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Kuang Hong Arts Management (ROCO:6596) EBIT : NT$265 Mil (TTM As of Dec. 2024)


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What is Kuang Hong Arts Management EBIT?

Kuang Hong Arts Management's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$265 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kuang Hong Arts Management's annualized ROC % for the quarter that ended in Dec. 2024 was 21.61%. Kuang Hong Arts Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 60.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kuang Hong Arts Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.65%.


Kuang Hong Arts Management EBIT Historical Data

The historical data trend for Kuang Hong Arts Management'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.

Kuang Hong Arts Management EBIT Chart

Kuang Hong Arts Management 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 114.66 -105.38 2.48 221.17 265.32

Kuang Hong Arts Management 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 101.00 91.70 34.45 87.34 51.84

Competitive Comparison of Kuang Hong Arts Management's EBIT

For the Entertainment subindustry, Kuang Hong Arts Management'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.


Kuang Hong Arts Management's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuang Hong Arts Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kuang Hong Arts Management's EV-to-EBIT falls into.


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Kuang Hong Arts Management 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$265 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.


Kuang Hong Arts Management  (ROCO:6596) EBIT Explanation

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

Kuang Hong Arts Management'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 )
=264.024 * ( 1 - 22.45% )/( (882.984 + 1011.787)/ 2 )
=204.750612/947.3855
=21.61 %

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))
=1430.059 - 144.27 - ( 736.38 - max(0, 599.276 - 1002.081+736.38))
=882.984

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))
=2007.374 - 219.609 - ( 1092.194 - max(0, 791.22 - 1567.198+1092.194))
=1011.787

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

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

Kuang Hong Arts Management'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 )
=207.344/( ( (327.232 + max(-237.577, 0)) + (357.887 + max(-253.905, 0)) )/ 2 )
=207.344/( ( 327.232 + 357.887 )/ 2 )
=207.344/342.5595
=60.53 %

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)
=(67.136 + 14.315 + 181.165) - (144.27 + 0 + 355.923)
=-237.577

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.925 + 12.003 + 344.335) - (219.609 + 0 + 491.559)
=-253.905

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:

Kuang Hong Arts Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=265.321/2749.858
=9.65 %

* 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.


Kuang Hong Arts Management EBIT Related Terms

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Kuang Hong Arts Management Business Description

Traded in Other Exchanges
N/A
Address
No. 267, Lequn 2nd Road, 6th Floor, Zhongshan District, Taipei, TWN, 10485
Kuang Hong Arts Management Inc is a media company involved in promoting cultural events which include music, dance, exhibitions, Drama, Lectures, and other events.

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