Wai Hung Group Holdings (HKSE:03321) EBIT : HK$-73.53 Mil (TTM As of Jun. 2024)

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What is Wai Hung Group Holdings EBIT?

Wai Hung Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-55.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-73.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wai Hung Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -29.67%. Wai Hung Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -8,236.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wai Hung Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -79.88%.

Wai Hung Group Holdings EBIT Historical Data

The historical data trend for Wai Hung 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.

Wai Hung Group Holdings EBIT Chart

Wai Hung Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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45.47

53.34

-219.18

-63.25

-22.55

Wai Hung Group Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial											-32.00	-31.26	-4.47	-18.08	-55.45

Competitive Comparison of Wai Hung Group Holdings's EBIT

For the Engineering & Construction subindustry, Wai Hung 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.

Wai Hung Group Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wai Hung Group Holdings's EV-to-EBIT distribution charts can be found below:

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

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Wai Hung 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$-73.53 Mil.

Wai Hung Group Holdings (HKSE:03321) EBIT Explanation

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

Wai Hung 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 )
=	-27.692 * ( 1 - 0% )	/	( (94.364	+	92.276)	/ 2 )
=	-27.692	/	93.32
=	-29.67 %

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	))
=	163.876	-	86.434	-	( 4.397	-	max(0, 179.315	-	162.393	+	4.397	))
=	94.364

	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	))
=	111.116	-	92.44	-	( 2.003	-	max(0, 183.483	-	109.883	+	2.003	))
=	92.276

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:

Wai Hung 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 )
=	-110.904	/	( ( (1.46 + max(-11.015, 0))	+	(1.233 + max(-19.46, 0)) )	/	2 )
=	-110.904	/	( ( 1.46	+	1.233 )	/	2 )
=	-110.904	/	1.3465
=	-8,236.46 %

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)
=	(92.444	+	0	+	14.836)	-	(86.434	+	0	+	31.861)
=	-11.015

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.382	+	0	+	56.871)	-	(92.44	+	0	+	28.273)
=	-19.46

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-73.532	/	92.049
	=	-79.88 %

Wai Hung Group Holdings EBIT Related Terms

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Wai Hung Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wai Hung Group Holdings Ltd (HKSE:03321) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alameda Dr. Carlos d’Assumpcao, No. 258 Praca Kin Heng Long, 16 Andar G–H, Macau, MAC

Website

http://www.whh.com.hk

Wai Hung Group Holdings Ltd is an investment holding company that is engaged in undertaking projects as both main contractor and subcontractor. The company operates in two segments namely, fitting-out services and repair & maintenance services. The vast majority of its revenue comes from the fitting-out services segment that covers refitting works for existing buildings and extends to casinos, retail areas, hotels, restaurants, commercial properties, and residential properties. Geographically, the company derives maximum revenue from Macau.

Executives

Loke Che Chan Gilbert	2101 Beneficial owner
Chen Guanqi	2101 Beneficial owner
Daily Charm Inc.	2101 Beneficial owner
Copious Astute Limited	2101 Beneficial owner
Li Kam Hung	2201 Interest of corporation controlled by you
Ng Suk Fun	2202 Interest of your spouse
Leong Lap Kun	2201 Interest of corporation controlled by you
Fresh Phoenix Limited	2101 Beneficial owner
Hung Sai Yeung	2202 Interest of your spouse
Yiu Li Ngor	2101 Beneficial owner

Wai Hung Group Holdings Headlines

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