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Goldtek Technology Co (ROCO:6638) EBIT : NT$151 Mil (TTM As of Dec. 2023)


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What is Goldtek Technology Co EBIT?

Goldtek Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$151 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goldtek Technology Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.43%. Goldtek Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goldtek Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.67%.


Goldtek Technology Co EBIT Historical Data

The historical data trend for Goldtek 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.

Goldtek Technology Co EBIT Chart

Goldtek 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 963.45 358.14 244.40 247.88 150.64

Goldtek Technology Co Semi-Annual Data
Dec14 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 154.71 175.72 72.16 122.99 27.64

Competitive Comparison of Goldtek Technology Co's EBIT

For the Communication Equipment subindustry, Goldtek 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.


Goldtek Technology Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Goldtek 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$151 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.


Goldtek Technology Co  (ROCO:6638) EBIT Explanation

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

Goldtek 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 )
=129.272 * ( 1 - 67.13% )/( (1834.083 + 1662.784)/ 2 )
=42.4917064/1748.4335
=2.43 %

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))
=3384.749 - 755.753 - ( 794.913 - max(0, 1155.257 - 2331.259+794.913))
=1834.083

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))
=3240.896 - 612.582 - ( 965.53 - max(0, 1021.955 - 2296.385+965.53))
=1662.784

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:

Goldtek 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 )
=55.286/( ( (564.751 + max(625.023, 0)) + (536.3 + max(458.773, 0)) )/ 2 )
=55.286/( ( 1189.774 + 995.073 )/ 2 )
=55.286/1092.4235
=5.06 %

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)
=(630.048 + 732.718 + 84.198) - (755.753 + 0 + 66.188)
=625.023

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(387.437 + 664.866 + 95.232) - (612.582 + 0 + 76.18)
=458.773

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=150.637/1738.015
=8.67 %

* 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.


Goldtek Technology Co EBIT Related Terms

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Goldtek Technology Co (ROCO:6638) Business Description

Traded in Other Exchanges
N/A
Address
Jian 1st Road, 16th Floor, No.166, Zhonghe District, New Taipei City, TWN, 235
Goldtek Technology Co Ltd is engaged in customization and contract manufacturing for information and communication technology devices for various industries. Its services include software development, PCBA board level design, and turn-key solution which includes ID/ME design, hardware/software development, quality testing, manufacturing and EMC/Safety certification tests.

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