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Young Shine Electric Co (ROCO:2249) EBIT : NT$347 Mil (TTM As of Jun. 2024)


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What is Young Shine Electric Co EBIT?

Young Shine Electric Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$254 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$347 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Young Shine Electric Co's annualized ROC % for the quarter that ended in Jun. 2024 was 64.80%. Young Shine Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 107.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Young Shine Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.68%.


Young Shine Electric Co EBIT Historical Data

The historical data trend for Young Shine Electric Co'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.

Young Shine Electric Co EBIT Chart

Young Shine Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 139.74 122.59 109.86 176.37 254.01

Young Shine Electric Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 100.75 75.62 161.39 92.61 254.24

Competitive Comparison of Young Shine Electric Co's EBIT

For the Auto Parts subindustry, Young Shine Electric Co'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.


Young Shine Electric Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Young Shine Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Young Shine Electric Co's EV-to-EBIT falls into.


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Young Shine Electric Co 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$347 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.


Young Shine Electric Co  (ROCO:2249) EBIT Explanation

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

Young Shine Electric Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=430.364 * ( 1 - 23.13% )/( (434.569 + 586.474)/ 2 )
=330.8208068/510.5215
=64.80 %

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))
=1622.869 - 731.809 - ( 456.491 - max(0, 754.067 - 1369.776+456.491))
=434.569

Invested Capital(Q: Jun. 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))
=1545.77 - 562.524 - ( 396.772 - max(0, 577.157 - 1318.301+396.772))
=586.474

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Young Shine Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=508.488/( ( (220.591 + max(175.735, 0)) + (193.654 + max(352.371, 0)) )/ 2 )
=508.488/( ( 396.326 + 546.025 )/ 2 )
=508.488/471.1755
=107.92 %

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)
=(478.346 + 426.934 + 3.9880000000001) - (731.809 + 0 + 1.724)
=175.735

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(618.928 + 296.286 + 3.4279999999999) - (562.524 + 0 + 3.7470000000001)
=352.371

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Young Shine Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=346.856/2734.482
=12.68 %

* 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.


Young Shine Electric Co EBIT Related Terms

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Young Shine Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No.5, Huanqu 4th Road, Qianzhen District, Kaohsiung Processing Export Zone, Kaohsiung, TWN, 806
Young Shine Electric Co Ltd is engaged in distributing automotive air-conditioning components. The company's main business projects include the manufacturing, sales, and technical services of automobile air-conditioning compressors, heat exchangers, clutches, and automobile water tanks.

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