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Shandong Hi-tech Spring Material Technology Co (SZSE:301292) EV-to-EBIT : -133.74 (As of Jun. 03, 2024)


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What is Shandong Hi-tech Spring Material Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Hi-tech Spring Material Technology Co's Enterprise Value is ¥4,148 Mil. Shandong Hi-tech Spring Material Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-31 Mil. Therefore, Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT for today is -133.74.

The historical rank and industry rank for Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT or its related term are showing as below:

SZSE:301292' s EV-to-EBIT Range Over the Past 10 Years
Min: -157.2   Med: 111.69   Max: 145.1
Current: -133.74

During the past 6 years, the highest EV-to-EBIT of Shandong Hi-tech Spring Material Technology Co was 145.10. The lowest was -157.20. And the median was 111.69.

SZSE:301292's EV-to-EBIT is ranked worse than
100% of 1221 companies
in the Chemicals industry
Industry Median: 18.11 vs SZSE:301292: -133.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Hi-tech Spring Material Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,734 Mil. Shandong Hi-tech Spring Material Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-31 Mil. Shandong Hi-tech Spring Material Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.66%.


Shandong Hi-tech Spring Material Technology Co EV-to-EBIT Historical Data

The historical data trend for Shandong Hi-tech Spring Material Technology 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.

Shandong Hi-tech Spring Material Technology Co EV-to-EBIT Chart

Shandong Hi-tech Spring Material Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - - 73.56

Shandong Hi-tech Spring Material Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 - - 111.93 73.56 -152.61

Competitive Comparison of Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT

For the Chemicals subindustry, Shandong Hi-tech Spring Material Technology 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.


Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT falls into.



Shandong Hi-tech Spring Material Technology Co EV-to-EBIT Calculation

Shandong Hi-tech Spring Material Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4148.128/-31.017
=-133.74

Shandong Hi-tech Spring Material Technology Co's current Enterprise Value is ¥4,148 Mil.
Shandong Hi-tech Spring Material Technology 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 ¥-31 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.


Shandong Hi-tech Spring Material Technology Co  (SZSE:301292) 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) %.

Shandong Hi-tech Spring Material Technology 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 )
=-31.017/4733.58382
=-0.66 %

Shandong Hi-tech Spring Material Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,734 Mil.
Shandong Hi-tech Spring Material Technology 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 ¥-31 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.


Shandong Hi-tech Spring Material Technology Co EV-to-EBIT Related Terms

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Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Zoucheng Road, Dongying High-tech Industrial Development Zone, Shandong Province, Dongying, CHN, 257000
Shandong Hi-tech Spring Material Technology Co Ltd is engaged in the research and development, production and sales of carbonate series lithium-ion battery electrolyte solvents and fine chemicals such as high-end propylene glycol and isopropanol.

Shandong Hi-tech Spring Material Technology Co (SZSE:301292) Headlines

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