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Xiamen Tungsten Co (SHSE:600549) EBIT : ¥3,652 Mil (TTM As of Sep. 2024)


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What is Xiamen Tungsten Co EBIT?

Xiamen Tungsten Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥813 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥3,652 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Tungsten Co's annualized ROC % for the quarter that ended in Sep. 2024 was 10.36%. Xiamen Tungsten Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Tungsten Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.81%.


Xiamen Tungsten Co EBIT Historical Data

The historical data trend for Xiamen Tungsten 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.

Xiamen Tungsten Co EBIT Chart

Xiamen Tungsten 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 939.36 1,419.31 2,314.15 2,984.71 3,374.75

Xiamen Tungsten 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 874.75 782.87 922.94 1,132.87 812.87

Competitive Comparison of Xiamen Tungsten Co's EBIT

For the Other Industrial Metals & Mining subindustry, Xiamen Tungsten 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.


Xiamen Tungsten Co's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Xiamen Tungsten 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 ¥3,652 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.


Xiamen Tungsten Co  (SHSE:600549) EBIT Explanation

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

Xiamen Tungsten 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 )
=3545.668 * ( 1 - 14.62% )/( (28898.719 + 29532.78)/ 2 )
=3027.2913384/29215.7495
=10.36 %

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))
=40675.642 - 7129.076 - ( 4647.847 - max(0, 13997.212 - 20352.134+4647.847))
=28898.719

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))
=41347.492 - 7830.753 - ( 3983.959 - max(0, 13721.767 - 20734.811+3983.959))
=29532.78

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

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

Xiamen Tungsten 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 )
=3251.492/( ( (14228.636 + max(6464.771, 0)) + (13912.902 + max(6194.268, 0)) )/ 2 )
=3251.492/( ( 20693.407 + 20107.17 )/ 2 )
=3251.492/20400.2885
=15.94 %

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)
=(5589.232 + 8049.059 + 703.016) - (7129.076 + 0 + 747.46)
=6464.771

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5662.124 + 8243.915 + 761.697) - (7830.753 + 0 + 642.715)
=6194.268

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3651.555/46777.835
=7.81 %

* 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.


Xiamen Tungsten Co EBIT Related Terms

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Xiamen Tungsten Co Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Zhanhong Road, Floor 21-22, Block A, Tefang Portman Fortune Center, Fujian Province, Xiamen, CHN, 361009
Xiamen Tungsten Co Ltd engages in the research, development, production and sale of tungsten concentrate, tungsten-molybdenum intermediate products, powder products, wire and plate materials, cemented carbide, cutting tools, various rare earth oxides, rare earth metals, rare earth luminescent materials, magnetic materials, hydrogen storage alloy powders, lithium battery materials and other new energy materials, as well as real estate development and management.
Executives
Xu Huo Yao senior management
Wu Gao Chao Directors, senior managers
Hong Chao E senior management
Zhong Ke Xiang senior management
Huang Zhang Geng Director
Zhong Bing Xian senior management
Zhou Yu Jun senior management
Xu Ji Song Supervisors

Xiamen Tungsten Co Headlines

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