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Huaxin Cement Co (HKSE:06655) EBIT : HK$5,016 Mil (TTM As of Jun. 2024)


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What is Huaxin Cement Co EBIT?

Huaxin Cement Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$1,247 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$5,016 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huaxin Cement Co's annualized ROC % for the quarter that ended in Jun. 2024 was 5.85%. Huaxin Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huaxin Cement Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.26%.


Huaxin Cement Co EBIT Historical Data

The historical data trend for Huaxin Cement 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.

Huaxin Cement Co EBIT Chart

Huaxin Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,972.74 9,322.51 9,361.83 4,874.84 5,442.61

Huaxin Cement Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,698.36 1,399.19 1,769.28 600.32 1,247.34

Competitive Comparison of Huaxin Cement Co's EBIT

For the Building Materials subindustry, Huaxin Cement 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.


Huaxin Cement Co's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huaxin Cement Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Huaxin Cement Co's EV-to-EBIT falls into.



Huaxin Cement 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 quarterly data reported by the company within the most recent 12 months, which was HK$5,016 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.


Huaxin Cement Co  (HKSE:06655) EBIT Explanation

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

Huaxin Cement 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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=5339.516 * ( 1 - 26.38% )/( (66995.584 + 67447.673)/ 2 )
=3930.9516792/67221.6285
=5.85 %

where

Invested Capital(Q: Mar. 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))
=75216.231 - 11095.785 - ( 6881.055 - max(0, 19963.968 - 17088.83+6881.055))
=66995.584

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))
=74255.069 - 11122.526 - ( 5661.291 - max(0, 20347.081 - 16031.951+5661.291))
=67447.673

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Huaxin Cement 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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4989.36/( ( (36048.794 + max(-3037.062, 0)) + (35740.212 + max(-3086.792, 0)) )/ 2 )
=4989.36/( ( 36048.794 + 35740.212 )/ 2 )
=4989.36/35894.503
=13.90 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3294.141 + 3907.695 + 1704.913) - (11095.785 + 0 + 848.026)
=-3037.062

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3429.067 + 3754.105 + 1685.422) - (11122.526 + 0 + 832.86)
=-3086.792

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Huaxin Cement Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=5016.117/37839.819
=13.26 %

* 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.


Huaxin Cement Co EBIT Related Terms

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Huaxin Cement Co Business Description

Traded in Other Exchanges
Address
No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.
Executives
Holcim Ltd 2201 Interest of corporation controlled by you
Holchin B.v. 2101 Beneficial owner
Holderfin B.v. 2201 Interest of corporation controlled by you
China Conch Venture Holdings (hk) Limited
China Conch Venture Holdings International Limited
Conch International Holdings (hk) Limited
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si
An Hui Hai Chuang Xin Xing Jie Neng Jian Zhu Cai Liao You Xian Ze Ren Gong Si

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