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Pan Asia Chemical (ROCO:4707) EBIT : NT$434 Mil (TTM As of Jun. 2024)


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What is Pan Asia Chemical EBIT?

Pan Asia Chemical's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was NT$123 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$434 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pan Asia Chemical's annualized ROC % for the quarter that ended in Jun. 2024 was -0.10%. Pan Asia Chemical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 52.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pan Asia Chemical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.25%.


Pan Asia Chemical EBIT Historical Data

The historical data trend for Pan Asia Chemical'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.

Pan Asia Chemical EBIT Chart

Pan Asia Chemical 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 334.53 292.48 379.23 465.79 393.43

Pan Asia Chemical Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 113.35 135.58 83.18 92.43 123.15

Competitive Comparison of Pan Asia Chemical's EBIT

For the Specialty Chemicals subindustry, Pan Asia Chemical'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.


Pan Asia Chemical's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pan Asia Chemical's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pan Asia Chemical's EV-to-EBIT falls into.



Pan Asia Chemical 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 quarterly data reported by the company within the most recent 12 months, which was NT$434 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.


Pan Asia Chemical  (ROCO:4707) EBIT Explanation

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

Pan Asia Chemical'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-9.736 * ( 1 - 1.25% )/( (9469.731 + 9685.433)/ 2 )
=-9.6143/9577.582
=-0.10 %

where

Invested Capital(Q: Mar. 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))
=8155.648 - 69.869 - ( 533.197 - max(0, 2180.545 - 796.593+533.197))
=9469.731

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))
=8700.628 - 383.709 - ( 486.521 - max(0, 2500.104 - 1131.59+486.521))
=9685.433

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

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

Pan Asia Chemical'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=492.616/( ( (808.338 + max(167.664, 0)) + (800.935 + max(99.058, 0)) )/ 2 )
=492.616/( ( 976.002 + 899.993 )/ 2 )
=492.616/937.9975
=52.52 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.989 + 111.574 + 60.567) - (69.869 + 0 + 8.5969999999998)
=167.664

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(222.316 + 184.99 + 89.95) - (383.709 + 0 + 14.489)
=99.058

When net working capital is negative, 0 is used.

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

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

Pan Asia Chemical's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=434.337/8272.924
=5.25 %

* 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.


Pan Asia Chemical EBIT Related Terms

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Pan Asia Chemical Business Description

Traded in Other Exchanges
N/A
Address
Hsin Sheng South Road, 11F., No.50, Sec. 1, Taipei, TWN
Pan Asia Chemical Corp is engaged in the manufacturing, processing, and distribution of various non-ionic surfactants, which could be divided into two parts: Ethylene oxide derivative products and esterified products. Its products are applied in household cleaners, personal toiletries, as well as fiber, metal, plastics, and rubber industries, among others.

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