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Texchem Resources Bhd (XKLS:8702) EBIT : RM25 Mil (TTM As of Sep. 2024)


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What is Texchem Resources Bhd EBIT?

Texchem Resources Bhd's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was RM9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was RM25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Texchem Resources Bhd's annualized ROC % for the quarter that ended in Sep. 2024 was 1.43%. Texchem Resources Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Texchem Resources Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.95%.


Texchem Resources Bhd EBIT Historical Data

The historical data trend for Texchem Resources 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.

Texchem Resources Bhd EBIT Chart

Texchem Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 14.15 40.82 54.33 16.01

Texchem Resources Bhd 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 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 5.36 3.17 4.84 8.13 9.01

Competitive Comparison of Texchem Resources Bhd's EBIT

For the Conglomerates subindustry, Texchem Resources 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.


Texchem Resources Bhd's EV-to-EBIT Distribution in the Conglomerates Industry

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

* The bar in red indicates where Texchem Resources Bhd's EV-to-EBIT falls into.



Texchem Resources 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM25 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.


Texchem Resources Bhd  (XKLS:8702) EBIT Explanation

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

Texchem Resources Bhd'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 )
=35.416 * ( 1 - 75.3% )/( (605.544 + 618.427)/ 2 )
=8.747752/611.9855
=1.43 %

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))
=753.763 - 148.302 - ( 88.407 - max(0, 346.517 - 346.434+88.407))
=605.544

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))
=762.928 - 145.455 - ( 85.062 - max(0, 353.421 - 352.467+85.062))
=618.427

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

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

Texchem Resources Bhd'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 )
=36.048/( ( (316.798 + max(75.437, 0)) + (318.331 + max(91.047, 0)) )/ 2 )
=36.048/( ( 392.235 + 409.378 )/ 2 )
=36.048/400.8065
=8.99 %

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)
=(135.358 + 83.903 + 7.0720000000001) - (148.302 + 0 + 2.594)
=75.437

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.287 + 91.83 + 6.715) - (145.455 + 0 + 2.33)
=91.047

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:

Texchem Resources Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=25.156/423.023
=5.95 %

* 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.


Texchem Resources Bhd EBIT Related Terms

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Texchem Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
39 Jalan Sultan Ahmad Shah, Level 18, Menara Boustead Penang, George Town, PNG, MYS, 10050
Texchem Resources Bhd is an investment holding company. The group has five business divisions namely industrial, Polymer Engineering, Food, Venture Business and Restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, and Hoshino Coffee. The Malaysian market contributes majority to the company's revenue.

Texchem Resources Bhd Headlines

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