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Asia Sermkij Leasing PCL (BKK:ASK) EBIT : ฿1,511 Mil (TTM As of Mar. 2024)


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What is Asia Sermkij Leasing PCL EBIT?

Asia Sermkij Leasing PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿740 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,511 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asia Sermkij Leasing PCL's annualized ROC % for the quarter that ended in Mar. 2024 was 2.70%. Asia Sermkij Leasing PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 180.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asia Sermkij Leasing PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.08%.


Asia Sermkij Leasing PCL EBIT Historical Data

The historical data trend for Asia Sermkij Leasing PCL'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.

Asia Sermkij Leasing PCL EBIT Chart

Asia Sermkij Leasing PCL 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 1,399.89 1,120.58 1,518.04 1,899.25 1,551.10

Asia Sermkij Leasing PCL 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 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 790.67 794.05 773.93 -796.69 739.70

Competitive Comparison of Asia Sermkij Leasing PCL's EBIT

For the Credit Services subindustry, Asia Sermkij Leasing PCL'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.


Asia Sermkij Leasing PCL's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asia Sermkij Leasing PCL's EV-to-EBIT falls into.



Asia Sermkij Leasing PCL 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,511 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.


Asia Sermkij Leasing PCL  (BKK:ASK) EBIT Explanation

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

Asia Sermkij Leasing PCL's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2958.808 * ( 1 - 20.23% )/( (84998.214 + 89571.324)/ 2 )
=2360.2411416/87284.769
=2.70 %

where

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))
=77528.921 - 244.532 - ( 563.866 - max(0, 33733.35 - 26019.525+563.866))
=84998.214

Invested Capital(Q: Mar. 2024 )
=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))
=78406.952 - 336.056 - ( 489.781 - max(0, 38007.056 - 26506.628+489.781))
=89571.324

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Asia Sermkij Leasing PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2958.808/( ( (501.995 + max(770.612, 0)) + (930.324 + max(1082.462, 0)) )/ 2 )
=2958.808/( ( 1272.607 + 2012.786 )/ 2 )
=2958.808/1642.6965
=180.12 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 2556.352) - (244.532 + 0 + 1541.208)
=770.612

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.065 + 0 + 2712.657) - (336.056 + 0 + 1369.204)
=1082.462

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Asia Sermkij Leasing PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1510.991/72506.308
=2.08 %

* 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.


Asia Sermkij Leasing PCL EBIT Related Terms

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Asia Sermkij Leasing PCL (BKK:ASK) Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, 175 Sathorn City Tower, 24th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
Asia Sermkij Leasing PCL operates hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and metropolitan area. Subsequently, the company has expanded its business into used car hire purchase, personal loan and floor plan financing as well as other services such as auto registration, tax renewal, and insurance services. The business operation can be classified into five operating segments: The hire purchase segment, The leasing segment, The loan segment, The factoring segment, The insurance broker segment. A major part of the revenue is generated from hire purchase division.

Asia Sermkij Leasing PCL (BKK:ASK) Headlines

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