Zhengzhou Coal Industry & Electric Power Co (SHSE:600121) EBIT: ¥-677 Mil (TTM As of Mar. 2026)


SHSE:600121 Zhengzhou Coal Industry & Electric Power Co Ltd SHSE:600121
52 GF Score
Price ¥3.65
GF Value ¥3.19
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Zhengzhou Coal Industry & Electric Power Co EBIT?

Zhengzhou Coal Industry & Electric Power Co SHSE:600121 +1.39% 52 EBIT is ¥-677 Mil as of Mar. 2026. GuruFocus rates SHSE:600121 with a GF Score™ of 52/100 and a GF Value™ of ¥3.19 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Zhengzhou Coal Industry & Electric Power Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-121 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-677 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhengzhou Coal Industry & Electric Power Co's annualized ROC % for the quarter that ended in Mar. 2026 was -3.28%. Zhengzhou Coal Industry & Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhengzhou Coal Industry & Electric Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.81%.

Zhengzhou Coal Industry & Electric Power Co  (SHSE:600121) EBIT Explanation

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

Zhengzhou Coal Industry & Electric Power Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-405.128 * ( 1 - 0% )/( (12137.94 + 12546.641)/ 2 )
=-405.128/12342.2905
=-3.28 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=13110.531 - 6726.333 - ( 2642.377 - max(0, 9787.11 - 4033.368+2642.377))
=12137.94

Invested Capital(Q: Mar. 2026 )
=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))
=13611.813 - 6988.667 - ( 3020.944 - max(0, 10483.245 - 4559.75+3020.944))
=12546.641

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Zhengzhou Coal Industry & Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-484.04/( ( (7170.725 + max(-5549.372, 0)) + (6949.763 + max(-5704.101, 0)) )/ 2 )
=-484.04/( ( 7170.725 + 6949.763 )/ 2 )
=-484.04/7060.244
=-6.86 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1106.352 + 108.028 + 61.358) - (6726.333 + 0 + 98.777000000002)
=-5549.372

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1269.902 + 81.611 + 60.003) - (6988.667 + 0 + 126.95)
=-5704.101

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Zhengzhou Coal Industry & Electric Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-677.196/6266.379
=-10.81 %

* 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.

Zhengzhou Coal Industry & Electric Power Co EBIT Related Terms

Zhengzhou Coal Industry & Electric Power Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhengzhou Coal Industry & Electric Power 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.

Zhengzhou Coal Industry & Electric Power Co EBIT Chart

Zhengzhou Coal Industry & Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 399.85 698.31 554.34 687.19 -492.45

Zhengzhou Coal Industry & Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 63.73 -64.24 -61.93 -430.02 -121.01

Zhengzhou Coal Industry & Electric Power Co EBIT Competitor Comparison

For the Thermal Coal subindustry, Zhengzhou Coal Industry & Electric Power 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.

Zhengzhou Coal Industry & Electric Power Co EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Zhengzhou Coal Industry & Electric Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhengzhou Coal Industry & Electric Power Co's EV-to-EBIT falls into.


SHSE:600121
52GF Score
Zhengzhou Coal Industry & Electric Power Co Ltd SHSE:600121
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhengzhou Coal Industry & Electric Power 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-677 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ¥-677 Mil mean?
Zhengzhou Coal Industry & Electric Power Co (SHSE:600121) has a EBIT of ¥-677 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhengzhou Coal Industry & Electric Power Co.
Is Zhengzhou Coal Industry & Electric Power Co's EBIT too high?
Zhengzhou Coal Industry & Electric Power Co's current EBIT is ¥-677 Mil. Overall, Zhengzhou Coal Industry & Electric Power Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhengzhou Coal Industry & Electric Power Co's EBIT compare to competitors?
Zhengzhou Coal Industry & Electric Power Co's EBIT of ¥-677 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhengzhou Coal Industry & Electric Power Co. Zhengzhou Coal Industry & Electric Power Co's current EBIT is ¥-677 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengzhou Coal Industry & Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhengzhou Coal Industry & Electric Power Co (SHSE:600121) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.19, compared to a current price of ¥3.65 — trading 14.4% above its estimated fair value. The current EBIT is ¥-677 Mil. Zhengzhou Coal Industry & Electric Power Co's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Zhengzhou Coal Industry & Electric Power Co (SHSE:600121), the current EBIT is ¥-677 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhengzhou Coal Industry & Electric Power Co (SHSE:600121) Overvalued in 2026?

Based on GuruFocus' analysis, Zhengzhou Coal Industry & Electric Power Co stock appears to be overvalued. The current stock price of ¥3.65 is trading 14.4% above its estimated GF Value™ of ¥3.19. GuruFocus considers Zhengzhou Coal Industry & Electric Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:600121:

  • EBIT: ¥-677 Mil
  • GF Value™: ¥3.19 vs. price of ¥3.65 (14.4% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhengzhou Coal Industry & Electric Power Co Business Description

Address Number 188, Zhongyuan West Road, Zhengzhou, CHN, 450007
Zhengzhou Coal Industry & Electric Power Co Ltd is engaged in producing and selling coal in China. It offers lean coal and anthracite for use as industrial power coal. The company is also engaged in material marketing and supply, gas power generation, and rail transport businesses.
52GF Score

Get the complete analysis for SHSE:600121

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.65
Price
¥3.19
GF Value