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YA Horng Electronic M Bhd (XKLS:7196) EBIT : RM-2.5 Mil (TTM As of Jul. 2013)


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What is YA Horng Electronic M Bhd EBIT?

YA Horng Electronic M Bhd's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2013 was RM1.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2013 was RM-2.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YA Horng Electronic M Bhd's annualized ROC % for the quarter that ended in Jul. 2013 was 16.83%. YA Horng Electronic M Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2013 was 17.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YA Horng Electronic M Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2013 was -4.95%.


YA Horng Electronic M Bhd EBIT Historical Data

The historical data trend for YA Horng Electronic M Bhd'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.

YA Horng Electronic M Bhd EBIT Chart

YA Horng Electronic M Bhd Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13
EBIT
Get a 7-Day Free Trial 8.62 5.76 - -1.46 0.57

YA Horng Electronic M Bhd Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
EBIT Get a 7-Day Free Trial 2.98 -0.01 -2.63 -1.74 1.88

Competitive Comparison of YA Horng Electronic M Bhd's EBIT

For the Consumer Electronics subindustry, YA Horng Electronic M Bhd'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.


YA Horng Electronic M Bhd's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, YA Horng Electronic M Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where YA Horng Electronic M Bhd's EV-to-EBIT falls into.



YA Horng Electronic M Bhd 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 Jul. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.5 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.


YA Horng Electronic M Bhd  (XKLS:7196) EBIT Explanation

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

YA Horng Electronic M Bhd's annualized ROC % for the quarter that ended in Jul. 2013 is calculated as:

ROC % (Q: Jul. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2013 ) + Invested Capital (Q: Jul. 2013 ))/ count )
=7.504 * ( 1 - 2.13% )/( (41.998 + 45.252)/ 2 )
=7.3441648/43.625
=16.83 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2013) data.

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

YA Horng Electronic M Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2013  Q: Jul. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.504/( ( (12.065 + max(28.995, 0)) + (12.587 + max(31.75, 0)) )/ 2 )
=7.504/( ( 41.06 + 44.337 )/ 2 )
=7.504/42.6985
=17.57 %

where Working Capital is:

Working Capital(Q: Apr. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 17.938 + 29.442) - (18.385 + 0 + 0)
=28.995

Working Capital(Q: Jul. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 20.878 + 33.637) - (22.744 + 0 + 0.021000000000001)
=31.75

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2013) EBIT data.

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

YA Horng Electronic M Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2013 )
=-2.504/50.599
=-4.95 %

* 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.


YA Horng Electronic M Bhd EBIT Related Terms

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YA Horng Electronic M Bhd (XKLS:7196) Business Description

Traded in Other Exchanges
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Address
YA Horng Electronic M Bhd is an investment holding company, engages in the manufacture and sale of audio and electric products primarily in Malaysia, China, and Taiwan.

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