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Horizon Fixture Group Co (TPE:6957) EBIT : NT$584 Mil (TTM As of Sep. 2024)


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What is Horizon Fixture Group Co EBIT?

Horizon Fixture Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$116 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$584 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horizon Fixture Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 14.48%. Horizon Fixture Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Horizon Fixture Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.67%.


Horizon Fixture Group Co EBIT Historical Data

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co EBIT Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
244.90 709.69 1,150.99

Horizon Fixture Group Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only 418.98 15.51 307.81 145.04 115.63

Competitive Comparison of Horizon Fixture Group Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.


Horizon Fixture Group Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Horizon Fixture Group Co's EV-to-EBIT falls into.



Horizon Fixture Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$584 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.


Horizon Fixture Group Co  (TPE:6957) EBIT Explanation

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

Horizon Fixture Group Co'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 )
=536.328 * ( 1 - 22.84% )/( (1846.603 + 3868.309)/ 2 )
=413.8306848/2857.456
=14.48 %

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))
=3949.776 - 597.278 - ( 1505.895 - max(0, 907.972 - 2812.218+1505.895))
=1846.603

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))
=5733.937 - 536.425 - ( 2157.706 - max(0, 2032.641 - 3361.844+2157.706))
=3868.309

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

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

Horizon Fixture Group Co'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 )
=462.516/( ( (869.68 + max(652.58, 0)) + (2078.367 + max(618.248, 0)) )/ 2 )
=462.516/( ( 1522.26 + 2696.615 )/ 2 )
=462.516/2109.4375
=21.93 %

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)
=(829.684 + 382.219 + 65.244) - (597.278 + 0 + 27.289)
=652.58

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(843.703 + 262.218 + 68.425) - (536.425 + 0 + 19.673)
=618.248

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:

Horizon Fixture Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=583.996/12511.190
=4.67 %

* 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.


Horizon Fixture Group Co EBIT Related Terms

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Horizon Fixture Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 54002
Horizon Fixture Group Co Ltd is a company known for its manufacturing excellence, delivering precision-engineered products with top-notch quality. Its logistical expertise ensures timely delivery and efficient distribution, backed by exceptional customer service. From iron and wood manufacturing to seamless installation and delivery, it offers end-to-end solutions tailored to prioritize customer satisfaction. The company offers a diverse portfolio of in-store displays, including eye-catching shelving systems, interactive kiosks, modular stands, and more. Each product is thoughtfully designed to maximize visibility and effectively engage customers.

Horizon Fixture Group Co Headlines

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