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Shandong Yulong Gold Co (SHSE:601028) EBIT : ¥724 Mil (TTM As of Sep. 2024)


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What is Shandong Yulong Gold Co EBIT?

Shandong Yulong Gold Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥166 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥724 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Yulong Gold Co's annualized ROC % for the quarter that ended in Sep. 2024 was 5.88%. Shandong Yulong Gold Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Yulong Gold Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.42%.


Shandong Yulong Gold Co EBIT Historical Data

The historical data trend for Shandong Yulong Gold 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.

Shandong Yulong Gold Co EBIT Chart

Shandong Yulong Gold 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 0.70 120.51 380.00 397.14 700.40

Shandong Yulong Gold 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 157.81 137.83 191.06 229.21 165.90

Competitive Comparison of Shandong Yulong Gold Co's EBIT

For the Steel subindustry, Shandong Yulong Gold 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.


Shandong Yulong Gold Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Yulong Gold Co's EV-to-EBIT distribution charts can be found below:

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


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Shandong Yulong Gold 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 ¥724 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.


Shandong Yulong Gold Co  (SHSE:601028) EBIT Explanation

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

Shandong Yulong Gold 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 )
=800.648 * ( 1 - 58.71% )/( (5770.184 + 5477.971)/ 2 )
=330.5875592/5624.0775
=5.88 %

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))
=9737.124 - 3549.737 - ( 417.203 - max(0, 5399.846 - 7973.037+417.203))
=5770.184

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))
=9846.171 - 3840.853 - ( 527.347 - max(0, 5477.066 - 8029.256+527.347))
=5477.971

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

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

Shandong Yulong Gold 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 )
=663.604/( ( (687.88 + max(3283.092, 0)) + (334.631 + max(2977.368, 0)) )/ 2 )
=663.604/( ( 3970.972 + 3311.999 )/ 2 )
=663.604/3641.4855
=18.22 %

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)
=(3618.2 + 75.31 + 3750.18) - (3549.737 + 0 + 610.861)
=3283.092

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3565.473 + 72.546 + 3686.796) - (3840.853 + 0 + 506.594)
=2977.368

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=723.994/11276.360
=6.42 %

* 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.


Shandong Yulong Gold Co EBIT Related Terms

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Shandong Yulong Gold Co Business Description

Traded in Other Exchanges
N/A
Address
No.15 Yulong road, Yuqi Town, Wuxi, CHN, 214183
Shandong Yulong Gold Co Ltd, formerly Jiangsu Yulong Steel Pipe Co Ltd is a China-based company primarily engaged in the business of steel pipes. The company's products include SAWH steel pipes, high-frequency longitudinal resistance welded pipes, rectangular steel pipes, 3PP/3PE/FBE anticorrosive pipes, corrosion steel pipes, and alloy-steel pipes. The products are widely used in the area of petroleum, petrochemical, natural gas, shale gas, pulp, water transportation and large steel structure. Geographically, the activities are carried out through China, however, its holds presence in both Chinese and international market.
Executives
Lu Fen Qi Directors, senior managers
Liang Hai Tao senior management
Liu Feng Yu senior management
Wang Zhen Dong senior management
Gao Feng senior management
Meng Lu Sheng Supervisors
Yan Bing Chao senior management
Zhang Peng Director
Niu Lei Director
Li Zhen Chuan Director
Wang Jian Ping Director
Lv Yan Qing senior management
Tang Ke Jun Director
Tang Yong Qing Director
Yao Guang Li senior management

Shandong Yulong Gold Co Headlines

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