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Wisdom Marine Lines Co (TPE:2637) EBIT : NT$5,100 Mil (TTM As of Mar. 2024)


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What is Wisdom Marine Lines Co EBIT?

Wisdom Marine Lines Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$2,023 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$5,100 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wisdom Marine Lines Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.13%. Wisdom Marine Lines Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wisdom Marine Lines Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.80%.


Wisdom Marine Lines Co EBIT Historical Data

The historical data trend for Wisdom Marine Lines 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.

Wisdom Marine Lines Co EBIT Chart

Wisdom Marine Lines Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,631.16 3,947.01 1,325.20 9,110.34 12,233.34

Wisdom Marine Lines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,419.48 386.15 2,076.80 1,000.17 2,023.37

Competitive Comparison of Wisdom Marine Lines Co's EBIT

For the Marine Shipping subindustry, Wisdom Marine Lines 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.


Wisdom Marine Lines Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wisdom Marine Lines Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wisdom Marine Lines Co's EV-to-EBIT falls into.



Wisdom Marine Lines 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$5,100 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.


Wisdom Marine Lines Co  (TPE:2637) EBIT Explanation

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

Wisdom Marine Lines 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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=5832.164 * ( 1 - 0.53% )/( (95961.759 + 93181.868)/ 2 )
=5801.2535308/94571.8135
=6.13 %

where

Invested Capital(Q: Sep. 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))
=91779.569 - 390.514 - ( 3863.196 - max(0, 10986.627 - 6413.923+3863.196))
=95961.759

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))
=91205.371 - 485.844 - ( 5078.644 - max(0, 10219.563 - 7757.222+5078.644))
=93181.868

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

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

Wisdom Marine Lines 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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8093.48/( ( (84490.987 + max(643.529, 0)) + (82603.959 + max(781.535, 0)) )/ 2 )
=8093.48/( ( 85134.516 + 83385.494 )/ 2 )
=8093.48/84260.005
=9.61 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.958 + 82.576 + 2257.721) - (390.514 + 0 + 1452.212)
=643.529

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.667 + 85.348 + 2355.157) - (485.844 + 0 + 1341.793)
=781.535

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:

Wisdom Marine Lines Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5100.343/87919.714
=5.80 %

* 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.


Wisdom Marine Lines Co EBIT Related Terms

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Wisdom Marine Lines Co (TPE:2637) Business Description

Traded in Other Exchanges
N/A
Address
Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667
Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

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