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China Travel International Investment Hong Kong (HKSE:00308) Enterprise Value : HK$6,747 Mil (As of Jun. 04, 2024)


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What is China Travel International Investment Hong Kong 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. As of today, China Travel International Investment Hong Kong's Enterprise Value is HK$6,747 Mil. China Travel International Investment Hong Kong's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$715 Mil. Therefore, China Travel International Investment Hong Kong's EV-to-EBIT ratio for today is 9.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Travel International Investment Hong Kong's Enterprise Value is HK$6,747 Mil. China Travel International Investment Hong Kong's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$715 Mil. Therefore, China Travel International Investment Hong Kong's EV-to-EBITDA ratio for today is 9.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Travel International Investment Hong Kong's Enterprise Value is HK$6,747 Mil. China Travel International Investment Hong Kong's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,494 Mil. Therefore, China Travel International Investment Hong Kong's EV-to-Revenue ratio for today is 1.50.


China Travel International Investment Hong Kong Enterprise Value Historical Data

The historical data trend for China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong Enterprise Value Chart

China Travel International Investment Hong Kong 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 6,019.60 5,915.26 8,615.66 10,480.92 9,309.53

China Travel International Investment Hong Kong 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 8,615.66 9,368.88 10,480.92 8,867.57 9,309.53

Competitive Comparison of China Travel International Investment Hong Kong's Enterprise Value

For the Leisure subindustry, China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong's Enterprise Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Travel International Investment Hong Kong's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Travel International Investment Hong Kong's Enterprise Value falls into.



China Travel International Investment Hong Kong 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 Travel International Investment Hong Kong's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong  (HKSE:00308) 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-EBIT is calculated as Enterprise Value divided by its EBIT.

China Travel International Investment Hong Kong's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6747.457/714.728
=9.44

China Travel International Investment Hong Kong's current Enterprise Value is HK$6,747 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Travel International Investment Hong Kong's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$715 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

China Travel International Investment Hong Kong's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6747.457/714.728
=9.44

China Travel International Investment Hong Kong's current Enterprise Value is HK$6,747 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Travel International Investment Hong Kong's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$715 Mil.

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

China Travel International Investment Hong Kong's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6747.457/4494.211
=1.50

China Travel International Investment Hong Kong's current Enterprise Value is HK$6,747 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Travel International Investment Hong Kong's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,494 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 Travel International Investment Hong Kong Enterprise Value Related Terms

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China Travel International Investment Hong Kong (HKSE:00308) Business Description

Traded in Other Exchanges
Address
78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
Executives
Kwok Hoi Hing 2101 Beneficial owner
Zhong Guo Lv You Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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