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Excellence Opto (TPE:6288) EBIT : NT$123 Mil (TTM As of Sep. 2024)


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What is Excellence Opto EBIT?

Excellence Opto's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$123 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Excellence Opto's annualized ROC % for the quarter that ended in Sep. 2024 was 0.96%. Excellence Opto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Excellence Opto's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.65%.


Excellence Opto EBIT Historical Data

The historical data trend for Excellence Opto'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.

Excellence Opto EBIT Chart

Excellence Opto 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 276.07 202.56 29.95 32.20 31.08

Excellence Opto Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.05 5.78 51.80 48.24 17.64

Competitive Comparison of Excellence Opto's EBIT

For the Electronic Components subindustry, Excellence Opto'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.


Excellence Opto's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Excellence Opto's EV-to-EBIT distribution charts can be found below:

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



Excellence Opto 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$123 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.


Excellence Opto  (TPE:6288) EBIT Explanation

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

Excellence Opto's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=101.636 * ( 1 - 47.43% )/( (5478.368 + 5616.411)/ 2 )
=53.4300452/5547.3895
=0.96 %

where

Invested Capital(Q: Jun. 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))
=7357.061 - 1310.707 - ( 567.986 - max(0, 2937.142 - 4585.146+567.986))
=5478.368

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))
=7187.425 - 1030.466 - ( 540.548 - max(0, 2711.537 - 4337.896+540.548))
=5616.411

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

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

Excellence Opto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.54/( ( (2493.175 + max(2607.342, 0)) + (2560.65 + max(2707.246, 0)) )/ 2 )
=70.54/( ( 5100.517 + 5267.896 )/ 2 )
=70.54/5184.2065
=1.36 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1461.563 + 2266.75 + 231.89) - (1310.707 + 0 + 42.154)
=2607.342

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1379.757 + 2032.93 + 329.947) - (1030.466 + 0 + 4.922)
=2707.246

When net working capital is negative, 0 is used.

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

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

Excellence Opto's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=123.455/7502.712
=1.65 %

* 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.


Excellence Opto EBIT Related Terms

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Excellence Opto Business Description

Traded in Other Exchanges
N/A
Address
No.2, KeDong. 1st Road, Hsinchu Science Park, Chunan Town, Miaoli County, Miaoli, TWN, 35053
Excellence Opto Inc is engaged the design, development, testing, manufacturing of LED components, OEM/ODM LED modules and patented solution for automotive market; LED traffic signals, LED street lighting, industrial lighting and LED consumer products for energy-saving market. The design, installation and construction with energy-saving products for government police projects. The group geographical presence in Taiwan, America, Asia, Europe and Oceania. It derives a majority of its revenue from America.

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