Huili Resources (Group) (HKSE:01303) EBIT : HK$224 Mil (TTM As of Dec. 2023)

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What is Huili Resources (Group) EBIT?

Huili Resources (Group)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$119 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$224 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huili Resources (Group)'s annualized ROC % for the quarter that ended in Dec. 2023 was 53.46%. Huili Resources (Group)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 82.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huili Resources (Group)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 43.71%.

Huili Resources (Group) EBIT Historical Data

The historical data trend for Huili Resources (Group)'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.

Huili Resources (Group) EBIT Chart

Huili Resources (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-5.03

-13.73

-16.98

241.26

224.43

Huili Resources (Group) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-9.92	30.62	212.09	105.67	118.76

Competitive Comparison of Huili Resources (Group)'s EBIT

For the Thermal Coal subindustry, Huili Resources (Group)'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.

Huili Resources (Group)'s EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s EV-to-EBIT falls into.

Huili Resources (Group) 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$224 Mil.

Huili Resources (Group) (HKSE:01303) EBIT Explanation

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

Huili Resources (Group)'s annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	241.142 * ( 1 - 15.87% )	/	( (336.997	+	421.98)	/ 2 )
=	202.8727646	/	379.4885
=	53.46 %

where

	Invested Capital		(Q: Jun. 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	))
=	1574.907	-	769.553	-	( 497.357	-	max(0, 812.085	-	1280.442	+	497.357	))
=	336.997

	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	))
=	1725.753	-	774.969	-	( 528.804	-	max(0, 811.762	-	1398.132	+	528.804	))
=	421.98

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

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

Huili Resources (Group)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	237.51	/	( ( (277.925 + max(-147.016, 0))	+	(295.969 + max(-0.044999999999845, 0)) )	/	2 )
=	237.51	/	( ( 277.925	+	295.969 )	/	2 )
=	237.51	/	286.947
=	82.77 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(292.591	+	275.847	+	93.715)	-	(769.553	+	0	+	39.616)
=	-147.016

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(205.962	+	500.24	+	102.456)	-	(774.969	+	0	+	33.734)
=	-0.044999999999845

When net working capital is negative, 0 is used.

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

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

Huili Resources (Group)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	224.425	/	513.415
	=	43.71 %

Huili Resources (Group) EBIT Related Terms

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Huili Resources (Group) (HKSE:01303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huili Resources (Group) Ltd (HKSE:01303) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG

Website

http://www.huili.hk

Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.

Executives

Sky Circle International Limited	2101 Beneficial owner
Prosper Union Holdings Limited	2101 Beneficial owner
Bong Chin Chung	2101 Beneficial owner
Feng Yuantao	2101 Beneficial owner
Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Ye Xin	2201 Interest of corporation controlled by you
Cui Yazhou	2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited	2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited	2101 Beneficial owner
Cao Jianwei	2201 Interest of corporation controlled by you
Gao Miao Miao	2201 Interest of corporation controlled by you
Legend Vantage Limited	2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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