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Daehan Synthetic Fiber Co (XKRX:003830) EBIT : ₩11,311 Mil (TTM As of Dec. 2023)


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What is Daehan Synthetic Fiber Co EBIT?

Daehan Synthetic Fiber Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₩6,673 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₩11,311 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daehan Synthetic Fiber Co's annualized ROC % for the quarter that ended in Dec. 2023 was -0.88%. Daehan Synthetic Fiber Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 61.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daehan Synthetic Fiber Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.76%.


Daehan Synthetic Fiber Co EBIT Historical Data

The historical data trend for Daehan Synthetic Fiber 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.

Daehan Synthetic Fiber Co EBIT Chart

Daehan Synthetic Fiber 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 21,091.87 23,855.66 29,958.16 24,369.50 11,311.01

Daehan Synthetic Fiber Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18,760.90 1,990.49 2,392.41 255.01 6,673.11

Competitive Comparison of Daehan Synthetic Fiber Co's EBIT

For the Textile Manufacturing subindustry, Daehan Synthetic Fiber 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.


Daehan Synthetic Fiber Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Daehan Synthetic Fiber Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Daehan Synthetic Fiber Co's EV-to-EBIT falls into.



Daehan Synthetic Fiber 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 ₩11,311 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.


Daehan Synthetic Fiber Co  (XKRX:003830) EBIT Explanation

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

Daehan Synthetic Fiber 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 )
=-9590.484 * ( 1 - 28.62% )/( (779665.531 + 783639.523)/ 2 )
=-6845.6874792/781652.527
=-0.88 %

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))
=878258.451 - 19457.421 - ( 79135.499 - max(0, 25418.523 - 126557.224+79135.499))
=779665.531

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))
=860872.754 - 7689.369 - ( 69543.862 - max(0, 17924.557 - 111689.425+69543.862))
=783639.523

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

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

Daehan Synthetic Fiber 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 )
=26692.44/( ( (23379.406 + max(25333.666, 0)) + (11856.598 + max(26317.546, 0)) )/ 2 )
=26692.44/( ( 48713.072 + 38174.144 )/ 2 )
=26692.44/43443.608
=61.44 %

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)
=(22094.669 + 22822.217 + 1308.558) - (19457.421 + 0 + 1434.357)
=25333.666

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18272.179 + 19904.019 + 2411.901) - (7689.369 + 0 + 6581.184)
=26317.546

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:

Daehan Synthetic Fiber Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=11311.011/60306.557
=18.76 %

* 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.


Daehan Synthetic Fiber Co EBIT Related Terms

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Daehan Synthetic Fiber Co (XKRX:003830) Business Description

Traded in Other Exchanges
N/A
Address
162-1 Jangchung-Dong, Jung-gu, Seoul, KOR, 100-392
Daehan Synthetic Fiber Co Ltd manufactures and markets polyester products in South Korea. Its products include regular high multi yarns, dope dyed yarns, shrinkage yarns, rectangular yarns, thin yarns, thick yarns, and others.

Daehan Synthetic Fiber Co (XKRX:003830) Headlines

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