Ruentex Development Co (TPE:9945) EBIT : NT$19,737 Mil (TTM As of Mar. 2024)

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What is Ruentex Development Co EBIT?

Ruentex Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$9,811 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$19,737 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ruentex Development Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.54%. Ruentex Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 120.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ruentex Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.63%.

Ruentex Development Co EBIT Historical Data

The historical data trend for Ruentex Development 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.

Ruentex Development Co EBIT Chart

Ruentex Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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10,621.53

11,476.57

19,602.01

11,451.70

10,682.08

Ruentex Development 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															755.92	5,274.70	6,841.13	-2,189.68	9,810.96

Competitive Comparison of Ruentex Development Co's EBIT

For the Engineering & Construction subindustry, Ruentex Development 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.

Ruentex Development Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ruentex Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ruentex Development Co's EV-to-EBIT falls into.

Ruentex Development 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$19,737 Mil.

Ruentex Development Co (TPE:9945) EBIT Explanation

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

Ruentex Development 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 )
=	5061.804 * ( 1 - 13.39% )	/	( (167162.306	+	178442.55)	/ 2 )
=	4384.0284444	/	172802.428
=	2.54 %

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	))
=	176909.089	-	5816.617	-	( 3930.166	-	max(0, 31521.011	-	45654.225	+	3930.166	))
=	167162.306

	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	))
=	188283.941	-	6007.772	-	( 3833.619	-	max(0, 33349.719	-	41348.188	+	3833.619	))
=	178442.55

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

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

Ruentex Development 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 )
=	39243.82	/	( ( (8217.93 + max(26374.66, 0))	+	(8113.817 + max(22658.292, 0)) )	/	2 )
=	39243.82	/	( ( 34592.59	+	30772.109 )	/	2 )
=	39243.82	/	32682.3495
=	120.08 %

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)
=	(2638.262	+	31589.191	+	2245.39)	-	(5816.617	+	0	+	4281.566)
=	26374.66

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2361.271	+	27999.954	+	2527.756)	-	(6007.772	+	0	+	4222.917)
=	22658.292

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:

Ruentex Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	19737.113	/	185641.476
	=	10.63 %

Ruentex Development Co EBIT Related Terms

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Ruentex Development Co (TPE:9945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ruentex Development Co Ltd (TPE:9945) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Bade Road, 11th Floor-1, Section 2, Zhongshan District, Taipei, TWN, 104

Website

https://www.ruentex.com.tw

Ruentex Development Co Ltd is a Taiwan-based company involved in the construction business. The company's reportable segments include Construction Business Department, Commercial Real Estate, Building Materials, and Wholesale. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

Ruentex Development Co (TPE:9945) Headlines

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