GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Union Semiconductor (Hefei) Co Ltd (SHSE:688403) » Definitions » EBIT

Union Semiconductor (Hefei) Co (SHSE:688403) EBIT : ¥201 Mil (TTM As of Mar. 2024)


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

What is Union Semiconductor (Hefei) Co EBIT?

Union Semiconductor (Hefei) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥201 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Union Semiconductor (Hefei) Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.01%. Union Semiconductor (Hefei) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Union Semiconductor (Hefei) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.66%.


Union Semiconductor (Hefei) Co EBIT Historical Data

The historical data trend for Union Semiconductor (Hefei) 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.

Union Semiconductor (Hefei) Co EBIT Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -98.59 35.83 140.59 182.63 195.58

Union Semiconductor (Hefei) Co Quarterly Data
Dec18 Dec19 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 23.68 58.42 59.84 53.64 28.64

Competitive Comparison of Union Semiconductor (Hefei) Co's EBIT

For the Semiconductors subindustry, Union Semiconductor (Hefei) 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.


Union Semiconductor (Hefei) Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's EV-to-EBIT falls into.



Union Semiconductor (Hefei) 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 ¥201 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.


Union Semiconductor (Hefei) Co  (SHSE:688403) EBIT Explanation

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

Union Semiconductor (Hefei) 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 )
=101.812 * ( 1 - 1.13% )/( (3292.292 + 3401.063)/ 2 )
=100.6615244/3346.6775
=3.01 %

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))
=3596.297 - 173.671 - ( 130.334 - max(0, 364.886 - 652.546+130.334))
=3292.292

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))
=3668.458 - 177.184 - ( 90.211 - max(0, 468.325 - 639.262+90.211))
=3401.063

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

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

Union Semiconductor (Hefei) 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 )
=114.564/( ( (2579.78 + max(344.886, 0)) + (2682.749 + max(366.831, 0)) )/ 2 )
=114.564/( ( 2924.666 + 3049.58 )/ 2 )
=114.564/2987.123
=3.84 %

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)
=(231.246 + 236.998 + 53.573) - (173.671 + 0 + 3.26)
=344.886

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201.827 + 254.317 + 89.585) - (177.184 + 0 + 1.714)
=366.831

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:

Union Semiconductor (Hefei) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=200.54/7541.815
=2.66 %

* 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.


Union Semiconductor (Hefei) Co EBIT Related Terms

Thank you for viewing the detailed overview of Union Semiconductor (Hefei) Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Union Semiconductor (Hefei) Co (SHSE:688403) Business Description

Traded in Other Exchanges
N/A
Address
Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.

Union Semiconductor (Hefei) Co (SHSE:688403) Headlines

No Headlines