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JMicron Technology (ROCO:4925) EBIT : NT$-134.6 Mil (TTM As of Dec. 2023)


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What is JMicron Technology EBIT?

JMicron Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$88.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-134.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JMicron Technology's annualized ROC % for the quarter that ended in Dec. 2023 was 1.70%. JMicron Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 92.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JMicron Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.10%.


JMicron Technology EBIT Historical Data

The historical data trend for JMicron Technology'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.

JMicron Technology EBIT Chart

JMicron Technology 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 43.68 -23.24 167.16 -154.37 -134.59

JMicron Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 115.01 112.95 -267.32 -223.47 88.87

Competitive Comparison of JMicron Technology's EBIT

For the Semiconductors subindustry, JMicron Technology'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.


JMicron Technology's EV-to-EBIT Distribution in the Semiconductors Industry

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

* The bar in red indicates where JMicron Technology's EV-to-EBIT falls into.



JMicron Technology 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-134.6 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.


JMicron Technology  (ROCO:4925) EBIT Explanation

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

JMicron Technology's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=23.722 * ( 1 - 30.43% )/( (966.603 + 973.286)/ 2 )
=16.5033954/969.9445
=1.70 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=1357.978 - 139.918 - ( 251.457 - max(0, 160.971 - 490.919+251.457))
=966.603

Invested Capital(Q: Dec. 2023 )
=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))
=1636.306 - 158.256 - ( 504.764 - max(0, 178.873 - 731.476+504.764))
=973.286

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

JMicron Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=177.748/( ( (124.294 + max(92.301, 0)) + (105.543 + max(62.354, 0)) )/ 2 )
=177.748/( ( 216.595 + 167.897 )/ 2 )
=177.748/192.246
=92.46 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.204 + 146.374 + 11.887) - (139.918 + 0 + 4.246)
=92.301

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(106.417 + 107.641 + 8.991) - (158.256 + 0 + 2.439)
=62.354

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

JMicron Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-134.591/3284.796
=-4.10 %

* 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.


JMicron Technology EBIT Related Terms

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JMicron Technology (ROCO:4925) Business Description

Traded in Other Exchanges
N/A
Address
1F, No.13, Innovation Road 1, Hsinchu Science Park, Hsinchu, TWN
JMicron Technology Corp operates as a fabless IC company that specializes in designing high-speed data and signal interfaces. It offers bridge controller series that offers a range of high-speed and super-speed FireWire and SATAII/III interfaces for data storage applications.

JMicron Technology (ROCO:4925) Headlines

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