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Henan Shenhuo Coal & Power Co (SZSE:000933) EBIT : ¥7,904 Mil (TTM As of Mar. 2024)


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What is Henan Shenhuo Coal & Power Co EBIT?

Henan Shenhuo Coal & Power Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,537 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥7,904 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Henan Shenhuo Coal & Power Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.28%. Henan Shenhuo Coal & Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Henan Shenhuo Coal & Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.82%.


Henan Shenhuo Coal & Power Co EBIT Historical Data

The historical data trend for Henan Shenhuo Coal & Power 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.

Henan Shenhuo Coal & Power Co EBIT Chart

Henan Shenhuo Coal & Power 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 2,729.56 2,315.82 6,501.46 11,616.08 8,672.83

Henan Shenhuo Coal & Power 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 2,306.33 1,992.18 2,252.11 2,122.21 1,537.43

Competitive Comparison of Henan Shenhuo Coal & Power Co's EBIT

For the Thermal Coal subindustry, Henan Shenhuo Coal & Power 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.


Henan Shenhuo Coal & Power Co's EV-to-EBIT Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where Henan Shenhuo Coal & Power Co's EV-to-EBIT falls into.



Henan Shenhuo Coal & Power 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 ¥7,904 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.


Henan Shenhuo Coal & Power Co  (SZSE:000933) EBIT Explanation

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

Henan Shenhuo Coal & Power 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 )
=5656.248 * ( 1 - 19.36% )/( (55135.8 + 55083.644)/ 2 )
=4561.1983872/55109.722
=8.28 %

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))
=57857.614 - 10299.497 - ( 13322.549 - max(0, 27029.318 - 19451.635+13322.549))
=55135.8

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))
=59430.913 - 10330.703 - ( 14423.517 - max(0, 26556.464 - 20573.03+14423.517))
=55083.644

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

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

Henan Shenhuo Coal & Power 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 )
=6149.724/( ( (23844.73 + max(-5521.112, 0)) + (23739.463 + max(-5300.566, 0)) )/ 2 )
=6149.724/( ( 23844.73 + 23739.463 )/ 2 )
=6149.724/23792.0965
=25.85 %

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)
=(739.332 + 3052.775 + 1503.491) - (10299.497 + 0 + 517.213)
=-5521.112

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(534.486 + 3133.657 + 1743.768) - (10330.703 + 0 + 381.774)
=-5300.566

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:

Henan Shenhuo Coal & Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=7903.937/61651.560
=12.82 %

* 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.


Henan Shenhuo Coal & Power Co EBIT Related Terms

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Henan Shenhuo Coal & Power Co (SZSE:000933) Business Description

Traded in Other Exchanges
N/A
Address
17 Guangming Road, Dongcheng District, Henan Province, Yongcheng, CHN, 476600
Henan Shenhuo Coal & Power Co Ltd is a China-based company engaged in the manufacture, processing, and sale of coal, power generation, electrolytic aluminum and deep processing of products. Its products include coal products, aluminum smelting products, aluminum processing products and mechanical processing products.
Executives
Li Hong Wei Secretary, Director
Cheng Le Tuan Executives
Li Ai Qi Executives
Yan Yi Ming Independent director
Wang Hong Tao Executives
Wang Dong Hua Executives
Zhao Qi Director
Zhou Hong Jun Director
Li Chong Director
Chen Jing Xin Supervisors

Henan Shenhuo Coal & Power Co (SZSE:000933) Headlines

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