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Asahi Songwon Colors (NSE:ASAHISONG) EBIT : ₹326 Mil (TTM As of Dec. 2024)


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What is Asahi Songwon Colors EBIT?

Asahi Songwon Colors's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹326 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asahi Songwon Colors's annualized ROC % for the quarter that ended in Dec. 2024 was 2.99%. Asahi Songwon Colors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 7.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asahi Songwon Colors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.00%.


Asahi Songwon Colors EBIT Historical Data

The historical data trend for Asahi Songwon Colors'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.

Asahi Songwon Colors EBIT Chart

Asahi Songwon Colors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.07 451.52 249.75 -45.71 296.91

Asahi Songwon Colors Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 14.33 41.90 100.00 96.95 87.26

Competitive Comparison of Asahi Songwon Colors's EBIT

For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.


Asahi Songwon Colors's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Songwon Colors's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asahi Songwon Colors's EV-to-EBIT falls into.


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Asahi Songwon Colors 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹326 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.


Asahi Songwon Colors  (NSE:ASAHISONG) EBIT Explanation

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

Asahi Songwon Colors's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=283.616 * ( 1 - 47.34% )/( (5002.392 + 0)/ 1 )
=149.3521856/5002.392
=2.99 %

where

Invested Capital(Q: Sep. 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))
=6019.323 - 961.788 - ( 55.143 - max(0, 2360.028 - 2785.259+55.143))
=5002.392

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

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

Asahi Songwon Colors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=349.028/( ( (2859.304 + max(1668.145, 0)) + (0 + max(0, 0)) )/ 1 )
=349.028/( ( 4527.449 + 0 )/ 1 )
=349.028/4527.449
=7.71 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1395.822 + 865.607 + 467.666) - (961.788 + 0 + 99.162)
=1668.145

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

When net working capital is negative, 0 is used.

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

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

Asahi Songwon Colors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=326.11/6518.995
=5.00 %

* 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.


Asahi Songwon Colors EBIT Related Terms

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Asahi Songwon Colors Business Description

Traded in Other Exchanges
Address
Thaltej-Shilaj Road, Asahi House, 20, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059
Asahi Songwon Colors Ltd is a supplier and manufacturer of pigment color. It is principally engaged in the business of manufacturing phthalocyanine pigment and derivatives in India. The company deals with the following pigments: CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3 and Pigment Blue 15.4. These products are mainly used in the manufacture of printing inks while the rest find application in paints, plastics, textiles and paper industries. The company is in the process of adding new products in future. The majority of the revenue is generated outside India.

Asahi Songwon Colors Headlines

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