GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Seojeon Electric Machinery Co Ltd (XKRX:189860) » Definitions » EBIT

Seojeon Electric Machinery Co (XKRX:189860) EBIT : ₩-3,834 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Seojeon Electric Machinery Co EBIT?

Seojeon Electric Machinery Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩-3,794 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-3,834 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seojeon Electric Machinery Co's annualized ROC % for the quarter that ended in Mar. 2024 was -35.07%. Seojeon Electric Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -47.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seojeon Electric Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.74%.


Seojeon Electric Machinery Co EBIT Historical Data

The historical data trend for Seojeon Electric Machinery 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.

Seojeon Electric Machinery Co EBIT Chart

Seojeon Electric Machinery 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 1,201.09 3,242.35 -2,551.15 -2,785.22 -3,358.54

Seojeon Electric Machinery 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 -3,318.96 -1,416.19 -2,914.39 4,290.99 -3,794.46

Competitive Comparison of Seojeon Electric Machinery Co's EBIT

For the Electrical Equipment & Parts subindustry, Seojeon Electric Machinery 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.


Seojeon Electric Machinery Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Seojeon Electric Machinery Co's EV-to-EBIT falls into.



Seojeon Electric Machinery 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 ₩-3,834 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.


Seojeon Electric Machinery Co  (XKRX:189860) EBIT Explanation

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

Seojeon Electric Machinery 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 )
=-15406.312 * ( 1 - 0.19% )/( (41830.949 + 45850.022)/ 2 )
=-15377.0400072/43840.4855
=-35.07 %

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))
=54600.471 - 11435.662 - ( 1333.86 - max(0, 16752.152 - 23405.98+1333.86))
=41830.949

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))
=54552.892 - 8485.138 - ( 217.732 - max(0, 17562.823 - 23026.409+217.732))
=45850.022

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

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

Seojeon Electric Machinery 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 )
=-15177.84/( ( (27013.712 + max(4725.142, 0)) + (27087.621 + max(5189.683, 0)) )/ 2 )
=-15177.84/( ( 31738.854 + 32277.304 )/ 2 )
=-15177.84/32008.079
=-47.42 %

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)
=(16424.146 + 2879.804 + 2027.735) - (11435.662 + 0 + 5170.881)
=4725.142

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11578.871 + 6818.643 + 3438.698) - (8485.138 + 0 + 8161.391)
=5189.683

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:

Seojeon Electric Machinery Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-3834.049/66790.548
=-5.74 %

* 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.


Seojeon Electric Machinery Co EBIT Related Terms

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


Seojeon Electric Machinery Co (XKRX:189860) Business Description

Traded in Other Exchanges
N/A
Address
38-19, Daewol-ro 667beon-gil, Daewol-myeon, Gyeonggi-do, Icheon, KOR, 17401
Seojeon Electric Machinery Co Ltd is engaged in manufacturing switchboards and electric automatic control panels. The switchboard products offered by the entity include eco-friendly switchboard, special high voltage switchboard, low-voltage switchboard. Motor control panel, MCSG, gas insulated switchgear, Seismic switchgear, rectifier and distribution board for the data center. The other products provided by the company are power control system, smart grid system, electric work and insulation degradation prevention device. In addition, the organization also offers electrical work services.

Seojeon Electric Machinery Co (XKRX:189860) Headlines

No Headlines