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President Chain Store (TPE:2912) EBIT : NT$17,737 Mil (TTM As of Dec. 2023)


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What is President Chain Store EBIT?

President Chain Store's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was NT$4,055 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$17,737 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. President Chain Store's annualized ROC % for the quarter that ended in Dec. 2023 was 4.35%. President Chain Store's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. President Chain Store's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.14%.


President Chain Store EBIT Historical Data

The historical data trend for President Chain Store'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.

President Chain Store EBIT Chart

President Chain Store 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 16,380.19 15,131.84 13,286.12 15,249.80 17,736.93

President Chain Store Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,566.12 4,408.79 4,368.59 4,904.84 4,054.71

Competitive Comparison of President Chain Store's EBIT

For the Grocery Stores subindustry, President Chain Store'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.


President Chain Store's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where President Chain Store's EV-to-EBIT falls into.



President Chain Store 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$17,737 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.


President Chain Store  (TPE:2912) EBIT Explanation

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

President Chain Store's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=11683.808 * ( 1 - 23.51% )/( (207052.405 + 203815.043)/ 2 )
=8936.9447392/205433.724
=4.35 %

where

Invested Capital(Q: Sep. 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))
=254195.535 - 66508.584 - ( 56840.351 - max(0, 113234.951 - 93869.497+56840.351))
=207052.405

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))
=257352.472 - 67547.555 - ( 56851.457 - max(0, 108883.539 - 94873.413+56851.457))
=203815.043

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

President Chain Store's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16218.856/( ( (123817.054 + max(-44939.125, 0)) + (125702.725 + max(-43484.145, 0)) )/ 2 )
=16218.856/( ( 123817.054 + 125702.725 )/ 2 )
=16218.856/124759.8895
=13.00 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7705.311 + 20240.979 + 4795.443) - (66508.584 + 0 + 11172.274)
=-44939.125

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7340.609 + 23427.376 + 4324.471) - (67547.555 + 0 + 11029.046)
=-43484.145

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

President Chain Store's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=17736.933/345328.898
=5.14 %

* 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.


President Chain Store EBIT Related Terms

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President Chain Store (TPE:2912) Business Description

Traded in Other Exchanges
N/A
Address
65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110
President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

President Chain Store (TPE:2912) Headlines

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