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Generation Asia I Acquisition (Generation Asia I Acquisition) EBIT : $-1.34 Mil (TTM As of Mar. 2024)


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What is Generation Asia I Acquisition EBIT?

Generation Asia I Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Generation Asia I Acquisition's annualized ROC % for the quarter that ended in Mar. 2024 was -1.93%. Generation Asia I Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Generation Asia I Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.49%.


Generation Asia I Acquisition EBIT Historical Data

The historical data trend for Generation Asia I Acquisition'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.

Generation Asia I Acquisition EBIT Chart

Generation Asia I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- -0.98 -1.19

Generation Asia I Acquisition Quarterly Data
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 -0.26 -0.36 -0.34 -0.22 -0.42

Competitive Comparison of Generation Asia I Acquisition's EBIT

For the Shell Companies subindustry, Generation Asia I Acquisition'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.


Generation Asia I Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Generation Asia I Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Generation Asia I Acquisition's EV-to-EBIT falls into.



Generation Asia I Acquisition 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 $-1.34 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.


Generation Asia I Acquisition  (NAS:GAQ) EBIT Explanation

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

Generation Asia I Acquisition'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 )
=-1.664 * ( 1 - 0% )/( (85.354 + 87.375)/ 2 )
=-1.664/86.3645
=-1.93 %

where

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

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

Generation Asia I Acquisition'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 )
=-1.664/( ( (0 + max(-0.547, 0)) + (0 + max(-0.601, 0)) )/ 2 )
=-1.664/( ( 0 + 0 )/ 2 )
=-1.664/0
= %

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 + 0.027) - (0.574 + 0 + 0)
=-0.547

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.084) - (0.685 + 0 + 0)
=-0.601

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:

Generation Asia I Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.339/90.116
=-1.49 %

* 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.


Generation Asia I Acquisition EBIT Related Terms

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Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102
Generation Asia I Acquisition Ltd is a blank check company.
Executives
Mei Gao director 101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan director, officer: Chief Executive Officer 68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka officer: Chief Financial Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa director, officer: Chief Operating Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan director TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3

Generation Asia I Acquisition (Generation Asia I Acquisition) Headlines