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Jinchuan Group International Resources Co (FRA:GDZD) EBIT : €63.4 Mil (TTM As of Jun. 2024)


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What is Jinchuan Group International Resources Co EBIT?

Jinchuan Group International Resources Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €25.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €63.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jinchuan Group International Resources Co's annualized ROC % for the quarter that ended in Jun. 2024 was 1.64%. Jinchuan Group International Resources Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jinchuan Group International Resources Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.82%.


Jinchuan Group International Resources Co EBIT Historical Data

The historical data trend for Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co EBIT Chart

Jinchuan Group International Resources 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 22.03 64.39 255.12 65.87 36.71

Jinchuan Group International Resources Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.55 -33.48 -1.73 38.43 24.96

Competitive Comparison of Jinchuan Group International Resources Co's EBIT

For the Copper subindustry, Jinchuan Group International Resources 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.


Jinchuan Group International Resources Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jinchuan Group International Resources Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jinchuan Group International Resources Co's EV-to-EBIT falls into.



Jinchuan Group International Resources 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €63.4 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.


Jinchuan Group International Resources Co  (FRA:GDZD) EBIT Explanation

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

Jinchuan Group International Resources Co'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 )
=46.98 * ( 1 - 33.75% )/( (1829.364 + 1957.299)/ 2 )
=31.12425/1893.3315
=1.64 %

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))
=1990.24 - 144.973 - ( 80.573 - max(0, 232.247 - 248.15+80.573))
=1829.364

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))
=2132.986 - 169.752 - ( 101.245 - max(0, 287.206 - 293.141+101.245))
=1957.299

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:

Jinchuan Group International Resources Co'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 )
=49.912/( ( (1550.664 + max(-6.206, 0)) + (1587.404 + max(-13.01, 0)) )/ 2 )
=49.912/( ( 1550.664 + 1587.404 )/ 2 )
=49.912/1569.034
=3.18 %

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)
=(39.98 + 105.589 + 15.245) - (144.973 + 0 + 22.047)
=-6.206

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.639 + 121.403 + 10.313) - (169.752 + 0 + 24.613)
=-13.01

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:

Jinchuan Group International Resources Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=63.381/1089.313
=5.82 %

* 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.


Jinchuan Group International Resources Co EBIT Related Terms

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Jinchuan Group International Resources Co Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG
Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Jinchuan Group International Resources Co Headlines

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