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Nien Made Enterprise Co (TPE:8464) EBIT : NT$8,525 Mil (TTM As of Mar. 2024)


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What is Nien Made Enterprise Co EBIT?

Nien Made Enterprise Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$1,944 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$8,525 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nien Made Enterprise Co's annualized ROC % for the quarter that ended in Mar. 2024 was 32.62%. Nien Made Enterprise Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 66.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nien Made Enterprise Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.37%.


Nien Made Enterprise Co EBIT Historical Data

The historical data trend for Nien Made Enterprise 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.

Nien Made Enterprise Co EBIT Chart

Nien Made Enterprise Co 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 6,124.05 6,598.24 7,492.94 8,459.14 8,037.79

Nien Made Enterprise Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,456.39 2,104.74 2,063.84 2,412.82 1,943.57

Competitive Comparison of Nien Made Enterprise Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.


Nien Made Enterprise Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Nien Made Enterprise Co's EV-to-EBIT falls into.



Nien Made Enterprise 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$8,525 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.


Nien Made Enterprise Co  (TPE:8464) EBIT Explanation

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

Nien Made Enterprise Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=6151.928 * ( 1 - 25.5% )/( (15003.365 + 13098.391)/ 2 )
=4583.18636/14050.878
=32.62 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=32610.615 - 4787.169 - ( 12820.081 - max(0, 5720.534 - 21218.885+12820.081))
=15003.365

Invested Capital(Q: Mar. 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))
=34945.681 - 8304.957 - ( 14800.152 - max(0, 9501.764 - 23044.097+14800.152))
=13098.391

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

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

Nien Made Enterprise Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7774.26/( ( (10080.328 + max(2518.255, 0)) + (10675.838 + max(-1318.954, 0)) )/ 2 )
=7774.26/( ( 12598.583 + 10675.838 )/ 2 )
=7774.26/11637.2105
=66.81 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2623.605 + 4103.937 + 1413.952) - (4787.169 + 0 + 836.07)
=2518.255

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2397.779 + 4200.013 + 1461.32) - (8304.957 + 0 + 1073.109)
=-1318.954

When net working capital is negative, 0 is used.

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

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

Nien Made Enterprise Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=8524.966/90983.130
=9.37 %

* 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.


Nien Made Enterprise Co EBIT Related Terms

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Nien Made Enterprise Co (TPE:8464) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 , 23rd Floor, No. 98 , Chengbei Shizheng N. 7th Road, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are window coverings and other, out of which the majority of revenue is generated by sales of window coverings.

Nien Made Enterprise Co (TPE:8464) Headlines

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