Shin Zu Shing Co (TPE:3376) EBIT : NT$1,434 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Shin Zu Shing Co EBIT?

Shin Zu Shing Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$409 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,434 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shin Zu Shing Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.95%. Shin Zu Shing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shin Zu Shing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.40%.

Shin Zu Shing Co EBIT Historical Data

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co EBIT Chart

Shin Zu Shing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

2,016.16

2,455.05

1,638.82

2,279.31

1,186.52

Shin Zu Shing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															161.24	326.78	414.14	284.36	408.69

Competitive Comparison of Shin Zu Shing Co's EBIT

For the Metal Fabrication subindustry, Shin Zu Shing 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.

Shin Zu Shing Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's EV-to-EBIT falls into.

Shin Zu Shing 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,434 Mil.

Shin Zu Shing Co (TPE:3376) EBIT Explanation

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

Shin Zu Shing Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1040.44 * ( 1 - 21.33% )	/	( (11663.601	+	11894.355)	/ 2 )
=	818.514148	/	11778.978
=	6.95 %

where

	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	))
=	21552.068	-	3309.3	-	( 6579.167	-	max(0, 5530.459	-	12600.302	+	6579.167	))
=	11663.601

	Invested Capital		(Q: Mar. 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	))
=	21884.585	-	3560.442	-	( 6429.788	-	max(0, 5422.799	-	13012.229	+	6429.788	))
=	11894.355

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

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

Shin Zu Shing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1634.764	/	( ( (5431.517 + max(2218.299, 0))	+	(5372.11 + max(2629.809, 0)) )	/	2 )
=	1634.764	/	( ( 7649.816	+	8001.919 )	/	2 )
=	1634.764	/	7825.8675
=	20.89 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4068.29	+	1621.791	+	208.442)	-	(3309.3	+	0	+	370.924)
=	2218.299

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4255.322	+	1880.889	+	274.08)	-	(3560.442	+	0	+	220.04)
=	2629.809

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Shin Zu Shing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1433.973	/	32609.051
	=	4.40 %

Shin Zu Shing Co EBIT Related Terms

Thank you for viewing the detailed overview of Shin Zu Shing Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Shin Zu Shing Co (TPE:3376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shin Zu Shing Co Ltd (TPE:3376) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

174 Chiun Eng. Street, Su Lin District, Taipei, TWN

Website

https://www.szs.com.tw

Shin Zu Shing Co Ltd makes springs, stamped parts, and hinges for communication, computer, and consumer products. It produces various types of springs, and use automated machines to design stronger, longer-lasting, and high-quality components. Research and development enhances design, improves molding techniques, and creates innovative measurement strategies to produce durable products. A fabrication process produces hinges for laptops, monitors, cameras, cellphones, and other technology components. The company's sensor-control systems maintain accurate specifications, critical wire length, and angular relationships to create the end products. Customer feedback provides Shin Zu Shing the opportunity to tweak quality testing and produce customized solutions.

Shin Zu Shing Co (TPE:3376) Headlines

No Headlines