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Guangdong Hongtu Technology Holdings Co (SZSE:002101) EBIT : ¥501 Mil (TTM As of Mar. 2024)


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What is Guangdong Hongtu Technology Holdings Co EBIT?

Guangdong Hongtu Technology Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥501 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Hongtu Technology Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.47%. Guangdong Hongtu Technology Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Hongtu Technology Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.30%.


Guangdong Hongtu Technology Holdings Co EBIT Historical Data

The historical data trend for Guangdong Hongtu Technology Holdings 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.

Guangdong Hongtu Technology Holdings Co EBIT Chart

Guangdong Hongtu Technology Holdings 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 203.51 262.89 409.22 533.96 514.62

Guangdong Hongtu Technology Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 94.67 109.79 161.75 148.40 81.33

Competitive Comparison of Guangdong Hongtu Technology Holdings Co's EBIT

For the Aluminum subindustry, Guangdong Hongtu Technology Holdings 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.


Guangdong Hongtu Technology Holdings Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Hongtu Technology Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Hongtu Technology Holdings Co's EV-to-EBIT falls into.



Guangdong Hongtu Technology Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥501 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.


Guangdong Hongtu Technology Holdings Co  (SZSE:002101) EBIT Explanation

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

Guangdong Hongtu Technology Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=260.152 * ( 1 - 10.53% )/( (6318.524 + 7089.126)/ 2 )
=232.7579944/6703.825
=3.47 %

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))
=12847.171 - 3766.188 - ( 2832.915 - max(0, 4425.335 - 7187.794+2832.915))
=6318.524

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))
=12388.306 - 3124.591 - ( 2174.589 - max(0, 3854.85 - 6678.408+2174.589))
=7089.126

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

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

Guangdong Hongtu Technology Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=325.3/( ( (3430.053 + max(-169.583, 0)) + (3435.229 + max(437.095, 0)) )/ 2 )
=325.3/( ( 3430.053 + 3872.324 )/ 2 )
=325.3/3651.1885
=8.91 %

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)
=(2336.241 + 1195.181 + 292.516) - (3766.188 + 0 + 227.333)
=-169.583

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2247.94 + 1241.649 + 398.916) - (3124.591 + 0 + 326.819)
=437.095

When net working capital is negative, 0 is used.

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

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

Guangdong Hongtu Technology Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=501.268/6035.763
=8.30 %

* 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.


Guangdong Hongtu Technology Holdings Co EBIT Related Terms

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Guangdong Hongtu Technology Holdings Co (SZSE:002101) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Century Avenue, Jindu, Gaoyao, Guangdong, CHN, 526108
Guangdong Hongtu Technology Holdings Co Ltd is a manufacturer of precision aluminum alloy die castings in southern China. Its products include Automotive parts, Telecommunication parts, and Mechanical parts. Its aluminum alloy die casting parts are mainly applied for automobiles, motorcycles, household appliances, electronic devices, communication equipment and machinery.
Executives
Xu Fei Yue Directors, executives
Liu Gang Nian Executives
Mo Jin Gang Directors, executives
Mo Jian Zhong Executives
Liao Jian Director
Wang Tao Director
Huang Jie Feng Executives
Chen De Fu Director
Zhang Min Director

Guangdong Hongtu Technology Holdings Co (SZSE:002101) Headlines

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