Huitongda Network Co (HKSE:09878) EBIT : HK$979 Mil (TTM As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Huitongda Network Co EBIT?

Huitongda Network Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$439 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$979 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huitongda Network Co's annualized ROC % for the quarter that ended in Jun. 2024 was 11.25%. Huitongda Network Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 520.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huitongda Network Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 33.78%.

Huitongda Network Co EBIT Historical Data

The historical data trend for Huitongda Network 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.

Huitongda Network Co EBIT Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

430.56

600.25

983.46

1,050.38

1,155.55

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial					556.33	520.38	615.54	540.02	439.00

Competitive Comparison of Huitongda Network Co's EBIT

For the Software - Application subindustry, Huitongda Network 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.

Huitongda Network Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Huitongda Network Co's EV-to-EBIT distribution charts can be found below:

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

Huitongda Network 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$979 Mil.

Huitongda Network Co (HKSE:09878) EBIT Explanation

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

Huitongda Network 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 )
=	851.02 * ( 1 - 16.33% )	/	( (6381.18	+	6281.918)	/ 2 )
=	712.048434	/	6331.549
=	11.25 %

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	))
=	31839.98	-	17767.404	-	( 7691.396	-	max(0, 21128.283	-	30023.654	+	7691.396	))
=	6381.18

	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	))
=	32661.513	-	18035.182	-	( 8595.394	-	max(0, 22230.166	-	30574.579	+	8595.394	))
=	6281.918

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:

Huitongda Network 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 )
=	878	/	( ( (175.024 + max(-9567.67, 0))	+	(162.209 + max(-269.439, 0)) )	/	2 )
=	878	/	( ( 175.024	+	162.209 )	/	2 )
=	878	/	168.6165
=	520.71 %

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)
=	(2050.605	+	2823.112	+	6226.927)	-	(17767.404	+	0	+	2900.91)
=	-9567.67

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2049.687	+	2989.711	+	15332.759)	-	(18035.182	+	0	+	2606.414)
=	-269.439

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	979.017	/	2898.379
	=	33.78 %

Huitongda Network Co EBIT Related Terms

Thank you for viewing the detailed overview of Huitongda Network Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Huitongda Network Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is engaged in the sales of a comprehensive suite of merchandise in the PRC and the provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various related services. Its business lines are the Commerce business which mainly includes direct sales and provision of marketplace service that enables merchants to sell their products to transacting users through the online platform and The service business segment, which mainly represents the provision of intelligent business and marketing SaaS+ subscription service and a collection of merchant solutions. It generates the majority of its revenue from the Commerce business.

Executives

Xu Xiuxian	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Wang Jianguo

Huitongda Network Co Headlines

No Headlines