Renjie Oldsichuan Catering Management Consult (ROCO:2741) EBIT : NT$110.0 Mil (TTM As of Dec. 2023)

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What is Renjie Oldsichuan Catering Management Consult EBIT?

Renjie Oldsichuan Catering Management Consult's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$47.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$110.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Renjie Oldsichuan Catering Management Consult's annualized ROC % for the quarter that ended in Dec. 2023 was 6.37%. Renjie Oldsichuan Catering Management Consult's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Renjie Oldsichuan Catering Management Consult's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.17%.

Renjie Oldsichuan Catering Management Consult EBIT Historical Data

The historical data trend for Renjie Oldsichuan Catering Management Consult'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.

Renjie Oldsichuan Catering Management Consult EBIT Chart

Renjie Oldsichuan Catering Management Consult Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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197.61

78.34

75.04

119.62

110.02

Renjie Oldsichuan Catering Management Consult Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															43.52	37.78	81.84	62.77	47.25

Competitive Comparison of Renjie Oldsichuan Catering Management Consult's EBIT

For the Restaurants subindustry, Renjie Oldsichuan Catering Management Consult'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.

Renjie Oldsichuan Catering Management Consult's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Renjie Oldsichuan Catering Management Consult's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Renjie Oldsichuan Catering Management Consult's EV-to-EBIT falls into.

Renjie Oldsichuan Catering Management Consult 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$110.0 Mil.

Renjie Oldsichuan Catering Management Consult (ROCO:2741) EBIT Explanation

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

Renjie Oldsichuan Catering Management Consult's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	80.934 * ( 1 - 19.08% )	/	( (1013.017	+	1044.177)	/ 2 )
=	65.4917928	/	1028.597
=	6.37 %

where

	Invested Capital		(Q: Jun. 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	))
=	1183.549	-	252.251	-	( 99.908	-	max(0, 311.838	-	230.119	+	99.908	))
=	1013.017

	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	))
=	1191.529	-	201.677	-	( 111.031	-	max(0, 264.071	-	209.746	+	111.031	))
=	1044.177

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Renjie Oldsichuan Catering Management Consult's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	94.508	/	( ( (868.939 + max(-169.265, 0))	+	(900.027 + max(-120.644, 0)) )	/	2 )
=	94.508	/	( ( 868.939	+	900.027 )	/	2 )
=	94.508	/	884.483
=	10.69 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7.826	+	70.037	+	23.01)	-	(252.251	+	0	+	17.887)
=	-169.265

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(27.531	+	54.075	+	16.889)	-	(201.677	+	0	+	17.462)
=	-120.644

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Renjie Oldsichuan Catering Management Consult's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	110.024	/	1347.352
	=	8.17 %

Renjie Oldsichuan Catering Management Consult EBIT Related Terms

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Renjie Oldsichuan Catering Management Consult (ROCO:2741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Renjie Oldsichuan Catering Management Consult (ROCO:2741) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 597, Wenxue Road, Zuoying District, Kaohsiung, TWN, 813

Website

http://www.oldsichuan.com.tw

Renjie Oldsichuan Catering Management Consult is engaged in hot pot chain business and owns the directly-operated restaurants throughout Taiwan.

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