Chugoku Electric Power Co (TSE:9504) EBIT : 円203,898 Mil (TTM As of Dec. 2023)

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What is Chugoku Electric Power Co EBIT?

Chugoku Electric Power Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円6,533 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円203,898 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chugoku Electric Power Co's annualized ROC % for the quarter that ended in Dec. 2023 was -0.78%. Chugoku Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chugoku Electric Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.41%.

Chugoku Electric Power Co EBIT Historical Data

The historical data trend for Chugoku Electric Power 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.

Chugoku Electric Power Co EBIT Chart

Chugoku Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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136,810.00

29,273.00

-46,559.00

-170,819.00

203,898.00

Chugoku Electric Power Co 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															23,965.00	85,562.00	82,929.00	6,533.00	28,874.00

Competitive Comparison of Chugoku Electric Power Co's EBIT

For the Utilities - Renewable subindustry, Chugoku Electric Power 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.

Chugoku Electric Power Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Chugoku Electric Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chugoku Electric Power Co's EV-to-EBIT falls into.

Chugoku Electric Power 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 円203,898 Mil.

Chugoku Electric Power Co (TSE:9504) EBIT Explanation

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

Chugoku Electric Power 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 )
=	43200 * ( 1 - 171.51% )	/	( (4044714	+	3924203)	/ 2 )
=	-30892.32	/	3984458.5
=	-0.78 %

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	))
=	4155818	-	165338	-	( 336375	-	max(0, 785883	-	731649	+	336375	))
=	4044714

	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	))
=	4139671	-	153145	-	( 332815	-	max(0, 635957	-	698280	+	332815	))
=	3924203

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

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

Chugoku Electric Power 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 )
=	26132	/	( ( (2756250 + max(-199114, 0))	+	(2770424 + max(-167997, 0)) )	/	2 )
=	26132	/	( ( 2756250	+	2770424 )	/	2 )
=	26132	/	2763337
=	0.95 %

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)
=	(121092	+	91956	+	182226)	-	(165338	+	0	+	429050)
=	-199114

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(109885	+	93710	+	161870)	-	(153145	+	0	+	380317)
=	-167997

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:

Chugoku Electric Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	203898	/	2750879.570
	=	7.41 %

Chugoku Electric Power Co EBIT Related Terms

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Chugoku Electric Power Co (TSE:9504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Chugoku Electric Power Co Inc (TSE:9504) » Definitions » EBIT

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CGKEY:USA

Address

4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701

Website

http://www.energia.co.jp

Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

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