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Zhejiang Jiaxin Silk (SZSE:002404) EV-to-EBIT : 10.62 (As of May. 31, 2024)


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What is Zhejiang Jiaxin Silk EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Jiaxin Silk's Enterprise Value is ¥3,197 Mil. Zhejiang Jiaxin Silk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥301 Mil. Therefore, Zhejiang Jiaxin Silk's EV-to-EBIT for today is 10.62.

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

SZSE:002404' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.9   Med: 16.75   Max: 77.11
Current: 10.52

During the past 13 years, the highest EV-to-EBIT of Zhejiang Jiaxin Silk was 77.11. The lowest was 8.90. And the median was 16.75.

SZSE:002404's EV-to-EBIT is ranked better than
65.58% of 825 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.48 vs SZSE:002404: 10.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Jiaxin Silk's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,999 Mil. Zhejiang Jiaxin Silk's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥301 Mil. Zhejiang Jiaxin Silk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.04%.


Zhejiang Jiaxin Silk EV-to-EBIT Historical Data

The historical data trend for Zhejiang Jiaxin Silk'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 Jiaxin Silk EV-to-EBIT Chart

Zhejiang Jiaxin Silk 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 15.65 18.76 18.49 9.96 11.22

Zhejiang Jiaxin Silk 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 9.63 10.83 12.25 11.22 9.96

Competitive Comparison of Zhejiang Jiaxin Silk's EV-to-EBIT

For the Apparel Manufacturing subindustry, Zhejiang Jiaxin Silk'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 Jiaxin Silk's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Jiaxin Silk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiaxin Silk's EV-to-EBIT falls into.



Zhejiang Jiaxin Silk EV-to-EBIT Calculation

Zhejiang Jiaxin Silk's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3196.963/301.148
=10.62

Zhejiang Jiaxin Silk's current Enterprise Value is ¥3,197 Mil.
Zhejiang Jiaxin Silk'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 ¥301 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 Jiaxin Silk  (SZSE:002404) 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 Jiaxin Silk'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 )
=301.148/2999.1086
=10.04 %

Zhejiang Jiaxin Silk's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,999 Mil.
Zhejiang Jiaxin Silk'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 ¥301 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 Jiaxin Silk EV-to-EBIT Related Terms

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Zhejiang Jiaxin Silk (SZSE:002404) Business Description

Traded in Other Exchanges
N/A
Address
The Silk Building No. 22, Zhongshan Road, Zhejiang Province, Jiaxing, CHN
Zhejiang Jiaxin Silk Corp Ltd is a Chinese silk house. It is engaged in the manufacture of high-grade silk, silk, and clothing. It produces and sales silkworm cocoons, silk, weaving, printing and dyeing, knitting and garments.
Executives
Zhou Guo Jian Director
Han Shuo Directors, executives
Zhou Qing Rong Supervisors
Gu Qun Director
Feng Jian Ping Executives
Zhang Ning Supervisors
Zhu Jian Yong Supervisors
Zheng Xiao Directors, Directors, and Executives
Shen Yu Qi Executives
Xu Hong Directors, executives
Hu Chuan Guo Director

Zhejiang Jiaxin Silk (SZSE:002404) Headlines

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