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Ta Ya Electric Wire & Cable (TPE:1609) EBIT : NT$2,682 Mil (TTM As of Mar. 2024)


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What is Ta Ya Electric Wire & Cable EBIT?

Ta Ya Electric Wire & Cable's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$580 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,682 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ta Ya Electric Wire & Cable's annualized ROC % for the quarter that ended in Mar. 2024 was 3.86%. Ta Ya Electric Wire & Cable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ta Ya Electric Wire & Cable's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.76%.


Ta Ya Electric Wire & Cable EBIT Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable EBIT Chart

Ta Ya Electric Wire & Cable 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 1,007.04 1,434.97 2,292.04 1,691.28 4,245.81

Ta Ya Electric Wire & Cable Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,143.62 859.97 586.07 656.15 579.52

Competitive Comparison of Ta Ya Electric Wire & Cable's EBIT

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Ya Electric Wire & Cable's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ta Ya Electric Wire & Cable's EV-to-EBIT falls into.



Ta Ya Electric Wire & Cable 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,682 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.


Ta Ya Electric Wire & Cable  (TPE:1609) EBIT Explanation

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

Ta Ya Electric Wire & Cable's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1860.92 * ( 1 - 18.35% )/( (38126.49 + 40557.878)/ 2 )
=1519.44118/39342.184
=3.86 %

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))
=46480.729 - 2476.404 - ( 7491.657 - max(0, 13394.359 - 19272.194+7491.657))
=38126.49

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))
=48131.257 - 2409.337 - ( 8094.071 - max(0, 15442.629 - 20606.671+8094.071))
=40557.878

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

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

Ta Ya Electric Wire & Cable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2318.06/( ( (16940.778 + max(6827.721, 0)) + (17117.908 + max(7570.892, 0)) )/ 2 )
=2318.06/( ( 23768.499 + 24688.8 )/ 2 )
=2318.06/24228.6495
=9.57 %

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)
=(3543.191 + 5907.933 + 706.944) - (2476.404 + 0 + 853.943)
=6827.721

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3693.352 + 5683.969 + 1489.667) - (2409.337 + 0 + 886.759)
=7570.892

When net working capital is negative, 0 is used.

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

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

Ta Ya Electric Wire & Cable's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2681.705/56345.629
=4.76 %

* 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.


Ta Ya Electric Wire & Cable EBIT Related Terms

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Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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