GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oriental System Technology Inc (ROCO:6819) » Definitions » EBIT

Oriental System Technology (ROCO:6819) EBIT : NT$-42.1 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Oriental System Technology EBIT?

Oriental System Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$-32.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-42.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oriental System Technology's annualized ROC % for the quarter that ended in Dec. 2023 was -13.79%. Oriental System Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oriental System Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.87%.


Oriental System Technology EBIT Historical Data

The historical data trend for Oriental System Technology'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.

Oriental System Technology EBIT Chart

Oriental System Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -30.63 480.35 -108.15 -139.36 -42.14

Oriental System Technology Semi-Annual Data
Dec17 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 -119.64 -74.37 -64.99 -9.26 -32.88

Competitive Comparison of Oriental System Technology's EBIT

For the Semiconductors subindustry, Oriental System Technology'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.


Oriental System Technology's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Oriental System Technology's EV-to-EBIT distribution charts can be found below:

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



Oriental System Technology 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$-42.1 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.


Oriental System Technology  (ROCO:6819) EBIT Explanation

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

Oriental System Technology'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 )
=-51.292 * ( 1 - 9.06% )/( (373.291 + 303.145)/ 2 )
=-46.6449448/338.218
=-13.79 %

where

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:

Oriental System Technology'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 )
=-65.766/( ( (176.217 + max(130.882, 0)) + (161.568 + max(82.884, 0)) )/ 2 )
=-65.766/( ( 307.099 + 244.452 )/ 2 )
=-65.766/275.7755
=-23.85 %

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)
=(71.853 + 79.057 + 5.562) - (24.903 + 0 + 0.687)
=130.882

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.817 + 54.158 + 4.076) - (22.992 + 0 + 1.175)
=82.884

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-42.142/1088.625
=-3.87 %

* 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.


Oriental System Technology EBIT Related Terms

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


Oriental System Technology (ROCO:6819) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Industry E. 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075
Oriental System Technology Inc is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensor, NDIR gas sensor, and optoelectronic components.

Oriental System Technology (ROCO:6819) Headlines

No Headlines