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Korea Movenex Co (XKRX:010100) EBIT : ₩63,800 Mil (TTM As of Dec. 2024)


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What is Korea Movenex Co EBIT?

Korea Movenex Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₩9,533 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₩63,800 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Korea Movenex Co's annualized ROC % for the quarter that ended in Dec. 2024 was 4.00%. Korea Movenex Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Korea Movenex Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 23.47%.


Korea Movenex Co EBIT Historical Data

The historical data trend for Korea Movenex 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.

Korea Movenex Co EBIT Chart

Korea Movenex Co 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 19,711.06 37,442.51 49,309.74 82,383.08 63,800.10

Korea Movenex Co 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 14,464.17 18,454.01 23,596.34 12,216.65 9,533.11

Competitive Comparison of Korea Movenex Co's EBIT

For the Auto Parts subindustry, Korea Movenex 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.


Korea Movenex Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Korea Movenex Co's EV-to-EBIT distribution charts can be found below:

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


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Korea Movenex 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩63,800 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.


Korea Movenex Co  (XKRX:010100) EBIT Explanation

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

Korea Movenex Co'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 )
=13945.332 * ( 1 - -66.61% )/( (549714.666 + 612779.962)/ 2 )
=23234.3176452/581247.314
=4.00 %

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))
=912765.322 - 320021.387 - ( 43029.269 - max(0, 405947.523 - 460354.834+43029.269))
=549714.666

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))
=1013538.338 - 362120.989 - ( 69746.381 - max(0, 459466.966 - 498104.353+69746.381))
=612779.962

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

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

Korea Movenex Co'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 )
=38132.42/( ( (383616.466 + max(-185793.903, 0)) + (425361.778 + max(40833.815, 0)) )/ 2 )
=38132.42/( ( 383616.466 + 466195.593 )/ 2 )
=38132.42/424906.0295
=8.97 %

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)
=(0 + 127354.379 + 8576.795) - (320021.387 + 0 + 1703.69)
=-185793.903

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(255743.519 + 149757.266 + 11975.62) - (362120.989 + 0 + 14521.601)
=40833.815

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=63800.103/271819.837
=23.47 %

* 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.


Korea Movenex Co EBIT Related Terms

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Korea Movenex Co Business Description

Traded in Other Exchanges
N/A
Address
2, Mipo 1-gil, Dong-Gu, Ulsan, KOR, 682-801
Korea Movenex Co Ltd engages in the provision of automobile parts, flanges, industrial machinery and advertising/broadcast services. It offers automobile parts, including half shaft and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides engine parts of automobiles comprising crank and cam shafts, hubs, differential gears, spindles, and connecting rods; and carbon steel, non-steel, ANSI, AWWA, API, MSS, welding neck, threeded, slip-on, lap joint, blind, and socket welding flanges. In addition, it offers industrial vessel engine bases and frames, vessel and steel structures, press containers of chemical factories, and bridge and construction-related works.

Korea Movenex Co Headlines

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