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Syncmold Enterprise (TPE:1582) EBIT : NT$1,413 Mil (TTM As of Mar. 2024)


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What is Syncmold Enterprise EBIT?

Syncmold Enterprise's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$399 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,413 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Syncmold Enterprise's annualized ROC % for the quarter that ended in Mar. 2024 was 14.93%. Syncmold Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 46.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Syncmold Enterprise's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.83%.


Syncmold Enterprise EBIT Historical Data

The historical data trend for Syncmold Enterprise'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.

Syncmold Enterprise EBIT Chart

Syncmold Enterprise 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 1,465.56 1,524.86 425.58 659.26 1,066.73

Syncmold Enterprise 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 52.88 281.77 396.42 335.66 399.27

Competitive Comparison of Syncmold Enterprise's EBIT

For the Electronic Components subindustry, Syncmold Enterprise'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.


Syncmold Enterprise's EV-to-EBIT Distribution in the Hardware Industry

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

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



Syncmold Enterprise 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 NT$1,413 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.


Syncmold Enterprise  (TPE:1582) EBIT Explanation

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

Syncmold Enterprise'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 )
=1188.784 * ( 1 - 34.87% )/( (5340.016 + 5034.063)/ 2 )
=774.2550192/5187.0395
=14.93 %

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))
=12045.377 - 2400.486 - ( 5203.641 - max(0, 4452.353 - 8757.228+5203.641))
=5340.016

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))
=12277.206 - 2285.146 - ( 5714.424 - max(0, 4055.111 - 9013.108+5714.424))
=5034.063

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

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

Syncmold Enterprise'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 )
=1597.08/( ( (2533.817 + max(943.591, 0)) + (2498.829 + max(820.851, 0)) )/ 2 )
=1597.08/( ( 3477.408 + 3319.68 )/ 2 )
=1597.08/3398.544
=46.99 %

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)
=(2381.274 + 734.463 + 236.99) - (2400.486 + 0 + 8.6500000000005)
=943.591

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2211.66 + 713.718 + 199.555) - (2285.146 + 0 + 18.936)
=820.851

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:

Syncmold Enterprise's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1413.117/9530.663
=14.83 %

* 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.


Syncmold Enterprise EBIT Related Terms

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Syncmold Enterprise (TPE:1582) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Jiankang Road, 9th Floor, Zhonghe District, New Taipei City, TWN, 235
Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.

Syncmold Enterprise (TPE:1582) Headlines

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