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ION Electronic Materials Co (ROCO:6959) EBIT : NT$116.4 Mil (TTM As of Dec. 2023)


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What is ION Electronic Materials Co EBIT?

ION Electronic Materials Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was NT$44.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$116.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ION Electronic Materials Co's annualized ROC % for the quarter that ended in Dec. 2023 was -0.12%. ION Electronic Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ION Electronic Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.11%.


ION Electronic Materials Co EBIT Historical Data

The historical data trend for ION Electronic Materials 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.

ION Electronic Materials Co EBIT Chart

ION Electronic Materials Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
- -20.12 150.98 136.31 116.38

ION Electronic Materials Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - 70.01 66.30 72.33 44.05

Competitive Comparison of ION Electronic Materials Co's EBIT

For the Specialty Chemicals subindustry, ION Electronic Materials 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.


ION Electronic Materials Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ION Electronic Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ION Electronic Materials Co's EV-to-EBIT falls into.



ION Electronic Materials 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$116.4 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.


ION Electronic Materials Co  (ROCO:6959) EBIT Explanation

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

ION Electronic Materials 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 )
=-1.614 * ( 1 - 20.25% )/( (982.766 + 1163.142)/ 2 )
=-1.287165/1072.954
=-0.12 %

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))
=1854.541 - 279.049 - ( 592.726 - max(0, 466.54 - 1134.82+592.726))
=982.766

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))
=1695.893 - 171.101 - ( 361.65 - max(0, 264.724 - 859.826+361.65))
=1163.142

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:

ION Electronic Materials 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 )
=88.108/( ( (637.783 + max(192.886, 0)) + (757.056 + max(239.783, 0)) )/ 2 )
=88.108/( ( 830.669 + 996.839 )/ 2 )
=88.108/913.754
=9.64 %

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)
=(137.393 + 274.245 + 111.834) - (279.049 + 0 + 51.537)
=192.886

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.111 + 250.427 + 41.025) - (171.101 + 0 + 23.679)
=239.783

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:

ION Electronic Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=116.382/3743.946
=3.11 %

* 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.


ION Electronic Materials Co EBIT Related Terms

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ION Electronic Materials Co (ROCO:6959) Business Description

Traded in Other Exchanges
N/A
Address
No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103
ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.

ION Electronic Materials Co (ROCO:6959) Headlines

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