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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Enterprise Value : HK$-158 Mil (As of Jun. 01, 2024)


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What is Xinjiang Tianye Waterving Irrigation System Co 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, Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value is HK$-158 Mil. Xinjiang Tianye Waterving Irrigation System Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0 Mil. Therefore, Xinjiang Tianye Waterving Irrigation System Co's EV-to-EBIT ratio for today is 9,310.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value is HK$-158 Mil. Xinjiang Tianye Waterving Irrigation System Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0 Mil. Therefore, Xinjiang Tianye Waterving Irrigation System Co's EV-to-EBITDA ratio for today is 9,310.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value is HK$-158 Mil. Xinjiang Tianye Waterving Irrigation System Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,409 Mil. Therefore, Xinjiang Tianye Waterving Irrigation System Co's EV-to-Revenue ratio for today is -0.11.


Xinjiang Tianye Waterving Irrigation System Co Enterprise Value Historical Data

The historical data trend for Xinjiang Tianye Waterving Irrigation System Co'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.

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Xinjiang Tianye Waterving Irrigation System Co Enterprise Value Chart

Xinjiang Tianye Waterving Irrigation System Co 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 160.14 89.19 60.73 0.71 -112.17

Xinjiang Tianye Waterving Irrigation System Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 125.20 0.71 67.24 92.47 -112.17

Competitive Comparison of Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value

For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System Co'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.


Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value falls into.



Xinjiang Tianye Waterving Irrigation System Co 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.

Xinjiang Tianye Waterving Irrigation System Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Xinjiang Tianye Waterving Irrigation System Co'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.


Xinjiang Tianye Waterving Irrigation System Co  (HKSE:00840) 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.

Xinjiang Tianye Waterving Irrigation System Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-158.271/-0.017
=9,310.06

Xinjiang Tianye Waterving Irrigation System Co's current Enterprise Value is HK$-158 Mil.
Xinjiang Tianye Waterving Irrigation System Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0 Mil.

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

Xinjiang Tianye Waterving Irrigation System Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-158.271/-0.017
=9,310.06

Xinjiang Tianye Waterving Irrigation System Co's current Enterprise Value is HK$-158 Mil.
Xinjiang Tianye Waterving Irrigation System Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0 Mil.

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

Xinjiang Tianye Waterving Irrigation System Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-158.271/1408.567
=-0.11

Xinjiang Tianye Waterving Irrigation System Co's current Enterprise Value is HK$-158 Mil.
Xinjiang Tianye Waterving Irrigation System Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$1,409 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.


Xinjiang Tianye Waterving Irrigation System Co Enterprise Value Related Terms

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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Bei San Dong Road, Shihezi Economic and Technological Development Zone, Xinjiang, Shihezi, CHN, 832000
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
Executives
Ding Wei 2101 Beneficial owner
Wang Bing 2202 Interest of your spouse

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