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Power Master Energy Co (ROCO:6839) EBIT : NT$133 Mil (TTM As of Jun. 2024)


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What is Power Master Energy Co EBIT?

Power Master Energy Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$-1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$133 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Power Master Energy Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.12%. Power Master Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Power Master Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.07%.

Power Master Energy Co EBIT Historical Data

The historical data trend for Power Master Energy 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.

Power Master Energy Co EBIT Chart

Power Master Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 64.71 126.34 102.99 190.61 194.87

Power Master Energy Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 114.39 76.23 61.01 133.85 -0.54

Competitive Comparison of Power Master Energy Co's EBIT

For the Solar subindustry, Power Master Energy 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.

Power Master Energy Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Power Master Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Power Master Energy Co's EV-to-EBIT falls into.


Power Master Energy 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$133 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.

Power Master Energy Co  (ROCO:6839) EBIT Explanation

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

Power Master Energy Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=5.372 * ( 1 - -14.76% )/( (5106.19 + 4950.402)/ 2 )
=6.1649072/5028.296
=0.12 %

where

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))
=5922.235 - 851.693 - ( 403.458 - max(0, 2444.613 - 2408.965+403.458))
=5106.19

Invested Capital(Q: Jun. 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))
=5890.036 - 707.304 - ( 360.48 - max(0, 2336.578 - 2568.908+360.48))
=4950.402

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Power Master Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.084/( ( (2492.548 + max(514.083, 0)) + (2404.778 + max(1046.248, 0)) )/ 2 )
=-1.084/( ( 3006.631 + 3451.026 )/ 2 )
=-1.084/3228.8285
=-0.03 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(284.882 + 938.384 + 466.458) - (851.693 + 0 + 323.948)
=514.083

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(427.042 + 798.622 + 746.515) - (707.304 + 0 + 218.627)
=1046.248

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Power Master Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=133.31/4341.929
=3.07 %

* 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.

Power Master Energy Co EBIT Related Terms

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Power Master Energy Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Power Master Energy Co Ltd (ROCO:6839) » Definitions » EBIT
Comparable Companies
ROCO:4949 ROCO:4582 ROCO:3713 ROCO:6692 TPE:3686 TPE:6477 TPE:4934 ROCO:3691 ROCO:6244 FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800 SZSE:300118
Traded in Other Exchanges
N/A
Address
3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN
Website
https://www.powermaster.com.tw
Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

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