GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shinko Shoji Co Ltd (TSE:8141) » Definitions » EBIT

Shinko Shoji Co (TSE:8141) EBIT : 円4,837 Mil (TTM As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Shinko Shoji Co EBIT?

Shinko Shoji Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円1,413 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円4,837 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shinko Shoji Co's annualized ROC % for the quarter that ended in Dec. 2023 was 5.69%. Shinko Shoji Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shinko Shoji Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.77%.


Shinko Shoji Co EBIT Historical Data

The historical data trend for Shinko Shoji 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.

Shinko Shoji Co EBIT Chart

Shinko Shoji Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,947.00 1,684.00 4,190.00 7,029.00 4,837.00

Shinko Shoji 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 1,672.00 1,738.00 1,884.00 1,413.00 -198.00

Competitive Comparison of Shinko Shoji Co's EBIT

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.


Shinko Shoji Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shinko Shoji Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shinko Shoji Co's EV-to-EBIT falls into.



Shinko Shoji 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,837 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.


Shinko Shoji Co  (TSE:8141) EBIT Explanation

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

Shinko Shoji Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=5960 * ( 1 - 29.66% )/( (76488 + 70925)/ 2 )
=4192.264/73706.5
=5.69 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Shinko Shoji Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5652/( ( (751 + max(49793, 0)) + (703 + max(46713, 0)) )/ 2 )
=5652/( ( 50544 + 47416 )/ 2 )
=5652/48980
=11.54 %

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)
=(40321 + 38104 + 204) - (21979 + 0 + 6857)
=49793

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32345 + 38154 + 332) - (18738 + 0 + 5380)
=46713

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shinko Shoji Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4837/37883.136
=12.77 %

* 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.


Shinko Shoji Co EBIT Related Terms

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


Shinko Shoji Co (TSE:8141) Business Description

Traded in Other Exchanges
Address
Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.

Shinko Shoji Co (TSE:8141) Headlines

No Headlines