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Wei Chih Steel Industrial Co (TPE:2028) EBIT : NT$422 Mil (TTM As of Dec. 2024)


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What is Wei Chih Steel Industrial Co EBIT?

Wei Chih Steel Industrial Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$422 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wei Chih Steel Industrial Co's annualized ROC % for the quarter that ended in Dec. 2024 was 2.66%. Wei Chih Steel Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wei Chih Steel Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.84%.


Wei Chih Steel Industrial Co EBIT Historical Data

The historical data trend for Wei Chih Steel Industrial 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.

Wei Chih Steel Industrial Co EBIT Chart

Wei Chih Steel Industrial Co 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 663.88 1,995.72 974.91 541.60 421.79

Wei Chih Steel Industrial Co 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 145.07 192.51 131.98 39.42 57.88

Competitive Comparison of Wei Chih Steel Industrial Co's EBIT

For the Steel subindustry, Wei Chih Steel Industrial 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.


Wei Chih Steel Industrial Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Wei Chih Steel Industrial Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wei Chih Steel Industrial Co's EV-to-EBIT falls into.


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Wei Chih Steel Industrial 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$422 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.


Wei Chih Steel Industrial Co  (TPE:2028) EBIT Explanation

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

Wei Chih Steel Industrial Co'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 )
=187.212 * ( 1 - -23.59% )/( (8546.432 + 8828.325)/ 2 )
=231.3753108/8687.3785
=2.66 %

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))
=9642.407 - 930.365 - ( 165.61 - max(0, 3559.157 - 5471.951+165.61))
=8546.432

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))
=9912.163 - 903.867 - ( 179.971 - max(0, 3379.253 - 5235.499+179.971))
=8828.325

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

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

Wei Chih Steel Industrial Co'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 )
=231.532/( ( (3780.868 + max(4008.155, 0)) + (4260.403 + max(3687.911, 0)) )/ 2 )
=231.532/( ( 7789.023 + 7948.314 )/ 2 )
=231.532/7868.6685
=2.94 %

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)
=(647.554 + 4272.975 + 316.475) - (930.365 + 0 + 298.484)
=4008.155

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(530.572 + 4296.828 + 158.003) - (903.867 + 0 + 393.625)
=3687.911

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:

Wei Chih Steel Industrial Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=421.792/10977.394
=3.84 %

* 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.


Wei Chih Steel Industrial Co EBIT Related Terms

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Wei Chih Steel Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.123, NanBu Village, Guantian District, Tainan, TWN
Wei Chih Steel Industrial Co Ltd manufactures and markets steel bars and rods, steel billets, wire rods, and other steel products. The company offers reinforced and deformed steel bars which are used in general construction and building structure applications. The Company operates a single industry only, mainly for the steel process and manufacture of steel bars, bar steels, billet steel, and wire rods.

Wei Chih Steel Industrial Co Headlines

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