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Sinotruk (Hong Kong) (HKSE:03808) EBIT : HK$8,629 Mil (TTM As of Jun. 2024)


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What is Sinotruk (Hong Kong) EBIT?

Sinotruk (Hong Kong)'s earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$4,551 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$8,629 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinotruk (Hong Kong)'s annualized ROC % for the quarter that ended in Jun. 2024 was 13.96%. Sinotruk (Hong Kong)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 49.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinotruk (Hong Kong)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.90%.


Sinotruk (Hong Kong) EBIT Historical Data

The historical data trend for Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong) EBIT Chart

Sinotruk (Hong Kong) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,360.14 7,192.77 3,243.74 7,560.30 -

Sinotruk (Hong Kong) Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,040.45 3,482.96 4,077.35 4,551.36 -

Competitive Comparison of Sinotruk (Hong Kong)'s EBIT

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.


Sinotruk (Hong Kong)'s EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s EV-to-EBIT falls into.


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Sinotruk (Hong Kong) 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$8,629 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.


Sinotruk (Hong Kong)  (HKSE:03808) EBIT Explanation

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

Sinotruk (Hong Kong)'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 )
=8540.736 * ( 1 - 13.5% )/( (54909.198 + 50902.322)/ 2 )
=7387.73664/52905.76
=13.96 %

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))
=133206.395 - 62397.255 - ( 52707.672 - max(0, 79331.849 - 95231.791+52707.672))
=54909.198

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))
=142900.139 - 79977.32 - ( 40392.725 - max(0, 89665.074 - 101685.571+40392.725))
=50902.322

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:

Sinotruk (Hong Kong)'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 )
=9102.726/( ( (17316.556 + max(-40905.632, 0)) + (19303.596 + max(-51646.919, 0)) )/ 2 )
=9102.726/( ( 17316.556 + 19303.596 )/ 2 )
=9102.726/18310.076
=49.71 %

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)
=(9881.215 + 14589.261 + 8586.552) - (62397.255 + 0 + 11565.405)
=-40905.632

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15878.332 + 14204.326 + 0) - (79977.32 + 0 + 1752.257)
=-51646.919

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:

Sinotruk (Hong Kong)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=8628.715/39395.374
=21.90 %

* 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.


Sinotruk (Hong Kong) EBIT Related Terms

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Sinotruk (Hong Kong) Business Description

Traded in Other Exchanges
Address
No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
Executives
Zhong Guo Zhong Xing Qi Che Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Zhong Qi Wei Er Jing Qun Dao You Xian Gong Si 2101 Beneficial owner
Volkswagen International Luxemburg S.a. 2201 Interest of corporation controlled by you
Traton International S.a. 2201 Interest of corporation controlled by you
Volkswagen Finance Luxemburg S.a. 2201 Interest of corporation controlled by you
Shan Dong Zhong Gong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Traton Se 2201 Interest of corporation controlled by you

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