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United Purification Technology Co (ROCO:6977) EBIT : NT$6.2 Mil (TTM As of Jun. 2024)


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What is United Purification Technology Co EBIT?

United Purification Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$-13.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$6.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Purification Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was -8.81%. United Purification Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -17.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Purification Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.75%.


United Purification Technology Co EBIT Historical Data

The historical data trend for United Purification 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.

United Purification Technology Co EBIT Chart

United Purification Technology Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
154.48 129.83 53.94

United Purification Technology Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 52.62 77.21 34.71 19.23 -13.07

Competitive Comparison of United Purification Technology Co's EBIT

For the Utilities - Regulated Water subindustry, United Purification 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.


United Purification Technology Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, United Purification Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Purification Technology Co's EV-to-EBIT falls into.


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United Purification 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$6.2 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.


United Purification Technology Co  (ROCO:6977) EBIT Explanation

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

United Purification 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 )
=-46.964 * ( 1 - 20.29% )/( (452.919 + 397.386)/ 2 )
=-37.4350044/425.1525
=-8.81 %

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))
=916.98 - 137.242 - ( 326.819 - max(0, 312.727 - 797.659+326.819))
=452.919

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))
=915.64 - 139.353 - ( 378.901 - max(0, 351.867 - 781.424+378.901))
=397.386

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:

United Purification 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 )
=-26.138/( ( (25.16 + max(121.337, 0)) + (94.8 + max(62.729, 0)) )/ 2 )
=-26.138/( ( 146.497 + 157.529 )/ 2 )
=-26.138/152.013
=-17.19 %

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)
=(208.743 + 34.565 + 29.857) - (137.242 + 0 + 14.586)
=121.337

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.649 + 32.951 + 54.502) - (139.353 + 0 + 16.02)
=62.729

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:

United Purification Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=6.161/825.908
=0.75 %

* 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.


United Purification Technology Co EBIT Related Terms

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United Purification Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Road 12, 407 Industrial Zone, Taichung, TWN
United Purification Technology Co Ltd is a company engaged in developing, manufacturing and distributing of water purification systems. The company provides list of services which includes design and planning of ultrapure water systems, manufacturing, installation, expansion and maintenance of pure water equipment. It also actively provide customers with the best solutions for wastewater emission reduction and recycled water reuse.

United Purification Technology Co Headlines

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