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Cathay Chemical Works (TPE:1713) EBIT : NT$1,548.9 Mil (TTM As of Dec. 2024)


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What is Cathay Chemical Works EBIT?

Cathay Chemical Works's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$1,096.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$1,548.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cathay Chemical Works's annualized ROC % for the quarter that ended in Dec. 2024 was -9.01%. Cathay Chemical Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 767.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cathay Chemical Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.70%.


Cathay Chemical Works EBIT Historical Data

The historical data trend for Cathay Chemical Works'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.

Cathay Chemical Works EBIT Chart

Cathay Chemical Works 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 17.32 160.46 284.62 348.33 1,548.86

Cathay Chemical Works 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 51.94 63.54 344.91 43.78 1,096.63

Competitive Comparison of Cathay Chemical Works's EBIT

For the Specialty Chemicals subindustry, Cathay Chemical Works'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.


Cathay Chemical Works's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cathay Chemical Works's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cathay Chemical Works's EV-to-EBIT falls into.



Cathay Chemical Works 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$1,548.9 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.


Cathay Chemical Works  (TPE:1713) EBIT Explanation

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

Cathay Chemical Works'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 )
=-269.956 * ( 1 - -1.03% )/( (2982.847 + 3071.504)/ 2 )
=-272.7365468/3027.1755
=-9.01 %

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))
=3425.937 - 66.869 - ( 376.221 - max(0, 73.368 - 834.918+376.221))
=2982.847

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))
=4569.344 - 133.327 - ( 1364.513 - max(0, 137.562 - 1689.486+1364.513))
=3071.504

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

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

Cathay Chemical Works'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 )
=4386.52/( ( (317.127 + max(363.628, 0)) + (314.676 + max(147.846, 0)) )/ 2 )
=4386.52/( ( 680.755 + 462.522 )/ 2 )
=4386.52/571.6385
=767.36 %

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)
=(65.211 + 246.045 + 119.623) - (66.869 + 0 + 0.38199999999999)
=363.628

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.937 + 206.793 + 2.7110000000002) - (133.327 + 0 + 0.268)
=147.846

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:

Cathay Chemical Works's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1548.86/7138.863
=21.70 %

* 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.


Cathay Chemical Works EBIT Related Terms

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Cathay Chemical Works Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 12F, No.320, Section 4, Taipei, TWN
Cathay Chemical Works Inc operates in the specialty chemical industry. The company is in the business of manufacturing and sale of sodium hydrosulfite, zinc oxide, sodium formaldehyde sulfoxylate, zinc dust and so on.

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