Dongkuk Steel Mill Co spin off (XKRX:460860) EBIT : ₩226,208 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Dongkuk Steel Mill Co spin off EBIT?

Dongkuk Steel Mill Co spin off's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₩53,547 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩226,208 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dongkuk Steel Mill Co spin off's annualized ROC % for the quarter that ended in Mar. 2024 was 5.14%. Dongkuk Steel Mill Co spin off's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dongkuk Steel Mill Co spin off's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.12%.

Dongkuk Steel Mill Co spin off EBIT Historical Data

The historical data trend for Dongkuk Steel Mill Co spin off'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.

Dongkuk Steel Mill Co spin off EBIT Chart

Dongkuk Steel Mill Co spin off Annual Data

Trend

Dec23

EBIT

230,017.99

Dongkuk Steel Mill Co spin off Quarterly Data
	Jun23	Sep23	Dec23	Mar24
EBIT	-	96,796.86	75,864.82	53,546.67

Competitive Comparison of Dongkuk Steel Mill Co spin off's EBIT

For the Steel subindustry, Dongkuk Steel Mill Co spin off'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.

Dongkuk Steel Mill Co spin off's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Steel Mill Co spin off's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dongkuk Steel Mill Co spin off's EV-to-EBIT falls into.

Dongkuk Steel Mill Co spin off 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 ₩226,208 Mil.

Dongkuk Steel Mill Co spin off (XKRX:460860) EBIT Explanation

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

Dongkuk Steel Mill Co spin off'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 )
=	210151.612 * ( 1 - 23.74% )	/	( (3175718.327	+	3063457.742)	/ 2 )
=	160261.6193112	/	3119588.0345
=	5.14 %

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	))
=	3531787.086	-	426456.617	-	( 434773.398	-	max(0, 1531727.718	-	1461339.86	+	434773.398	))
=	3175718.327

	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	))
=	3371925.875	-	369723.559	-	( 307159.367	-	max(0, 1384643.55	-	1323388.124	+	307159.367	))
=	3063457.742

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

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

Dongkuk Steel Mill Co spin off'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 )
=	214186.672	/	( ( (1986934.511 + max(476949.698, 0))	+	(1967235.579 + max(549869.543, 0)) )	/	2 )
=	214186.672	/	( ( 2463884.209	+	2517105.122 )	/	2 )
=	214186.672	/	2490494.6655
=	8.60 %

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)
=	(411275.503	+	598596.052	+	14975.061)	-	(426456.617	+	0	+	121440.301)
=	476949.698

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(388543.889	+	604432.423	+	20163.674)	-	(369723.559	+	0	+	93546.884)
=	549869.543

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:

Dongkuk Steel Mill Co spin off's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	226208.355	/	1248340.426
	=	18.12 %

Dongkuk Steel Mill Co spin off EBIT Related Terms

Thank you for viewing the detailed overview of Dongkuk Steel Mill Co spin off's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Steel Mill Co Ltd spin off (XKRX:460860) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR

Website

https://www.dongkuk.com

Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

Dongkuk Steel Mill Co spin off (XKRX:460860) Headlines

No Headlines