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Aces Electronic Co (TPE:3605) EBIT : NT$-14 Mil (TTM As of Mar. 2024)


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What is Aces Electronic Co EBIT?

Aces Electronic Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aces Electronic Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.09%. Aces Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aces Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.16%.


Aces Electronic Co EBIT Historical Data

The historical data trend for Aces Electronic 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.

Aces Electronic Co EBIT Chart

Aces Electronic 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 394.64 358.26 634.73 400.13 -160.97

Aces Electronic 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 -126.51 -23.90 63.05 -73.60 20.31

Competitive Comparison of Aces Electronic Co's EBIT

For the Electronic Components subindustry, Aces Electronic 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.


Aces Electronic Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Aces Electronic 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$-14 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.


Aces Electronic Co  (TPE:3605) EBIT Explanation

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

Aces Electronic 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 )
=-232.176 * ( 1 - 140.87% )/( (8489.344 + 8962.51)/ 2 )
=94.8903312/8725.927
=1.09 %

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))
=12250.889 - 2249.864 - ( 2058.206 - max(0, 4663.735 - 6175.416+2058.206))
=8489.344

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))
=12650.818 - 2228.59 - ( 1988.172 - max(0, 4668.36 - 6128.078+1988.172))
=8962.51

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

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

Aces Electronic 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 )
=81.224/( ( (4566.275 + max(1251.454, 0)) + (5165.907 + max(1474.073, 0)) )/ 2 )
=81.224/( ( 5817.729 + 6639.98 )/ 2 )
=81.224/6228.8545
=1.30 %

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)
=(2246.95 + 1189.41 + 184.761) - (2249.864 + 0 + 119.803)
=1251.454

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2372.286 + 1279.569 + 189.944) - (2228.59 + 0 + 139.136)
=1474.073

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-14.151/9103.630
=-0.16 %

* 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.


Aces Electronic Co EBIT Related Terms

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Aces Electronic Co (TPE:3605) Business Description

Traded in Other Exchanges
N/A
Address
No.13,Dongyuan Road, Zhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. The company offers connector solutions for various electronic applications like NB computers, cellular phones, digital cameras, and others. Aces provide shorter product development and production cycles for businesses. Its product portfolio consists of btb conn, card conn, battery conn, universal serial bus conn, power conn, and other. The Company has 4 reporting segments: connector, connector sets, metal stamping segment and other segment. The connector segment is mainly engaging in processing, manufacturing and selling of connectors. The connector sets segment is mainly engaging in manufacturing and sales of consumer electronics, communication peripherals and industrial connectors sets.

Aces Electronic Co (TPE:3605) Headlines

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