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Huabang Technology Holdings (HKSE:03638) EBIT : HK$-63.2 Mil (TTM As of Sep. 2023)


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What is Huabang Technology Holdings EBIT?

Huabang Technology Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-35.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-63.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huabang Technology Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -17.33%. Huabang Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -27.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huabang Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -8.52%.


Huabang Technology Holdings EBIT Historical Data

The historical data trend for Huabang Technology 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.

Huabang Technology Holdings EBIT Chart

Huabang Technology 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 -33.95 24.87 -98.00 -253.42 -101.00

Huabang Technology 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 -73.66 -179.76 -73.46 -27.54 -35.64

Competitive Comparison of Huabang Technology Holdings's EBIT

For the Computer Hardware subindustry, Huabang Technology 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.


Huabang Technology Holdings's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huabang Technology Holdings's EV-to-EBIT distribution charts can be found below:

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



Huabang Technology 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$-63.2 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.


Huabang Technology Holdings  (HKSE:03638) EBIT Explanation

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

Huabang Technology 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 )
=-72.386 * ( 1 - -0.62% )/( (430.441 + 410.161)/ 2 )
=-72.8347932/420.301
=-17.33 %

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))
=437.887 - 62.694 - ( 31.331 - max(0, 242.754 - 187.506+31.331))
=430.441

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:

Huabang Technology 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 )
=-71.27/( ( (219.644 + max(10.49, 0)) + (212.125 + max(80.466, 0)) )/ 2 )
=-71.27/( ( 230.134 + 292.591 )/ 2 )
=-71.27/261.3625
=-27.27 %

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)
=(42.978 + 27.672 + 5.965) - (62.694 + 0 + 3.431)
=10.49

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.192 + 19.504 + 4.184) - (60.75 + 0 + 2.664)
=80.466

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-63.175/741.367
=-8.52 %

* 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.


Huabang Technology Holdings EBIT Related Terms

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Huabang Technology Holdings (HKSE:03638) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG
Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.
Executives
Cheung Lit Wan Kenneth 2201 Interest of corporation controlled by you
Talent Virtue International Limited 2101 Beneficial owner
Forever Star Capital Limited 2101 Beneficial owner
Shen Wei 2201 Interest of corporation controlled by you
Luo Jian 2101 Beneficial owner
Lin Rui Ping 2101 Beneficial owner
Lu George 2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si 2101 Beneficial owner
China Goldjoy Securities Limited

Huabang Technology Holdings (HKSE:03638) Headlines

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