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China Hongguang Holdings (HKSE:08646) EBIT : HK$48.5 Mil (TTM As of Jun. 2024)


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What is China Hongguang Holdings EBIT?

China Hongguang Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$48.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Hongguang Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. China Hongguang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Hongguang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 22.97%.


China Hongguang Holdings EBIT Historical Data

The historical data trend for China Hongguang 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.

China Hongguang Holdings EBIT Chart

China Hongguang Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 38.50 18.40 57.13 48.90 48.07

China Hongguang Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 11.73 12.63 2.86 21.26 -

Competitive Comparison of China Hongguang Holdings's EBIT

For the Building Products & Equipment subindustry, China Hongguang 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.


China Hongguang Holdings's EV-to-EBIT Distribution in the Construction Industry

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

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



China Hongguang 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 quarterly data reported by the company within the most recent 12 months, which was HK$48.5 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.


China Hongguang Holdings  (HKSE:08646) EBIT Explanation

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

China Hongguang 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 )
=0 * ( 1 - 0% )/( (436.875 + 440.516)/ 2 )
=0/438.6955
=0.00 %

where

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

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

China Hongguang 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 )
=0/( ( (42.535 + max(360.546, 0)) + (37.938 + max(371.617, 0)) )/ 2 )
=0/( ( 403.081 + 409.555 )/ 2 )
=0/406.318
=0.00 %

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)
=(227.366 + 175.212 + 0.0010000000000332) - (42.033 + 0 + 0)
=360.546

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(147.016 + 184.652 + 77.637) - (37.688 + 0 + -1.4210854715202E-14)
=371.617

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=48.481/211.082
=22.97 %

* 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.


China Hongguang Holdings EBIT Related Terms

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China Hongguang Holdings Business Description

Traded in Other Exchanges
N/A
Address
Eastside of Middle of Rongchi Road, Xianqiao, Rongcheng, Guangdong Province, Jieyang, CHN
China Hongguang Holdings Ltd is engaged in the manufacturing and sales of glass products in the PRC. The company offers two categories of architectural glass products under its own Hong Guang brand which includes energy-efficient safety glass products and smart glass products. Its energy-efficient safety glass products include coated glass, insulating glass, laminated glass, and tempered glass; and smart glass product is mainly dimming glass. It has only one operating segment which is the sale of glass products. The company derives all its revenue from the sales of glass products in the PRC.
Executives
Iq Eq (bvi) Limited 2301 Trustee
Lin Weishan 2307 Founder of a discretionary trust who can infl
Liu Rong 2307 Founder of a discretionary trust who can infl
Ming Liang Global Limited 2101 Beneficial owner
Wei Family Limited 2201 Interest of corporation controlled by you
Wei Jiakun 2307 Founder of a discretionary trust who can infl
Wang Yichuan 2201 Interest of corporation controlled by you
Yichuan Holding Limited 2201 Interest of corporation controlled by you
Dong Sheng Chuang Tou You Xian Gong Si
Wang Yaqing 2201 Interest of corporation controlled by you
Li Wei 2201 Interest of corporation controlled by you
Li Ce Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

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