GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Southeast Cement Co Ltd (TPE:1110) » Definitions » EBIT

Southeast Cement Co (TPE:1110) EBIT : NT$253 Mil (TTM As of Jun. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Southeast Cement Co EBIT?

Southeast Cement Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was NT$92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$253 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Southeast Cement Co's annualized ROC % for the quarter that ended in Jun. 2024 was 2.03%. Southeast Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Southeast Cement Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.80%.


Southeast Cement Co EBIT Historical Data

The historical data trend for Southeast 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.

* Premium members only.

Southeast Cement Co EBIT Chart

Southeast Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.09 13.56 160.23 127.69 218.66

Southeast Cement Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 90.41 87.79 10.05 62.60 92.41

Competitive Comparison of Southeast Cement Co's EBIT

For the Building Materials subindustry, Southeast 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.


Southeast Cement Co's EV-to-EBIT Distribution in the Building Materials Industry

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

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



Southeast 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$253 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.


Southeast Cement Co  (TPE:1110) EBIT Explanation

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

Southeast Cement Co'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=270.828 * ( 1 - 16.53% )/( (10987.213 + 11277.556)/ 2 )
=226.0601316/11132.3845
=2.03 %

where

Invested Capital(Q: Mar. 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))
=12070.168 - 511.47 - ( 571.485 - max(0, 1846.642 - 2651.878+571.485))
=10987.213

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))
=12404.924 - 531.339 - ( 596.029 - max(0, 2066.813 - 2736.307+596.029))
=11277.556

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

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

Southeast Cement Co'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=369.652/( ( (1645.432 + max(1312.083, 0)) + (1670.054 + max(1236.784, 0)) )/ 2 )
=369.652/( ( 2957.515 + 2906.838 )/ 2 )
=369.652/2932.1765
=12.61 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(453.158 + 1321.617 + 82.445) - (511.47 + 0 + 33.667)
=1312.083

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(454.056 + 1344.427 + 84.235) - (531.339 + 0 + 114.595)
=1236.784

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=252.864/14052.491
=1.80 %

* 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.


Southeast Cement Co EBIT Related Terms

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


Southeast Cement Co Business Description

Traded in Other Exchanges
N/A
Address
No.21, Wu Fu 3 Road, 1st Floor, 4th Floor, Qianjin District, Kaohsiung, TWN
Southeast Cement Co Ltd is principally engaged in the manufacturing and distribution of cement and slag powder. It also produces limestone and pre-mixed concrete. The firm's products include type I Portland cement, clinker and slag powder. The company's products are mainly applied to public engineering and buildings.

Southeast Cement Co Headlines

No Headlines