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Hanwha Aerospace Co (XKRX:012450) EBIT : ₩814,250 Mil (TTM As of Mar. 2024)


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What is Hanwha Aerospace Co EBIT?

Hanwha Aerospace Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩107,310 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩814,250 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hanwha Aerospace Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.03%. Hanwha Aerospace Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hanwha Aerospace Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.07%.


Hanwha Aerospace Co EBIT Historical Data

The historical data trend for Hanwha Aerospace 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.

Hanwha Aerospace Co EBIT Chart

Hanwha Aerospace 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 215,693.60 238,101.97 351,731.94 280,464.06 1,384,545.10

Hanwha Aerospace 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 684,055.22 381,174.36 70,508.55 255,257.39 107,309.70

Competitive Comparison of Hanwha Aerospace Co's EBIT

For the Aerospace & Defense subindustry, Hanwha Aerospace 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.


Hanwha Aerospace Co's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hanwha Aerospace Co's EV-to-EBIT distribution charts can be found below:

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



Hanwha Aerospace 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 ₩814,250 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.


Hanwha Aerospace Co  (XKRX:012450) EBIT Explanation

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

Hanwha Aerospace 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 )
=149638.992 * ( 1 - 95.31% )/( (21041742.217 + 21575694.984)/ 2 )
=7018.0687248/21308718.6005
=0.03 %

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))
=19542899.926 - 1385714.025 - ( 1905023.954 - max(0, 12076597.879 - 9192041.563+1905023.954))
=21041742.217

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))
=20524755.137 - 1160781.28 - ( 2050424.307 - max(0, 12322939.918 - 10111218.791+2050424.307))
=21575694.984

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

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

Hanwha Aerospace 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 )
=429238.804/( ( (3641482.002 + max(-2267200.091, 0)) + (3704791.199 + max(-1596568.489, 0)) )/ 2 )
=429238.804/( ( 3641482.002 + 3704791.199 )/ 2 )
=429238.804/3673136.6005
=11.69 %

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)
=(2033955.87 + 2868571.514 + 2297808.878) - (1385714.025 + 0 + 8081822.328)
=-2267200.091

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1844125.517 + 3346402.899 + 2743069.396) - (1160781.28 + 0 + 8369385.021)
=-1596568.489

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=814250.002/13414209.551
=6.07 %

* 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.


Hanwha Aerospace Co EBIT Related Terms

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Hanwha Aerospace Co (XKRX:012450) Business Description

Traded in Other Exchanges
N/A
Address
1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR
Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

Hanwha Aerospace Co (XKRX:012450) Headlines

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