GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » EBIT

Hiap Tong (SGX:5PO) EBIT : S$6.59 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong EBIT?

Hiap Tong's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was S$3.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was S$6.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hiap Tong's annualized ROC % for the quarter that ended in Sep. 2024 was 0.67%. Hiap Tong's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hiap Tong's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.40%.


Hiap Tong EBIT Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong EBIT Chart

Hiap Tong Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.64 0.99 3.40 18.82 7.34

Hiap Tong Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 8.52 10.30 3.77 3.57 3.02

Competitive Comparison of Hiap Tong's EBIT

For the Rental & Leasing Services subindustry, Hiap Tong'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.


Hiap Tong's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hiap Tong's EV-to-EBIT falls into.



Hiap Tong 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$6.59 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.


Hiap Tong  (SGX:5PO) EBIT Explanation

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

Hiap Tong's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1.624 * ( 1 - 20.82% )/( (195.083 + 187.521)/ 2 )
=1.2858832/191.302
=0.67 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Hiap Tong's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.03/( ( (147.744 + max(14, 0)) + (141.885 + max(21.1, 0)) )/ 2 )
=6.03/( ( 161.744 + 162.985 )/ 2 )
=6.03/162.3645
=3.71 %

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)
=(28.636 + 0 + 15.407) - (14.835 + 0 + 15.208)
=14

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.302 + 0 + 16.043) - (15.226 + 0 + 10.019)
=21.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Hiap Tong's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=6.585/78.398
=8.40 %

* 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.


Hiap Tong EBIT Related Terms

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


Hiap Tong Business Description

Traded in Other Exchanges
N/A
Address
22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong Headlines

No Headlines