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Acon Optics Communications (ROCO:6820) EBIT : NT$18.5 Mil (TTM As of Dec. 2023)


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What is Acon Optics Communications EBIT?

Acon Optics Communications's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$0.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$18.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Acon Optics Communications's annualized ROC % for the quarter that ended in Dec. 2023 was -0.55%. Acon Optics Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Acon Optics Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.33%.


Acon Optics Communications EBIT Historical Data

The historical data trend for Acon Optics Communications'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.

Acon Optics Communications EBIT Chart

Acon Optics Communications Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 26.72 45.99 15.79 61.96 18.53

Acon Optics Communications Semi-Annual Data
Dec17 Dec18 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 5.96 31.05 30.91 17.74 0.79

Competitive Comparison of Acon Optics Communications's EBIT

For the Communication Equipment subindustry, Acon Optics Communications'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.


Acon Optics Communications's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Acon Optics Communications's EV-to-EBIT falls into.



Acon Optics Communications 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$18.5 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.


Acon Optics Communications  (ROCO:6820) EBIT Explanation

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

Acon Optics Communications'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 )
=-2.886 * ( 1 - 41.21% )/( (294.413 + 322.815)/ 2 )
=-1.6966794/308.614
=-0.55 %

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))
=625.959 - 215.143 - ( 147.931 - max(0, 294.15 - 410.553+147.931))
=294.413

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))
=615.721 - 169.62 - ( 171.711 - max(0, 273.461 - 396.747+171.711))
=322.815

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:

Acon Optics Communications'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 )
=1.586/( ( (189.846 + max(44.365, 0)) + (186.038 + max(48.992, 0)) )/ 2 )
=1.586/( ( 234.211 + 235.03 )/ 2 )
=1.586/234.6205
=0.68 %

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)
=(156.627 + 86.817 + 19.081) - (215.143 + 0 + 3.017)
=44.365

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126.997 + 84.58 + 10.719) - (169.62 + 0 + 3.684)
=48.992

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:

Acon Optics Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=18.532/556.321
=3.33 %

* 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.


Acon Optics Communications EBIT Related Terms

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Acon Optics Communications (ROCO:6820) Business Description

Traded in Other Exchanges
N/A
Address
Lane 45, Baoxing Road, 5th Floor, No. 4, Alley 9, Xindian District, New Taipei City, TWN, 231
Acon Optics Communications Inc is engaged in manufacturing fiber optic cabling systems. Its products include Connectors, Adapter, patchcords, FTTA Solutions, MPO/MTP Solutions, Data Center Solutions, Accessories, NTT-AT HIREC 100, Reality series-Fiber Optic extender, Speedy series- Fiber Optic and Copper transceivers.

Acon Optics Communications (ROCO:6820) Headlines

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