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China Merchants China Direct Investments (HKSE:00133) Enterprise Value : HK$1,922.09 Mil (As of Jun. 08, 2024)


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What is China Merchants China Direct Investments Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Merchants China Direct Investments's Enterprise Value is HK$1,922.09 Mil. China Merchants China Direct Investments's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83.03 Mil. Therefore, China Merchants China Direct Investments's EV-to-Revenue ratio for today is 23.15.


China Merchants China Direct Investments Enterprise Value Historical Data

The historical data trend for China Merchants China Direct Investments's Enterprise Value 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.

China Merchants China Direct Investments Enterprise Value Chart

China Merchants China Direct Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,050.15 950.29 1,140.07 1,047.64 1,104.06

China Merchants China Direct Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value 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 1,140.07 1,066.06 1,047.64 1,161.10 1,104.06

Competitive Comparison of China Merchants China Direct Investments's Enterprise Value

For the Asset Management subindustry, China Merchants China Direct Investments's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


China Merchants China Direct Investments's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Merchants China Direct Investments's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Merchants China Direct Investments's Enterprise Value falls into.



China Merchants China Direct Investments Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

China Merchants China Direct Investments's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Merchants China Direct Investments's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


China Merchants China Direct Investments  (HKSE:00133) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

China Merchants China Direct Investments's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1922.086/83.027
=23.15

China Merchants China Direct Investments's current Enterprise Value is HK$1,922.09 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants China Direct Investments's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83.03 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.


China Merchants China Direct Investments Enterprise Value Related Terms

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China Merchants China Direct Investments (HKSE:00133) Business Description

Traded in Other Exchanges
N/A
Address
1 Queen’s Road East, 1609, Three Pacific Place, Hong Kong, HKG
China Merchants China Direct Investments Ltd is an investment holding company. The major sources of income of the group arising in the course of the ordinary activities which are the revenue of the Group are net gain (loss) on financial assets at fair value through profit or loss and investment income. The segments of the group are Financial services; Culture, media and consumption and Information technology. Its prime revenue-generating segment is the Information technology segment which covers the investees engaged in information technology activities.
Executives
Meyer Road Limited 2201 Interest of corporation controlled by you
Loyang Street Limited 2101 Beneficial owner
Cochrane Street Limited 2201 Interest of corporation controlled by you
Cantonment Road Limited 2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited 2102 Investment manager
Asm Connaught House (master) Fund Iii Lp 2201 Interest of corporation controlled by you
Asm Connaught House General Partner V Limited 2102 Investment manager
Asm Connaught House (master) Fund V Lp 2201 Interest of corporation controlled by you
Asmh (cayman) Limited 2102 Investment manager
Chan Kin 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2102 Investment manager
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Lazard Asset Management Llc 2102 Investment manager
Zhao Shang Ju Lun Chuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Rong Tou Zi Kong Gu Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you

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