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Shaanxi Coal Industry Co (SHSE:601225) EBIT : ¥38,763 Mil (TTM As of Mar. 2024)


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What is Shaanxi Coal Industry Co EBIT?

Shaanxi Coal Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥9,315 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥38,763 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shaanxi Coal Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 21.45%. Shaanxi Coal Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 42.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shaanxi Coal Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.50%.


Shaanxi Coal Industry Co EBIT Historical Data

The historical data trend for Shaanxi Coal 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.

Shaanxi Coal Industry Co EBIT Chart

Shaanxi Coal 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 20,167.41 24,479.91 41,585.26 64,256.78 42,597.31

Shaanxi Coal Industry 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 13,149.40 9,677.48 9,101.47 10,668.96 9,314.68

Competitive Comparison of Shaanxi Coal Industry Co's EBIT

For the Thermal Coal subindustry, Shaanxi Coal 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.


Shaanxi Coal Industry Co's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Coal Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shaanxi Coal Industry Co's EV-to-EBIT falls into.



Shaanxi Coal 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥38,763 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.


Shaanxi Coal Industry Co  (SHSE:601225) EBIT Explanation

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

Shaanxi Coal Industry 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 )
=39083.532 * ( 1 - 13.82% )/( (155877.646 + 158225.258)/ 2 )
=33682.1878776/157051.452
=21.45 %

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))
=193901.834 - 28894.829 - ( 37995.195 - max(0, 41195.043 - 50324.402+37995.195))
=155877.646

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))
=201965.584 - 24523.033 - ( 43335.669 - max(0, 39888.882 - 59106.175+43335.669))
=158225.258

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

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

Shaanxi Coal Industry 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 )
=37258.724/( ( (89035.312 + max(-28303.012, 0)) + (87939.793 + max(-23984.452, 0)) )/ 2 )
=37258.724/( ( 89035.312 + 87939.793 )/ 2 )
=37258.724/88487.5525
=42.11 %

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)
=(2937.948 + 2405.021 + 5701.479) - (28894.829 + 0 + 10452.631)
=-28303.012

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2825.978 + 4434.927 + 7379.542) - (24523.033 + 0 + 14101.866)
=-23984.452

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:

Shaanxi Coal Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=38762.589/209481.440
=18.50 %

* 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.


Shaanxi Coal Industry Co EBIT Related Terms

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Shaanxi Coal Industry Co (SHSE:601225) Business Description

Traded in Other Exchanges
N/A
Address
Yanta District, Xi'an, Shaanxi Province, all the way to the 2nd Kam industry, Shaanxi Coal Chemical Group Building 19-22, Xi'an, CHN, 710065
Shaanxi Coal Industry Co Ltd is a China-based company, principally engaged in the mining, dressing by washing, transportation, and sales of coal. The company's coal products are mainly applied in power, chemical engineering, and metallurgy, among others. The company distributes its products mainly within domestic markets.

Shaanxi Coal Industry Co (SHSE:601225) Headlines

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