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Heng Sheng Holding Group Co (XKRX:900270) EBIT : ₩1,572 Mil (TTM As of Dec. 2023)


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What is Heng Sheng Holding Group Co EBIT?

Heng Sheng Holding Group Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₩908 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₩1,572 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heng Sheng Holding Group Co's annualized ROC % for the quarter that ended in Dec. 2023 was -0.55%. Heng Sheng Holding Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heng Sheng Holding Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.90%.


Heng Sheng Holding Group Co EBIT Historical Data

The historical data trend for Heng Sheng Holding Group 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.

Heng Sheng Holding Group Co EBIT Chart

Heng Sheng Holding Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 45,634.32 9,845.39 7,736.75 2,401.16 1,586.20

Heng Sheng Holding Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3,148.45 -449.14 -1,048.58 2,161.09 908.19

Competitive Comparison of Heng Sheng Holding Group Co's EBIT

For the Leisure subindustry, Heng Sheng Holding Group 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.


Heng Sheng Holding Group Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heng Sheng Holding Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heng Sheng Holding Group Co's EV-to-EBIT falls into.



Heng Sheng Holding Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,572 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.


Heng Sheng Holding Group Co  (XKRX:900270) EBIT Explanation

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

Heng Sheng Holding Group Co'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-727.02 * ( 1 - 8.5% )/( (118714.241 + 121586.437)/ 2 )
=-665.2233/120150.339
=-0.55 %

where

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))
=371583.903 - 10967.877 - ( 241901.785 - max(0, 55935.217 - 313486.498+241901.785))
=118714.241

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))
=370569.101 - 9408.37 - ( 239574.294 - max(0, 52449.573 - 306435.12+239574.294))
=121586.437

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Heng Sheng Holding Group Co'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3632.756/( ( (39693.007 + max(58142.158, 0)) + (37787.602 + max(53227.277, 0)) )/ 2 )
=3632.756/( ( 97835.165 + 91014.879 )/ 2 )
=3632.756/94425.022
=3.85 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65730.394 + 5401.446 + 223.26000000001) - (10967.877 + 0 + 2245.065)
=58142.158

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63299.457 + 3117.527 + 219.103) - (9408.37 + 0 + 4000.44)
=53227.277

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Heng Sheng Holding Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1571.563/-174256.319
=-0.90 %

* 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.


Heng Sheng Holding Group Co EBIT Related Terms

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Heng Sheng Holding Group Co (XKRX:900270) Business Description

Traded in Other Exchanges
N/A
Address
72-80 Hoi Yuen Road, Room 6, 3/F., Lladro Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Heng Sheng Holding Group Co Ltd is a toys manufacturing company. The company is engaged in the production of smart toys, children's wear, animation, IP contents in Hong Kong. Its products are exported to Europe, Korea, Japan and other countries and regions.

Heng Sheng Holding Group Co (XKRX:900270) Headlines

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