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Amiccom Electronics (ROCO:5272) EBIT : NT$-24.8 Mil (TTM As of Mar. 2024)


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What is Amiccom Electronics EBIT?

Amiccom Electronics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$-14.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-24.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amiccom Electronics's annualized ROC % for the quarter that ended in Mar. 2024 was -6.05%. Amiccom Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amiccom Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.44%.


Amiccom Electronics EBIT Historical Data

The historical data trend for Amiccom Electronics'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.

Amiccom Electronics EBIT Chart

Amiccom Electronics 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 8.90 -31.24 52.76 50.15 -26.12

Amiccom Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.64 -8.60 11.18 -13.06 -14.31

Competitive Comparison of Amiccom Electronics's EBIT

For the Semiconductor Equipment & Materials subindustry, Amiccom Electronics'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.


Amiccom Electronics's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



Amiccom Electronics 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 NT$-24.8 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.


Amiccom Electronics  (ROCO:5272) EBIT Explanation

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

Amiccom Electronics'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 )
=-64.864 * ( 1 - 0.82% )/( (1050.156 + 1075.3)/ 2 )
=-64.3321152/1062.728
=-6.05 %

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))
=1258.649 - 38.192 - ( 170.301 - max(0, 51.67 - 386.513+170.301))
=1050.156

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))
=1285.181 - 49.407 - ( 160.474 - max(0, 63.773 - 364.294+160.474))
=1075.3

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

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

Amiccom Electronics'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 )
=-57.252/( ( (442.957 + max(176.464, 0)) + (444.341 + max(152.987, 0)) )/ 2 )
=-57.252/( ( 619.421 + 597.328 )/ 2 )
=-57.252/608.3745
=-9.41 %

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)
=(41.183 + 169.529 + 5.5) - (38.192 + 0 + 1.556)
=176.464

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.581 + 150.074 + 8.165) - (49.407 + 0 + 1.426)
=152.987

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:

Amiccom Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-24.791/1720.906
=-1.44 %

* 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.


Amiccom Electronics EBIT Related Terms

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Amiccom Electronics (ROCO:5272) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Taiyuan Street, 10th Floor, Hsinchu County, Zhubei City, Hsinchu, TWN, 30265
Amiccom Electronics Corp is a Taiwan-based RF integrated circuits (ICs) vendor. The company focuses on chip design and marketing that is extended by six product lines of 2.4GHz RF data communication, Sub1GHz RF data communication, 5.8GHz RF data communication, Wireless audio system, Standard communication (Zigbee/RF4CE and BLE), and Satellite communication. Its core businesses are 2.4GHz TRx, sub-GHz TRx, PHS TRx, GPS Receiver IC, and Switch Matrix IC for LNB.

Amiccom Electronics (ROCO:5272) Headlines

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