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Xinjiang Hejin Holding Co (SZSE:000633) EBIT : ¥8.5 Mil (TTM As of Sep. 2024)


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What is Xinjiang Hejin Holding Co EBIT?

Xinjiang Hejin Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥0.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥8.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinjiang Hejin Holding Co's annualized ROC % for the quarter that ended in Sep. 2024 was 2.32%. Xinjiang Hejin Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinjiang Hejin Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.39%.


Xinjiang Hejin Holding Co EBIT Historical Data

The historical data trend for Xinjiang Hejin Holding 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 Hejin Holding Co EBIT Chart

Xinjiang Hejin Holding 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 -11.16 7.64 4.22 7.91 9.12

Xinjiang Hejin Holding 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 3.32 1.71 2.13 3.97 0.73

Competitive Comparison of Xinjiang Hejin Holding Co's EBIT

For the Metal Fabrication subindustry, Xinjiang Hejin Holding 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 Hejin Holding Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Hejin Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xinjiang Hejin Holding Co's EV-to-EBIT falls into.


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Xinjiang Hejin Holding 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 ¥8.5 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 Hejin Holding Co  (SZSE:000633) EBIT Explanation

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

Xinjiang Hejin Holding 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 )
=12.136 * ( 1 - 61.15% )/( (199.962 + 207.176)/ 2 )
=4.714836/203.569
=2.32 %

where

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

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

Xinjiang Hejin Holding 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 )
=2.936/( ( (80.33 + max(91.388, 0)) + (114.674 + max(71.641, 0)) )/ 2 )
=2.936/( ( 171.718 + 186.315 )/ 2 )
=2.936/179.0165
=1.64 %

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)
=(44.365 + 63.011 + 1.735) - (17.318 + 0 + 0.405)
=91.388

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.193 + 69.895 + 11.057) - (64.211 + 0 + 0.29300000000001)
=71.641

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:

Xinjiang Hejin Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=8.539/2195.615
=0.39 %

* 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 Hejin Holding Co EBIT Related Terms

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Xinjiang Hejin Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Hangzhou Avenue, Room 102, Electronic Industrial Park, Beijing Industrial Park, Xinjiang Uygur Autonomous Region, Hetian, CHN, 848099
Xinjiang Hejin Holding Co Ltd is engaged in the production and sales of nickel-based alloy materials. The company's main products are K-500, 718, R405, and other corrosion-resistant materials and welding materials, electric vacuum materials, electrical resistance materials, spark plug electrodes. Materials, temperature measuring materials, and other related products.
Executives
Wang Jia Fan Executives
Li You Long Supervisors
Jiang Jie Independent director
Feng Jian Supervisors
Zhang Yu Director
Wang Jing Jing Directors, executives
Qu Li Supervisors
Li Bai Xiao Director

Xinjiang Hejin Holding Co Headlines

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