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Tongguan Mines Construction Co of Tongling Nonferrous Metals Group (BJSE:920019) EBIT : ¥89 Mil (TTM As of Sep. 2024)


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What is Tongguan Mines Construction Co of Tongling Nonferrous Metals Group EBIT?

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's annualized ROC % for the quarter that ended in Sep. 2024 was 11.70%. Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.77%.


Tongguan Mines Construction Co of Tongling Nonferrous Metals Group EBIT Historical Data

The historical data trend for Tongguan Mines Construction Co of Tongling Nonferrous Metals Group'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.

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group EBIT Chart

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 79.98 55.03 61.89 96.46 84.77

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.99 23.14 24.08 28.00 13.78

Competitive Comparison of Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's EBIT

For the Other Industrial Metals & Mining subindustry, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group'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.


Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's EV-to-EBIT falls into.



Tongguan Mines Construction Co of Tongling Nonferrous Metals Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥89 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.


Tongguan Mines Construction Co of Tongling Nonferrous Metals Group  (BJSE:920019) EBIT Explanation

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

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=92.996 * ( 1 - 17.36% )/( (644.375 + 669.678)/ 2 )
=76.8518944/657.0265
=11.70 %

where

Invested Capital(Q: Jun. 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))
=1331.56 - 608.882 - ( 78.303 - max(0, 654.854 - 997.128+78.303))
=644.375

Invested Capital(Q: Sep. 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))
=1553.016 - 608.893 - ( 274.445 - max(0, 669.05 - 1192.709+274.445))
=669.678

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

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

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.104/( ( (278.695 + max(-63.399, 0)) + (312.765 + max(-113.782, 0)) )/ 2 )
=55.104/( ( 278.695 + 312.765 )/ 2 )
=55.104/295.73
=18.63 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(457.285 + 108.77 + 23.238) - (608.882 + 0 + 43.81)
=-63.399

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(408.612 + 121.166 + 14.303) - (608.893 + 0 + 48.97)
=-113.782

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=88.983/5016.539
=1.77 %

* 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.


Tongguan Mines Construction Co of Tongling Nonferrous Metals Group EBIT Related Terms

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Tongguan Mines Construction Co of Tongling Nonferrous Metals Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 3058, Qifeng Road, Tongguan District, Anhui Province, Tongling, CHN, 244000
Website
Tongguan Mines Construction Co Ltd of Tongling Nonferrous Metals Group provides integrated development services and related value-added services such as engineering construction, operation management, optimized design, and technology research and development to non-coal mines around the world.

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