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Xinjiang Xinxin Mining Industry Co (STU:33X1) EBIT : €31.9 Mil (TTM As of Dec. 2023)


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What is Xinjiang Xinxin Mining Industry Co EBIT?

Xinjiang Xinxin Mining Industry Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €31.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinjiang Xinxin Mining Industry Co's annualized ROC % for the quarter that ended in Dec. 2023 was 26.36%. Xinjiang Xinxin Mining Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinjiang Xinxin Mining Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.96%.


Xinjiang Xinxin Mining Industry Co EBIT Historical Data

The historical data trend for Xinjiang Xinxin Mining Industry 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.

Xinjiang Xinxin Mining Industry Co EBIT Chart

Xinjiang Xinxin Mining Industry 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 17.35 33.88 89.46 119.14 31.78

Xinjiang Xinxin Mining Industry Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 45.84 99.34 23.94 31.07 0.82

Competitive Comparison of Xinjiang Xinxin Mining Industry Co's EBIT

For the Other Industrial Metals & Mining subindustry, Xinjiang Xinxin Mining Industry 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.


Xinjiang Xinxin Mining Industry Co's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Xinjiang Xinxin Mining Industry Co's EV-to-EBIT falls into.



Xinjiang Xinxin Mining Industry 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €31.9 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.


Xinjiang Xinxin Mining Industry Co  (STU:33X1) EBIT Explanation

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

Xinjiang Xinxin Mining Industry Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=31.318 * ( 1 - -604.83% )/( (833.542 + 841.138)/ 2 )
=220.7386594/837.34
=26.36 %

where

Invested Capital(Q: Jun. 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))
=1023.074 - 96.777 - ( 92.755 - max(0, 167.491 - 313.14+92.755))
=833.542

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))
=1006.563 - 101.891 - ( 63.534 - max(0, 152.183 - 277.92+63.534))
=841.138

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Xinjiang Xinxin Mining Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.648/( ( (640.954 + max(114.472, 0)) + (659.309 + max(71.358, 0)) )/ 2 )
=1.648/( ( 755.426 + 730.667 )/ 2 )
=1.648/743.0465
=0.22 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.316 + 187.647 + 21.607) - (96.777 + 0 + 2.321)
=114.472

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.929 + 164.976 + 14.209) - (101.891 + 0 + 23.865)
=71.358

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Xinjiang Xinxin Mining Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=31.89/355.888
=8.96 %

* 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.


Xinjiang Xinxin Mining Industry Co EBIT Related Terms

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Xinjiang Xinxin Mining Industry Co (STU:33X1) Business Description

Traded in Other Exchanges
Address
Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN
Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.

Xinjiang Xinxin Mining Industry Co (STU:33X1) Headlines

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