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, Xinyi Solar Holdings's Enterprise Value is HK$60,838 Mil.
Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,955 Mil. Therefore, Xinyi Solar Holdings's EV-to-EBIT ratio for today is 10.22.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Xinyi Solar Holdings's Enterprise Value is HK$60,838 Mil.
Xinyi Solar Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,955 Mil. Therefore, Xinyi Solar Holdings's EV-to-EBITDA ratio for today is 10.22.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Xinyi Solar Holdings's Enterprise Value is HK$60,838 Mil.
Xinyi Solar Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$26,629 Mil. Therefore, Xinyi Solar Holdings's EV-to-Revenue ratio for today is 2.28.
Xinyi Solar Holdings Enterprise Value Historical Data
The historical data trend for Xinyi Solar Holdings'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.
Competitive Comparison of Xinyi Solar Holdings's Enterprise Value
For the Solar subindustry, Xinyi Solar Holdings'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.
Xinyi Solar Holdings's Enterprise Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Xinyi Solar Holdings's Enterprise Value falls into.
Xinyi Solar Holdings 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.
Xinyi Solar Holdings's Enterprise Value for the fiscal year 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.
Xinyi Solar Holdings (HKSE:00968) 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.
Xinyi Solar Holdings's current Enterprise Value is HK$60,838 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,955 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Xinyi Solar Holdings's current Enterprise Value is HK$60,838 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,955 Mil.
Xinyi Solar Holdings's current Enterprise Value is HK$60,838 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$26,629 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.
Xinyi Solar Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Xinyi Solar Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinyi Solar Holdings (HKSE:00968) Business Description
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.
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