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WONIK CUBE (XKRX:014190) EBIT : ₩6,592 Mil (TTM As of Mar. 2024)


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What is WONIK CUBE EBIT?

WONIK CUBE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩1,578 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩6,592 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. WONIK CUBE's annualized ROC % for the quarter that ended in Mar. 2024 was 4.25%. WONIK CUBE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. WONIK CUBE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.88%.


WONIK CUBE EBIT Historical Data

The historical data trend for WONIK CUBE'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.

WONIK CUBE EBIT Chart

WONIK CUBE 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 7,922.91 3,829.56 13,686.32 5,957.62 7,281.20

WONIK CUBE 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 2,267.37 2,446.06 1,711.44 856.33 1,578.17

Competitive Comparison of WONIK CUBE's EBIT

For the Specialty Chemicals subindustry, WONIK CUBE'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.


WONIK CUBE's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, WONIK CUBE's EV-to-EBIT distribution charts can be found below:

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



WONIK CUBE 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 ₩6,592 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.


WONIK CUBE  (XKRX:014190) EBIT Explanation

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

WONIK CUBE'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 )
=5019.836 * ( 1 - 20.57% )/( (89864.451 + 97753.163)/ 2 )
=3987.2557348/93808.807
=4.25 %

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))
=139500.489 - 17417.433 - ( 32218.605 - max(0, 33097.413 - 108413.613+32218.605))
=89864.451

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))
=144646.725 - 19583.62 - ( 27309.942 - max(0, 37279.847 - 113551.64+27309.942))
=97753.163

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

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

WONIK CUBE'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 )
=6312.668/( ( (26271.009 + max(55965.583, 0)) + (26425.802 + max(63917.073, 0)) )/ 2 )
=6312.668/( ( 82236.592 + 90342.875 )/ 2 )
=6312.668/86289.7335
=7.32 %

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)
=(44463.583 + 28247.696 + 3259.534) - (17417.433 + 0 + 2587.797)
=55965.583

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51699.179 + 32891.292 + 1313.553) - (19583.62 + 0 + 2403.331)
=63917.073

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:

WONIK CUBE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=6591.995/51169.580
=12.88 %

* 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.


WONIK CUBE EBIT Related Terms

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WONIK CUBE (XKRX:014190) Business Description

Traded in Other Exchanges
N/A
Address
22-2, Sunae-Dong, Bundang-Gu, Gyeonggi-do, Seongnam, KOR
WONIK CUBE Corp is a South Korean company engaged in chemical business which include supplying of paint, ink, adhesive, and artificial marble, resin business, silicon business, construction business, P&P business which include supplying automatic paper box folding machine, and development business which include supplying of electronic materials.

WONIK CUBE (XKRX:014190) Headlines

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