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Fitipower Integrated Technology (TPE:4961) EBIT : NT$2,783 Mil (TTM As of Mar. 2024)


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What is Fitipower Integrated Technology EBIT?

Fitipower Integrated Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was NT$525 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,783 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fitipower Integrated Technology's annualized ROC % for the quarter that ended in Mar. 2024 was 14.31%. Fitipower Integrated Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 87.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fitipower Integrated Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.54%.


Fitipower Integrated Technology EBIT Historical Data

The historical data trend for Fitipower Integrated 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.

Fitipower Integrated Technology EBIT Chart

Fitipower Integrated Technology 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 389.25 843.58 7,798.86 3,979.74 2,804.32

Fitipower Integrated Technology 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 545.51 781.95 796.87 680.00 524.67

Competitive Comparison of Fitipower Integrated Technology's EBIT

For the Semiconductors subindustry, Fitipower Integrated 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.


Fitipower Integrated Technology's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



Fitipower Integrated 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 NT$2,783 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.


Fitipower Integrated Technology  (TPE:4961) EBIT Explanation

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

Fitipower Integrated 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 )
=1531.564 * ( 1 - 14.24% )/( (9058.921 + 9303.48)/ 2 )
=1313.4692864/9181.2005
=14.31 %

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))
=24872.281 - 3163.473 - ( 12649.887 - max(0, 3245.705 - 17308.248+12649.887))
=9058.921

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))
=25775.818 - 3589.211 - ( 12883.127 - max(0, 3684.013 - 18169.064+12883.127))
=9303.48

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

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

Fitipower Integrated 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 )
=2098.66/( ( (1105.11 + max(1203.84, 0)) + (1135.181 + max(1340.844, 0)) )/ 2 )
=2098.66/( ( 2308.95 + 2476.025 )/ 2 )
=2098.66/2392.4875
=87.72 %

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)
=(2296.971 + 1945.787 + 177.016) - (3163.473 + 0 + 52.461)
=1203.84

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2534.217 + 2245.885 + 209.076) - (3589.211 + 0 + 59.123)
=1340.844

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2783.477/17912.855
=15.54 %

* 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.


Fitipower Integrated Technology EBIT Related Terms

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Fitipower Integrated Technology (TPE:4961) Business Description

Traded in Other Exchanges
N/A
Address
No. 6-8, Duxing Road, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 10366
Fitipower Integrated Technology Inc is a power management and liquid crystal display driver IC chip design company. The company is engaged in the design, manufacture, and marketing of digital, analog, and mix signal, and display driver ICs. It offers display driver ICs that are used in digital still cameras, camcorders, car navigators, etc.

Fitipower Integrated Technology (TPE:4961) Headlines

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