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Mirae Asset Venture Investment Co (XKRX:100790) EBIT : ₩15,704 Mil (TTM As of Dec. 2024)


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What is Mirae Asset Venture Investment Co EBIT?

Mirae Asset Venture Investment Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₩-5,501 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₩15,704 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mirae Asset Venture Investment Co's annualized ROC % for the quarter that ended in Dec. 2024 was -3.04%. Mirae Asset Venture Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3,480.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mirae Asset Venture Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.65%.


Mirae Asset Venture Investment Co EBIT Historical Data

The historical data trend for Mirae Asset Venture Investment 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.

Mirae Asset Venture Investment Co EBIT Chart

Mirae Asset Venture Investment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 16,270.86 38,925.41 96,375.39 59,191.99 31,925.04

Mirae Asset Venture Investment 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 5,411.67 15,075.10 9,451.57 -3,321.45 -5,501.11

Competitive Comparison of Mirae Asset Venture Investment Co's EBIT

For the Asset Management subindustry, Mirae Asset Venture Investment 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.


Mirae Asset Venture Investment Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirae Asset Venture Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mirae Asset Venture Investment Co's EV-to-EBIT falls into.


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Mirae Asset Venture Investment 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 ₩15,704 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.


Mirae Asset Venture Investment Co  (XKRX:100790) EBIT Explanation

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

Mirae Asset Venture Investment 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 )
=-22004.424 * ( 1 - -40.68% )/( (1063728.64 + 973461.797)/ 2 )
=-30955.8236832/1018595.2185
=-3.04 %

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))
=1100916.596 - 4182.641 - ( 37205.601 - max(0, 5084.587 - 38089.902+37205.601))
=1063728.64

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))
=1060785.984 - 5571.978 - ( 90828.786 - max(0, 10147.135 - 91899.344+90828.786))
=973461.797

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

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

Mirae Asset Venture Investment 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 )
=-22004.424/( ( (733.717 + max(-5021.22, 0)) + (530.787 + max(-10098.704, 0)) )/ 2 )
=-22004.424/( ( 733.717 + 530.787 )/ 2 )
=-22004.424/632.252
=-3,480.32 %

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 + 0 + 63.366999999998) - (4182.641 + 0 + 901.946)
=-5021.22

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 48.431000000011) - (5571.978 + 0 + 4575.157)
=-10098.704

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:

Mirae Asset Venture Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=15704.109/147402.465
=10.65 %

* 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.


Mirae Asset Venture Investment Co EBIT Related Terms

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Mirae Asset Venture Investment Co Business Description

Traded in Other Exchanges
N/A
Address
20, Pangyoyeok-ro 241beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR
Mirae Asset Venture Investment Co Ltd is a company which provides start-up investment support for small and medium-sized businesses and consulting services for excellent companies in the early stages, and small-cap small and medium-sized enterprises through private equity fund based on the Capital Markets Act.

Mirae Asset Venture Investment Co Headlines

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