GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hsin Tai Gas Corp (ROCO:8917) » Definitions » EBIT

Hsin Tai Gas (ROCO:8917) EBIT : NT$475 Mil (TTM As of Dec. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Hsin Tai Gas EBIT?

Hsin Tai Gas's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$475 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hsin Tai Gas's annualized ROC % for the quarter that ended in Dec. 2024 was 6.07%. Hsin Tai Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hsin Tai Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.02%.


Hsin Tai Gas EBIT Historical Data

The historical data trend for Hsin Tai Gas'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.

Hsin Tai Gas EBIT Chart

Hsin Tai Gas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.17 404.83 457.69 480.07 474.93

Hsin Tai Gas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.77 129.58 151.16 106.17 88.01

Competitive Comparison of Hsin Tai Gas's EBIT

For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.


Hsin Tai Gas's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hsin Tai Gas's EV-to-EBIT falls into.


;
;

Hsin Tai Gas 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 quarterly data reported by the company within the most recent 12 months, which was NT$475 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.


Hsin Tai Gas  (ROCO:8917) EBIT Explanation

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

Hsin Tai Gas'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: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=321.8 * ( 1 - 19.87% )/( (4193.733 + 4305.919)/ 2 )
=257.85834/4249.826
=6.07 %

where

Invested Capital(Q: Sep. 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))
=5714.497 - 329.146 - ( 2241.758 - max(0, 1378.015 - 2569.633+2241.758))
=4193.733

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))
=5875.901 - 401.62 - ( 2288.407 - max(0, 1509.315 - 2677.677+2288.407))
=4305.919

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Hsin Tai Gas'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: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=352.056/( ( (2929.181 + max(-1059.287, 0)) + (2983.342 + max(-1125.374, 0)) )/ 2 )
=352.056/( ( 2929.181 + 2983.342 )/ 2 )
=352.056/2956.2615
=11.91 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(228.063 + 67.862 + 16.762) - (329.146 + 0 + 1042.828)
=-1059.287

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(287.626 + 73.885 + 11.301) - (401.62 + 0 + 1096.566)
=-1125.374

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Hsin Tai Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=474.927/7894.468
=6.02 %

* 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.


Hsin Tai Gas EBIT Related Terms

Thank you for viewing the detailed overview of Hsin Tai Gas's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hsin Tai Gas Business Description

Traded in Other Exchanges
N/A
Address
No. 221, Section 2, Zhonghua Road, Tucheng District, New Taipei City, TWN
Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City.

Hsin Tai Gas Headlines

No Headlines