International CSRC Investment Holdings Co (TPE:2104) EBIT: NT$-3,725 Mil (TTM As of Dec. 2025)

What is International CSRC Investment Holdings Co EBIT?

International CSRC Investment Holdings Co TPE:2104 +2.00% 61 EBIT is NT$-3,725 Mil as of Dec. 2025. GuruFocus rates TPE:2104 with a GF Score™ of 61/100 and a GF Value™ of NT$12.41 (Modestly Undervalued). The stock has 5 warning signs investors should review.

International CSRC Investment Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-794 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-3,725 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. International CSRC Investment Holdings Co's annualized ROC % for the quarter that ended in Dec. 2025 was -8.01%. International CSRC Investment Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -14.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. International CSRC Investment Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -30.28%.

International CSRC Investment Holdings Co (TPE:2104) EBIT Explanation

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

International CSRC Investment Holdings 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 )
=	-3164.5 * ( 1 - 0% )	/	( (37989.801	+	41018.165)	/ 2 )
=	-3164.5	/	39503.983
=	-8.01 %

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	))
=	49053.264	-	2333.448	-	( 14545.891	-	max(0, 13791.661	-	22521.676	+	14545.891	))
=	37989.801

	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	))
=	49185.584	-	2275.881	-	( 14847.687	-	max(0, 16268.325	-	22159.863	+	14847.687	))
=	41018.165

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

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

International CSRC Investment Holdings 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 )
=	-3177.036	/	( ( (17436.68 + max(5139.939, 0))	+	(17837.305 + max(4532.117, 0)) )	/	2 )
=	-3177.036	/	( ( 22576.619	+	22369.422 )	/	2 )
=	-3177.036	/	22473.0205
=	-14.14 %

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)
=	(2749.446	+	3459.057	+	1559.594)	-	(2333.448	+	0	+	294.71)
=	5139.939

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2616.766	+	3451.697	+	1019.414)	-	(2275.881	+	0	+	279.879)
=	4532.117

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:

International CSRC Investment Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	-3725.043	/	12300.595
	=	-30.28 %

* 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.

International CSRC Investment Holdings Co EBIT Related Terms

International CSRC Investment Holdings Co EBIT Historical Data

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The historical data trend for International CSRC Investment Holdings Co's EBIT can be seen below:

International CSRC Investment Holdings Co EBIT Chart

International CSRC Investment Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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5,552.69

1,970.62

572.21

-431.77

-3,725.04

International CSRC Investment Holdings 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															-445.67	-405.62	61.89	-2,587.06	-794.26

TPE:2104 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's EV-to-EBIT falls into.

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61GF Score

International CSRC Investment Holdings Co Ltd TPE:2104

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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International CSRC Investment Holdings 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$-3,725 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of NT$-3,725 Mil mean?

International CSRC Investment Holdings Co (TPE:2104) has a EBIT of NT$-3,725 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on International CSRC Investment Holdings Co.

Is International CSRC Investment Holdings Co's EBIT too high?

International CSRC Investment Holdings Co's current EBIT is NT$-3,725 Mil. Overall, International CSRC Investment Holdings Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does International CSRC Investment Holdings Co's EBIT compare to LIN and SHW?

International CSRC Investment Holdings Co's EBIT of NT$-3,725 Mil can be compared against companies in the Chemicals 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 Chemicals company?

A good EBIT depends on the Chemicals 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 International CSRC Investment Holdings Co. International CSRC Investment Holdings Co's current EBIT is NT$-3,725 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is International CSRC Investment Holdings Co stock overvalued right now?

Based on GuruFocus' analysis, International CSRC Investment Holdings Co (TPE:2104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.41, compared to a current price of NT$10.20 — trading 17.8% below its estimated fair value. The current EBIT is NT$-3,725 Mil. International CSRC Investment Holdings Co's overall GF Score™ is 61/100 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 International CSRC Investment Holdings Co (TPE:2104), the current EBIT is NT$-3,725 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 International CSRC Investment Holdings Co (TPE:2104) Overvalued in 2026?

Based on GuruFocus' analysis, International CSRC Investment Holdings Co stock appears to be undervalued. The current stock price of NT$10.20 is trading 17.8% below its estimated GF Value™ of NT$12.41. GuruFocus considers International CSRC Investment Holdings Co to be Modestly Undervalued.

Key valuation signals for TPE:2104:

EBIT: NT$-3,725 Mil
GF Value™: NT$12.41 vs. price of NT$10.20 (17.8% below fair value)
GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the TPE:2104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

International CSRC Investment Holdings Co Business Description

Industry Basic Materials Chemicals

Comparable Companies ROCO:6509 ROCO:7742 TPE:4306 TPE:3708 ROCO:7763 ROCO:3388 ROCO:6434 TPE:1308 TPE:2107 TPE:1713 LIN XPAR:AI SHW ECL APD XSWX:GIVN SHSE:600309 XSWX:SIKA SZSE:002466 OCSE:NSIS B

Address Zhongshan North Road, 8th Floor, No.113, Section 2, Taipei, TWN, 104

Website https://www.csrcgroup.com

International CSRC Investment Holdings Co Ltd produces carbon black, a material for tire and other rubber products. It started power and steam co-generation system operations in December. The corporation also engages in biotechnology research and development. Its products and services include Tire Applications, Application of rubber products, Application of plastic products, Ink and Coating Application, Battery material applications, Ouroboros solutions, and Testing and analysis services. Its segments include Carbon Black, Biotechnology, and Others with the majority of revenue deriving from Carbon Black. It operates in two principal geographical areas: Asia and America with majority of revenue deriving from Aisa.

61GF Score

Get the complete analysis for TPE:2104

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

NT$10.20

Price

NT$12.41

GF Value

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