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Hop Fung Group Holdings (HKSE:02320) EBIT : HK$-83.2 Mil (TTM As of Jun. 2024)


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What is Hop Fung Group Holdings EBIT?

Hop Fung Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-42.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-83.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hop Fung Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -9.12%. Hop Fung Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -11.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hop Fung Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -75.43%.


Hop Fung Group Holdings EBIT Historical Data

The historical data trend for Hop Fung Group 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.

Hop Fung Group Holdings EBIT Chart

Hop Fung Group 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 -14.53 15.32 -470.60 -185.05 -96.91

Hop Fung Group 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 -78.61 -106.44 -56.55 -40.36 -42.87

Competitive Comparison of Hop Fung Group Holdings's EBIT

For the Packaging & Containers subindustry, Hop Fung Group 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.


Hop Fung Group Holdings's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hop Fung Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hop Fung Group Holdings's EV-to-EBIT falls into.


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Hop Fung Group 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$-83.2 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.


Hop Fung Group Holdings  (HKSE:02320) EBIT Explanation

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

Hop Fung Group 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 )
=-88.322 * ( 1 - 2.28% )/( (996.145 + 896.17)/ 2 )
=-86.3082584/946.1575
=-9.12 %

where

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:

Hop Fung Group 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 )
=-85.732/( ( (752.498 + max(-27.609, 0)) + (706.788 + max(-34.331, 0)) )/ 2 )
=-85.732/( ( 752.498 + 706.788 )/ 2 )
=-85.732/729.643
=-11.75 %

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)
=(37.828 + 22.068 + 7.665) - (48.412 + 0 + 46.758)
=-27.609

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.267 + 15.836 + 6.024) - (48.254 + 0 + 44.204)
=-34.331

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:

Hop Fung Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-83.226/110.330
=-75.43 %

* 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.


Hop Fung Group Holdings EBIT Related Terms

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Hop Fung Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 57 Sha Tsui Road and Nos. 30-38 Tai Chung Road, Workshops E, F and H, 22nd Floor, Superluck Industrial Centre (Phase 2), Tsuen Wan, New Territories, Hong Kong, HKG
Hop Fung Group Holdings Ltd is principally engaged in the business of manufacturing and sale of corrugated paperware products. The company operates through two segments namely Containerboard and Corrugated packaging. Its Containerboard segment offers corrugating medium and liner board. The Corrugated packaging segment is involved in the production and marketing of corrugated paper boards and carton boxes. It generates key revenue from the Corrugated packaging segment. Geographically, it derives a majority of its revenue from the PRC.
Executives
Hui Sum Ping 2101 Beneficial owner
Jian Jian Yi
Hui Sum Tai 2101 Beneficial owner
Leung Pui Man 2202 Interest of your spouse
Hui Sum Kwok 2101 Beneficial owner
Goldkeen Assets Management Limited 2201 Interest of corporation controlled by you
Goldspeed Holdings Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Wong Mui 2202 Interest of your spouse

Hop Fung Group Holdings Headlines

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