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Trans Sun Materials Technology Co (ROCO:6967) EBIT : NT$113 Mil (TTM As of Jun. 2024)


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What is Trans Sun Materials Technology Co EBIT?

Trans Sun Materials Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$113 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trans Sun Materials Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was 11.27%. Trans Sun Materials Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 22.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trans Sun Materials Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.50%.


Trans Sun Materials Technology Co EBIT Historical Data

The historical data trend for Trans Sun Materials Technology 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.

Trans Sun Materials Technology Co EBIT Chart

Trans Sun Materials Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
- 164.36 149.48 142.41 138.19

Trans Sun Materials Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 97.33 45.08 80.39 57.80 55.24

Competitive Comparison of Trans Sun Materials Technology Co's EBIT

For the Specialty Chemicals subindustry, Trans Sun Materials Technology 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.


Trans Sun Materials Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

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

* The bar in red indicates where Trans Sun Materials Technology Co's EV-to-EBIT falls into.



Trans Sun Materials Technology 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$113 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.


Trans Sun Materials Technology Co  (ROCO:6967) EBIT Explanation

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

Trans Sun Materials Technology 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 )
=77.986 * ( 1 - 22.83% )/( (529.82 + 538.264)/ 2 )
=60.1817962/534.042
=11.27 %

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))
=1129.138 - 305.965 - ( 293.353 - max(0, 411.617 - 903.259+293.353))
=529.82

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))
=1190.63 - 329.379 - ( 322.987 - max(0, 496.06 - 963.514+322.987))
=538.264

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:

Trans Sun Materials Technology 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 )
=110.476/( ( (185.875 + max(291.113, 0)) + (186.541 + max(301.427, 0)) )/ 2 )
=110.476/( ( 476.988 + 487.968 )/ 2 )
=110.476/482.478
=22.90 %

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)
=(496.901 + 93.08 + 7.7339999999999) - (305.965 + 0 + 0.63700000000006)
=291.113

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(518.343 + 103.814 + 9.3159999999999) - (329.379 + 0 + 0.66699999999997)
=301.427

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:

Trans Sun Materials Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=113.042/982.667
=11.50 %

* 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.


Trans Sun Materials Technology Co EBIT Related Terms

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Trans Sun Materials Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 185-2, Gongyequ 38th Road, Xiehe Village Xitun District, Taichung, TWN, 407020
Trans Sun Materials Technology Co Ltd is a comprehensive company that provides material solutions, including materials such as protective films, tapes, insulation, EMI, buffers, mesh, waterproof and breathable films, and appearance printing materials.

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