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Korea District Heating (XKRX:071320) EBIT : ₩320,632 Mil (TTM As of Dec. 2023)


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What is Korea District Heating EBIT?

Korea District Heating's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₩491,274 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₩320,632 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Korea District Heating's annualized ROC % for the quarter that ended in Dec. 2023 was 19.58%. Korea District Heating's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Korea District Heating's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.02%.


Korea District Heating EBIT Historical Data

The historical data trend for Korea District Heating'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.

Korea District Heating EBIT Chart

Korea District Heating 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 35,626.37 78,820.29 81,008.07 -193,899.94 320,632.34

Korea District Heating 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 75,919.95 -87,050.94 -46,150.64 -37,439.73 491,273.65

Competitive Comparison of Korea District Heating's EBIT

For the Utilities - Renewable subindustry, Korea District Heating'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.


Korea District Heating's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Korea District Heating's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Korea District Heating's EV-to-EBIT falls into.



Korea District Heating 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 ₩320,632 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.


Korea District Heating  (XKRX:071320) EBIT Explanation

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

Korea District Heating'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 )
=1981293.504 * ( 1 - 18.53% )/( (7967985.688 + 8518965.03)/ 2 )
=1614159.8177088/8243475.359
=19.58 %

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))
=7120015.385 - 269918.831 - ( 131636.546 - max(0, 1591230.291 - 473341.157+131636.546))
=7967985.688

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))
=7968409.129 - 578094.66 - ( 16322.778 - max(0, 2028292.017 - 899641.456+16322.778))
=8518965.03

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

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

Korea District Heating'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 )
=1965094.6/( ( (6176125.46 + max(-104815.19, 0)) + (6297765.068 + max(56356.483, 0)) )/ 2 )
=1965094.6/( ( 6176125.46 + 6354121.551 )/ 2 )
=1965094.6/6265123.5055
=31.37 %

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)
=(222539.322 + 45651.56 + 8703.64) - (269918.831 + 0 + 111790.881)
=-104815.19

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(707447.672 + 61272.689 + 6997.5249999999) - (578094.66 + 0 + 141266.743)
=56356.483

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:

Korea District Heating's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=320632.341/4569567.808
=7.02 %

* 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.


Korea District Heating EBIT Related Terms

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Korea District Heating (XKRX:071320) Business Description

Traded in Other Exchanges
N/A
Address
368, Bundang-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, KOR, 463-908
Korea District Heating Corp operates in the Korean utility sector. Its business is to produce hot and cold water for the purpose of power generation. Its heating systems make sure that apartments and commercial buildings need not have their own heating facilities, thereby saving energy and reducing atmospheric pollution.

Korea District Heating (XKRX:071320) Headlines

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