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Jong Shyn Shipbuilding Co (ROCO:2644) EBIT : NT$199 Mil (TTM As of Jun. 2024)


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What is Jong Shyn Shipbuilding Co EBIT?

Jong Shyn Shipbuilding Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$199 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jong Shyn Shipbuilding Co's annualized ROC % for the quarter that ended in Jun. 2024 was 1.40%. Jong Shyn Shipbuilding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jong Shyn Shipbuilding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.06%.


Jong Shyn Shipbuilding Co EBIT Historical Data

The historical data trend for Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co EBIT Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
136.16 208.21 157.68 305.53 200.99

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only 176.64 128.89 101.20 99.79 99.41

Competitive Comparison of Jong Shyn Shipbuilding Co's EBIT

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.


Jong Shyn Shipbuilding Co's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's EV-to-EBIT falls into.


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Jong Shyn Shipbuilding 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$199 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.


Jong Shyn Shipbuilding Co  (ROCO:2644) EBIT Explanation

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

Jong Shyn Shipbuilding 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 )
=135.362 * ( 1 - 17.06% )/( (7747.16 + 8259.503)/ 2 )
=112.2692428/8003.3315
=1.40 %

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))
=8827.858 - 496.422 - ( 1947.751 - max(0, 5386.237 - 5970.513+1947.751))
=7747.16

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))
=8658.13 - 553.13 - ( 2004.84 - max(0, 6155.288 - 6000.785+2004.84))
=8259.503

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:

Jong Shyn Shipbuilding 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 )
=198.826/( ( (2720.626 + max(-61.025, 0)) + (2518.09 + max(183.373, 0)) )/ 2 )
=198.826/( ( 2720.626 + 2701.463 )/ 2 )
=198.826/2711.0445
=7.33 %

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)
=(235.074 + 791.473 + 1132.202) - (496.422 + 0 + 1723.352)
=-61.025

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(188.35 + 476.199 + 1435.713) - (553.13 + 0 + 1363.759)
=183.373

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:

Jong Shyn Shipbuilding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=199.202/9682.537
=2.06 %

* 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.


Jong Shyn Shipbuilding Co EBIT Related Terms

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Jong Shyn Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 92, Lane 108, Zhongzhou 3rd Road, Qijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.

Jong Shyn Shipbuilding Co Headlines

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