Huajin International Holdings (HKSE:02738) EBIT : HK$199 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Huajin International Holdings EBIT?

Huajin International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$108 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$199 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huajin International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 5.30%. Huajin International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huajin International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.08%.

Huajin International Holdings EBIT Historical Data

The historical data trend for Huajin 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.

Huajin International Holdings EBIT Chart

Huajin International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

76.03

88.92

163.35

-131.75

198.81

Huajin International Holdings Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															45.48	-51.43	-82.75	91.17	107.65

Competitive Comparison of Huajin International Holdings's EBIT

For the Steel subindustry, Huajin 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.

Huajin International Holdings's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huajin International Holdings's EV-to-EBIT distribution charts can be found below:

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

Huajin 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$199 Mil.

Huajin International Holdings (HKSE:02738) EBIT Explanation

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

Huajin International 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 )
=	216.02 * ( 1 - 12.95% )	/	( (3063.655	+	4032.18)	/ 2 )
=	188.04541	/	3547.9175
=	5.30 %

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	))
=	3178.238	-	407.685	-	( 52.052	-	max(0, 1964.955	-	1671.853	+	52.052	))
=	3063.655

	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	))
=	4142.879	-	402.448	-	( 107.613	-	max(0, 2454.456	-	2162.707	+	107.613	))
=	4032.18

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:

Huajin International 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 )
=	215.29	/	( ( (1477.719 + max(436.001, 0))	+	(1950.764 + max(615.919, 0)) )	/	2 )
=	215.29	/	( ( 1913.72	+	2566.683 )	/	2 )
=	215.29	/	2240.2015
=	9.61 %

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)
=	(52.921	+	192.433	+	1293.188)	-	(407.685	+	0	+	694.856)
=	436.001

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(86.293	+	344.736	+	1252.359)	-	(402.448	+	0	+	665.021)
=	615.919

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	198.811	/	3268.997
	=	6.08 %

Huajin International Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Huajin International Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Huajin International Holdings (HKSE:02738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huajin International Holdings Ltd (HKSE:02738) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinsha Industrial Zone of Muzhou Town, Xinhui District, Guangdong Province, Jiangmen, CHN

Website

https://www.huajin-hk.com

Huajin International Holdings Ltd is an investment holding company engaged in the cold-rolled steel processing business. It is involved in the processing of hot-rolled steel coils into cold-rolled steel strips, sheets and welded steel tubes, and galvanized steel products. It provides processing, cutting, slitting, warehousing, and delivery services on customized cold-rolled steel products and galvanized steel products. It offers Cold-rolled steel products, Galvanized steel products, Hot-rolled steel products, and others. Its revenue is derived from customers located in the PRC and Southeast Asia, of which the main revenue is generated in the PRC.

Executives

Xu Songqing	2201 Interest of corporation controlled by you
Haiyi Limited	2101 Beneficial owner
Zhong Cheng International Limited	2101 Beneficial owner
Intrend Ventures Limited	2201 Interest of corporation controlled by you
Luo Canwen	2101 Beneficial owner

Huajin International Holdings (HKSE:02738) Headlines

No Headlines