GigaCloud Technology (GigaCloud Technology) EBIT : $129.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is GigaCloud Technology EBIT?

GigaCloud Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $33.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $129.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GigaCloud Technology's annualized ROC % for the quarter that ended in Mar. 2024 was 19.53%. GigaCloud Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GigaCloud Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.11%.

GigaCloud Technology EBIT Historical Data

The historical data trend for GigaCloud Technology'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.

GigaCloud Technology EBIT Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

4.80

45.32

38.03

31.73

116.24

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial										19.81	23.46	30.01	42.96	33.40

Competitive Comparison of GigaCloud Technology's EBIT

For the Software - Infrastructure subindustry, GigaCloud Technology'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.

GigaCloud Technology's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, GigaCloud Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GigaCloud Technology's EV-to-EBIT falls into.

GigaCloud Technology 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 $129.8 Mil.

GigaCloud Technology (NAS:GCT) EBIT Explanation

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

GigaCloud Technology'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 )
=	139.316 * ( 1 - 18.38% )	/	( (556.588	+	607.594)	/ 2 )
=	113.7097192	/	582.091
=	19.53 %

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	))
=	846.909	-	107.038	-	( 183.283	-	max(0, 205.774	-	392.807	+	183.283	))
=	556.588

	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	))
=	977.608	-	174.725	-	( 195.289	-	max(0, 251.679	-	460.654	+	195.289	))
=	607.594

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

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

GigaCloud Technology'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 )
=	133.604	/	( ( (423.536 + max(51.389, 0))	+	(481.796 + max(83.086, 0)) )	/	2 )
=	133.604	/	( ( 474.925	+	564.882 )	/	2 )
=	133.604	/	519.9035
=	25.70 %

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)
=	(58.876	+	132.247	+	6.425)	-	(107.038	+	5.537	+	33.584)
=	51.389

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(59.4	+	186.131	+	19.834)	-	(174.725	+	7.554	+	0)
=	83.086

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:

GigaCloud Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	129.826	/	1601.251
	=	8.11 %

GigaCloud Technology EBIT Related Terms

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

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » EBIT

Comparable Companies

CCSI IIIV LVOX SCWX NN OSPN STEM CGNT BAND CORZQ MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.