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Good Finance Securities Co (ROCO:6021) EBIT : NT$607 Mil (TTM As of Dec. 2024)


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What is Good Finance Securities Co EBIT?

Good Finance Securities Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$607 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Good Finance Securities Co's annualized ROC % for the quarter that ended in Dec. 2024 was 2.75%. Good Finance Securities Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 83.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Good Finance Securities Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 16.49%.


Good Finance Securities Co EBIT Historical Data

The historical data trend for Good Finance Securities 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.

Good Finance Securities Co EBIT Chart

Good Finance Securities Co 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 132.17 378.96 57.79 144.57 607.35

Good Finance Securities Co 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 -56.87 250.66 215.43 -10.41 151.68

Competitive Comparison of Good Finance Securities Co's EBIT

For the Capital Markets subindustry, Good Finance Securities 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.


Good Finance Securities Co's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Good Finance Securities Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Good Finance Securities Co's EV-to-EBIT falls into.


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Good Finance Securities 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$607 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.


Good Finance Securities Co  (ROCO:6021) EBIT Explanation

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

Good Finance Securities Co'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 )
=323.076 * ( 1 - 2.53% )/( (10291.572 + 12642.478)/ 2 )
=314.9021772/11467.025
=2.75 %

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))
=23060.852 - 4567.498 - ( 12107.857 - max(0, 13456.979 - 21658.761+12107.857))
=10291.572

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))
=23493.294 - 2760.133 - ( 13896.747 - max(0, 13434.942 - 21525.625+13896.747))
=12642.478

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

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

Good Finance Securities Co'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 )
=606.708/( ( (699.07 + max(-1057.053, 0)) + (748.179 + max(-1011.432, 0)) )/ 2 )
=606.708/( ( 699.07 + 748.179 )/ 2 )
=606.708/723.6245
=83.84 %

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)
=(3754.157 + 0 + 2068.338) - (4567.498 + 0 + 2312.05)
=-1057.053

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2227.223 + 0 + 1839.222) - (2760.133 + 0 + 2317.744)
=-1011.432

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:

Good Finance Securities Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=607.354/3683.354
=16.49 %

* 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.


Good Finance Securities Co EBIT Related Terms

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Good Finance Securities Co Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, No. 174 and No. 176, Section 2, Min-Sheng East Road, Taipei, TWN
Good Finance Securities Co Ltd is a security company. The company operates its businesses through security brokerage, proprietary business, and underwriting, as well as futures trading business. It provides its services to individuals and corporate clients. The reportable segments of the Group are Client partner segment, Investment segment, Investment bank segment, Futures segment and others. Majority of revenue is generated from Client partner segment. Client partner segment is mainly responsible for securities commission agency and brokerage, followed by Investment segment which is Mainly responsible for securities dealing, bonds dealing, trading of financial instruments relating to interest rate and bills and bonds under repurchase or resale agreements.

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