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Tien Li Offshore Wind Technology Co (ROCO:6793) EBIT : NT$108 Mil (TTM As of Dec. 2023)


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What is Tien Li Offshore Wind Technology Co EBIT?

Tien Li Offshore Wind Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$108 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tien Li Offshore Wind Technology Co's annualized ROC % for the quarter that ended in Dec. 2023 was 3.50%. Tien Li Offshore Wind Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tien Li Offshore Wind Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.94%.


Tien Li Offshore Wind Technology Co EBIT Historical Data

The historical data trend for Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology Co EBIT Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -31.80 -60.85 -359.85 -341.05 108.31

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -219.20 -214.15 -126.90 61.19 47.12

Competitive Comparison of Tien Li Offshore Wind Technology Co's EBIT

For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind Technology 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.


Tien Li Offshore Wind Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tien Li Offshore Wind Technology Co's EV-to-EBIT falls into.



Tien Li Offshore Wind Technology 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 semi-annually data reported by the company within the most recent 12 months, which was NT$108 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.


Tien Li Offshore Wind Technology Co  (ROCO:6793) EBIT Explanation

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

Tien Li Offshore Wind Technology 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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=98.46 * ( 1 - 22.77% )/( (2223.627 + 2119.893)/ 2 )
=76.040658/2171.76
=3.50 %

where

Invested Capital(Q: Jun. 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))
=2413.349 - 135.47 - ( 83.128 - max(0, 423.749 - 478.001+83.128))
=2223.627

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))
=2467.19 - 191.382 - ( 231.859 - max(0, 474.966 - 630.881+231.859))
=2119.893

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Tien Li Offshore Wind Technology 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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=94.232/( ( (1679.674 + max(23.474, 0)) + (1619.758 + max(80.094, 0)) )/ 2 )
=94.232/( ( 1703.148 + 1699.852 )/ 2 )
=94.232/1701.5
=5.54 %

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)
=(115.287 + 23.27 + 56.664) - (135.47 + 0 + 36.277)
=23.474

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.963 + 29.685 + 58.794) - (191.382 + 0 + 31.966)
=80.094

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Tien Li Offshore Wind Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=108.309/2752.188
=3.94 %

* 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.


Tien Li Offshore Wind Technology Co EBIT Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Traded in Other Exchanges
N/A
Address
Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

Tien Li Offshore Wind Technology Co (ROCO:6793) Headlines

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