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Formosa Prosonic Industries Bhd (XKLS:9172) EBIT : RM84.9 Mil (TTM As of Dec. 2024)


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What is Formosa Prosonic Industries Bhd EBIT?

Formosa Prosonic Industries Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was RM40.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was RM84.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Formosa Prosonic Industries Bhd's annualized ROC % for the quarter that ended in Dec. 2024 was 137.33%. Formosa Prosonic Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 168.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Formosa Prosonic Industries Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 91.27%.


Formosa Prosonic Industries Bhd EBIT Historical Data

The historical data trend for Formosa Prosonic Industries 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.

Formosa Prosonic Industries Bhd EBIT Chart

Formosa Prosonic Industries Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.68 124.95 141.29 144.55 84.93

Formosa Prosonic Industries Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 37.30 36.68 29.42 -21.86 40.68

Competitive Comparison of Formosa Prosonic Industries Bhd's EBIT

For the Consumer Electronics subindustry, Formosa Prosonic Industries 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.


Formosa Prosonic Industries Bhd's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Formosa Prosonic Industries Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Formosa Prosonic Industries Bhd's EV-to-EBIT falls into.


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Formosa Prosonic Industries 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM84.9 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.


Formosa Prosonic Industries Bhd  (XKLS:9172) EBIT Explanation

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

Formosa Prosonic Industries Bhd's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=162.72 * ( 1 - 18.35% )/( (110.302 + 83.187)/ 2 )
=132.86088/96.7445
=137.33 %

where

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))
=695.034 - 175.698 - ( 409.034 - max(0, 176.292 - 610.872+409.034))
=110.302

Invested Capital(Q: Dec. 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))
=669.499 - 112.893 - ( 478.967 - max(0, 113.379 - 586.798+478.967))
=83.187

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

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

Formosa Prosonic Industries Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=162.72/( ( (84.162 + max(26.14, 0)) + (82.701 + max(-5.062, 0)) )/ 2 )
=162.72/( ( 110.302 + 82.701 )/ 2 )
=162.72/96.5015
=168.62 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.508 + 41.202 + 1.1279999999999) - (175.698 + 0 + 0)
=26.14

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.094 + 34.072 + 6.665) - (112.893 + 0 + 0)
=-5.062

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Formosa Prosonic Industries Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=84.926/93.046
=91.27 %

* 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.


Formosa Prosonic Industries Bhd EBIT Related Terms

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Formosa Prosonic Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lebuh 1, Bandar Sultan Suleiman, Taiwanese Industrial Park, Port Klang, SGR, MYS, 42000
Formosa Prosonic Industries Bhd is a Malaysian based company. Together with its subsidiaries the company is engaged in manufacturing, assembly and sales of High quality speaker systems, investment holding. Its reportable segments are Malaysia and United Kingdom with the majority of the revenue generated from Malaysia. Its product portfolio includes wireless speaker products, conventional speaker products, musical instrument products and acoustic products. It also offers services including design services, manufacturing services, supply chain support and quality systems.

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