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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) EV-to-EBIT : 23.85 (As of May. 30, 2024)


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What is Zhejiang Tiantai Xianghe Industrial Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Tiantai Xianghe Industrial Co's Enterprise Value is ¥2,227.3 Mil. Zhejiang Tiantai Xianghe Industrial Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥93.4 Mil. Therefore, Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT for today is 23.85.

The historical rank and industry rank for Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT or its related term are showing as below:

SHSE:603500' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.14   Med: 26.34   Max: 75.89
Current: 23.85

During the past 11 years, the highest EV-to-EBIT of Zhejiang Tiantai Xianghe Industrial Co was 75.89. The lowest was -1.14. And the median was 26.34.

SHSE:603500's EV-to-EBIT is ranked worse than
80.61% of 851 companies
in the Transportation industry
Industry Median: 12.12 vs SHSE:603500: 23.85

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Tiantai Xianghe Industrial Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,377.2 Mil. Zhejiang Tiantai Xianghe Industrial Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥93.4 Mil. Zhejiang Tiantai Xianghe Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.93%.


Zhejiang Tiantai Xianghe Industrial Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Tiantai Xianghe Industrial Co'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.

* Premium members only.

Zhejiang Tiantai Xianghe Industrial Co EV-to-EBIT Chart

Zhejiang Tiantai Xianghe Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 26.46 26.31 30.09 29.59

Zhejiang Tiantai Xianghe Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.90 35.64 29.27 29.59 25.46

Competitive Comparison of Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT

For the Railroads subindustry, Zhejiang Tiantai Xianghe Industrial 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.


Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT falls into.



Zhejiang Tiantai Xianghe Industrial Co EV-to-EBIT Calculation

Zhejiang Tiantai Xianghe Industrial Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2227.334/93.386
=23.85

Zhejiang Tiantai Xianghe Industrial Co's current Enterprise Value is ¥2,227.3 Mil.
Zhejiang Tiantai Xianghe Industrial Co's 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 ¥93.4 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.


Zhejiang Tiantai Xianghe Industrial Co  (SHSE:603500) 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) %.

Zhejiang Tiantai Xianghe Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=93.386/2377.16285
=3.93 %

Zhejiang Tiantai Xianghe Industrial Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,377.2 Mil.
Zhejiang Tiantai Xianghe Industrial Co's 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 ¥93.4 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.


Zhejiang Tiantai Xianghe Industrial Co EV-to-EBIT Related Terms

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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Business Description

Traded in Other Exchanges
N/A
Address
No. 799, Renmin East Road, Chicheng Street, Zhejiang Province, Tiantai County, Taizhou, CHN
Zhejiang Tiantai Xianghe Industrial Co Ltd is engaged in the research, development, commissioning, verification and industrialization of the national high-speed rail fastener project group. The company's main products include fastener products such as nylon parts, rubber parts, elastic pads and plastic parts; electronic products such as rubber stoppers and bases.
Executives
Tang Xiao Directors, senior managers
Tang Jiao Directors, senior managers
Tang You Qian Director
Tang Wen Ming Directors, senior managers
Zheng Yuan Fei senior management
Wang Hong Hai senior management
Qi Wei senior management

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Headlines

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