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Ability Opto-Electronics Technology Co (ROCO:3362) EBIT : NT$571 Mil (TTM As of Dec. 2024)


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What is Ability Opto-Electronics Technology Co EBIT?

Ability Opto-Electronics Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$158 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$571 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ability Opto-Electronics Technology Co's annualized ROC % for the quarter that ended in Dec. 2024 was 1.67%. Ability Opto-Electronics Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ability Opto-Electronics Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.29%.


Ability Opto-Electronics Technology Co EBIT Historical Data

The historical data trend for Ability Opto-Electronics Technology 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.

Ability Opto-Electronics Technology Co EBIT Chart

Ability Opto-Electronics Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,204.37 22.99 540.58 546.98 570.92

Ability Opto-Electronics Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.63 190.88 114.69 107.83 157.53

Competitive Comparison of Ability Opto-Electronics Technology Co's EBIT

For the Electronic Components subindustry, Ability Opto-Electronics Technology 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.


Ability Opto-Electronics Technology Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ability Opto-Electronics Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ability Opto-Electronics Technology Co's EV-to-EBIT falls into.


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Ability Opto-Electronics Technology 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$571 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.


Ability Opto-Electronics Technology Co  (ROCO:3362) EBIT Explanation

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

Ability Opto-Electronics Technology Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=163.768 * ( 1 - 23.32% )/( (6743.517 + 8337.387)/ 2 )
=125.5773024/7540.452
=1.67 %

where

Invested Capital(Q: Sep. 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))
=9152.978 - 889.836 - ( 1519.625 - max(0, 2744.215 - 4277.675+1519.625))
=6743.517

Invested Capital(Q: Dec. 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))
=9909.914 - 999.853 - ( 1226.654 - max(0, 3400.26 - 3972.934+1226.654))
=8337.387

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Ability Opto-Electronics Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=630.116/( ( (3679.287 + max(1819.162, 0)) + (4780.729 + max(1709.06, 0)) )/ 2 )
=630.116/( ( 5498.449 + 6489.789 )/ 2 )
=630.116/5994.119
=10.51 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1625.916 + 907.285 + 189.185) - (889.836 + 0 + 13.388)
=1819.162

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1533.696 + 1085.321 + 105.75) - (999.853 + 0 + 15.854)
=1709.06

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Ability Opto-Electronics Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=570.921/24963.519
=2.29 %

* 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.


Ability Opto-Electronics Technology Co EBIT Related Terms

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Ability Opto-Electronics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.33, Keya Road, 2nd Floor, Daya Township, Taichung, TWN, 428
Ability Opto-Electronics Technology Co Ltd is engaged in the research & development, and manufacturing of professional optical lenses. The company designs and manufactures lenses for scanners, projectors, digital cameras, multi-function printers, mobile phones, digital video recorders, multi-function printers, cell phone cameras, laptops, tablets, IP cameras, monitors, automotive lenses, and others. The reportable segments of the company are; the Optical segment which derives key revenue, and the Electronic components segment. Geographically, it derives maximum revenue from Mainland China and the rest from Taiwan, and other countries.

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