Hsing Ta Cement Co (TPE:1109) EBIT: NT$531 Mil (TTM As of Dec. 2025)


TPE:1109 Hsing Ta Cement Co Ltd TPE:1109
71 GF Score
Price NT$14.70
GF Value NT$13.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Hsing Ta Cement Co EBIT?

Hsing Ta Cement Co TPE:1109 -0.68% 71 EBIT is NT$531 Mil as of Dec. 2025. GuruFocus rates TPE:1109 with a GF Score™ of 71/100 and a GF Value™ of NT$13.54 (Fairly Valued). The stock has 5 warning signs investors should review.

Hsing Ta Cement Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$109 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$531 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hsing Ta Cement Co's annualized ROC % for the quarter that ended in Dec. 2025 was 3.96%. Hsing Ta Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.77%.


Hsing Ta Cement Co  (TPE:1109) EBIT Explanation

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

Hsing Ta Cement Co'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 )
=370.288 * ( 1 - 28.91% )/( (6577.988 + 6720.163)/ 2 )
=263.2377392/6649.0755
=3.96 %

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))
=11001.35 - 735.955 - ( 3687.407 - max(0, 892.888 - 5795.336+3687.407))
=6577.988

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))
=11441.138 - 856.876 - ( 3864.099 - max(0, 1009.921 - 5857.661+3864.099))
=6720.163

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

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

Hsing Ta Cement Co'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 )
=436.252/( ( (2696.787 + max(444.565, 0)) + (2738.298 + max(259.843, 0)) )/ 2 )
=436.252/( ( 3141.352 + 2998.141 )/ 2 )
=436.252/3069.7465
=14.21 %

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)
=(288.041 + 888.507 + 96.827) - (735.955 + 0 + 92.855)
=444.565

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(330.379 + 829.696 + 67.398999999999) - (856.876 + 0 + 110.755)
=259.843

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:

Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=531.032/3165.887
=16.77 %

* 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.


Hsing Ta Cement Co EBIT Related Terms


Hsing Ta Cement Co EBIT Historical Data

* Premium members only.

The historical data trend for Hsing Ta Cement 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.

Hsing Ta Cement Co EBIT Chart

Hsing Ta Cement Co 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 1,839.35 993.62 1,112.91 713.84 531.03

Hsing Ta Cement Co 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 195.26 99.35 178.39 144.23 109.06

TPE:1109 vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Hsing Ta Cement 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.


Hsing Ta Cement Co EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hsing Ta Cement Co's EV-to-EBIT falls into.


TPE:1109
71GF Score
Hsing Ta Cement Co Ltd TPE:1109
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsing Ta Cement 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$531 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$531 Mil mean?
Hsing Ta Cement Co (TPE:1109) has a EBIT of NT$531 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hsing Ta Cement Co.
Is Hsing Ta Cement Co's EBIT too high?
Hsing Ta Cement Co's current EBIT is NT$531 Mil. Overall, Hsing Ta Cement Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's EBIT compare to CRH and VMC?
Hsing Ta Cement Co's EBIT of NT$531 Mil can be compared against companies in the Building Materials 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 a Building Materials company?
A good EBIT depends on the Building Materials 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 Hsing Ta Cement Co. Hsing Ta Cement Co's current EBIT is NT$531 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.54, compared to a current price of NT$14.70 — trading 8.6% above its estimated fair value. The current EBIT is NT$531 Mil. Hsing Ta Cement Co's overall GF Score™ is 71/100 with 5 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 Hsing Ta Cement Co (TPE:1109), the current EBIT is NT$531 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?

Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued. The current stock price of NT$14.70 is trading 8.6% above its estimated GF Value™ of NT$13.54. GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.

Key valuation signals for TPE:1109:

  • EBIT: NT$531 Mil
  • GF Value™: NT$13.54 vs. price of NT$14.70 (8.6% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsing Ta Cement Co Business Description

Address Baoqing Road, 7th floor, No.37, Zhongzheng District, Taipei, TWN, 100
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
71GF Score

Get the complete analysis for TPE:1109

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

NT$14.70
Price
NT$13.54
GF Value