Zhongjin Gold (SHSE:600489) EBIT: ¥9,738 Mil (TTM As of Mar. 2026)


SHSE:600489 Zhongjin Gold Corp Ltd SHSE:600489
88 GF Score
Price ¥20.34
GF Value ¥21.24
Valuation Fairly Valued
! 1 Warning Sign
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What is Zhongjin Gold EBIT?

Zhongjin Gold SHSE:600489 +1.95% 88 EBIT is ¥9,738 Mil as of Mar. 2026. GuruFocus rates SHSE:600489 with a GF Score™ of 88/100 and a GF Value™ of ¥21.24 (Fairly Valued). The stock has 1 warning sign investors should review.

Zhongjin Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥3,656 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥9,738 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhongjin Gold's annualized ROC % for the quarter that ended in Mar. 2026 was 22.77%. Zhongjin Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhongjin Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.74%.


Zhongjin Gold  (SHSE:600489) EBIT Explanation

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

Zhongjin Gold'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 )
=14321.196 * ( 1 - 19.67% )/( (49043.127 + 52016.316)/ 2 )
=11504.2167468/50529.7215
=22.77 %

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))
=62550.961 - 5916.677 - ( 14557.575 - max(0, 20949.874 - 28541.031+14557.575))
=49043.127

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))
=69751.929 - 6087.349 - ( 15314.843 - max(0, 24215.509 - 35863.773+15314.843))
=52016.316

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

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

Zhongjin Gold'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 )
=14624.892/( ( (25975.072 + max(6452.731, 0)) + (18041.425 + max(12749.415, 0)) )/ 2 )
=14624.892/( ( 32427.803 + 30790.84 )/ 2 )
=14624.892/31609.3215
=46.27 %

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)
=(33.956 + 12345.934 + 1207.809) - (5916.677 + 0 + 1218.291)
=6452.731

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(194.388 + 17225.741 + 2483.367) - (6087.349 + 0 + 1066.732)
=12749.415

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:

Zhongjin Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9738.347/111404.009
=8.74 %

* 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.


Zhongjin Gold EBIT Related Terms


Zhongjin Gold EBIT Historical Data

* Premium members only.

The historical data trend for Zhongjin Gold'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.

Zhongjin Gold EBIT Chart

Zhongjin Gold 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 3,077.79 3,290.16 4,867.07 5,569.70 7,757.13

Zhongjin Gold 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 1,675.01 2,604.76 1,645.31 1,832.05 3,656.22

SHSE:600489 vs NEM, AU, RGLD: EBIT Comparison

For the Gold subindustry, Zhongjin Gold'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.


Zhongjin Gold EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Zhongjin Gold's EV-to-EBIT falls into.


SHSE:600489
88GF Score
Zhongjin Gold Corp Ltd SHSE:600489
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongjin Gold 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 ¥9,738 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 ¥9,738 Mil mean?
Zhongjin Gold (SHSE:600489) has a EBIT of ¥9,738 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhongjin Gold.
Is Zhongjin Gold's EBIT too high?
Zhongjin Gold's current EBIT is ¥9,738 Mil. Overall, Zhongjin Gold has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's EBIT compare to NEM and AU?
Zhongjin Gold's EBIT of ¥9,738 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Zhongjin Gold. Zhongjin Gold's current EBIT is ¥9,738 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.24, compared to a current price of ¥20.34 — trading 4.2% below its estimated fair value. The current EBIT is ¥9,738 Mil. Zhongjin Gold's overall GF Score™ is 88/100 with 1 warning sign 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 Zhongjin Gold (SHSE:600489), the current EBIT is ¥9,738 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongjin Gold stock appears to be undervalued. The current stock price of ¥20.34 is trading 4.2% below its estimated GF Value™ of ¥21.24. GuruFocus considers Zhongjin Gold to be Fairly Valued.

Key valuation signals for SHSE:600489:

  • EBIT: ¥9,738 Mil
  • GF Value™: ¥21.24 vs. price of ¥20.34 (4.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongjin Gold Business Description

Address No. 9 Andingmenwai Street, Dongcheng District, Beijing, CHN, 100011
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
88GF Score

Get the complete analysis for SHSE:600489

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

¥20.34
Price
¥21.24
GF Value