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Shandong Nanshan Aluminum Co (SHSE:600219) EBIT : ¥6,833 Mil (TTM As of Dec. 2024)


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What is Shandong Nanshan Aluminum Co EBIT?

Shandong Nanshan Aluminum Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥2,170 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥6,833 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Nanshan Aluminum Co's annualized ROC % for the quarter that ended in Dec. 2024 was 17.63%. Shandong Nanshan Aluminum Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 28.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Nanshan Aluminum Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 27.73%.


Shandong Nanshan Aluminum Co EBIT Historical Data

The historical data trend for Shandong Nanshan Aluminum 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.

Shandong Nanshan Aluminum Co EBIT Chart

Shandong Nanshan Aluminum Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,915.86 4,411.50 4,546.46 4,665.95 6,833.31

Shandong Nanshan Aluminum Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,817.05 1,190.68 1,768.60 1,704.49 2,169.53

Competitive Comparison of Shandong Nanshan Aluminum Co's EBIT

For the Aluminum subindustry, Shandong Nanshan Aluminum 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.


Shandong Nanshan Aluminum Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Nanshan Aluminum Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Nanshan Aluminum Co's EV-to-EBIT falls into.


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Shandong Nanshan Aluminum 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6,833 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.


Shandong Nanshan Aluminum Co  (SHSE:600219) EBIT Explanation

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

Shandong Nanshan Aluminum Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=8780.976 * ( 1 - 21.47% )/( (39250.796 + 38969.614)/ 2 )
=6895.7004528/39110.205
=17.63 %

where

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))
=68982.531 - 5132.778 - ( 24598.957 - max(0, 12301.339 - 38891.362+24598.957))
=39250.796

Invested Capital(Q: Dec. 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))
=70263.962 - 5631.986 - ( 25662.362 - max(0, 13045.205 - 39682.775+25662.362))
=38969.614

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

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

Shandong Nanshan Aluminum Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8678.12/( ( (25406.155 + max(5226.317, 0)) + (25706.281 + max(4192.445, 0)) )/ 2 )
=8678.12/( ( 30632.472 + 29898.726 )/ 2 )
=8678.12/30265.599
=28.67 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4407.619 + 6290.423 + 1879.952) - (5132.778 + 0 + 2218.899)
=5226.317

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4104.123 + 6470.014 + 1146.826) - (5631.986 + 0 + 1896.532)
=4192.445

When net working capital is negative, 0 is used.

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

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

Shandong Nanshan Aluminum Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=6833.306/24646.244
=27.73 %

* 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.


Shandong Nanshan Aluminum Co EBIT Related Terms

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Shandong Nanshan Aluminum Co Business Description

Traded in Other Exchanges
N/A
Address
Qiansong Village, Dongjiang Town, Shandong Province, Longkou, CHN, 265706
Shandong Nanshan Aluminum Co Ltd is engaged in the production and distribution of aluminum products. It offers aluminum profiles, high-precision aluminum plates, strips, foils, and other products. The products of the company are sold in China and overseas markets including North America, Europe, Africa, Australia, and Southeast Asia.
Executives
Song Jian Bo Director
Han Pei Bin Supervisors
Han Yan Hong senior management
Cheng Ren Ce Director

Shandong Nanshan Aluminum Co Headlines

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