GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shin Hwa Dynamics Co Ltd (XKRX:001770) » Definitions » EBIT

Shin Hwa Dynamics Co (XKRX:001770) EBIT : ₩-1,065 Mil (TTM As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Shin Hwa Dynamics Co EBIT?

Shin Hwa Dynamics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩-1,278 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,065 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shin Hwa Dynamics Co's annualized ROC % for the quarter that ended in Mar. 2024 was -7.60%. Shin Hwa Dynamics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shin Hwa Dynamics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.92%.


Shin Hwa Dynamics Co EBIT Historical Data

The historical data trend for Shin Hwa Dynamics 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.

Shin Hwa Dynamics Co EBIT Chart

Shin Hwa Dynamics Co 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 1,669.27 923.12 7,348.86 14,233.52 852.25

Shin Hwa Dynamics 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 639.29 296.19 342.42 -425.65 -1,277.73

Competitive Comparison of Shin Hwa Dynamics Co's EBIT

For the Packaging & Containers subindustry, Shin Hwa Dynamics 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.


Shin Hwa Dynamics Co's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shin Hwa Dynamics Co's EV-to-EBIT distribution charts can be found below:

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



Shin Hwa Dynamics 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 ₩-1,065 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.


Shin Hwa Dynamics Co  (XKRX:001770) EBIT Explanation

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

Shin Hwa Dynamics 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 )
=-5486.26 * ( 1 - 20.9% )/( (61749.602 + 52425.336)/ 2 )
=-4339.63166/57087.469
=-7.60 %

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))
=84766.158 - 19786.646 - ( 3229.91 - max(0, 33089.292 - 59304.477+3229.91))
=61749.602

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))
=83901.408 - 20204.651 - ( 11271.421 - max(0, 33808.207 - 61839.279+11271.421))
=52425.336

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

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

Shin Hwa Dynamics 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 )
=-5110.924/( ( (17512.045 + max(34801.38, 0)) + (17411.885 + max(28629.731, 0)) )/ 2 )
=-5110.924/( ( 52313.425 + 46041.616 )/ 2 )
=-5110.924/49177.5205
=-10.39 %

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)
=(22403.769 + 31555.914 + 1930.989) - (19786.646 + 0 + 1302.646)
=34801.38

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18429.409 + 27195.737 + 4812.792) - (20204.651 + 0 + 1603.556)
=28629.731

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1064.775/21624.481
=-4.92 %

* 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.


Shin Hwa Dynamics Co EBIT Related Terms

Thank you for viewing the detailed overview of Shin Hwa Dynamics Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shin Hwa Dynamics Co (XKRX:001770) Business Description

Traded in Other Exchanges
N/A
Address
661-4, Shiwa Industrial Complex, 706, 4Da, Seonggok-dong, Ansan-shi, Gyeonggi, KOR, 425-110
Shin Hwa Dynamics Co Ltd formerly Shinhwa Silup Co Ltd is a South Korea-based company engaged in the manufacturing of tin plates. It mainly produces tin plates, which are used for a variety of food and beverage cans, including food cans, paint cans, oil cans, drug cans, and others. The company also provides black plate coils, which are cold rolled tin steel plates used as raw materials of tin plates.

Shin Hwa Dynamics Co (XKRX:001770) Headlines

No Headlines