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Grand Ocean Retail Group (TPE:5907) EBIT : NT$214 Mil (TTM As of Dec. 2024)


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What is Grand Ocean Retail Group EBIT?

Grand Ocean Retail Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$214 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grand Ocean Retail Group's annualized ROC % for the quarter that ended in Dec. 2024 was 0.05%. Grand Ocean Retail Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grand Ocean Retail Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1.53%.


Grand Ocean Retail Group EBIT Historical Data

The historical data trend for Grand Ocean Retail Group'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.

Grand Ocean Retail Group EBIT Chart

Grand Ocean Retail Group 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 397.65 607.50 90.57 -1,172.92 214.44

Grand Ocean Retail Group 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 -1,230.63 62.72 122.93 12.44 16.34

Competitive Comparison of Grand Ocean Retail Group's EBIT

For the Department Stores subindustry, Grand Ocean Retail Group'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.


Grand Ocean Retail Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grand Ocean Retail Group's EV-to-EBIT falls into.


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Grand Ocean Retail Group 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$214 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.


Grand Ocean Retail Group  (TPE:5907) EBIT Explanation

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

Grand Ocean Retail Group'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 )
=9.864 * ( 1 - -33.48% )/( (26520.723 + 26342.648)/ 2 )
=13.1664672/26431.6855
=0.05 %

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))
=24469.792 - 2243.831 - ( 1020.845 - max(0, 5963.098 - 1668.336+1020.845))
=26520.723

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))
=24215.428 - 2498.054 - ( 1417.332 - max(0, 6662.622 - 2037.348+1417.332))
=26342.648

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

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

Grand Ocean Retail Group'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 )
=65.352/( ( (17188.093 + max(-1645.189, 0)) + (16992.581 + max(-1923.854, 0)) )/ 2 )
=65.352/( ( 17188.093 + 16992.581 )/ 2 )
=65.352/17090.337
=0.38 %

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)
=(161.526 + 173.495 + 274.09) - (2243.831 + 0 + 10.469)
=-1645.189

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(164.486 + 164.513 + 255.772) - (2498.054 + 0 + 10.571)
=-1923.854

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:

Grand Ocean Retail Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=214.436/14037.593
=1.53 %

* 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.


Grand Ocean Retail Group EBIT Related Terms

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Grand Ocean Retail Group Business Description

Traded in Other Exchanges
N/A
Address
No. 237, Fuxing South Road, 14th Floor, Section 2, Da'an District, Taipei, TWN, 106
Grand Ocean Retail Group Ltd operates department stores in China. The company is engaged in the operation and management of department stores in Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang, and Hefei cities. It generates revenue from Commission and Commodity Sales. The main revenues of the group come from the department store retail business. It has fourteen department stores have been officially put into operation in nine cities including Shiyan (including Fuzhou Jiarui Xing's underground shopping mall business.

Grand Ocean Retail Group Headlines

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