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Ite Tech (TPE:3014) EBIT : NT$1,983 Mil (TTM As of Dec. 2024)


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What is Ite Tech EBIT?

Ite Tech's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$410 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$1,983 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ite Tech's annualized ROC % for the quarter that ended in Dec. 2024 was 40.53%. Ite Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 170.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ite Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.65%.


Ite Tech EBIT Historical Data

The historical data trend for Ite Tech'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.

Ite Tech EBIT Chart

Ite Tech 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 1,125.00 2,208.81 1,463.88 1,930.15 1,983.48

Ite Tech 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 404.34 441.25 515.58 616.55 410.11

Competitive Comparison of Ite Tech's EBIT

For the Semiconductors subindustry, Ite Tech'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.


Ite Tech's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ite Tech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ite Tech's EV-to-EBIT falls into.



Ite Tech 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$1,983 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.


Ite Tech  (TPE:3014) EBIT Explanation

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

Ite Tech'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 )
=1525.592 * ( 1 - 19.18% )/( (3198.624 + 2885.901)/ 2 )
=1232.9834544/3042.2625
=40.53 %

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))
=8322.229 - 1467.498 - ( 3656.107 - max(0, 1726.526 - 5724.278+3656.107))
=3198.624

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))
=8801.953 - 1647.156 - ( 4268.896 - max(0, 1915.548 - 6306.305+4268.896))
=2885.901

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

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

Ite Tech'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 )
=1640.42/( ( (740.877 + max(337.121, 0)) + (730.373 + max(120.658, 0)) )/ 2 )
=1640.42/( ( 1077.998 + 851.031 )/ 2 )
=1640.42/964.5145
=170.08 %

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)
=(1254.6 + 716.431 + 84.907) - (1467.498 + 0 + 251.319)
=337.121

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1045.227 + 900.43 + 82.791000000001) - (1647.156 + 0 + 260.634)
=120.658

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:

Ite Tech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1983.481/20558.154
=9.65 %

* 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.


Ite Tech EBIT Related Terms

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Ite Tech Business Description

Traded in Other Exchanges
N/A
Address
3F, No. 13, Innovation Road I, Hsinchu Science Park, Hsinchu, TWN, 30076
Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally develops, manufactures, and markets integrated circuits. Its product offerings include Super I/O control (SIO) ICs for desktop computers, embedded control (EC) ICs for notebook computers, high-speed audio-video interface related ICs, system on a chip (SoC), and other customized application chips.

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