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Spigen Korea Co (XKRX:192440) EBIT : ₩104,905 Mil (TTM As of Mar. 2024)


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What is Spigen Korea Co EBIT?

Spigen Korea Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩72,020 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩104,905 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spigen Korea Co's annualized ROC % for the quarter that ended in Mar. 2024 was 47.47%. Spigen Korea Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 122.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spigen Korea Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 138.65%.


Spigen Korea Co EBIT Historical Data

The historical data trend for Spigen Korea 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.

Spigen Korea Co EBIT Chart

Spigen Korea 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 53,710.82 75,734.38 50,213.06 42,139.25 52,457.42

Spigen Korea 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 19,572.04 10,859.77 8,146.27 13,879.35 72,019.53

Competitive Comparison of Spigen Korea Co's EBIT

For the Consumer Electronics subindustry, Spigen Korea 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.


Spigen Korea Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Spigen Korea 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 ₩104,905 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.


Spigen Korea Co  (XKRX:192440) EBIT Explanation

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

Spigen Korea 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 )
=288078.136 * ( 1 - 24.95% )/( (384444.862 + 526408.057)/ 2 )
=216202.641068/455426.4595
=47.47 %

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))
=515521.87 - 26845.234 - ( 104231.774 - max(0, 37385.317 - 226626.245+104231.774))
=384444.862

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

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

Spigen Korea 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 )
=288078.136/( ( (175273.241 + max(85873.844, 0)) + (0 + max(207363.643, 0)) )/ 2 )
=288078.136/( ( 261147.085 + 207363.643 )/ 2 )
=288078.136/234255.364
=122.98 %

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)
=(15199.367 + 87091.353 + 18874.695) - (26845.234 + 0 + 8446.337)
=85873.844

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 243681.84) - (0 + 0 + 36318.197)
=207363.643

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=104904.919/75659.880
=138.65 %

* 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.


Spigen Korea Co EBIT Related Terms

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Spigen Korea Co (XKRX:192440) Business Description

Traded in Other Exchanges
N/A
Address
Gasan Digital neck to call 1128 1709, Seoul, KOR, 153-803
Spigen Korea Co Ltd is a South Korea based company operates in the mobile accessories business. It is primarily engaged in the manufacturing and sale of mobile accessories such as charger, cable, bluetooth earphone, smartphone care, car accessories and others.

Spigen Korea Co (XKRX:192440) Headlines

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