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Fine Technix Co (XKRX:106240) EBIT : ₩-3,874 Mil (TTM As of Mar. 2024)


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What is Fine Technix Co EBIT?

Fine Technix Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩1,350 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-3,874 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fine Technix Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.55%. Fine Technix Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fine Technix Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.16%.


Fine Technix Co EBIT Historical Data

The historical data trend for Fine Technix 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.

Fine Technix Co EBIT Chart

Fine Technix 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 2,503.94 10,968.00 3,874.64 26,556.20 -4,253.73

Fine Technix 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 970.96 -2,297.16 256.14 -3,183.68 1,350.50

Competitive Comparison of Fine Technix Co's EBIT

For the Electrical Equipment & Parts subindustry, Fine Technix 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.


Fine Technix Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fine Technix Co's EV-to-EBIT distribution charts can be found below:

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



Fine Technix 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 ₩-3,874 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.


Fine Technix Co  (XKRX:106240) EBIT Explanation

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

Fine Technix 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 )
=877.044 * ( 1 - -1.13% )/( (161869.065 + 162471.419)/ 2 )
=886.9545972/162170.242
=0.55 %

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))
=170985.134 - 5949.063 - ( 3167.006 - max(0, 36805.571 - 47381.897+3167.006))
=161869.065

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))
=171641.715 - 5908.901 - ( 3261.395 - max(0, 36412.702 - 50214.385+3261.395))
=162471.419

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

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

Fine Technix 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 )
=5401.996/( ( (38692.315 + max(30768.865, 0)) + (38704.856 + max(32614.457, 0)) )/ 2 )
=5401.996/( ( 69461.18 + 71319.313 )/ 2 )
=5401.996/70390.2465
=7.67 %

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)
=(14242.573 + 14552.829 + 12149.797) - (5949.063 + 0 + 4227.271)
=30768.865

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14977.811 + 15542.03 + 11878.081) - (5908.901 + 0 + 3874.564)
=32614.457

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-3874.192/62907.320
=-6.16 %

* 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.


Fine Technix Co EBIT Related Terms

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Fine Technix Co (XKRX:106240) Business Description

Traded in Other Exchanges
N/A
Address
8 Deokcheon-Ro, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 430-817
Fine Technix Co Ltd manufactures LED lighting equipments and Mechanical devices. Its products include LED Bulbs, LED Panel Light, LED Street Light and LED Flood Light among others. The company also offers products such as Top Chassis, Bottom Chassis, Back Cover, Lamp Reflector and Case categories among others.

Fine Technix Co (XKRX:106240) Headlines

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