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Johnson Health Tech Co (TPE:1736) EBIT : NT$2,349 Mil (TTM As of Mar. 2024)


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What is Johnson Health Tech Co EBIT?

Johnson Health Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,349 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Johnson Health Tech Co's annualized ROC % for the quarter that ended in Mar. 2024 was -14.39%. Johnson Health Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Johnson Health Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.91%.


Johnson Health Tech Co EBIT Historical Data

The historical data trend for Johnson Health Tech 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.

Johnson Health Tech Co EBIT Chart

Johnson Health Tech 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 1,775.22 1,138.56 327.18 559.79 1,711.95

Johnson Health Tech 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 -607.24 582.91 657.30 1,078.98 30.05

Competitive Comparison of Johnson Health Tech Co's EBIT

For the Leisure subindustry, Johnson Health Tech 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.


Johnson Health Tech Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Johnson Health Tech Co's EV-to-EBIT falls into.



Johnson Health Tech 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$2,349 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.


Johnson Health Tech Co  (TPE:1736) EBIT Explanation

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

Johnson Health Tech 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 )
=-1322.996 * ( 1 - -176.04% )/( (25569.691 + 25181.521)/ 2 )
=-3651.9981584/25375.606
=-14.39 %

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))
=36421.84 - 8479.973 - ( 2372.176 - max(0, 18124.321 - 23609.864+2372.176))
=25569.691

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))
=35463.098 - 7813.576 - ( 2468.001 - max(0, 17388.495 - 22549.333+2468.001))
=25181.521

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

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

Johnson Health Tech 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 )
=120.196/( ( (7452.041 + max(11106.004, 0)) + (7459.215 + max(10592.667, 0)) )/ 2 )
=120.196/( ( 18558.045 + 18051.882 )/ 2 )
=120.196/18304.9635
=0.66 %

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)
=(10482.219 + 9039.224 + 1173.954) - (8479.973 + 0 + 1109.42)
=11106.004

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8714.197 + 9658.728 + 1154.931) - (7813.576 + 0 + 1121.613)
=10592.667

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:

Johnson Health Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2349.237/39774.579
=5.91 %

* 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.


Johnson Health Tech Co EBIT Related Terms

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Johnson Health Tech Co (TPE:1736) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Dongda Road, Section 2, Daya District, Taichung, TWN, 428
Johnson Health Tech Co Ltd is a producer of fitness equipment. The company operates several brands including Matrix, Vision Fitness, Horizon Fitness, Treo Fitness, and Tempo Fitness. Johnson Health Tech produces equipment for both home and commercial gyms. The firm has four reporting segments which include American, European, Asian, and other. The majority of the revenue derives from the American segment which is In charge of selling cardiovascular equipment and research and development of training equipment in America.

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