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Weili Holdings (HKSE:02372) EBIT : HK$-3.6 Mil (TTM As of Dec. 2023)


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What is Weili Holdings EBIT?

Weili Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$0.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Weili Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 2.54%. Weili Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Weili Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.50%.


Weili Holdings EBIT Historical Data

The historical data trend for Weili 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.

Weili Holdings EBIT Chart

Weili Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
44.95 58.72 52.52 32.62 -3.63

Weili Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial 15.67 27.96 5.98 -4.10 0.47

Competitive Comparison of Weili Holdings's EBIT

For the Tobacco subindustry, Weili 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.


Weili Holdings's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Weili Holdings's EV-to-EBIT distribution charts can be found below:

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



Weili 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3.6 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.


Weili Holdings  (HKSE:02372) EBIT Explanation

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

Weili Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.426 * ( 1 - 1020.65% )/( (132.92 + 175.68)/ 2 )
=3.921969/154.3
=2.54 %

where

Invested Capital(Q: Jun. 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))
=351.615 - 106.148 - ( 112.547 - max(0, 110.425 - 324.822+112.547))
=132.92

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))
=399.378 - 119.654 - ( 104.044 - max(0, 156.784 - 349.015+104.044))
=175.68

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Weili Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.946/( ( (22.63 + max(74.198, 0)) + (45.055 + max(98.045, 0)) )/ 2 )
=0.946/( ( 96.828 + 143.1 )/ 2 )
=0.946/119.964
=0.79 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(98.937 + 78.741 + 6.9450000000001) - (106.148 + 0 + 4.277)
=74.198

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(144.123 + 63.139 + 14.754) - (119.654 + 0 + 4.317)
=98.045

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.631/241.789
=-1.50 %

* 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.


Weili Holdings EBIT Related Terms

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Weili Holdings (HKSE:02372) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN
Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for well-known tobacco brands in China.

Weili Holdings (HKSE:02372) Headlines

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