GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kuen Ling Machinery Refrigerating Co Ltd (ROCO:4527) » Definitions » EBIT

Kuen Ling Machinery Refrigerating Co (ROCO:4527) EBIT : NT$388 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Kuen Ling Machinery Refrigerating Co EBIT?

Kuen Ling Machinery Refrigerating Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$388 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kuen Ling Machinery Refrigerating Co's annualized ROC % for the quarter that ended in Mar. 2024 was 9.41%. Kuen Ling Machinery Refrigerating Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kuen Ling Machinery Refrigerating Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.46%.


Kuen Ling Machinery Refrigerating Co EBIT Historical Data

The historical data trend for Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating Co EBIT Chart

Kuen Ling Machinery Refrigerating 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 218.73 268.72 201.34 260.17 368.07

Kuen Ling Machinery Refrigerating 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 42.35 67.48 74.15 184.09 62.27

Competitive Comparison of Kuen Ling Machinery Refrigerating Co's EBIT

For the Electronic Components subindustry, Kuen Ling Machinery Refrigerating 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.


Kuen Ling Machinery Refrigerating Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kuen Ling Machinery Refrigerating Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kuen Ling Machinery Refrigerating Co's EV-to-EBIT falls into.



Kuen Ling Machinery Refrigerating 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 NT$388 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.


Kuen Ling Machinery Refrigerating Co  (ROCO:4527) EBIT Explanation

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

Kuen Ling Machinery Refrigerating 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 )
=245.416 * ( 1 - 24.82% )/( (2050.856 + 1872.457)/ 2 )
=184.5037488/1961.6565
=9.41 %

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))
=3647.282 - 1124.368 - ( 472.058 - max(0, 1731.365 - 2879.278+472.058))
=2050.856

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))
=3579.506 - 1250.503 - ( 456.546 - max(0, 1792.277 - 2805.207+456.546))
=1872.457

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

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

Kuen Ling Machinery Refrigerating 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 )
=249.092/( ( (678.99 + max(577.297, 0)) + (687.177 + max(264.872, 0)) )/ 2 )
=249.092/( ( 1256.287 + 952.049 )/ 2 )
=249.092/1104.168
=22.56 %

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)
=(1238.49 + 645.562 + 84.289) - (1124.368 + 0 + 266.676)
=577.297

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(987.251 + 702.71 + 79.887) - (1250.503 + 0 + 254.473)
=264.872

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:

Kuen Ling Machinery Refrigerating Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=387.992/3384.554
=11.46 %

* 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.


Kuen Ling Machinery Refrigerating Co EBIT Related Terms

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


Kuen Ling Machinery Refrigerating Co (ROCO:4527) Business Description

Traded in Other Exchanges
N/A
Address
No.336, Chihkan North Road, Tzu Kuan Hsiang, Kaohsiung Hsien, TWN
Kuen Ling Machinery Refrigerating Co Ltd is a manufacturer of air-conditioning and frozen equipment. Its products are water-cooled centrifugal, screw type, flooded type chiller units, air-cooled chiller unit, computer room packaged chiller units, thermal storage ice tank, and vacuum freeze-dried equipment. There are three segments of the Group, which are operation bases in Taiwan, Mainland China and Vietnam regions.

Kuen Ling Machinery Refrigerating Co (ROCO:4527) Headlines

No Headlines