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Grand Pacific Petrochemical (TPE:1312) EBIT : NT$-2,014 Mil (TTM As of Mar. 2024)


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What is Grand Pacific Petrochemical EBIT?

Grand Pacific Petrochemical's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$-533 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-2,014 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grand Pacific Petrochemical's annualized ROC % for the quarter that ended in Mar. 2024 was -1.44%. Grand Pacific Petrochemical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grand Pacific Petrochemical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.69%.


Grand Pacific Petrochemical EBIT Historical Data

The historical data trend for Grand Pacific Petrochemical'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.

Grand Pacific Petrochemical EBIT Chart

Grand Pacific Petrochemical 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 2,746.87 5,117.06 7,366.61 60.40 -1,601.78

Grand Pacific Petrochemical 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 -121.20 -772.52 -195.45 -512.61 -533.18

Competitive Comparison of Grand Pacific Petrochemical's EBIT

For the Chemicals subindustry, Grand Pacific Petrochemical'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.


Grand Pacific Petrochemical's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grand Pacific Petrochemical's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grand Pacific Petrochemical's EV-to-EBIT falls into.



Grand Pacific Petrochemical 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$-2,014 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.


Grand Pacific Petrochemical  (TPE:1312) EBIT Explanation

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

Grand Pacific Petrochemical'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 )
=-947.524 * ( 1 - 16.47% )/( (51852.661 + 57809.705)/ 2 )
=-791.4667972/54831.183
=-1.44 %

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))
=61968.407 - 2620.799 - ( 9685.262 - max(0, 8612.164 - 16107.111+9685.262))
=51852.661

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))
=63160.013 - 1430.845 - ( 9306.043 - max(0, 12213.704 - 16133.167+9306.043))
=57809.705

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

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

Grand Pacific Petrochemical'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 )
=-2132.708/( ( (30239.175 + max(3293.905, 0)) + (30961.249 + max(4884.57, 0)) )/ 2 )
=-2132.708/( ( 33533.08 + 35845.819 )/ 2 )
=-2132.708/34689.4495
=-6.15 %

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)
=(1374.202 + 2073.662 + 2560.195) - (2620.799 + 0 + 93.355)
=3293.905

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1107.478 + 2734.573 + 2583.022) - (1430.845 + 0 + 109.658)
=4884.57

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:

Grand Pacific Petrochemical's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-2013.756/30112.121
=-6.69 %

* 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.


Grand Pacific Petrochemical EBIT Related Terms

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Grand Pacific Petrochemical (TPE:1312) Business Description

Traded in Other Exchanges
Address
No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567
Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm makes its products from petroleum. The company sells polystyrene resins, which are used in the production of rubber and plastics, including food containers and plastic credit cards. It also sells thermoplastic resins, which are used to produce automobile interior parts, luggage, computer monitors, modems, and scanners. The company also sells styrene-acrylonitrile resins, which are used to produce battery components, disposable lighters, electric fan blades, and air conditioner parts.

Grand Pacific Petrochemical (TPE:1312) Headlines

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