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Kumho Petro Chemical (XKRX:011780) EBIT : ₩487,658 Mil (TTM As of Mar. 2024)


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What is Kumho Petro Chemical EBIT?

Kumho Petro Chemical's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩148,689 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩487,658 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kumho Petro Chemical's annualized ROC % for the quarter that ended in Mar. 2024 was 6.97%. Kumho Petro Chemical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kumho Petro Chemical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.17%.


Kumho Petro Chemical EBIT Historical Data

The historical data trend for Kumho Petro Chemical'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.

Kumho Petro Chemical EBIT Chart

Kumho Petro Chemical 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 420,749.02 794,927.74 2,645,302.15 1,281,396.27 515,401.21

Kumho Petro Chemical 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 176,432.56 149,151.86 124,418.29 65,398.49 148,689.05

Competitive Comparison of Kumho Petro Chemical's EBIT

For the Specialty Chemicals subindustry, Kumho Petro Chemical'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.


Kumho Petro Chemical's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kumho Petro Chemical's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kumho Petro Chemical's EV-to-EBIT falls into.



Kumho Petro Chemical 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 ₩487,658 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.


Kumho Petro Chemical  (XKRX:011780) EBIT Explanation

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

Kumho Petro Chemical'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 )
=594756.184 * ( 1 - 14.76% )/( (6258146.082 + 8289000.766)/ 2 )
=506970.1712416/7273573.424
=6.97 %

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))
=7979694.634 - 732267.066 - ( 989281.486 - max(0, 1529933.393 - 2571407.563+989281.486))
=6258146.082

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))
=8289000.766 - 0 - ( 0 - max(0, 1759169.677 - 2831802.658+0))
=8289000.766

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

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

Kumho Petro Chemical'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 )
=594756.184/( ( (4039182.851 + max(547365.074, 0)) + (0 + max(1072632.981, 0)) )/ 2 )
=594756.184/( ( 4586547.925 + 1072632.981 )/ 2 )
=594756.184/2829590.453
=21.02 %

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)
=(741633.868 + 745609.381 + 53389.198) - (732267.066 + 0 + 261000.307)
=547365.074

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 2831802.658) - (0 + 0 + 1759169.677)
=1072632.981

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:

Kumho Petro Chemical's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=487657.682/3702427.209
=13.17 %

* 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.


Kumho Petro Chemical EBIT Related Terms

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Kumho Petro Chemical (XKRX:011780) Business Description

Traded in Other Exchanges
Address
21/24F Kumho Asiana Main Tower 115, Sinmunno 1-ga, Jongno-gu, Seoul, KOR, 110-061
Kumho Petro Chemical Ltd is a manufacturer of synthetic rubbers, and does business in synthetic resins, specialty chemicals, electronic materials, nanocarbon, energy, and building materials. The synthetic rubber business constitutes the largest portion of the company's revenue, and its products are applied to tires, shoes, auto parts, and other industrial applications. Kumho's main customers, under the rubber segment, are global tire manufacturers. Second to the rubber business in revenue, the synthetic resins business manufactures products used in auto parts, home appliances, beverage containers, and a host of other products. The company's revenue is largely derived from international exports, but the remainder of sales are executed in Korea.

Kumho Petro Chemical (XKRX:011780) Headlines

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