202 Interest of your spouse
Koo Lee Ching 2202 Interest of your spouse
Loh Hui Mei 2202 Interest of your spouse
Peong Ai Teen 2202 Interest of your spouse
Sia Keng Leong 2201 Interest of corporation controlled by you
Sia Kok Chin 2201 Interest of corporation controlled by you
Sia Kok Chong 2201 Interest of corporation controlled by you
Sia Kok Heong 2201 Interest of corporation controlled by you
Sia Kok Seng 2201 Interest of corporation controlled by you
Yang Mei Feng 2202 Interest of your spouse
5s Holdings (bvi) Limited 2101 Beneficial owner
Poon Ka Ho Stanley

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