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Hotai Motor Co (TPE:2207) EBIT : NT$36,808 Mil (TTM As of Mar. 2024)


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What is Hotai Motor Co EBIT?

Hotai Motor Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$10,160 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$36,808 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hotai Motor Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.95%. Hotai Motor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hotai Motor Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.01%.


Hotai Motor Co EBIT Historical Data

The historical data trend for Hotai Motor 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.

Hotai Motor Co EBIT Chart

Hotai Motor 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 18,751.85 22,986.87 26,900.70 -11,439.54 35,239.78

Hotai Motor 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 8,592.08 9,559.80 9,111.73 7,976.16 10,160.24

Competitive Comparison of Hotai Motor Co's EBIT

For the Auto & Truck Dealerships subindustry, Hotai Motor 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.


Hotai Motor Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hotai Motor Co's EV-to-EBIT distribution charts can be found below:

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



Hotai Motor 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 NT$36,808 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.


Hotai Motor Co  (TPE:2207) EBIT Explanation

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

Hotai Motor 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 )
=16609.972 * ( 1 - 18.51% )/( (451921.842 + 466046.036)/ 2 )
=13535.4661828/458983.939
=2.95 %

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))
=485880.35 - 20787.005 - ( 32703.674 - max(0, 339244.897 - 352416.4+32703.674))
=451921.842

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))
=496100.377 - 33653.886 - ( 32751.697 - max(0, 358315.32 - 354715.775+32751.697))
=466046.036

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

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

Hotai Motor 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 )
=40640.96/( ( (69491.587 + max(249466.488, 0)) + (71756.723 + max(238295.442, 0)) )/ 2 )
=40640.96/( ( 318958.075 + 310052.165 )/ 2 )
=40640.96/314505.12
=12.92 %

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)
=(272178.742 + 16979.7 + 14115.847) - (20787.005 + 0 + 33020.796)
=249466.488

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277322.275 + 14397.716 + 13095.813) - (33653.886 + 0 + 32866.476)
=238295.442

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=36807.94/612665.684
=6.01 %

* 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.


Hotai Motor Co EBIT Related Terms

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Hotai Motor Co (TPE:2207) Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Sung Chiang Road, 8th-14th Floor, Taipei, TWN
Hotai Motor Co Ltd is an automobile distribution company domiciled in Taiwan. The company distributes new and used passenger vehicles under the Toyota and Lexus brands; commercial vehicles, including trucks, under the Toyota and HINO brands; and Toyota industrial equipment. It earns more than half its sales from HINO- and Toyota-branded products. In addition to vehicle sales, Hotai Motor provides leasing and financing services, insurance, vehicle accessories, and vehicle servicing. Its segments include the Distributor of Toyota and Hino products segments, Installment trading, Leasing, Property insurance, overseas sales agent and other segments. It has operations across both Taiwan and mainland China, with the vast majority of revenue derived domestically.

Hotai Motor Co (TPE:2207) Headlines

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