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Hygeia Healthcare Holdings Co (HKSE:06078) EBIT : HK$883 Mil (TTM As of Jun. 2024)


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What is Hygeia Healthcare Holdings Co EBIT?

Hygeia Healthcare Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$554 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$883 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hygeia Healthcare Holdings Co's annualized ROC % for the quarter that ended in Jun. 2024 was 8.74%. Hygeia Healthcare Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hygeia Healthcare Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.62%.

Hygeia Healthcare Holdings Co EBIT Historical Data

The historical data trend for Hygeia Healthcare Holdings Co'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.

Hygeia Healthcare Holdings Co EBIT Chart

Hygeia Healthcare Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 356.56 729.70 757.35 983.59 878.33

Hygeia Healthcare Holdings Co Semi-Annual Data
Dec17 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 396.88 469.62 513.97 553.84 329.06

Competitive Comparison of Hygeia Healthcare Holdings Co's EBIT

For the Medical Care Facilities subindustry, Hygeia Healthcare Holdings Co'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.

Hygeia Healthcare Holdings Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hygeia Healthcare Holdings Co's EV-to-EBIT distribution charts can be found below:

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


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Hygeia Healthcare Holdings Co 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$883 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.

Hygeia Healthcare Holdings Co  (HKSE:06078) EBIT Explanation

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

Hygeia Healthcare Holdings Co'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 )
=1100.382 * ( 1 - 19.22% )/( (10080.691 + 10265.126)/ 2 )
=888.8885796/10172.9085
=8.74 %

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))
=11741.238 - 1626.155 - ( 840.019 - max(0, 2126.467 - 2160.859+840.019))
=10080.691

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))
=11846.79 - 1430.894 - ( 791.281 - max(0, 2022.011 - 2172.781+791.281))
=10265.126

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:

Hygeia Healthcare Holdings Co'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 )
=1107.674/( ( (5216.514 + max(-434.825, 0)) + (5378.82 + max(-180.619, 0)) )/ 2 )
=1107.674/( ( 5216.514 + 5378.82 )/ 2 )
=1107.674/5297.667
=20.91 %

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)
=(944.991 + 227.443 + 78.242) - (1626.155 + 0 + 59.346)
=-434.825

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1029 + 216.379 + 70.582) - (1430.894 + 0 + 65.686)
=-180.619

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=882.892/11592.854
=7.62 %

* 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.

Hygeia Healthcare Holdings Co EBIT Related Terms

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Hygeia Healthcare Holdings Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hygeia Healthcare Holdings Co Ltd (HKSE:06078) » Definitions » EBIT
Comparable Companies
HKSE:01951 HKSE:02273 HKSE:02522 HKSE:02453 HKSE:01515 HKSE:02373 HKSE:01830 HKSE:00708 HKSE:03886 HKSE:03309 HCA SAU:4013 XTER:FRE SZSE:300015 XTER:FME XKLS:5225 THC BOM:543220 UHS DVA
Traded in Other Exchanges
50I:Germany
Address
No. 228 Meiyuan Road, Enterprise Square, Suites 702-707, Jing’an District, Shanghai, CHN
Website
https://www.hygeia-group.com.cn
Hygeia Healthcare Holdings Co Ltd is an oncology healthcare group in China. The company operates in two segments, namely Hospital Business, and Other Business. The company generates revenues by operating private for-profit hospitals it owns and provides a wide range of oncology healthcare services and other healthcare services; licensing of its proprietary SRT equipment, and provision of maintenance and technical support services with its proprietary SRT equipment; and managing and operating, and receiving management fees from, private not-for-profit hospitals in which it holds organizer's interest. All of its revenues come from China.
Executives
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Zhu Yiwen 2201 Interest of corporation controlled by you
Ren Ai 2501 Other
Zhu Jianqiao 2401 A concert party to an agreement to buy shares
Tmf (cayman) Ltd. 2501 Other
Ren Ai 2202 Interest of your spouse
Yi Fang Da Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Century River Holdings Limited 2501 Other
Century River Investment Holdings Limited 2501 Other
Red Palm Holdings Limited 2501 Other
Red Palm Investment Holdings Limited 2501 Other
Amber Tree Holdings Limited 2501 Other
Morgan Stanley & Co. International Plc 2101 Beneficial owner

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