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Hua Yang Precision Machinery Co (ROCO:6983) EBIT : NT$77.7 Mil (TTM As of Dec. 2024)


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What is Hua Yang Precision Machinery Co EBIT?

Hua Yang Precision Machinery Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was NT$26.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$77.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hua Yang Precision Machinery Co's annualized ROC % for the quarter that ended in Dec. 2024 was 10.28%. Hua Yang Precision Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hua Yang Precision Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.13%.


Hua Yang Precision Machinery Co EBIT Historical Data

The historical data trend for Hua Yang Precision Machinery 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.

Hua Yang Precision Machinery Co EBIT Chart

Hua Yang Precision Machinery Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 28.99 83.32 50.16 40.18 77.66

Hua Yang Precision Machinery Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial 22.60 39.47 0.71 50.91 26.75

Competitive Comparison of Hua Yang Precision Machinery Co's EBIT

For the Electrical Equipment & Parts subindustry, Hua Yang Precision Machinery 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.


Hua Yang Precision Machinery Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hua Yang Precision Machinery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hua Yang Precision Machinery Co's EV-to-EBIT falls into.


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Hua Yang Precision Machinery 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$77.7 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.


Hua Yang Precision Machinery Co  (ROCO:6983) EBIT Explanation

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

Hua Yang Precision Machinery Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=50.38 * ( 1 - 19.29% )/( (382.8 + 408.132)/ 2 )
=40.661698/395.466
=10.28 %

where

Invested Capital(Q: Dec. 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))
=691.156 - 50.727 - ( 232.297 - max(0, 71.684 - 351.946+232.297))
=408.132

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

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

Hua Yang Precision Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=53.492/( ( (333.324 + max(39.253, 0)) + (332.29 + max(63.376, 0)) )/ 2 )
=53.492/( ( 372.577 + 395.666 )/ 2 )
=53.492/384.1215
=13.93 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.482 + 65.816 + 8.433) - (71.336 + 0 + 3.142)
=39.253

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.516 + 52.315 + 4.229) - (50.727 + 0 + 3.957)
=63.376

When net working capital is negative, 0 is used.

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

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

Hua Yang Precision Machinery Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=77.657/1880.609
=4.13 %

* 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.


Hua Yang Precision Machinery Co EBIT Related Terms

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Hua Yang Precision Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 360, Zhengnan 3rd Road, Yongkang District, Tainan, TWN, 710
Hua Yang Precision Machinery Co Ltd is engaged in research and development of suitable equipment for inspection, measurement, and automated production, to help its clients shorten their production time. Its product category comprises of Automated Optical Inspection, Automation Solution and Others.

Hua Yang Precision Machinery Co Headlines

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