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Huisen Shares Group (HKSE:02127) EBIT : HK$-1,777 Mil (TTM As of Jun. 2024)


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What is Huisen Shares Group EBIT?

Huisen Shares Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-391 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-1,777 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huisen Shares Group's annualized ROC % for the quarter that ended in Jun. 2024 was -11.27%. Huisen Shares Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -14.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huisen Shares Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -209.89%.


Huisen Shares Group EBIT Historical Data

The historical data trend for Huisen Shares 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.

Huisen Shares Group EBIT Chart

Huisen Shares Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 806.78 1,317.27 463.39 298.10 -1,773.82

Huisen Shares Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 58.63 211.46 86.64 -390.68 -1,386.36

Competitive Comparison of Huisen Shares Group's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Huisen Shares 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.


Huisen Shares Group's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Huisen Shares Group's EV-to-EBIT distribution charts can be found below:

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


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Huisen Shares 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$-1,777 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.


Huisen Shares Group  (HKSE:02127) EBIT Explanation

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

Huisen Shares 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 )
=-686.522 * ( 1 - -0.08% )/( (6150.922 + 6042.388)/ 2 )
=-687.0712176/6096.655
=-11.27 %

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))
=7256.453 - 584.504 - ( 521.027 - max(0, 1390.09 - 3546.452+521.027))
=6150.922

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))
=6385.844 - 294.508 - ( 48.948 - max(0, 976.491 - 2703.65+48.948))
=6042.388

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:

Huisen Shares 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 )
=-781.368/( ( (3268.44 + max(2169.951, 0)) + (3270.874 + max(2359.782, 0)) )/ 2 )
=-781.368/( ( 5438.391 + 5630.656 )/ 2 )
=-781.368/5534.5235
=-14.12 %

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)
=(1669.681 + 960.072 + 124.702) - (584.504 + 0 + -2.2737367544323E-13)
=2169.951

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1298.954 + 992.555 + 362.781) - (294.508 + 0 + 0)
=2359.782

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1777.041/846.666
=-209.89 %

* 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.


Huisen Shares Group EBIT Related Terms

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Huisen Shares Group Business Description

Traded in Other Exchanges
N/A
Address
Huisen Road,, Longnan Economic Technology Development Zone, Daluo Industrial Park, Jiangxi Province, Longnan, CHN
Huisen Shares Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.
Executives
So Kai Sing 2101 Beneficial owner
Pure Cypress Limited 2101 Beneficial owner
Zeng Ming 2201 Interest of corporation controlled by you
Zeng Ronghua 2202 Interest of your spouse
Goh Siok Teng 2201 Interest of corporation controlled by you
Yggies World Pte. Ltd. 2101 Beneficial owner
Kwok Hong Yiew 2201 Interest of corporation controlled by you
Kwok Properties Pte. Ltd. 2101 Beneficial owner

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