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IK Semicon Co (XKRX:149010) EBIT : ₩2,223 Mil (TTM As of Dec. 2023)


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What is IK Semicon Co EBIT?

IK Semicon Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ₩2,223 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₩2,223 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IK Semicon Co's annualized ROC % for the quarter that ended in Dec. 2023 was 18.65%. IK Semicon Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IK Semicon Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.44%.

IK Semicon Co EBIT Historical Data

The historical data trend for IK Semicon 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.

IK Semicon Co EBIT Chart

IK Semicon Co 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 782.22 842.06 2,286.13 3,750.42 2,222.55

IK Semicon Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 782.22 842.06 2,286.13 3,750.42 2,222.55

Competitive Comparison of IK Semicon Co's EBIT

For the Semiconductors subindustry, IK Semicon 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.

IK Semicon Co's EV-to-EBIT Distribution in the Semiconductors Industry

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

* The bar in red indicates where IK Semicon Co's EV-to-EBIT falls into.


IK Semicon 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₩2,223 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.

IK Semicon Co  (XKRX:149010) EBIT Explanation

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

IK Semicon 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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2047.294 * ( 1 - 15.43% )/( (9122.38 + 9444.231)/ 2 )
=1731.3965358/9283.3055
=18.65 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=14294.231 - 1288.882 - ( 3882.969 - max(0, 2444.619 - 11894.769+3882.969))
=9122.38

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))
=15460.641 - 872.382 - ( 5144.028 - max(0, 2138.859 - 11955.72+5144.028))
=9444.231

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

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

IK Semicon 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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2222.55/( ( (1080.445 + max(6364.131, 0)) + (1644.934 + max(5602.33, 0)) )/ 2 )
=2222.55/( ( 7444.576 + 7247.264 )/ 2 )
=2222.55/7345.92
=30.26 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2431.227 + 5258.802 + 105.268) - (1288.882 + 0 + 142.284)
=6364.131

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2318.93 + 4090.468 + 261.999) - (872.382 + 0 + 196.685)
=5602.33

When net working capital is negative, 0 is used.

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

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

IK Semicon Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2222.55/21289.002
=10.44 %

* 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.

IK Semicon Co EBIT Related Terms

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IK Semicon Co (XKRX:149010) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IK Semicon Co Ltd (XKRX:149010) » Definitions » EBIT
Comparable Companies
XKRX:224060 XKRX:169670 XKRX:177350 XKRX:009310 XKRX:054630 XKRX:054940 XKRX:148250 XKRX:096870 XKRX:087600 XKRX:101400 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
Room 503, DMC Hi-Tech Industrial Center, 330 SeongAm-ro, Mapo-gu, Seoul, KOR, 121-912
Website
http://www.iksemi.com
IK Semicon Co Ltd is a IC design fabless semiconductor company in the fields of analog and mixed signal, supplying core technology IC's for automotive, smoke detector, earth leakage detector, LED lightning and home appliances.

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