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Hua Hong Semiconductor (STU:1HH) EBIT : €75 Mil (TTM As of Jun. 2024)


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What is Hua Hong Semiconductor EBIT?

Hua Hong Semiconductor's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hua Hong Semiconductor's annualized ROC % for the quarter that ended in Jun. 2024 was -4.22%. Hua Hong Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hua Hong Semiconductor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.78%.


Hua Hong Semiconductor EBIT Historical Data

The historical data trend for Hua Hong Semiconductor'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.

Hua Hong Semiconductor EBIT Chart

Hua Hong Semiconductor 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 164.53 40.32 273.95 506.36 251.33

Hua Hong Semiconductor Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 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 66.43 10.68 27.78 -7.93 55.55

Competitive Comparison of Hua Hong Semiconductor's EBIT

For the Semiconductors subindustry, Hua Hong Semiconductor'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.


Hua Hong Semiconductor's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hua Hong Semiconductor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hua Hong Semiconductor's EV-to-EBIT falls into.



Hua Hong Semiconductor 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 €75 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.


Hua Hong Semiconductor  (STU:1HH) EBIT Explanation

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

Hua Hong Semiconductor'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 )
=-149.624 * ( 1 - -25.07% )/( (4313.132 + 4553.387)/ 2 )
=-187.1347368/4433.2595
=-4.22 %

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))
=10035.116 - 600.373 - ( 5121.611 - max(0, 891.679 - 6024.282+5121.611))
=4313.132

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))
=11245.341 - 724.182 - ( 5967.772 - max(0, 994.584 - 6966.586+5967.772))
=4553.387

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

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

Hua Hong Semiconductor'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 )
=-31.708/( ( (3244.572 + max(108.477, 0)) + (3558.818 + max(95.403000000001, 0)) )/ 2 )
=-31.708/( ( 3353.049 + 3654.221 )/ 2 )
=-31.708/3503.635
=-0.91 %

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)
=(194.145 + 576.405 + 49.772) - (600.373 + 0 + 111.472)
=108.477

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(197.514 + 622.164 + 36.472000000001) - (724.182 + 0 + 36.565)
=95.403000000001

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:

Hua Hong Semiconductor's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=75.401/1993.216
=3.78 %

* 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.


Hua Hong Semiconductor EBIT Related Terms

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Hua Hong Semiconductor Business Description

Traded in Other Exchanges
Address
288 Halei Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
Hua Hong Semiconductor, or Hua Hong, is the second-largest Chinese foundry and the seventh-largest globally. Its current form is a result of an intragroup restructuring completed in 2013. Hua Hong is headquartered in Shanghai with another plant in Wuxi, China, and has sales offices in Japan, Taiwan and the us. It employs more than 6,800 employees. Hua Hong's products are used on smartphones, PCs, for the Internet of Things, data centers, and for automotive and industrial purposes, and so on, but it focuses on more mature process technologies.

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