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Tak Lee Machinery Holdings (HKSE:02102) EBIT : HK$13.0 Mil (TTM As of Jan. 2024)


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What is Tak Lee Machinery Holdings EBIT?

Tak Lee Machinery Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was HK$10.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was HK$13.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tak Lee Machinery Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was 3.71%. Tak Lee Machinery Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tak Lee Machinery Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 11.05%.


Tak Lee Machinery Holdings EBIT Historical Data

The historical data trend for Tak Lee Machinery 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.

Tak Lee Machinery Holdings EBIT Chart

Tak Lee Machinery Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only 50.70 68.21 62.37 54.23 9.60

Tak Lee Machinery Holdings Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 20.78 33.45 7.18 2.42 10.63

Competitive Comparison of Tak Lee Machinery Holdings's EBIT

For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.


Tak Lee Machinery Holdings's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's EV-to-EBIT distribution charts can be found below:

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



Tak Lee Machinery 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$13.0 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.


Tak Lee Machinery Holdings  (HKSE:02102) EBIT Explanation

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

Tak Lee Machinery Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=19.558 * ( 1 - 16.09% )/( (435.905 + 448.259)/ 2 )
=16.4111178/442.082
=3.71 %

where

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

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

Tak Lee Machinery Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.252/( ( (173.914 + max(238.34, 0)) + (152.962 + max(263.641, 0)) )/ 2 )
=21.252/( ( 412.254 + 416.603 )/ 2 )
=21.252/414.4285
=5.13 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.085 + 145.602 + 13.13) - (16.275 + 0 + 7.202)
=238.34

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.581 + 183.901 + 0.75399999999996) - (16.145 + 0 + 1.45)
=263.641

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=13.045/118.100
=11.05 %

* 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.


Tak Lee Machinery Holdings EBIT Related Terms

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Tak Lee Machinery Holdings (HKSE:02102) Business Description

Traded in Other Exchanges
N/A
Address
D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The company's operating segment includes Sales of heavy equipment and spare parts; Lease of heavy equipment and Maintenance and ancillary services. It generates maximum revenue from the Sales of heavy equipment and spare parts segment which includes trading of heavy equipment and spare parts in Hong Kong. Geographically, it derives revenue from Hong Kong.

Tak Lee Machinery Holdings (HKSE:02102) Headlines

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