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Chori Co (TSE:8014) EBIT : 円15,290 Mil (TTM As of Dec. 2023)


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What is Chori Co EBIT?

Chori Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円4,400 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円15,290 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chori Co's annualized ROC % for the quarter that ended in Dec. 2023 was 15.45%. Chori Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 37.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chori Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.01%.


Chori Co EBIT Historical Data

The historical data trend for Chori 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.

Chori Co EBIT Chart

Chori Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,385.00 4,246.00 10,853.00 13,330.00 15,290.00

Chori 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 1,656.00 3,757.00 4,359.00 4,400.00 2,774.00

Competitive Comparison of Chori Co's EBIT

For the Conglomerates subindustry, Chori 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.


Chori Co's EV-to-EBIT Distribution in the Conglomerates Industry

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

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



Chori 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円15,290 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.


Chori Co  (TSE:8014) EBIT Explanation

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

Chori Co'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 )
=16528 * ( 1 - 26.81% )/( (76965 + 79584)/ 2 )
=12096.8432/78274.5
=15.45 %

where

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

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

Chori Co'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 )
=17600/( ( (1858 + max(47015, 0)) + (1955 + max(42229, 0)) )/ 2 )
=17600/( ( 48873 + 44184 )/ 2 )
=17600/46528.5
=37.83 %

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)
=(81916 + 22409 + 4104) - (55133 + 0 + 6281)
=47015

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71836 + 22421 + 7515) - (53479 + 0 + 6064)
=42229

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=15290/72764.434
=21.01 %

* 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.


Chori Co EBIT Related Terms

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Chori Co (TSE:8014) Business Description

Traded in Other Exchanges
N/A
Address
1-7-3 , Awajimachi, Chuo-ku, Osaka, JPN, 540-8603
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.

Chori Co (TSE:8014) Headlines

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