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Shinsung Tongsang Co (XKRX:005390) EBIT : ₩117,550 Mil (TTM As of Mar. 2024)


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What is Shinsung Tongsang Co EBIT?

Shinsung Tongsang Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩-3,747 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩117,550 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shinsung Tongsang Co's annualized ROC % for the quarter that ended in Mar. 2024 was -1.68%. Shinsung Tongsang Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shinsung Tongsang Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.32%.


Shinsung Tongsang Co EBIT Historical Data

The historical data trend for Shinsung Tongsang 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.

Shinsung Tongsang Co EBIT Chart

Shinsung Tongsang Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,681.88 32,218.21 67,828.64 130,875.47 139,614.38

Shinsung Tongsang 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 3,132.93 45,845.29 3,688.10 71,764.18 -3,747.31

Competitive Comparison of Shinsung Tongsang Co's EBIT

For the Apparel Manufacturing subindustry, Shinsung Tongsang 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.


Shinsung Tongsang Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinsung Tongsang Co's EV-to-EBIT distribution charts can be found below:

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



Shinsung Tongsang 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 ₩117,550 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.


Shinsung Tongsang Co  (XKRX:005390) EBIT Explanation

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

Shinsung Tongsang 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 )
=-20736.524 * ( 1 - 37.42% )/( (774566.288 + 767957.069)/ 2 )
=-12976.9167192/771261.6785
=-1.68 %

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))
=1168590.631 - 185827.172 - ( 270822.161 - max(0, 500223.865 - 708421.036+270822.161))
=774566.288

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))
=1202712.381 - 162971.727 - ( 279202.336 - max(0, 469208.707 - 740992.292+279202.336))
=767957.069

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

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

Shinsung Tongsang 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 )
=-14989.244/( ( (315504.741 + max(220857.264, 0)) + (315142.442 + max(264500.31, 0)) )/ 2 )
=-14989.244/( ( 536362.005 + 579642.752 )/ 2 )
=-14989.244/558002.3785
=-2.69 %

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)
=(113093.347 + 303550.364 + 8101.164) - (185827.172 + 0 + 18060.439)
=220857.264

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90069.63 + 346104.569 + 5981.757) - (162971.727 + 0 + 14683.919)
=264500.31

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=117550.265/526730.799
=22.32 %

* 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.


Shinsung Tongsang Co EBIT Related Terms

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Shinsung Tongsang Co (XKRX:005390) Business Description

Traded in Other Exchanges
N/A
Address
444, Dunchon-2-Dong, Shinsung Building, Gandong-Gu, Seoul, KOR
Shinsung Tongsang Co Ltd is a Korea based company engaged in the manufacture and marketing of apparels. Its business units are Exports, Fashion and Distribution. Through its business units, the organization is involved in the business of fibers and clothing export, domestic fashion manufacturing, and sales and distribution activities.

Shinsung Tongsang Co (XKRX:005390) Headlines

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