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Giga Solar Materials (ROCO:3691) EBIT : NT$-677 Mil (TTM As of Dec. 2024)


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What is Giga Solar Materials EBIT?

Giga Solar Materials's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$-481 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-677 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Giga Solar Materials's annualized ROC % for the quarter that ended in Dec. 2024 was -10.71%. Giga Solar Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -29.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Giga Solar Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -7.20%.


Giga Solar Materials EBIT Historical Data

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials EBIT Chart

Giga Solar Materials 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 260.79 -354.66 -446.51 -1,121.15 -679.40

Giga Solar Materials 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 -540.81 38.52 -37.17 -197.21 -481.16

Competitive Comparison of Giga Solar Materials's EBIT

For the Solar subindustry, Giga Solar Materials'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.


Giga Solar Materials's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Giga Solar Materials's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Giga Solar Materials's EV-to-EBIT falls into.


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Giga Solar Materials 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$-677 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.


Giga Solar Materials  (ROCO:3691) EBIT Explanation

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

Giga Solar Materials'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 )
=-1162.528 * ( 1 - -1.21% )/( (11891.457 + 10080.39)/ 2 )
=-1176.5945888/10985.9235
=-10.71 %

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))
=14181.812 - 336.915 - ( 1953.44 - max(0, 3199.867 - 6798.258+1953.44))
=11891.457

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))
=12207.297 - 398.778 - ( 1728.129 - max(0, 1838.364 - 6062.016+1728.129))
=10080.39

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

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

Giga Solar Materials'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 )
=-1924.62/( ( (4770.85 + max(2196.256, 0)) + (4559.8 + max(1441.954, 0)) )/ 2 )
=-1924.62/( ( 6967.106 + 6001.754 )/ 2 )
=-1924.62/6484.43
=-29.68 %

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)
=(1466.717 + 1270.451 + 510.148) - (336.915 + 0 + 714.145)
=2196.256

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(957.114 + 1159.958 + 327.07) - (398.778 + 0 + 603.41)
=1441.954

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:

Giga Solar Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-677.013/9401.045
=-7.20 %

* 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.


Giga Solar Materials EBIT Related Terms

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Giga Solar Materials Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Gongye 1st Road, 1st Floor, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. The reportable segments of the company are; the Photovoltaic materials division which generates key revenue for the company, the Solar power plant division, the Wire materials division, and others. Geographically, the company generates a majority of its revenue from Taiwan followed by Mainland China, Japan, South Korea, India, Hong Kong, and other countries.

Giga Solar Materials Headlines

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