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Zhongmin Energy Co (SHSE:600163) EBIT : ¥983 Mil (TTM As of Sep. 2024)


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What is Zhongmin Energy Co EBIT?

Zhongmin Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥983 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhongmin Energy Co's annualized ROC % for the quarter that ended in Sep. 2024 was 3.64%. Zhongmin Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhongmin Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.25%.


Zhongmin Energy Co EBIT Historical Data

The historical data trend for Zhongmin Energy 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.

Zhongmin Energy Co EBIT Chart

Zhongmin Energy 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 323.57 758.02 959.32 1,066.69 976.82

Zhongmin Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only 100.22 403.85 288.14 184.50 106.36

Competitive Comparison of Zhongmin Energy Co's EBIT

For the Utilities - Renewable subindustry, Zhongmin Energy 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.


Zhongmin Energy Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhongmin Energy Co's EV-to-EBIT falls into.


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Zhongmin Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥983 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.


Zhongmin Energy Co  (SHSE:600163) EBIT Explanation

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

Zhongmin Energy Co'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 )
=393.868 * ( 1 - 14.62% )/( (9300.617 + 9157.265)/ 2 )
=336.2844984/9228.941
=3.64 %

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))
=11609.597 - 894.878 - ( 1414.102 - max(0, 1643.741 - 4363.963+1414.102))
=9300.617

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))
=11403.041 - 877.248 - ( 1368.528 - max(0, 1650.759 - 4282.606+1368.528))
=9157.265

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

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

Zhongmin Energy Co'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 )
=425.428/( ( (6947.115 + max(2028.877, 0)) + (6825.512 + max(2021.32, 0)) )/ 2 )
=425.428/( ( 8975.992 + 8846.832 )/ 2 )
=425.428/8911.412
=4.77 %

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)
=(2805.552 + 41.617 + 76.585999999999) - (894.878 + 0 + 0)
=2028.877

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2781.973 + 37.541 + 79.054999999999) - (877.248 + 0 + 0.00099999999997635)
=2021.32

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:

Zhongmin Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=982.839/10622.380
=9.25 %

* 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.


Zhongmin Energy Co EBIT Related Terms

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Zhongmin Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
Executives
Tang Hui Director
Chen You Si Supervisors
Wen Tian Gen Supervisors
Huang Guo Ying Director
Wang Tian Shou Supervisors
Lin Xiao Bang Director
Tang Fu Min Director
Chen Shou Qin Director

Zhongmin Energy Co Headlines

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