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Turn Cloud Technology Service (ROCO:6870) EBIT : NT$99.7 Mil (TTM As of Jun. 2024)


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What is Turn Cloud Technology Service EBIT?

Turn Cloud Technology Service's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was NT$23.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$99.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Turn Cloud Technology Service's annualized ROC % for the quarter that ended in Jun. 2024 was 16.81%. Turn Cloud Technology Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 103.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Turn Cloud Technology Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.89%.


Turn Cloud Technology Service EBIT Historical Data

The historical data trend for Turn Cloud Technology Service'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.

Turn Cloud Technology Service EBIT Chart

Turn Cloud Technology Service Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
18.94 21.43 55.82 75.59 94.99

Turn Cloud Technology Service Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.93 33.27 29.06 13.53 23.82

Competitive Comparison of Turn Cloud Technology Service's EBIT

For the Software - Infrastructure subindustry, Turn Cloud Technology Service'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.


Turn Cloud Technology Service's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Turn Cloud Technology Service's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Turn Cloud Technology Service's EV-to-EBIT falls into.



Turn Cloud Technology Service 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 quarterly data reported by the company within the most recent 12 months, which was NT$99.7 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.


Turn Cloud Technology Service  (ROCO:6870) EBIT Explanation

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

Turn Cloud Technology Service'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=98.512 * ( 1 - 11.67% )/( (537.045 + 498.017)/ 2 )
=87.0156496/517.531
=16.81 %

where

Invested Capital(Q: Mar. 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))
=1298.726 - 135.587 - ( 626.094 - max(0, 231.547 - 895.291+626.094))
=537.045

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))
=1378.348 - 253.656 - ( 634.262 - max(0, 341.379 - 968.054+634.262))
=498.017

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

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

Turn Cloud Technology Service'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=95.26/( ( (91.339 + max(2.979, 0)) + (90.081 + max(-101.311, 0)) )/ 2 )
=95.26/( ( 94.318 + 90.081 )/ 2 )
=95.26/92.1995
=103.32 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.481 + 5.039 + 13.792) - (135.587 + 0 + 30.746)
=2.979

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162.78 + 10.594 + 22.72) - (253.656 + 0 + 43.749)
=-101.311

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Turn Cloud Technology Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=99.667/5278.799
=1.89 %

* 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.


Turn Cloud Technology Service EBIT Related Terms

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Turn Cloud Technology Service Business Description

Traded in Other Exchanges
N/A
Address
11th Floor-11, No.99, Section 1, XinTai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Turn Cloud Technology Service Inc is engaged in using retail technology to provide financial technology services, including financial applications, membership activities, integrated payments, and marketing platforms. Its products include Hoyabox, Olink, Tpos, Tshop, Business Intelligence and Digital Marketing among others.

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