Hiap Teck Venture Bhd (XKLS:5072) EBIT : RM142 Mil (TTM As of Jul. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Hiap Teck Venture Bhd EBIT?

Hiap Teck Venture Bhd's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was RM55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was RM142 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hiap Teck Venture Bhd's annualized ROC % for the quarter that ended in Jul. 2024 was 1.86%. Hiap Teck Venture Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 18.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hiap Teck Venture Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 12.13%.

Hiap Teck Venture Bhd EBIT Historical Data

The historical data trend for Hiap Teck Venture Bhd'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 Teck Venture Bhd EBIT Chart

Hiap Teck Venture Bhd Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

EBIT

Get a 7-Day Free Trial

29.63

207.77

203.29

51.14

141.97

Hiap Teck Venture Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
EBIT	Get a 7-Day Free Trial															43.35	-2.82	31.58	58.00	55.21

Competitive Comparison of Hiap Teck Venture Bhd's EBIT

For the Steel subindustry, Hiap Teck Venture Bhd'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 Teck Venture Bhd's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's EV-to-EBIT distribution charts can be found below:

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

Hiap Teck Venture Bhd 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM142 Mil.

Hiap Teck Venture Bhd (XKLS:5072) EBIT Explanation

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

Hiap Teck Venture Bhd's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

	ROC % (Q: Jul. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Apr. 2024 )	+	Invested Capital (Q: Jul. 2024 ))	/ count )
=	36.784 * ( 1 - 2.38% )	/	( (1959.01	+	1892.577)	/ 2 )
=	35.9085408	/	1925.7935
=	1.86 %

where

	Invested Capital		(Q: Apr. 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	))
=	2124.182	-	76.102	-	( 89.07	-	max(0, 774.755	-	1095.829	+	89.07	))
=	1959.01

	Invested Capital		(Q: Jul. 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	))
=	2095.662	-	104.476	-	( 98.609	-	max(0, 695.029	-	1014.805	+	98.609	))
=	1892.577

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

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

Hiap Teck Venture Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jul. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Apr. 2024		Q: Jul. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	220.836	/	( ( (301.883 + max(930.657, 0))	+	(306.495 + max(786.534, 0)) )	/	2 )
=	220.836	/	( ( 1232.54	+	1093.029 )	/	2 )
=	220.836	/	1162.7845
=	18.99 %

where Working Capital is:

	Working Capital		(Q: Apr. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(397.622	+	599.298	+	9.8389999999999)	-	(76.102	+	0	+	0)
=	930.657

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(401.812	+	492.074	+	21.268)	-	(104.476	+	0	+	24.144)
=	786.534

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jul. 2024 )
	=	141.974	/	1170.518
	=	12.13 %

Hiap Teck Venture Bhd EBIT Related Terms

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

Hiap Teck Venture Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hiap Teck Venture Bhd (XKLS:5072) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.htgrp.com.my

Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.

Hiap Teck Venture Bhd Headlines

No Headlines