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Chung Tai Resource Technology (TPE:6923) EBIT : NT$544 Mil (TTM As of Dec. 2024)


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What is Chung Tai Resource Technology EBIT?

Chung Tai Resource Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was NT$105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was NT$544 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chung Tai Resource Technology's annualized ROC % for the quarter that ended in Dec. 2024 was 8.83%. Chung Tai Resource Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chung Tai Resource Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.83%.


Chung Tai Resource Technology EBIT Historical Data

The historical data trend for Chung Tai Resource Technology'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.

Chung Tai Resource Technology EBIT Chart

Chung Tai Resource Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 141.54 149.76 245.69 351.01 544.00

Chung Tai Resource Technology Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 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 92.89 98.71 182.84 157.51 104.94

Competitive Comparison of Chung Tai Resource Technology's EBIT

For the Waste Management subindustry, Chung Tai Resource Technology'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.


Chung Tai Resource Technology's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's EV-to-EBIT falls into.



Chung Tai Resource Technology 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$544 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.


Chung Tai Resource Technology  (TPE:6923) EBIT Explanation

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

Chung Tai Resource Technology'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 )
=385.96 * ( 1 - 19.98% )/( (3479.623 + 3518.409)/ 2 )
=308.845192/3499.016
=8.83 %

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))
=4491.306 - 389.286 - ( 707.55 - max(0, 633.093 - 1255.49+707.55))
=3479.623

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))
=4425.894 - 338.118 - ( 607.106 - max(0, 529.447 - 1098.814+607.106))
=3518.409

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

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

Chung Tai Resource Technology'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 )
=419.764/( ( (2969.491 + max(-183.459, 0)) + (3033.163 + max(-138.255, 0)) )/ 2 )
=419.764/( ( 2969.491 + 3033.163 )/ 2 )
=419.764/3001.327
=13.99 %

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)
=(182.456 + 25.449 + 17.385) - (389.286 + 0 + 19.463)
=-183.459

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183.236 + 21.971 + 13.354) - (338.118 + 0 + 18.698)
=-138.255

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:

Chung Tai Resource Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=543.999/7960.087
=6.83 %

* 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.


Chung Tai Resource Technology EBIT Related Terms

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Chung Tai Resource Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 328, Huanke Road, Guanyin District, Taoyuan City, TWN, 328451
Chung Tai Resource Technology Corp provides waste removal and treatment, Pyrolysis treatment system, Recycling of Waste Printed Circuit Boards, Incineration Thermal Power Generation and Comprehensive Treatment R&D Center, waste lighting sources recycling, and other services.

Chung Tai Resource Technology Headlines

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