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GrandTech Cloud Services (ROCO:7747) EBIT : NT$123 Mil (TTM As of Jun. 2024)


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What is GrandTech Cloud Services EBIT?

GrandTech Cloud Services's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$123 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GrandTech Cloud Services's annualized ROC % for the quarter that ended in Jun. 2024 was 22.78%. GrandTech Cloud Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 54.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GrandTech Cloud Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.85%.

GrandTech Cloud Services EBIT Historical Data

The historical data trend for GrandTech Cloud Services'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.

GrandTech Cloud Services EBIT Chart

GrandTech Cloud Services Annual Data
Trend Dec22 Dec23
EBIT
90.22 95.13

GrandTech Cloud Services Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
EBIT - 32.56 62.57 60.52

Competitive Comparison of GrandTech Cloud Services's EBIT

For the Software - Infrastructure subindustry, GrandTech Cloud Services'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.

GrandTech Cloud Services's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where GrandTech Cloud Services's EV-to-EBIT falls into.


GrandTech Cloud Services 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$123 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.

GrandTech Cloud Services  (ROCO:7747) EBIT Explanation

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

GrandTech Cloud Services'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 )
=115.576 * ( 1 - 21.13% )/( (340.305 + 460.047)/ 2 )
=91.1547912/400.176
=22.78 %

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))
=708.359 - 238.265 - ( 129.789 - max(0, 255.449 - 551.6+129.789))
=340.305

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))
=873.46 - 258.889 - ( 154.524 - max(0, 379.377 - 697.452+154.524))
=460.047

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:

GrandTech Cloud Services'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 )
=121.038/( ( (15.276 + max(148.275, 0)) + (12.98 + max(268.708, 0)) )/ 2 )
=121.038/( ( 163.551 + 281.688 )/ 2 )
=121.038/222.6195
=54.37 %

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)
=(198.606 + 18.813 + 183.563) - (238.265 + 0 + 14.442)
=148.275

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(274.027 + 25.124 + 241.316) - (258.889 + 0 + 12.87)
=268.708

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:

GrandTech Cloud Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=123.088/3201.128
=3.85 %

* 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.

GrandTech Cloud Services EBIT Related Terms

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GrandTech Cloud Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GrandTech Cloud Services Inc (ROCO:7747) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
Lane 76, Ruiguang Road, 2nd Floor, No.33, Neihu District, Taipei, TWN, 114
Website
https://www.grandtechcloud.com
GrandTech Cloud Services Inc is a company that is involved in professional software and hardware marketing and has a customer base in the games, animation, and creative industries. It has overseas bases in Hong Kong, Malaysia, Singapore, Indonesia and Japan. It provides a full range of cloud consulting and operation services to help enterprises create greater business value. It also provides FinOps multi-country cross-cloud integrated accounting systems.

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