GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ChipMOS TECHNOLOGIES Inc (NAS:IMOS) » Definitions » EBIT

ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) EBIT : $22.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is ChipMOS TECHNOLOGIES EBIT?

ChipMOS TECHNOLOGIES's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $22.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $22.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ChipMOS TECHNOLOGIES's annualized ROC % for the quarter that ended in Dec. 2023 was 7.59%. ChipMOS TECHNOLOGIES's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ChipMOS TECHNOLOGIES's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.07%.


ChipMOS TECHNOLOGIES EBIT Historical Data

The historical data trend for ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES EBIT Chart

ChipMOS TECHNOLOGIES Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.53 111.19 221.87 136.05 81.09

ChipMOS TECHNOLOGIES Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 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 43.34 43.13 - - 22.86

Competitive Comparison of ChipMOS TECHNOLOGIES's EBIT

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.


ChipMOS TECHNOLOGIES's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ChipMOS TECHNOLOGIES's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ChipMOS TECHNOLOGIES's EV-to-EBIT falls into.



ChipMOS TECHNOLOGIES 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 $22.9 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.


ChipMOS TECHNOLOGIES  (NAS:IMOS) EBIT Explanation

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

ChipMOS TECHNOLOGIES'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 )
=91.452 * ( 1 - 0% )/( (1486.24 + 924.581)/ 2 )
=91.452/1205.4105
=7.59 %

where

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))
=1477.065 - 154.492 - ( 397.992 - max(0, 238.031 - 805.102+397.992))
=924.581

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

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

ChipMOS TECHNOLOGIES'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 )
=91.452/( ( (0 + max(412.241, 0)) + (645.633 + max(235.86, 0)) )/ 2 )
=91.452/( ( 412.241 + 881.493 )/ 2 )
=91.452/646.867
=14.14 %

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)
=(0 + 0 + 665.69) - (0 + 0 + 253.449)
=412.241

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.436 + 82.193 + 140.758) - (154.492 + 0 + 3.035)
=235.86

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:

ChipMOS TECHNOLOGIES's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=22.863/1104.436
=2.07 %

* 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.


ChipMOS TECHNOLOGIES EBIT Related Terms

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


ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Business Description

Traded in Other Exchanges
Address
No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, TWN
ChipMOS TECHNOLOGIES Inc provides semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers, and foundries. Its service targets include semiconductor design companies, integrated component manufacturing companies, and semiconductor wafers factories. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. The Company derives a majority of its revenue from Taiwan followed by Japan, People's Republic of China, Singapore, and others.

ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Headlines

From GuruFocus

ChipMOS REPORTS DECEMBER 2022 AND 4Q22 REVENUE

By PRNewswire PRNewswire 01-10-2023

ChipMOS REPORTS APRIL 2023 REVENUE

By PRNewswire PRNewswire 05-10-2023

ChipMOS REPORTS SECOND QUARTER 2023 RESULTS

By PRNewswire 08-03-2023

ChipMOS REPORTS NOVEMBER 2022 REVENUE

By PRNewswire PRNewswire 12-09-2022

ChipMOS REPORTS AUGUST 2023 REVENUE

By PRNewswire 09-08-2023

ChipMOS to Present at Citi's 2023 REGIONAL TECH CONFERENCE

By PRNewswire PRNewswire 05-25-2023

ChipMOS REPORTS JANUARY 2023 REVENUE

By PRNewswire PRNewswire 02-10-2023