GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shane Global Holding Inc (TPE:8482) » Definitions » EBIT

Shane Global Holding (TPE:8482) EBIT : NT$392 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Shane Global Holding EBIT?

Shane Global Holding's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was NT$-6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was NT$392 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shane Global Holding's annualized ROC % for the quarter that ended in Dec. 2023 was -1.83%. Shane Global Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shane Global Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.40%.


Shane Global Holding EBIT Historical Data

The historical data trend for Shane Global Holding'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.

Shane Global Holding EBIT Chart

Shane Global Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 884.42 688.45 979.95 964.59 392.46

Shane Global Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 150.82 57.34 165.69 175.11 -5.67

Competitive Comparison of Shane Global Holding's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Shane Global Holding'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.


Shane Global Holding's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shane Global Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shane Global Holding's EV-to-EBIT falls into.



Shane Global Holding 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$392 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.


Shane Global Holding  (TPE:8482) EBIT Explanation

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

Shane Global Holding's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-12.08 * ( 1 - -333.17% )/( (2889.158 + 2824.409)/ 2 )
=-52.326936/2856.7835
=-1.83 %

where

Invested Capital(Q: Sep. 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))
=4795.729 - 1180.529 - ( 727.167 - max(0, 1223.015 - 1949.057+727.167))
=2889.158

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))
=4633.189 - 1195.606 - ( 812.235 - max(0, 1244.717 - 1857.891+812.235))
=2824.409

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Shane Global Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-22.668/( ( (2765.284 + max(-22.716, 0)) + (2736.364 + max(-222.03, 0)) )/ 2 )
=-22.668/( ( 2765.284 + 2736.364 )/ 2 )
=-22.668/2750.824
=-0.82 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(468.746 + 641.804 + 71.049) - (1180.529 + 0 + 23.786)
=-22.716

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(398.16 + 530.119 + 76.909) - (1195.606 + 0 + 31.612)
=-222.03

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Shane Global Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=392.463/6132.209
=6.40 %

* 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.


Shane Global Holding EBIT Related Terms

Thank you for viewing the detailed overview of Shane Global Holding's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shane Global Holding (TPE:8482) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua S.Road, 2nd Floor, No.97, Section 2, Da’an District, Taipei, TWN, 106045
Shane Global Holding Inc is a holding company. The company along with its holdings is engaged in the research and development, production and sale of indoor and interior furniture. It specializes in the production and sales of sofas, sofa covers, and other leather goods. Its products include sofa, bed and ottoman.

Shane Global Holding (TPE:8482) Headlines

No Headlines