GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Kings Resources Group Co Ltd (SHSE:603505) » Definitions » EBIT

China Kings Resources Group Co (SHSE:603505) EBIT : ¥492 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is China Kings Resources Group Co EBIT?

China Kings Resources Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥492 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Kings Resources Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 6.43%. China Kings Resources Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Kings Resources Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.79%.


China Kings Resources Group Co EBIT Historical Data

The historical data trend for China Kings Resources Group 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.

China Kings Resources Group Co EBIT Chart

China Kings Resources Group 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 314.29 316.00 323.90 308.18 490.44

China Kings Resources Group 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 178.17 132.16 77.35 159.25 123.64

Competitive Comparison of China Kings Resources Group Co's EBIT

For the Other Industrial Metals & Mining subindustry, China Kings Resources Group 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.


China Kings Resources Group Co's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where China Kings Resources Group Co's EV-to-EBIT falls into.


;
;

China Kings Resources Group 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 ¥492 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.


China Kings Resources Group Co  (SHSE:603505) EBIT Explanation

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

China Kings Resources Group 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 )
=393.868 * ( 1 - 12.56% )/( (5203.511 + 5507.71)/ 2 )
=344.3981792/5355.6105
=6.43 %

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))
=6293.374 - 1627.172 - ( 489.538 - max(0, 3047.501 - 2510.192+489.538))
=5203.511

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))
=6531.758 - 1588.587 - ( 425.08 - max(0, 3177.077 - 2612.538+425.08))
=5507.71

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

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

China Kings Resources Group 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 )
=494.56/( ( (3061.226 + max(-238.107, 0)) + (2719.136 + max(-246.391, 0)) )/ 2 )
=494.56/( ( 3061.226 + 2719.136 )/ 2 )
=494.56/2890.181
=17.11 %

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)
=(314.586 + 849.155 + 256.127) - (1627.172 + 0 + 30.803)
=-238.107

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(261.214 + 874.639 + 247.908) - (1588.587 + 0 + 41.565000000001)
=-246.391

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:

China Kings Resources Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=492.394/17632.173
=2.79 %

* 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.


China Kings Resources Group Co EBIT Related Terms

Thank you for viewing the detailed overview of China Kings Resources Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


China Kings Resources Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013
China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.
Executives
Su Bao Gang senior management
Cheng Hui Fang Director
Wang Jin Hua Director
Ying Li Ming Director
Dai Shui Jun senior management
Zhao Jian Ping Director
Xu Chun Bo senior management
Yang Jin senior management
Wang Zhong Yan Supervisors
Wu Ling Yi senior management
Song Ying Director
Wang Cheng Liang Director
Hu Xiang Ming senior management
Wang Fu Liang Director
Shen Le Ping Director

China Kings Resources Group Co Headlines

No Headlines