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Xiamen Itg Group (SHSE:600755) EBIT : ¥2,060 Mil (TTM As of Sep. 2024)


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What is Xiamen Itg Group EBIT?

Xiamen Itg Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2,060 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Itg Group's annualized ROC % for the quarter that ended in Sep. 2024 was -0.19%. Xiamen Itg Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Itg Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.72%.


Xiamen Itg Group EBIT Historical Data

The historical data trend for Xiamen Itg Group'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 Itg Group EBIT Chart

Xiamen Itg Group 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 4,535.29 4,782.13 6,199.30 6,821.28 3,758.74

Xiamen Itg Group 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 546.97 373.82 896.15 861.26 -71.38

Competitive Comparison of Xiamen Itg Group's EBIT

For the Conglomerates subindustry, Xiamen Itg Group'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 Itg Group's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Xiamen Itg Group's EV-to-EBIT distribution charts can be found below:

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


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Xiamen Itg Group 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 ¥2,060 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 Itg Group  (SHSE:600755) EBIT Explanation

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

Xiamen Itg Group'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 )
=-237.564 * ( 1 - 46.64% )/( (73777.051 + 63042.451)/ 2 )
=-126.7641504/68409.751
=-0.19 %

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))
=130091.829 - 39404.121 - ( 16910.657 - max(0, 80512.125 - 102363.291+16910.657))
=73777.051

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))
=121612.583 - 38578.216 - ( 19991.916 - max(0, 71764.382 - 93511.37+19991.916))
=63042.451

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 Itg Group'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 )
=-285.512/( ( (11562.457 + max(18847.888, 0)) + (7514.319 + max(8942.833, 0)) )/ 2 )
=-285.512/( ( 30410.345 + 16457.152 )/ 2 )
=-285.512/23433.7485
=-1.22 %

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)
=(12630.692 + 38995.107 + 27702.845) - (39404.121 + 0 + 21076.635)
=18847.888

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13701.468 + 30027.181 + 23547.852) - (38578.216 + 0 + 19755.452)
=8942.833

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 Itg Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2059.845/21186.684
=9.72 %

* 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 Itg Group EBIT Related Terms

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Xiamen Itg Group Business Description

Traded in Other Exchanges
N/A
Address
Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004
Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.
Executives
Cai Ying Bin senior management
Fan Dan senior management
Gao Shao Yong Director
Wu Yun Xuan Directors, senior managers
Zhu Da Xin senior management
Wang Yong Qing senior management
Yu Li Jie senior management
Wang Xiao Feng senior management
Ceng Yuan senior management
Lu Zheng Jian senior management
Xu Xiao Xi Director
Bo Shu Ya senior management
Xu Qiu Qin Supervisors
Lin Chen Liang Director

Xiamen Itg Group Headlines

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