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Vactronics Technologies (TPE:6742) EBIT : NT$17.1 Mil (TTM As of Sep. 2024)


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What is Vactronics Technologies EBIT?

Vactronics Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$-1.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$17.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vactronics Technologies's annualized ROC % for the quarter that ended in Sep. 2024 was 4.21%. Vactronics Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vactronics Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.42%.


Vactronics Technologies EBIT Historical Data

The historical data trend for Vactronics Technologies'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.

Vactronics Technologies EBIT Chart

Vactronics Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 19.43 3.20 34.05 348.18 30.65

Vactronics Technologies Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 7.97 -11.28 7.89 21.56 -1.08

Competitive Comparison of Vactronics Technologies's EBIT

For the Electronic Components subindustry, Vactronics Technologies'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.


Vactronics Technologies's EV-to-EBIT Distribution in the Hardware Industry

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

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



Vactronics Technologies 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$17.1 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.


Vactronics Technologies  (TPE:6742) EBIT Explanation

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

Vactronics Technologies'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 )
=27.592 * ( 1 - -25.35% )/( (825.295 + 816.683)/ 2 )
=34.586572/820.989
=4.21 %

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))
=1952.198 - 184.481 - ( 1013.929 - max(0, 416.505 - 1358.927+1013.929))
=825.295

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))
=1865.108 - 120.6 - ( 927.825 - max(0, 351.34 - 1281.82+927.825))
=816.683

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

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

Vactronics Technologies'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 )
=-4.304/( ( (543.49 + max(157.426, 0)) + (526.173 + max(229.762, 0)) )/ 2 )
=-4.304/( ( 700.916 + 755.935 )/ 2 )
=-4.304/728.4255
=-0.59 %

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)
=(183.815 + 136.43 + 22.495) - (184.481 + 0 + 0.83299999999997)
=157.426

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.698 + 121.276 + 38.158) - (120.6 + 0 + 0.76999999999998)
=229.762

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:

Vactronics Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=17.099/4093.452
=0.42 %

* 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.


Vactronics Technologies EBIT Related Terms

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Vactronics Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 330, Hexing Road, Miaoli County, Zhunan, TWN, 35048
Vactronics Technologies Inc is engaged in the development, production, and sales of an optical low-pass filter (OLPF) and optical coating. Some of its products include Blue Glass; AS(Anti-smudge); AF(Anti Fingerprint); AG(Anti-glare); AR(Anti-reflection); Cr Black Matrix and others.

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