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SP New Energy (PHS:SPNEC) EBIT : ₱6,380.0 Mil (TTM As of Mar. 2024)


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What is SP New Energy EBIT?

SP New Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱224.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱6,380.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SP New Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 1.24%. SP New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SP New Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.77%.


SP New Energy EBIT Historical Data

The historical data trend for SP New Energy'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.

SP New Energy EBIT Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
EBIT
Get a 7-Day Free Trial -0.69 -6.35 -4.84 -62.81 6,138.76

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -20.10 -22.31 135.44 6,019.67 224.85

Competitive Comparison of SP New Energy's EBIT

For the Utilities - Renewable subindustry, SP New Energy'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.


SP New Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SP New Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SP New Energy's EV-to-EBIT falls into.



SP New Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱6,380.0 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.


SP New Energy  (PHS:SPNEC) EBIT Explanation

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

SP New Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=504.844 * ( 1 - 0% )/( (40434.84 + 40691.559)/ 2 )
=504.844/40563.1995
=1.24 %

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))
=51182.814 - 990.734 - ( 10651.502 - max(0, 1466.879 - 11224.119+10651.502))
=40434.84

Invested Capital(Q: Mar. 2024 )
=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))
=51301.233 - 1058.411 - ( 10475.493 - max(0, 1544.136 - 11095.399+10475.493))
=40691.559

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

SP New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=899.408/( ( (26125.928 + max(-646.69, 0)) + (26346.598 + max(-720.931, 0)) )/ 2 )
=899.408/( ( 26125.928 + 26346.598 )/ 2 )
=899.408/26236.263
=3.43 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(286.288 + 24.801 + 133.289) - (990.734 + 0 + 100.334)
=-646.69

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(318.903 + 24.721 + 112.765) - (1058.411 + 0 + 118.909)
=-720.931

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

SP New Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=6379.958/43205.900
=14.77 %

* 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.


SP New Energy EBIT Related Terms

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SP New Energy (PHS:SPNEC) Business Description

Traded in Other Exchanges
N/A
Address
112 Legaspi Street, Legaspi Village, Brgy. San Lorenzo, Makati, PHL, 1229
SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

SP New Energy (PHS:SPNEC) Headlines

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