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Huaibei Mining Holdings Co (SHSE:600985) EBIT : ¥7,064 Mil (TTM As of Mar. 2024)


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What is Huaibei Mining Holdings Co EBIT?

Huaibei Mining Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,982 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥7,064 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huaibei Mining Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.89%. Huaibei Mining Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huaibei Mining Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.75%.


Huaibei Mining Holdings Co EBIT Historical Data

The historical data trend for Huaibei Mining Holdings 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.

Huaibei Mining Holdings Co EBIT Chart

Huaibei Mining Holdings 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 5,502.05 5,141.91 6,886.06 8,805.06 7,784.94

Huaibei Mining Holdings 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 2,702.53 1,727.29 1,721.04 1,634.08 1,982.00

Competitive Comparison of Huaibei Mining Holdings Co's EBIT

For the Specialty Chemicals subindustry, Huaibei Mining Holdings 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.


Huaibei Mining Holdings Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huaibei Mining Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Huaibei Mining Holdings Co's EV-to-EBIT falls into.



Huaibei Mining Holdings 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 ¥7,064 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.


Huaibei Mining Holdings Co  (SHSE:600985) EBIT Explanation

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

Huaibei Mining Holdings 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 )
=7807.012 * ( 1 - 14.69% )/( (74415.571 + 75388.67)/ 2 )
=6660.1619372/74902.1205
=8.89 %

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))
=86990.949 - 20938.893 - ( 8651.743 - max(0, 27328.79 - 18965.275+8651.743))
=74415.571

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))
=87210.047 - 19734.879 - ( 8105.229 - max(0, 26384.52 - 18471.018+8105.229))
=75388.67

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

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

Huaibei Mining Holdings 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 )
=7928.004/( ( (43675.905 + max(-17892.32, 0)) + (43717.291 + max(-16098.575, 0)) )/ 2 )
=7928.004/( ( 43675.905 + 43717.291 )/ 2 )
=7928.004/43696.598
=18.14 %

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)
=(2128.619 + 2899.61 + 1290.025) - (20938.893 + 0 + 3271.681)
=-17892.32

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2549.254 + 2637.63 + 1749.344) - (19734.879 + 0 + 3299.924)
=-16098.575

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:

Huaibei Mining Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=7064.409/51385.711
=13.75 %

* 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.


Huaibei Mining Holdings Co EBIT Related Terms

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Huaibei Mining Holdings Co (SHSE:600985) Business Description

Traded in Other Exchanges
N/A
Address
Dong Shan Road, Anhui Province, Huaibei, CHN, 235042
Huaibei Mining Holdings Co Ltd, formerly Anhui Leimingkehua Co Ltd is engaged in the manufacture and sales of civil explosive products. The company principally provides industrial explosives and detonators, contract mining and urban blasting. The company has a number of civilian explosive production bases, and its sales network covers 21 provinces and cities including Anhui, Jiangsu, Henan, Qinghai, Inner Mongolia and Fujian.

Huaibei Mining Holdings Co (SHSE:600985) Headlines

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