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Taiwan Steel Union Co (TPE:6581) EBIT : NT$1,011 Mil (TTM As of Dec. 2024)


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What is Taiwan Steel Union Co EBIT?

Taiwan Steel Union Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$322 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$1,011 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiwan Steel Union Co's annualized ROC % for the quarter that ended in Dec. 2024 was 23.09%. Taiwan Steel Union Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 31.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Taiwan Steel Union Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.11%.


Taiwan Steel Union Co EBIT Historical Data

The historical data trend for Taiwan Steel Union 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.

Taiwan Steel Union Co EBIT Chart

Taiwan Steel Union Co 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 532.02 728.82 1,224.06 635.94 1,010.65

Taiwan Steel Union Co 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 238.37 159.03 339.37 189.94 322.31

Competitive Comparison of Taiwan Steel Union Co's EBIT

For the Waste Management subindustry, Taiwan Steel Union 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.


Taiwan Steel Union Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Taiwan Steel Union Co's EV-to-EBIT falls into.


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Taiwan Steel Union 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,011 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.


Taiwan Steel Union Co  (TPE:6581) EBIT Explanation

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

Taiwan Steel Union Co'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 )
=1247.008 * ( 1 - 19.19% )/( (4378.449 + 4349.289)/ 2 )
=1007.7071648/4363.869
=23.09 %

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))
=5140.138 - 246.394 - ( 519.086 - max(0, 396.944 - 912.239+519.086))
=4378.449

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))
=5435.317 - 334.537 - ( 778.39 - max(0, 441.366 - 1192.857+778.39))
=4349.289

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

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

Taiwan Steel Union Co'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 )
=1289.24/( ( (4135.019 + max(25.956, 0)) + (4150.343 + max(5.8190000000001, 0)) )/ 2 )
=1289.24/( ( 4160.975 + 4156.162 )/ 2 )
=1289.24/4158.5685
=31.00 %

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)
=(159.433 + 188.36 + 36.84) - (246.394 + 0 + 112.283)
=25.956

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.584 + 142.103 + 56.081) - (334.537 + 0 + 65.412)
=5.8190000000001

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:

Taiwan Steel Union Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1010.654/12467.710
=8.11 %

* 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.


Taiwan Steel Union Co EBIT Related Terms

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Taiwan Steel Union Co Business Description

Traded in Other Exchanges
N/A
Address
No.36, Siangong N. 1st Road, Changbin Industrial Zone, Shengang Township, Changhua, TWN, 50953
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company engaged in disposing and reusing general industrial and hazardous industrial waste and manufacturing and trading non-ferrous metal (zinc oxide) and non-metallic mineral products. Its segments are The Company and Taiwan Steel Resources Co.

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