Shandong Gold Mining Co (STU:188H) EBIT: €1,523 Mil (TTM As of Mar. 2026)

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STU:188H Shandong Gold Mining Co Ltd STU:188H
75 GF Score
Price €1.87
GF Value €3.45
Valuation Possible Value Trap
! 3 Warning Signs
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What is Shandong Gold Mining Co EBIT?

Shandong Gold Mining Co STU:188H +0.26% 75 EBIT is €1,523 Mil as of Mar. 2026. GuruFocus rates STU:188H with a GF Score™ of 75/100 and a GF Value™ of €3.45 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shandong Gold Mining Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €510 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,523 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Gold Mining Co's annualized ROC % for the quarter that ended in Mar. 2026 was 6.51%. Shandong Gold Mining Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Gold Mining Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.04%.


Shandong Gold Mining Co  (STU:188H) EBIT Explanation

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

Shandong Gold Mining Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2113.8 * ( 1 - 32.65% )/( (21504.382 + 22205.632)/ 2 )
=1423.6443/21855.007
=6.51 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=20658.157 - 3786.957 - ( 2435.289 - max(0, 8739.692 - 4106.51+2435.289))
=21504.382

Invested Capital(Q: Mar. 2026 )
=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))
=22253.881 - 4342.781 - ( 2912.069 - max(0, 9528.42 - 5233.888+2912.069))
=22205.632

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Shandong Gold Mining Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2039.22/( ( (13548.208 + max(-2863.681, 0)) + (8394.353 + max(-3148.764, 0)) )/ 2 )
=2039.22/( ( 13548.208 + 8394.353 )/ 2 )
=2039.22/10971.2805
=18.59 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.685 + 837.165 + 156.521) - (3786.957 + 0 + 116.095)
=-2863.681

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.468 + 989.712 + 288.67) - (4342.781 + 0 + 184.833)
=-3148.764

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1523.25/21637.634
=7.04 %

* 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 Gold Mining Co EBIT Related Terms


Shandong Gold Mining Co EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Gold Mining 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.

Shandong Gold Mining Co EBIT Chart

Shandong Gold Mining Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.80 413.98 659.01 1,017.43 1,336.14

Shandong Gold Mining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 333.01 460.71 313.14 239.60 509.81

STU:188H vs NEM, AU, RGLD: EBIT Comparison

For the Gold subindustry, Shandong Gold Mining 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 Gold Mining Co EV-to-EBIT vs Metals & Mining Industry

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

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


STU:188H
75GF Score
Shandong Gold Mining Co Ltd STU:188H
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Gold Mining 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,523 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €1,523 Mil mean?
Shandong Gold Mining Co (STU:188H) has a EBIT of €1,523 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Gold Mining Co.
Is Shandong Gold Mining Co's EBIT too high?
Shandong Gold Mining Co's current EBIT is €1,523 Mil. Overall, Shandong Gold Mining Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's EBIT compare to NEM and AU?
Shandong Gold Mining Co's EBIT of €1,523 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Gold Mining Co. Shandong Gold Mining Co's current EBIT is €1,523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (STU:188H) is currently considered Possible Value Trap. The stock's GF Value™ is €3.45, compared to a current price of €1.87 — trading 45.9% below its estimated fair value. The current EBIT is €1,523 Mil. Shandong Gold Mining Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Shandong Gold Mining Co (STU:188H), the current EBIT is €1,523 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shandong Gold Mining Co (STU:188H) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued. The current stock price of €1.87 is trading 45.9% below its estimated GF Value™ of €3.45. GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.

Key valuation signals for STU:188H:

  • EBIT: €1,523 Mil
  • GF Value™: €3.45 vs. price of €1.87 (45.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the STU:188H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Gold Mining Co Business Description

Other Exchanges 01787:Hong Kong600547:China
Address No. 2503, Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250100
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
75GF Score

Get the complete analysis for STU:188H

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.87
Price
€3.45
GF Value