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Jinzhou Yongshan Lithium Co (SHSE:603399) EBIT : ¥-325 Mil (TTM As of Mar. 2024)


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What is Jinzhou Yongshan Lithium Co EBIT?

Jinzhou Yongshan Lithium Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-325 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jinzhou Yongshan Lithium Co's annualized ROC % for the quarter that ended in Mar. 2024 was 16.66%. Jinzhou Yongshan Lithium Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 33.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jinzhou Yongshan Lithium Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.16%.


Jinzhou Yongshan Lithium Co EBIT Historical Data

The historical data trend for Jinzhou Yongshan Lithium 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.

Jinzhou Yongshan Lithium Co EBIT Chart

Jinzhou Yongshan Lithium 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 -168.96 -269.63 87.34 819.19 -332.73

Jinzhou Yongshan Lithium 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 97.67 -18.13 -281.33 -130.95 105.12

Competitive Comparison of Jinzhou Yongshan Lithium Co's EBIT

For the Other Industrial Metals & Mining subindustry, Jinzhou Yongshan Lithium 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.


Jinzhou Yongshan Lithium Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jinzhou Yongshan Lithium Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jinzhou Yongshan Lithium Co's EV-to-EBIT falls into.



Jinzhou Yongshan Lithium 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 ¥-325 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.


Jinzhou Yongshan Lithium Co  (SHSE:603399) EBIT Explanation

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

Jinzhou Yongshan Lithium 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 )
=437.136 * ( 1 - 14.94% )/( (2245.623 + 2217.863)/ 2 )
=371.8278816/2231.743
=16.66 %

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))
=3915.237 - 592.693 - ( 1206.001 - max(0, 1378.893 - 2455.814+1206.001))
=2245.623

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))
=3971.208 - 655.218 - ( 1196.801 - max(0, 1362.611 - 2460.738+1196.801))
=2217.863

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

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

Jinzhou Yongshan Lithium 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 )
=420.472/( ( (1192.298 + max(40.6, 0)) + (1261.899 + max(-21.251, 0)) )/ 2 )
=420.472/( ( 1232.898 + 1261.899 )/ 2 )
=420.472/1247.3985
=33.71 %

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)
=(292.31 + 596.628 + 292.249) - (592.693 + 0 + 547.894)
=40.6

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(444.488 + 390.369 + 241.177) - (655.218 + 0 + 442.067)
=-21.251

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:

Jinzhou Yongshan Lithium Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-325.287/2913.920
=-11.16 %

* 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.


Jinzhou Yongshan Lithium Co EBIT Related Terms

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Jinzhou Yongshan Lithium Co (SHSE:603399) Business Description

Traded in Other Exchanges
N/A
Address
Shuangmiao Farm, Dayouxiang, Linghai, Liaoning, CHN, 121209
Jinzhou Yongshan Lithium Co Ltd is engaged in the production, processing and sale of molybdenum furnace charges, molybdenum chemicals, molybdenum metals.
Executives
Lu Miao Li senior management
Li Li Director
Yang Feng Director
Li Yu Xi senior management
Zhang Zhi Quan senior management
Zhang Shao Qiang senior management
Xia Jiang Hong Director
Su Guang Quan senior management

Jinzhou Yongshan Lithium Co (SHSE:603399) Headlines

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