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Yunnan Chihong Zinc & Germanium Co (SHSE:600497) EBIT : ¥1,641 Mil (TTM As of Mar. 2024)


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What is Yunnan Chihong Zinc & Germanium Co EBIT?

Yunnan Chihong Zinc & Germanium Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥589 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,641 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yunnan Chihong Zinc & Germanium Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.66%. Yunnan Chihong Zinc & Germanium Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yunnan Chihong Zinc & Germanium Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.87%.


Yunnan Chihong Zinc & Germanium Co EBIT Historical Data

The historical data trend for Yunnan Chihong Zinc & Germanium 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.

Yunnan Chihong Zinc & Germanium Co EBIT Chart

Yunnan Chihong Zinc & Germanium 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 1,586.51 651.37 1,139.19 873.89 1,823.71

Yunnan Chihong Zinc & Germanium Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 771.68 539.48 681.57 -169.02 589.24

Competitive Comparison of Yunnan Chihong Zinc & Germanium Co's EBIT

For the Other Industrial Metals & Mining subindustry, Yunnan Chihong Zinc & Germanium 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.


Yunnan Chihong Zinc & Germanium Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yunnan Chihong Zinc & Germanium Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yunnan Chihong Zinc & Germanium Co's EV-to-EBIT falls into.



Yunnan Chihong Zinc & Germanium 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,641 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.


Yunnan Chihong Zinc & Germanium Co  (SHSE:600497) EBIT Explanation

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

Yunnan Chihong Zinc & Germanium Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2303.36 * ( 1 - 15.14% )/( (25186.656 + 25849.387)/ 2 )
=1954.631296/25518.0215
=7.66 %

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))
=26567.302 - 2136.917 - ( 1464.442 - max(0, 4198.4 - 3442.129+1464.442))
=25186.656

Invested Capital(Q: Mar. 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))
=27259.111 - 2310.513 - ( 1301.001 - max(0, 4492.748 - 3591.959+1301.001))
=25849.387

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

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

Yunnan Chihong Zinc & Germanium Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2356.976/( ( (10964.518 + max(-296.445, 0)) + (11122.365 + max(-247.328, 0)) )/ 2 )
=2356.976/( ( 10964.518 + 11122.365 )/ 2 )
=2356.976/11043.4415
=21.34 %

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)
=(155.544 + 1600.621 + 179.715) - (2136.917 + 0 + 95.407999999999)
=-296.445

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(204.008 + 1611.135 + 371.951) - (2310.513 + 0 + 123.909)
=-247.328

When net working capital is negative, 0 is used.

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

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

Yunnan Chihong Zinc & Germanium Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1641.279/33675.444
=4.87 %

* 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.


Yunnan Chihong Zinc & Germanium Co EBIT Related Terms

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Yunnan Chihong Zinc & Germanium Co (SHSE:600497) Business Description

Traded in Other Exchanges
N/A
Address
Xuefu Road, Qujing Economic and Technological Development Zone, Yunnan Province, Qujing, CHN, 655011
Yunnan Chihong Zinc & Germanium Co Ltd is a China-based company engaged in the beneficiation and smelting of non-ferrous metals. The company's main products include zinc products, lead products, sulfuric acid, silver ingots, sulfur concentrates, gold, lead concentrates, zinc concentrates, coal, electrolytic copper products, germanium concentrates, copper concentrates and electrolytic nickel products.

Yunnan Chihong Zinc & Germanium Co (SHSE:600497) Headlines

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