GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Pakistan Ltd (KAR:LOTCHEM) » Definitions » EBIT

Lotte Chemical Pakistan (KAR:LOTCHEM) EBIT : ₨7,963 Mil (TTM As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Lotte Chemical Pakistan EBIT?

Lotte Chemical Pakistan's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₨1,526 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₨7,963 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lotte Chemical Pakistan's annualized ROC % for the quarter that ended in Mar. 2024 was 14.54%. Lotte Chemical Pakistan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 39.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lotte Chemical Pakistan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 37.66%.


Lotte Chemical Pakistan EBIT Historical Data

The historical data trend for Lotte Chemical Pakistan'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.

Lotte Chemical Pakistan EBIT Chart

Lotte Chemical Pakistan 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 7,751.06 3,222.23 6,705.03 15,995.69 9,961.52

Lotte Chemical Pakistan 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 3,848.41 2,233.82 3,681.92 520.53 1,526.43

Competitive Comparison of Lotte Chemical Pakistan's EBIT

For the Specialty Chemicals subindustry, Lotte Chemical Pakistan'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.


Lotte Chemical Pakistan's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical Pakistan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lotte Chemical Pakistan's EV-to-EBIT falls into.



Lotte Chemical Pakistan 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 ₨7,963 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.


Lotte Chemical Pakistan  (KAR:LOTCHEM) EBIT Explanation

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

Lotte Chemical Pakistan'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 )
=5430.78 * ( 1 - 38.94% )/( (23685.461 + 21932.663)/ 2 )
=3316.034268/22809.062
=14.54 %

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))
=43575.743 - 14123.86 - ( 5766.422 - max(0, 20460.022 - 35073.231+5766.422))
=23685.461

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))
=47332.407 - 18002.661 - ( 7397.083 - max(0, 23441.863 - 38989.69+7397.083))
=21932.663

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

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

Lotte Chemical Pakistan'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 )
=6105.728/( ( (6109.717 + max(10205.812, 0)) + (5887.125 + max(8512.156, 0)) )/ 2 )
=6105.728/( ( 16315.529 + 14399.281 )/ 2 )
=6105.728/15357.405
=39.76 %

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)
=(8486.031 + 15463.359 + 5280.041) - (14123.86 + 0 + 4899.759)
=10205.812

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12117.402 + 13859.138 + 5509.988) - (18002.661 + 0 + 4971.711)
=8512.156

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:

Lotte Chemical Pakistan's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=7962.698/21146.357
=37.66 %

* 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.


Lotte Chemical Pakistan EBIT Related Terms

Thank you for viewing the detailed overview of Lotte Chemical Pakistan's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Lotte Chemical Pakistan (KAR:LOTCHEM) Business Description

Traded in Other Exchanges
N/A
Address
EZ/1/P-4, Eastern Industrial Zone, P.O. Box 723, Port Qasim, Karachi, SD, PAK, 74200
Lotte Chemical Pakistan Ltd is a Pakistan-based manufacturer and supplier of Purified Terephthalic Acid (PTA). The business activity of the firm is operated through the manufacture and sale of chemicals segments. The organization supplies products to the textile, domestic polyester, and polyethylene terephthalate packaging industries.

Lotte Chemical Pakistan (KAR:LOTCHEM) Headlines

No Headlines