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Sinomine Resource Group Co (SZSE:002738) EBIT : ¥1,485 Mil (TTM As of Mar. 2024)


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What is Sinomine Resource Group Co EBIT?

Sinomine Resource Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥256 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,485 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinomine Resource Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 16.37%. Sinomine Resource Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinomine Resource Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.48%.


Sinomine Resource Group Co EBIT Historical Data

The historical data trend for Sinomine Resource 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.

Sinomine Resource Group Co EBIT Chart

Sinomine Resource 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 217.33 258.39 737.47 3,879.06 2,521.30

Sinomine Resource Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,292.78 489.95 638.17 100.40 256.26

Competitive Comparison of Sinomine Resource Group Co's EBIT

For the Other Industrial Metals & Mining subindustry, Sinomine Resource 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.


Sinomine Resource Group Co's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sinomine Resource Group Co's EV-to-EBIT falls into.



Sinomine Resource 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,485 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.


Sinomine Resource Group Co  (SZSE:002738) EBIT Explanation

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

Sinomine Resource Group Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1411.832 * ( 1 - -13.18% )/( (9293.976 + 10228.696)/ 2 )
=1597.9114576/9761.336
=16.37 %

where

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))
=15884.832 - 1179.614 - ( 5411.242 - max(0, 2292.666 - 8062.877+5411.242))
=9293.976

Invested Capital(Q: Mar. 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))
=15511.621 - 840.72 - ( 4442.205 - max(0, 1758.004 - 7521.801+4442.205))
=10228.696

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

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

Sinomine Resource Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1025.02/( ( (3004.43 + max(1178.816, 0)) + (3184.114 + max(1941.537, 0)) )/ 2 )
=1025.02/( ( 4183.246 + 5125.651 )/ 2 )
=1025.02/4654.4485
=22.02 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(373.637 + 1444.865 + 573.185) - (1179.614 + 0 + 33.257)
=1178.816

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(512.45 + 1721.179 + 608.562) - (840.72 + 0 + 59.934)
=1941.537

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Sinomine Resource Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1484.775/17516.805
=8.48 %

* 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.


Sinomine Resource Group Co EBIT Related Terms

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Sinomine Resource Group Co (SZSE:002738) Business Description

Traded in Other Exchanges
N/A
Address
11 Changchunqiao Road, Floor 5, Building A, Wanliuyicheng Plaza, Haidian District, Beijing, CHN, 100089
Sinomine Resource Group Co Ltd is a mineral exploration engineering technical service company. Its business is divided into various divisions such as Geological Exploration, Mining Investment, International Engineering, and Trading Business. Some of its project profile include Open Pit in Hopewell Chromite Project in Zimbabe, Caofeidian Project of Shougang Group, Sutong Bridge Large Diameter Pile Foundation Project, Backfill Station of Main Orebody of Chambishi Copper Mine Construction Project, and others.
Executives
Zhang Jin Wei Directors, Directors, and Executives
Wang Zhen Hua Executives
Jiang Yan Long Executives
Zhang Xue Shu Executives
Wang Ping Wei Directors, executives
Sun Mei Chun Director
Wei Yun Feng Director
Wang Fang Miao Director
Ou Xue Gang Director
Xiao Xiao Xia Directors, executives
Huang Ren Jing Securities Affairs Representative
Chen Hai Zhou Director
Liu Xin Guo Director
Lin Fen Supervisors
Fu Chao Yi Executives

Sinomine Resource Group Co (SZSE:002738) Headlines

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