Top Bright Holding Co (TPE:8499) EBIT : NT$610 Mil (TTM As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Top Bright Holding Co EBIT?

Top Bright Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was NT$165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was NT$610 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Top Bright Holding Co's annualized ROC % for the quarter that ended in Sep. 2024 was 14.02%. Top Bright Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 43.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -21.00%.

Top Bright Holding Co EBIT Historical Data

The historical data trend for Top Bright Holding 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.

Top Bright Holding Co EBIT Chart

Top Bright Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

553.69

812.76

1,059.55

1,037.74

717.52

Top Bright Holding Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															182.64	149.08	155.83	139.51	165.28

Competitive Comparison of Top Bright Holding Co's EBIT

For the Electronic Components subindustry, Top Bright Holding 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.

Top Bright Holding Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Top Bright Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Top Bright Holding Co's EV-to-EBIT falls into.

Top Bright Holding 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$610 Mil.

Top Bright Holding Co (TPE:8499) EBIT Explanation

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

Top Bright Holding 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 )
=	541.548 * ( 1 - 19.86% )	/	( (2856.708	+	3333.421)	/ 2 )
=	433.9965672	/	3095.0645
=	14.02 %

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	))
=	11928.12	-	699.265	-	( 8372.147	-	max(0, 794.95	-	9245.166	+	8372.147	))
=	2856.708

	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	))
=	11838.797	-	523.27	-	( 7982.106	-	max(0, 590.134	-	8867.746	+	7982.106	))
=	3333.421

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

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

Top Bright Holding 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 )
=	661.112	/	( ( (1380.263 + max(73.758999999998, 0))	+	(1374.647 + max(235.331, 0)) )	/	2 )
=	661.112	/	( ( 1454.022	+	1609.978 )	/	2 )
=	661.112	/	1532
=	43.15 %

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)
=	(487.319	+	273.875	+	30.158999999998)	-	(699.265	+	0	+	18.329)
=	73.758999999998

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(476.48	+	275.013	+	34.208999999999)	-	(523.27	+	0	+	27.101)
=	235.331

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:

Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	609.691	/	-2902.818
	=	-21.00 %

Top Bright Holding Co EBIT Related Terms

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

Top Bright Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Top Bright Holding Co Ltd (TPE:8499) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 West Bay Road, P.O. Box 10338, 2nd Floor, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1003

Website

http://topbright.taiwanscale.com

Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.

Top Bright Holding Co Headlines

No Headlines