Zhongjin Gold (SHSE:600489) EV-to-EBIT: 13.02 (As of Sep. 04, 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600489 Zhongjin Gold Corp Ltd SHSE:600489
86 GF Score
Price ¥25.60
GF Value ¥21.47
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Zhongjin Gold EV-to-EBIT?

Zhongjin Gold SHSE:600489 -0.35% 86 EV-to-EBIT is 13.02 as of Sep. 04, 2026, which is 25% below its 10-year median of 17.30. GuruFocus rates SHSE:600489 with a GF Score™ of 86/100 and a GF Value™ of ¥21.47 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 671 Metals & Mining companies, Zhongjin Gold ranks worse than 52.01% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhongjin Gold's Enterprise Value is ¥133,697 Mil. Zhongjin Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ¥10,268 Mil. Therefore, Zhongjin Gold's EV-to-EBIT for today is 13.02.

The historical rank and industry rank for Zhongjin Gold's EV-to-EBIT or its related term are showing as below:

SHSE:600489' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.85   Med: 17.3   Max: 56.54
Current: 12.51

During the past 13 years, the highest EV-to-EBIT of Zhongjin Gold was 56.54. The lowest was 9.85. And the median was 17.30.

SHSE:600489's EV-to-EBIT is ranked worse than
52.01% of 671 companies
in the Metals & Mining industry
Industry Median: 11.98 vs SHSE:600489: 12.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhongjin Gold's Enterprise Value for the quarter that ended in Jun. 2026 was ¥96,663 Mil. Zhongjin Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ¥10,268 Mil. Zhongjin Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.62%.


Zhongjin Gold  (SHSE:600489) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Zhongjin Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=10268.353/96663.28965
=10.62 %

Zhongjin Gold's Enterprise Value for the quarter that ended in Jun. 2026 was ¥96,663 Mil.
Zhongjin Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥10,268 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.


Zhongjin Gold EV-to-EBIT Related Terms


Zhongjin Gold EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Zhongjin Gold's EV-to-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.

Zhongjin Gold EV-to-EBIT Chart

Zhongjin Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.86 16.23 12.36 12.24 15.75

Zhongjin Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 11.94 16.73 15.75 14.61 9.41

SHSE:600489 vs NEM, AU, RGLD: EV-to-EBIT Comparison

For the Gold subindustry, Zhongjin Gold'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.


Zhongjin Gold EV-to-EBIT vs Metals & Mining Industry

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

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


SHSE:600489
86GF Score
Zhongjin Gold Corp Ltd SHSE:600489
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhongjin Gold EV-to-EBIT Calculation

Zhongjin Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=133696.749/10268.353
=13.02

Zhongjin Gold's current Enterprise Value is ¥133,697 Mil.
Zhongjin Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥10,268 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 EV-to-EBIT →
What does a EV-to-EBIT of 13.02 mean?
Zhongjin Gold (SHSE:600489) has a EV-to-EBIT of 13.02 as of Sep. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhongjin Gold and its competitors. This is 25% below median its historical median of 17.30. Over the past decade, Zhongjin Gold's EV-to-EBIT has ranged from 9.85 to 56.54. According to the industry distribution chart, Zhongjin Gold ranks #349 out of 671 companies in the Metals & Mining industry, placing it in the top 52%.
Is Zhongjin Gold's EV-to-EBIT too high?
Zhongjin Gold's current EV-to-EBIT of 13.02 is 25% below median its 10-year median of 17.30. Over the past 10 years, this metric has ranged from a low of 9.85 to a high of 56.54. The Metals & Mining industry median EV-to-EBIT is 11.98. Zhongjin Gold's value of 13.02 is 8.7% above this industry median. Based on the distribution chart, Zhongjin Gold ranks #349 out of 671 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Zhongjin Gold has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhongjin Gold ranks #349 out of 671 companies for EV-to-EBIT. This places Zhongjin Gold in the lower half of its industry. The industry median EV-to-EBIT is 11.98. Zhongjin Gold's value of 13.02 is 8.7% above this benchmark. Historically, Zhongjin Gold's own EV-to-EBIT has ranged from 9.85 to 56.54 over the past decade. While the company's 10-year median is 17.30 vs. the industry median of 11.98, Zhongjin Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 11.98, based on 671 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhongjin Gold's current EV-to-EBIT of 13.02 is 8.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhongjin Gold and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongjin Gold's current EV-to-EBIT is 13.02, which is 25% below median its own 10-year median of 17.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥21.47, compared to a current price of ¥25.60 — trading 19.2% above its estimated fair value. The current EV-to-EBIT is 13.02, which is 25% below median its 10-year median of 17.30 and 8.7% above the Metals & Mining industry median of 11.98. Zhongjin Gold's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Zhongjin Gold (SHSE:600489), the current EV-to-EBIT is 13.02 as of Sep. 04, 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongjin Gold stock appears to be overvalued. The current stock price of ¥25.60 is trading 19.2% above its estimated GF Value™ of ¥21.47. GuruFocus considers Zhongjin Gold to be Modestly Overvalued.

Key valuation signals for SHSE:600489:

  • EV-to-EBIT: 13.02 (25% below median its 10-year median of 17.30)
  • GF Value™: ¥21.47 vs. price of ¥25.60 (19.2% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 8.7% above the Metals & Mining median (#349 of 671)

No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongjin Gold Business Description

Address No. 9 Andingmenwai Street, Dongcheng District, Beijing, CHN, 100011
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
86GF Score

Get the complete analysis for SHSE:600489

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

¥25.60
Price
¥21.47
GF Value