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Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) EBIT : ฿-127.0 Mil (TTM As of Mar. 2024)


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What is Shun Thai Rubber Gloves Industry PCL EBIT?

Shun Thai Rubber Gloves Industry PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿-15.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-127.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shun Thai Rubber Gloves Industry PCL's annualized ROC % for the quarter that ended in Mar. 2024 was -9.89%. Shun Thai Rubber Gloves Industry PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -13.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shun Thai Rubber Gloves Industry PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 134.73%.


Shun Thai Rubber Gloves Industry PCL EBIT Historical Data

The historical data trend for Shun Thai Rubber Gloves Industry 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.

Shun Thai Rubber Gloves Industry PCL EBIT Chart

Shun Thai Rubber Gloves Industry 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 -229.61 344.09 460.96 -80.88 -137.92

Shun Thai Rubber Gloves Industry 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 -26.21 -31.60 -19.97 -60.15 -15.29

Competitive Comparison of Shun Thai Rubber Gloves Industry PCL's EBIT

For the Medical Instruments & Supplies subindustry, Shun Thai Rubber Gloves Industry 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.


Shun Thai Rubber Gloves Industry PCL's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shun Thai Rubber Gloves Industry PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shun Thai Rubber Gloves Industry PCL's EV-to-EBIT falls into.



Shun Thai Rubber Gloves Industry 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 ฿-127.0 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.


Shun Thai Rubber Gloves Industry PCL  (BKK:STHAI) EBIT Explanation

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

Shun Thai Rubber Gloves Industry 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 )
=-73.608 * ( 1 - -4.07% )/( (793.774 + 756.081)/ 2 )
=-76.6038456/774.9275
=-9.89 %

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))
=1106.206 - 43.824 - ( 268.608 - max(0, 56.604 - 376.162+268.608))
=793.774

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))
=1114.889 - 68.33 - ( 290.478 - max(0, 81.207 - 404.571+290.478))
=756.081

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

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

Shun Thai Rubber Gloves Industry 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 )
=-61.14/( ( (406.287 + max(56.154, 0)) + (387.79 + max(37.754, 0)) )/ 2 )
=-61.14/( ( 462.441 + 425.544 )/ 2 )
=-61.14/443.9925
=-13.77 %

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)
=(12.976 + 84.298 + 7.705) - (43.824 + 5.001 + 7.105427357601E-15)
=56.154

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.05 + 86.9 + 5.383) - (68.33 + 5.249 + 0)
=37.754

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:

Shun Thai Rubber Gloves Industry PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-127/-94.266
=134.73 %

* 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.


Shun Thai Rubber Gloves Industry PCL EBIT Related Terms

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Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Business Description

Traded in Other Exchanges
N/A
Address
Number 1, Promphan Tower 2, Room Number 608, 6th Floor, Soi Lat Phrao 3, Chom Phon, Chatuchak, Bangkok, THA, 10900
Shun Thai Rubber Gloves Industry PCL is engaged in the production and distribution of rubber gloves. It manufactures Natural Rubber and Nitrile Butadiene Rubber gloves for applications in both medical and general purpose markets. The company offers powder latex examination gloves, powder free latex examination gloves, latex surgical gloves, clean room gloves, and food processing and general purposed gloves.

Shun Thai Rubber Gloves Industry PCL (BKK:STHAI) Headlines

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