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China Risun Group (FRA:45Y) EBIT : €246 Mil (TTM As of Jun. 2024)


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What is China Risun Group EBIT?

China Risun Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €246 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Risun Group's annualized ROC % for the quarter that ended in Jun. 2024 was 1.99%. China Risun Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Risun Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.00%.


China Risun Group EBIT Historical Data

The historical data trend for China Risun 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.

China Risun Group EBIT Chart

China Risun Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 275.24 312.08 570.13 433.39 260.90

China Risun Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 362.34 86.16 125.61 135.74 110.14

Competitive Comparison of China Risun Group's EBIT

For the Chemicals subindustry, China Risun 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.


China Risun Group's EV-to-EBIT Distribution in the Chemicals Industry

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

* The bar in red indicates where China Risun Group's EV-to-EBIT falls into.



China Risun 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €246 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.


China Risun Group  (FRA:45Y) EBIT Explanation

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

China Risun Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=183.48 * ( 1 - 20.22% )/( (7278.883 + 7438.907)/ 2 )
=146.380344/7358.895
=1.99 %

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))
=6914.07 - 1281.838 - ( 160.473 - max(0, 3847.109 - 2200.458+160.473))
=7278.883

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))
=7663.384 - 1507.698 - ( 489.171 - max(0, 4279.504 - 2996.283+489.171))
=7438.907

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

China Risun Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=220.278/( ( (3739.112 + max(-37.525, 0)) + (3697.787 + max(132.857, 0)) )/ 2 )
=220.278/( ( 3739.112 + 3830.644 )/ 2 )
=220.278/3784.878
=5.82 %

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)
=(64.725 + 437.432 + 1051.012) - (1281.838 + 0 + 308.856)
=-37.525

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109.621 + 386.366 + 1435.389) - (1507.698 + 0 + 290.821)
=132.857

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

China Risun Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=245.879/4919.988
=5.00 %

* 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.


China Risun Group EBIT Related Terms

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China Risun Group Business Description

Traded in Other Exchanges
Address
Sihezhuang No. 2 Road, Building 1, Risun Plaza, Huaxiang Town, Fengtai District, Beijing, CHN, 100070
China Risun Group Ltd is an integrated coke, coking chemical, and refined chemical producer and supplier in China. The company's business segments are Coke and Coking Chemicals, Refined Chemicals, Operation management, and Trading. It generates maximum revenue from the Refined Chemicals segment. It also produces coking chemical products mainly coal tar, coke oven gas, and crude benzene.

China Risun Group Headlines

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