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Wuxi Xinhongye Wire And Cable Co (SZSE:301310) EV-to-EBIT : 16.34 (As of May. 27, 2024)


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What is Wuxi Xinhongye Wire And Cable Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Wuxi Xinhongye Wire And Cable Co's Enterprise Value is ¥2,939 Mil. Wuxi Xinhongye Wire And Cable Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥180 Mil. Therefore, Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT for today is 16.34.

The historical rank and industry rank for Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT or its related term are showing as below:

SZSE:301310' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.37   Med: 16.62   Max: 28.3
Current: 16.8

During the past 6 years, the highest EV-to-EBIT of Wuxi Xinhongye Wire And Cable Co was 28.30. The lowest was 13.37. And the median was 16.62.

SZSE:301310's EV-to-EBIT is ranked better than
51.66% of 2375 companies
in the Industrial Products industry
Industry Median: 16.79 vs SZSE:301310: 16.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Wuxi Xinhongye Wire And Cable Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,172 Mil. Wuxi Xinhongye Wire And Cable Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥180 Mil. Wuxi Xinhongye Wire And Cable Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.67%.


Wuxi Xinhongye Wire And Cable Co EV-to-EBIT Historical Data

The historical data trend for Wuxi Xinhongye Wire And Cable 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.

Wuxi Xinhongye Wire And Cable Co EV-to-EBIT Chart

Wuxi Xinhongye Wire And Cable Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - - 21.61

Wuxi Xinhongye Wire And Cable Co Quarterly Data
Dec18 Dec19 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 - 27.10 18.89 21.61 17.64

Competitive Comparison of Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Wuxi Xinhongye Wire And Cable 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.


Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT falls into.



Wuxi Xinhongye Wire And Cable Co EV-to-EBIT Calculation

Wuxi Xinhongye Wire And Cable Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2939.044/179.819
=16.34

Wuxi Xinhongye Wire And Cable Co's current Enterprise Value is ¥2,939 Mil.
Wuxi Xinhongye Wire And Cable 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 ¥180 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.


Wuxi Xinhongye Wire And Cable Co  (SZSE:301310) 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) %.

Wuxi Xinhongye Wire And Cable 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 )
=179.819/3172.379716
=5.67 %

Wuxi Xinhongye Wire And Cable Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,172 Mil.
Wuxi Xinhongye Wire And Cable 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 ¥180 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.


Wuxi Xinhongye Wire And Cable Co EV-to-EBIT Related Terms

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Wuxi Xinhongye Wire And Cable Co (SZSE:301310) Business Description

Traded in Other Exchanges
N/A
Address
No. 17, Hexin Road, Xishan Economic and Technological Development Zone, Jiangsu, Wuxi, CHN, 214101
Wuxi Xinhongye Wire And Cable Co Ltd are engaged in Research &Development, production, and sales of photovoltaic cables, new energy vehicle cables, industrial cables, and other special cables. The company has broad market development prospects, and its products are widely used in various industries such as power distribution systems, automobiles, new energy vehicles, electrical wiring harnesses, UPS power supplies, transformers, motors, sensors, thermal protectors, and new energy sources worldwide.

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