GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shangya Technology Co Ltd (ROCO:6130) » Definitions » EBIT

Shangya Technology Co (ROCO:6130) EBIT : NT$-104.9 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Shangya Technology Co EBIT?

Shangya Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$-4.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-104.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shangya Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -5.67%. Shangya Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shangya Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.11%.


Shangya Technology Co EBIT Historical Data

The historical data trend for Shangya 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.

Shangya Technology Co EBIT Chart

Shangya 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 -12.88 -7.45 42.72 7.60 -106.73

Shangya Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.70 51.21 8.31 -159.55 -4.84

Competitive Comparison of Shangya Technology Co's EBIT

For the Drug Manufacturers - General subindustry, Shangya 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.


Shangya Technology Co's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shangya Technology Co's EV-to-EBIT distribution charts can be found below:

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



Shangya 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-104.9 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.


Shangya Technology Co  (ROCO:6130) EBIT Explanation

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

Shangya Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-42.192 * ( 1 - 9.25% )/( (674.85 + 676.697)/ 2 )
=-38.28924/675.7735
=-5.67 %

where

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

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

Shangya Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.372/( ( (213.598 + max(27.665, 0)) + (209.379 + max(41.699, 0)) )/ 2 )
=-19.372/( ( 241.263 + 251.078 )/ 2 )
=-19.372/246.1705
=-7.87 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.884 + 23.281 + 11.106) - (15.953 + 0 + 10.653)
=27.665

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.169 + 23.038 + 24.7) - (14.2 + 0 + 13.008)
=41.699

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-104.874/944.129
=-11.11 %

* 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.


Shangya Technology Co EBIT Related Terms

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


Shangya Technology Co (ROCO:6130) Business Description

Traded in Other Exchanges
N/A
Address
Nanjing East Road, 9th Floor - 12, No. 188, Section 5, Songshan District, Taipei, TWN, 10571
Shangya Technology Co Ltd Formerly Singbao International Co Ltd is a Taiwan-based company involved in various activities of research and development. The Company's main business activities include research, development, production, and sales of wireless communication integrated circuits, satellite positioning system integrated circuits, and portable product ICs. The company segments are divided into the pharmaceutical business department, the product department, and others. The company derives the majority of its revenue from the pharmaceutical business department. which is responsible for the sales of Western medicines.

Shangya Technology Co (ROCO:6130) Headlines

No Headlines