Jing-Jan Retail Business Co (ROCO:2942) EBIT : NT$357 Mil (TTM As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Jing-Jan Retail Business Co EBIT?

Jing-Jan Retail Business Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$357 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jing-Jan Retail Business Co's annualized ROC % for the quarter that ended in Jun. 2024 was 4.25%. Jing-Jan Retail Business Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jing-Jan Retail Business Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.45%.

Jing-Jan Retail Business Co EBIT Historical Data

The historical data trend for Jing-Jan Retail Business 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.

Jing-Jan Retail Business Co EBIT Chart

Jing-Jan Retail Business Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

411.05

359.44

183.04

256.08

375.44

Jing-Jan Retail Business Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial														59.50	196.58	183.14	192.30	164.54

Competitive Comparison of Jing-Jan Retail Business Co's EBIT

For the Department Stores subindustry, Jing-Jan Retail Business 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.

Jing-Jan Retail Business Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jing-Jan Retail Business Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jing-Jan Retail Business Co's EV-to-EBIT falls into.

Save

Jing-Jan Retail Business 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$357 Mil.

Jing-Jan Retail Business Co (ROCO:2942) EBIT Explanation

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

Jing-Jan Retail Business 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 )
=	295.732 * ( 1 - 19.94% )	/	( (5749.586	+	5384.836)	/ 2 )
=	236.7630392	/	5567.211
=	4.25 %

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	))
=	6362.49	-	1088.629	-	( 1213.411	-	max(0, 1791.358	-	1315.633	+	1213.411	))
=	5749.586

	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	))
=	5604.024	-	945.74	-	( 695.84	-	max(0, 1513.481	-	786.929	+	695.84	))
=	5384.836

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:

Jing-Jan Retail Business 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 )
=	329.084	/	( ( (4585.627 + max(-1096.283, 0))	+	(4361.239 + max(-978.136, 0)) )	/	2 )
=	329.084	/	( ( 4585.627	+	4361.239 )	/	2 )
=	329.084	/	4473.433
=	7.36 %

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)
=	(71.57	+	18.889	+	8.105)	-	(1088.629	+	0	+	106.218)
=	-1096.283

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(63.826	+	18.263	+	6.2589999999999)	-	(945.74	+	0	+	120.744)
=	-978.136

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:

Jing-Jan Retail Business Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	356.838	/	4787.625
	=	7.45 %

Jing-Jan Retail Business Co EBIT Related Terms

Thank you for viewing the detailed overview of Jing-Jan Retail Business Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Jing-Jan Retail Business Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jing-Jan Retail Business Co Ltd (ROCO:2942) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Section 1, Chengde Road, Datong District, Taipei, TWN

Website

http://www.qsquare.com.tw

Jing-Jan Retail Business Co Ltd is engaged as department stores and related ancillary business. The company offers product types like floor tour which include fashion avenue, youth avenue, and food avenue, a food list which includes themes restaurant, food court, and light cafe, and shopping list.

Jing-Jan Retail Business Co Headlines

No Headlines