Hsin Tai Gas (ROCO:8917) EBIT: NT$455 Mil (TTM As of Dec. 2025)


ROCO:8917 Hsin Tai Gas Corp ROCO:8917
91 GF Score
Price NT$52.70
GF Value NT$75.74
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Hsin Tai Gas EBIT?

Hsin Tai Gas ROCO:8917 -2.41% 91 EBIT is NT$455 Mil as of Dec. 2025. GuruFocus rates ROCO:8917 with a GF Score™ of 91/100 and a GF Value™ of NT$75.74 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Hsin Tai Gas's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$455 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. 2025 was 6.63%. Hsin Tai Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.05%.

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. 2025 was 7.35%.


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. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=368.372 * ( 1 - 19.28% )/( (4517.883 + 4453.421)/ 2 )
=297.3498784/4485.652
=6.63 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=5829.848 - 323.935 - ( 2268.352 - max(0, 1625.235 - 2613.265+2268.352))
=4517.883

Invested Capital(Q: Dec. 2025 )
=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))
=6027.845 - 401.868 - ( 2397.225 - max(0, 1609.78 - 2782.336+2397.225))
=4453.421

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) 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. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=423.432/( ( (2999.87 + max(-1286.068, 0)) + (3029.457 + max(-1220.521, 0)) )/ 2 )
=423.432/( ( 2999.87 + 3029.457 )/ 2 )
=423.432/3014.6635
=14.05 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(242.404 + 72.887 + 17.442) - (323.935 + 0 + 1294.866)
=-1286.068

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(290.149 + 74.777 + 18.402) - (401.868 + 0 + 1201.981)
=-1220.521

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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. 2025 )
=454.866/6187.679
=7.35 %

* 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


Hsin Tai Gas EBIT Historical Data

* Premium members only.

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.

Hsin Tai Gas EBIT Chart

Hsin Tai Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.83 457.69 480.07 474.93 454.87

Hsin Tai Gas Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 88.01 112.71 130.78 105.52 105.86

ROCO:8917 vs ATO, NI, UGI: EBIT Comparison

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 EV-to-EBIT vs 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.


ROCO:8917
91GF Score
Hsin Tai Gas Corp ROCO:8917
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$455 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of NT$455 Mil mean?
Hsin Tai Gas (ROCO:8917) has a EBIT of NT$455 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hsin Tai Gas.
Is Hsin Tai Gas' EBIT too high?
Hsin Tai Gas' current EBIT is NT$455 Mil. Overall, Hsin Tai Gas has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Tai Gas' EBIT compare to ATO and NI?
Hsin Tai Gas' EBIT of NT$455 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hsin Tai Gas. Hsin Tai Gas's current EBIT is NT$455 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Tai Gas stock overvalued right now?
Based on GuruFocus' analysis, Hsin Tai Gas (ROCO:8917) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$75.74, compared to a current price of NT$52.70 — trading 30.4% below its estimated fair value. The current EBIT is NT$455 Mil. Hsin Tai Gas' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hsin Tai Gas (ROCO:8917), the current EBIT is NT$455 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hsin Tai Gas (ROCO:8917) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Tai Gas stock appears to be undervalued. The current stock price of NT$52.70 is trading 30.4% below its estimated GF Value™ of NT$75.74. GuruFocus considers Hsin Tai Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8917:

  • EBIT: NT$455 Mil
  • GF Value™: NT$75.74 vs. price of NT$52.70 (30.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Tai Gas Business Description

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. Its segments include: Gas Sales Segment; Equipment Segment; and Others, of which Gas Sales Segment derives maximum revenue.
91GF Score

Get the complete analysis for ROCO:8917

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$52.70
Price
NT$75.74
GF Value