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King Chou Marine Technology Co (ROCO:4417) EBIT : NT$540 Mil (TTM As of Sep. 2024)


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What is King Chou Marine Technology Co EBIT?

King Chou Marine Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$540 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. King Chou Marine Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 10.67%. King Chou Marine Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 22.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. King Chou Marine Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.64%.


King Chou Marine Technology Co EBIT Historical Data

The historical data trend for King Chou Marine 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.

King Chou Marine Technology Co EBIT Chart

King Chou Marine Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.92 541.57 362.00 584.11 471.45

King Chou Marine Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 119.43 124.15 67.69 159.44 188.67

Competitive Comparison of King Chou Marine Technology Co's EBIT

For the Textile Manufacturing subindustry, King Chou Marine 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.


King Chou Marine Technology Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, King Chou Marine Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where King Chou Marine Technology Co's EV-to-EBIT falls into.



King Chou Marine 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$540 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.


King Chou Marine Technology Co  (ROCO:4417) EBIT Explanation

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

King Chou Marine Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=574.74 * ( 1 - 30.99% )/( (3655.321 + 3781.058)/ 2 )
=396.628074/3718.1895
=10.67 %

where

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))
=5289.167 - 422.435 - ( 1211.411 - max(0, 1308.527 - 3028.197+1211.411))
=3655.321

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))
=5146.894 - 282.391 - ( 1083.445 - max(0, 1099.17 - 2872.695+1083.445))
=3781.058

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

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

King Chou Marine Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=754.668/( ( (2024.356 + max(1283.079, 0)) + (2046.561 + max(1382.714, 0)) )/ 2 )
=754.668/( ( 3307.435 + 3429.275 )/ 2 )
=754.668/3368.355
=22.40 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.426 + 1083.037 + 100.226) - (422.435 + 0 + 44.175)
=1283.079

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.695 + 1058.004 + 99.038) - (282.391 + 0 + 58.632)
=1382.714

When net working capital is negative, 0 is used.

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

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

King Chou Marine Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=539.934/4271.660
=12.64 %

* 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.


King Chou Marine Technology Co EBIT Related Terms

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King Chou Marine Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Hsingan Road, Hsinyuan Township, Kanghsi Village, Pingtung, TWN, 806
King Chou Marine Technology Co Ltd is a Taiwan based manufacturer of fishing nets, twines and ropes, as well as agricultural, industrial, military, and sports nets. Its products include purse seine net, marine hardware, fish farming net, trawl net, trap net, set net, long line, sports net, twine, rope and others. The company has a business presence in Taiwan and other countries.

King Chou Marine Technology Co Headlines

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