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Best Pacific International Holdings (HKSE:02111) EBIT : HK$672 Mil (TTM As of Jun. 2024)


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What is Best Pacific International Holdings EBIT?

Best Pacific International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$368 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$672 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Best Pacific International Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 13.90%. Best Pacific International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 19.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Best Pacific International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.70%.


Best Pacific International Holdings EBIT Historical Data

The historical data trend for Best Pacific International 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.

Best Pacific International Holdings EBIT Chart

Best Pacific International Holdings 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 427.46 365.67 518.35 392.47 501.57

Best Pacific International Holdings Semi-Annual Data
Dec14 Jun15 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 Premium Member Only 218.69 173.78 197.12 304.45 367.93

Competitive Comparison of Best Pacific International Holdings's EBIT

For the Textile Manufacturing subindustry, Best Pacific International 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.


Best Pacific International Holdings's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Best Pacific International Holdings's EV-to-EBIT distribution charts can be found below:

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



Best Pacific International 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$672 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.


Best Pacific International Holdings  (HKSE:02111) EBIT Explanation

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

Best Pacific International 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 )
=677.902 * ( 1 - 12.66% )/( (4458.041 + 4062.861)/ 2 )
=592.0796068/4260.451
=13.90 %

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))
=5983.396 - 747.046 - ( 927.838 - max(0, 2102.501 - 2880.81+927.838))
=4458.041

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))
=5822.289 - 1002.616 - ( 756.812 - max(0, 1632.036 - 2789.378+756.812))
=4062.861

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:

Best Pacific International 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 )
=735.864/( ( (3015.109 + max(851.866, 0)) + (2889.568 + max(866.277, 0)) )/ 2 )
=735.864/( ( 3866.975 + 3755.845 )/ 2 )
=735.864/3811.41
=19.31 %

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)
=(724.938 + 1008.599 + 98.857) - (747.046 + 0 + 233.482)
=851.866

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(772.542 + 1050.728 + 79.625) - (1002.616 + 0 + 34.002)
=866.277

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=672.377/3798.214
=17.70 %

* 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.


Best Pacific International Holdings EBIT Related Terms

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Best Pacific International Holdings Business Description

Traded in Other Exchanges
Address
No. 9 Wing Hong Street, 38th Floor, Lai Chi Kok, Kowloon, HKG
Best Pacific International Holdings Ltd is a textile manufacturing company. The company, along with its subsidiaries, is a lingerie materials manufacturer that provides one-stop solutions through its comprehensive product line of both lingerie materials and sportswear materials. Its segments are the Manufacturing and trading of elastic fabric and lace and the Manufacturing and trading of elastic webbing. Manufacturing and trading of elastic fabric and lace segments derive maximum revenue for the company. The company's operations are spread across Hong Kong, the People's Republic of China, Sri Lanka, Vietnam, Taiwan, South Korea, Thailand, Bangladesh, Indonesia, Macau, and others.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Zhang Haitao 2202 Interest of your spouse
Zheng Tingting 2101 Beneficial owner
Fmr Llc 2201 Interest of corporation controlled by you
Mega Brilliant Enterprises Limited 2101 Beneficial owner
Fidelity Puritan Trust 2101 Beneficial owner
Lu Yuguang

Best Pacific International Holdings Headlines

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