Meimaii Technology Co (ROCO:6473) EBIT : NT$-39.8 Mil (TTM As of Dec. 2023)

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What is Meimaii Technology Co EBIT?

Meimaii Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$-10.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-39.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meimaii Technology Co's annualized ROC % for the quarter that ended in Dec. 2023 was -18.57%. Meimaii Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -236.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meimaii Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.69%.

Meimaii Technology Co EBIT Historical Data

The historical data trend for Meimaii 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.

Meimaii Technology Co EBIT Chart

Meimaii Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-64.24

0.13

-6.24

-1.33

-39.80

Meimaii Technology Co 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															-0.41	2.03	-3.36	-29.84	-9.96

Competitive Comparison of Meimaii Technology Co's EBIT

For the Electronic Gaming & Multimedia subindustry, Meimaii 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.

Meimaii Technology Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meimaii Technology Co's EV-to-EBIT distribution charts can be found below:

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

Meimaii 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-39.8 Mil.

Meimaii Technology Co (ROCO:6473) EBIT Explanation

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

Meimaii Technology Co'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 )
=	-24.566 * ( 1 - 0% )	/	( (120.245	+	144.296)	/ 2 )
=	-24.566	/	132.2705
=	-18.57 %

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	))
=	184.744	-	28.857	-	( 64.536	-	max(0, 52.993	-	88.635	+	64.536	))
=	120.245

	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	))
=	207.987	-	44.04	-	( 61.195	-	max(0, 82.373	-	102.024	+	61.195	))
=	144.296

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:

Meimaii Technology Co'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 )
=	-19.924	/	( ( (1.337 + max(-26.884, 0))	+	(15.532 + max(-11.057, 0)) )	/	2 )
=	-19.924	/	( ( 1.337	+	15.532 )	/	2 )
=	-19.924	/	8.4345
=	-236.22 %

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)
=	(5.824	+	4.969	+	13.201)	-	(28.857	+	0	+	22.021)
=	-26.884

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.094	+	7.375	+	28.317)	-	(44.04	+	0	+	7.803)
=	-11.057

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-39.801	/	270.908
	=	-14.69 %

Meimaii Technology Co EBIT Related Terms

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Meimaii Technology Co (ROCO:6473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meimaii Technology Co Ltd (ROCO:6473) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 63, Bo'ai Rd, 2nd Floor, Zhongzheng District, Taipei, TWN, 100

Website

https://www.meimaii.com

Meimaii Technology Co Ltd formerly SNSplus Inc is a Taiwan-based company focused on game publishing and operations in the Asian market. The major markets of the company consist of Greater China, Thailand, and Japan.

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