GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gold Rain Enterprises Corp (ROCO:4503) » Definitions » EBIT

Gold Rain Enterprises (ROCO:4503) EBIT : NT$-70.7 Mil (TTM As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Gold Rain Enterprises EBIT?

Gold Rain Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$-18.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-70.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Rain Enterprises's annualized ROC % for the quarter that ended in Sep. 2024 was -9.20%. Gold Rain Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -12.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gold Rain Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.16%.


Gold Rain Enterprises EBIT Historical Data

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises EBIT Chart

Gold Rain Enterprises 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 27.41 -14.68 -33.24 -45.12 -78.07

Gold Rain Enterprises 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 -11.29 -32.88 -16.65 -3.06 -18.08

Competitive Comparison of Gold Rain Enterprises's EBIT

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's EV-to-EBIT falls into.



Gold Rain Enterprises 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$-70.7 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.


Gold Rain Enterprises  (ROCO:4503) EBIT Explanation

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

Gold Rain Enterprises'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 )
=-62.252 * ( 1 - 2.79% )/( (654.82 + 660.648)/ 2 )
=-60.5151692/657.734
=-9.20 %

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))
=1032.064 - 44.208 - ( 333.036 - max(0, 112.512 - 549.162+333.036))
=654.82

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))
=1244.164 - 52.601 - ( 530.915 - max(0, 122.418 - 767.167+530.915))
=660.648

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

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

Gold Rain Enterprises'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 )
=-72.304/( ( (435.563 + max(125.615, 0)) + (429.245 + max(141.013, 0)) )/ 2 )
=-72.304/( ( 561.178 + 570.258 )/ 2 )
=-72.304/565.718
=-12.78 %

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)
=(32.377 + 140.103 + 28.964) - (44.208 + 0 + 31.621)
=125.615

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.713 + 138.457 + 42.07) - (52.601 + 0 + 36.626)
=141.013

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:

Gold Rain Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-70.666/3267.501
=-2.16 %

* 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.


Gold Rain Enterprises EBIT Related Terms

Thank you for viewing the detailed overview of Gold Rain Enterprises's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold Rain Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Lane 411, Punei Street, No. 101, Yanhe Village, Changhua County, Changhua, TWN, 500024
Gold Rain Enterprises Corp is a Taiwan-based manufacturer of vending machines. It offers various service machines comprising digital vending machines, post machines, digital photo printers, knocking gamers, lottery machines, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding, and assembly lines. Geographically, the company generates maximum revenue from Taiwan and the rest from other parts of Asia.

Gold Rain Enterprises Headlines

No Headlines