GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Solution Holding Co Ltd (TPE:6781) » Definitions » EBIT

Advanced Energy Solution Holding Co (TPE:6781) EBIT : NT$2,389 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Advanced Energy Solution Holding Co EBIT?

Advanced Energy Solution Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$613 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,389 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advanced Energy Solution Holding Co's annualized ROC % for the quarter that ended in Mar. 2024 was 15.33%. Advanced Energy Solution Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 32.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advanced Energy Solution Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.80%.


Advanced Energy Solution Holding Co EBIT Historical Data

The historical data trend for Advanced Energy Solution Holding 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.

Advanced Energy Solution Holding Co EBIT Chart

Advanced Energy Solution Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 770.52 1,202.46 3,087.05 4,122.75 2,573.00

Advanced Energy Solution Holding Co Quarterly Data
Dec18 Jun19 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 796.53 583.60 592.30 600.58 612.87

Competitive Comparison of Advanced Energy Solution Holding Co's EBIT

For the Electrical Equipment & Parts subindustry, Advanced Energy Solution Holding 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.


Advanced Energy Solution Holding Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Solution Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Advanced Energy Solution Holding Co's EV-to-EBIT falls into.



Advanced Energy Solution Holding 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$2,389 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.


Advanced Energy Solution Holding Co  (TPE:6781) EBIT Explanation

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

Advanced Energy Solution Holding 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 )
=2074.064 * ( 1 - 21.01% )/( (11197.312 + 10174.581)/ 2 )
=1638.3031536/10685.9465
=15.33 %

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))
=18510.799 - 2326.402 - ( 4987.085 - max(0, 5151.203 - 13433.844+4987.085))
=11197.312

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))
=21185.394 - 2665.57 - ( 8345.243 - max(0, 6979.535 - 17612.14+8345.243))
=10174.581

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

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

Advanced Energy Solution Holding 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 )
=2451.476/( ( (2244.86 + max(5174.665, 0)) + (2301.845 + max(5393.23, 0)) )/ 2 )
=2451.476/( ( 7419.525 + 7695.075 )/ 2 )
=2451.476/7557.3
=32.44 %

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)
=(1262.475 + 6931.02 + 241.33) - (2326.402 + 0 + 933.758)
=5174.665

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1271.81 + 7746.385 + 209.528) - (2665.57 + 0 + 1168.923)
=5393.23

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:

Advanced Energy Solution Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2389.34/49809.635
=4.80 %

* 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.


Advanced Energy Solution Holding Co EBIT Related Terms

Thank you for viewing the detailed overview of Advanced Energy Solution Holding Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Energy Solution Holding Co (TPE:6781) Business Description

Traded in Other Exchanges
N/A
Address
Bade Road, 4th Floor, No. 656, Section 2, Hukou Township, Hsinchu, TWN, 303104
Advanced Energy Solution Holding Co Ltd is engaged in the production and sales of lithium battery modules and provides relevant after-sales services.

Advanced Energy Solution Holding Co (TPE:6781) Headlines

No Headlines