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Evergreen Products Group (HKSE:01962) EBIT : HK$92 Mil (TTM As of Jun. 2024)


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What is Evergreen Products Group EBIT?

Evergreen Products Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evergreen Products Group's annualized ROC % for the quarter that ended in Jun. 2024 was 5.05%. Evergreen Products Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Evergreen Products Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.17%.


Evergreen Products Group EBIT Historical Data

The historical data trend for Evergreen Products Group'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.

Evergreen Products Group EBIT Chart

Evergreen Products Group 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 107.47 4.35 82.83 92.07 90.62

Evergreen Products Group 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 35.07 57.00 47.21 43.41 49.03

Competitive Comparison of Evergreen Products Group's EBIT

For the Household & Personal Products subindustry, Evergreen Products Group'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.


Evergreen Products Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Evergreen Products Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Evergreen Products Group's EV-to-EBIT falls into.



Evergreen Products Group 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$92 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.


Evergreen Products Group  (HKSE:01962) EBIT Explanation

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

Evergreen Products Group'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 )
=85.522 * ( 1 - 15.4% )/( (1446.068 + 1416.801)/ 2 )
=72.351612/1431.4345
=5.05 %

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))
=1631.566 - 94.915 - ( 90.583 - max(0, 734.054 - 984.57+90.583))
=1446.068

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))
=1594.738 - 73.963 - ( 103.974 - max(0, 719.118 - 971.931+103.974))
=1416.801

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:

Evergreen Products Group'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 )
=98.06/( ( (588.153 + max(696.503, 0)) + (564.088 + max(695.057, 0)) )/ 2 )
=98.06/( ( 1284.656 + 1259.145 )/ 2 )
=98.06/1271.9005
=7.71 %

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)
=(214.926 + 521.359 + 123.865) - (94.915 + 0 + 68.732)
=696.503

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(226.779 + 496.276 + 117.204) - (73.963 + 0 + 71.239)
=695.057

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:

Evergreen Products Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=92.437/827.556
=11.17 %

* 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.


Evergreen Products Group EBIT Related Terms

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Evergreen Products Group Business Description

Traded in Other Exchanges
N/A
Address
30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, Hong Kong, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.
Executives
Seavi Advent Investments Ltd 2101 Beneficial owner
Clc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited 2101 Beneficial owner
Fc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Golden Evergreen Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Chang Yoe Chong Felix 2101 Beneficial owner
Wong Hor Yan 2202 Interest of your spouse
Chang Chih Lung 2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc 2102 Investment manager

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