Changzhou Fusion New Material Co (SHSE:688503) EV-to-EBIT : 19.45 (As of May. 20, 2024)

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What is Changzhou Fusion New Material Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Changzhou Fusion New Material Co's Enterprise Value is ¥9,648 Mil. Changzhou Fusion New Material Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥496 Mil. Therefore, Changzhou Fusion New Material Co's EV-to-EBIT for today is 19.45.

The historical rank and industry rank for Changzhou Fusion New Material Co's EV-to-EBIT or its related term are showing as below:

SHSE:688503' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.2 Med: 20.91 Max: 31.88
Current: 19.45

During the past 6 years, the highest EV-to-EBIT of Changzhou Fusion New Material Co was 31.88. The lowest was 12.20. And the median was 20.91.

SHSE:688503's EV-to-EBIT is ranked better than
60.39% of 669 companies
in the Semiconductors industry
Industry Median: 23.96 vs SHSE:688503: 19.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Changzhou Fusion New Material Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥10,174 Mil. Changzhou Fusion New Material Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥496 Mil. Changzhou Fusion New Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.88%.

Changzhou Fusion New Material Co EV-to-EBIT Historical Data

The historical data trend for Changzhou Fusion New Material 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.

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Changzhou Fusion New Material Co EV-to-EBIT Chart

Changzhou Fusion New Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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32.01

16.10

Changzhou Fusion New Material Co Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial											25.97	29.67	19.82	16.10	20.51

Competitive Comparison of Changzhou Fusion New Material Co's EV-to-EBIT

For the Solar subindustry, Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Changzhou Fusion New Material Co's EV-to-EBIT falls into.

Changzhou Fusion New Material Co EV-to-EBIT Calculation

Changzhou Fusion New Material Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	9648.098	/	496.117
	=	19.45

Changzhou Fusion New Material Co's current Enterprise Value is ¥9,648 Mil.
Changzhou Fusion New Material 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 ¥496 Mil.

Changzhou Fusion New Material Co (SHSE:688503) 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) %.

Changzhou Fusion New Material 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 )
	=	496.117	/	10174.04352
	=	4.88 %

Changzhou Fusion New Material Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥10,174 Mil.
Changzhou Fusion New Material 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 ¥496 Mil.

Changzhou Fusion New Material Co EV-to-EBIT Related Terms

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Changzhou Fusion New Material Co (SHSE:688503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Fusion New Material Co Ltd (SHSE:688503) » Definitions » EV-to-EBIT

Traded in Other Exchanges

N/A

Address

No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031

Website

http://www.fusion-cz.com

Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.

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