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Yuan Heng Gas Holdings (HKSE:00332) EBIT : HK$-24 Mil (TTM As of Sep. 2023)


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What is Yuan Heng Gas Holdings EBIT?

Yuan Heng Gas Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yuan Heng Gas Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was 0.62%. Yuan Heng Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yuan Heng Gas Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.48%.


Yuan Heng Gas Holdings EBIT Historical Data

The historical data trend for Yuan Heng Gas Holdings'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.

Yuan Heng Gas Holdings EBIT Chart

Yuan Heng Gas Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.88 74.61 209.41 245.93 78.11

Yuan Heng Gas Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 148.06 94.45 167.63 -92.63 68.32

Competitive Comparison of Yuan Heng Gas Holdings's EBIT

For the Oil & Gas Refining & Marketing subindustry, Yuan Heng Gas Holdings'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.


Yuan Heng Gas Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yuan Heng Gas Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yuan Heng Gas Holdings's EV-to-EBIT falls into.



Yuan Heng Gas Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-24 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.


Yuan Heng Gas Holdings  (HKSE:00332) EBIT Explanation

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

Yuan Heng Gas Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=16.522 * ( 1 - -23.44% )/( (3395.278 + 3156.192)/ 2 )
=20.3947568/3275.735
=0.62 %

where

Invested Capital(Q: Mar. 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))
=4336.09 - 851.767 - ( 89.045 - max(0, 2461.092 - 3630.037+89.045))
=3395.278

Invested Capital(Q: Sep. 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))
=3760.886 - 578.783 - ( 25.911 - max(0, 2124.529 - 3102.741+25.911))
=3156.192

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Yuan Heng Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=136.634/( ( (511.876 + max(2359.544, 0)) + (455.907 + max(2287.886, 0)) )/ 2 )
=136.634/( ( 2871.42 + 2743.793 )/ 2 )
=136.634/2807.6065
=4.87 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1594.486 + 25.058 + 1914.039) - (851.767 + 0 + 322.272)
=2359.544

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1445.931 + 26.05 + 1595.541) - (578.783 + 0 + 200.853)
=2287.886

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Yuan Heng Gas Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-24.314/1639.460
=-1.48 %

* 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.


Yuan Heng Gas Holdings EBIT Related Terms

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Yuan Heng Gas Holdings (HKSE:00332) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 4102, 41st Floor, Far East Finance Centre, Hong Kong, HKG
Yuan Heng Gas Holdings Ltd is an investment holding company. The company's operating segment includes production and sales of LNG, oil and gas transactions, and piped gas. The majority of the revenue is generated from oil and gas transactions. Its geographical segments include the People's Republic of China(PRC), Hong Kong, and Singapore, of which the majority of the revenue comes from PRC.
Executives
Champion Ever Limited 2101 Beneficial owner
Cheng Xu 2202 Interest of your spouse
Wang Jianqing 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Fundfleet Investment Limited Partnership 2101 Beneficial owner
Galaxy King Limited 2101 Beneficial owner

Yuan Heng Gas Holdings (HKSE:00332) Headlines

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