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OToBrite Electronic (ROCO:2256) EBIT : NT$-171.0 Mil (TTM As of Jun. 2024)


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What is OToBrite Electronic EBIT?

OToBrite Electronic's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$-39.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-171.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OToBrite Electronic's annualized ROC % for the quarter that ended in Jun. 2024 was -84.00%. OToBrite Electronic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -105.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OToBrite Electronic's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.53%.


OToBrite Electronic EBIT Historical Data

The historical data trend for OToBrite Electronic'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.

OToBrite Electronic EBIT Chart

OToBrite Electronic Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-92.64 -60.92 27.03 5.42 -227.16

OToBrite Electronic Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.24 -21.82 -95.69 -131.47 -39.52

Competitive Comparison of OToBrite Electronic's EBIT

For the Auto Parts subindustry, OToBrite Electronic'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.


OToBrite Electronic's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where OToBrite Electronic's EV-to-EBIT falls into.



OToBrite Electronic 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$-171.0 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.


OToBrite Electronic  (ROCO:2256) EBIT Explanation

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

OToBrite Electronic'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 )
=-109.876 * ( 1 - 0% )/( (145.938 + 115.674)/ 2 )
=-109.876/130.806
=-84.00 %

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))
=377.698 - 107.4 - ( 148.329 - max(0, 195.149 - 319.509+148.329))
=145.938

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))
=332.581 - 71.851 - ( 145.056 - max(0, 125.068 - 280.927+145.056))
=115.674

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:

OToBrite Electronic'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 )
=-79.034/( ( (40.674 + max(34.02, 0)) + (35.584 + max(39.128, 0)) )/ 2 )
=-79.034/( ( 74.694 + 74.712 )/ 2 )
=-79.034/74.703
=-105.80 %

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)
=(82.224 + 86.067 + 2.575) - (107.4 + 0 + 29.446)
=34.02

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.815 + 79.028 + 4.776) - (71.851 + 0 + 24.64)
=39.128

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:

OToBrite Electronic's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-170.989/1034.146
=-16.53 %

* 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.


OToBrite Electronic EBIT Related Terms

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OToBrite Electronic Business Description

Traded in Other Exchanges
N/A
Address
No.18, Prosperity Rd.II, 6th Floor, Science-Based Industrial Park, Hsinchu, TWN
OToBrite Electronic Inc is dedicated to developing driver safety system products and artificial intelligence technologies. With a vision to provide innovative and world- leading vehicle imaging system and advanced driver assistance system, oToBrite strives to make driving simpler and safer, and to contribute to the development of automated driving technology.

OToBrite Electronic Headlines

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