GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xinjiang Zhongtai Chemical Co Ltd (SZSE:002092) » Definitions » EBIT

Xinjiang Zhongtai Chemical Co (SZSE:002092) EBIT : ¥-869 Mil (TTM As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Xinjiang Zhongtai Chemical Co EBIT?

Xinjiang Zhongtai Chemical Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥210 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-869 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinjiang Zhongtai Chemical Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.41%. Xinjiang Zhongtai Chemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinjiang Zhongtai Chemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.67%.


Xinjiang Zhongtai Chemical Co EBIT Historical Data

The historical data trend for Xinjiang Zhongtai Chemical 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 Zhongtai Chemical Co EBIT Chart

Xinjiang Zhongtai Chemical 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 1,759.18 1,320.96 4,942.76 2,565.38 -2,044.91

Xinjiang Zhongtai Chemical 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 -4.66 -1,312.29 13.84 220.02 209.79

Competitive Comparison of Xinjiang Zhongtai Chemical Co's EBIT

For the Chemicals subindustry, Xinjiang Zhongtai Chemical 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 Zhongtai Chemical Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinjiang Zhongtai Chemical Co's EV-to-EBIT distribution charts can be found below:

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



Xinjiang Zhongtai Chemical 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 ¥-869 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 Zhongtai Chemical Co  (SZSE:002092) EBIT Explanation

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

Xinjiang Zhongtai Chemical 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 )
=983.416 * ( 1 - -20.71% )/( (78939.082 + 89803.696)/ 2 )
=1187.0814536/84371.389
=1.41 %

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))
=72309.199 - 9522.607 - ( 5325.641 - max(0, 31041.322 - 14888.832+5325.641))
=78939.082

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))
=80432.312 - 10860.834 - ( 6674.043 - max(0, 35673.351 - 15441.133+6674.043))
=89803.696

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 Zhongtai Chemical 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 )
=839.164/( ( (50971.715 + max(-12410.032, 0)) + (57280.231 + max(-14067.741, 0)) )/ 2 )
=839.164/( ( 50971.715 + 57280.231 )/ 2 )
=839.164/54125.973
=1.55 %

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)
=(1226.48 + 2709.172 + 1359.392) - (9522.607 + 0 + 8182.469)
=-12410.032

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(601.516 + 3343.121 + 1438.049) - (10860.834 + 0 + 8589.593)
=-14067.741

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 Zhongtai Chemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-868.64/32473.696
=-2.67 %

* 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 Zhongtai Chemical Co EBIT Related Terms

Thank you for viewing the detailed overview of Xinjiang Zhongtai Chemical Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinjiang Zhongtai Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Yangcheng Lake Road, Urumqi Economic and Technological Development Zone, Toutunhe, CHN, 830026
Xinjiang Zhongtai Chemical Co Ltd is a large integrated chemical manufacturing company. It produces chlor-alkali, crude salt, calcium carbide, and coke products. Its primary geographic markets are Xinjiang, East China and the Southern part of China. The company also exports its products to Russia, South Asia such as India, Vietnam, Pakistan, South America and Africa.
Executives
Zhao Yong Lu Supervisors
Wang Ya Ling Executives
Liang Bin Director
Lei Xia Executives
Feng Zhao Hai Supervisors
Hao Zhen Yu Independent director
Ma Jiang Feng Executives
Tang Xiang Jun Supervisors
Peng Jiang Ling Executives
Zhang Qun Rong Executives
Fan Xue Feng Executives
Lou Gang Director
Zhang Su Quan Director
Liu Wen Xian Executives
Zheng Xin Zhou Directors, executives

Xinjiang Zhongtai Chemical Co Headlines

No Headlines