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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Enterprise Value : ¥6,608 Mil (As of Jun. 08, 2024)


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What is Solax Power Network Technology (Zhejiang) 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, Solax Power Network Technology (Zhejiang) Co's Enterprise Value is ¥6,608 Mil. Solax Power Network Technology (Zhejiang) Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥666 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT ratio for today is 9.92.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Solax Power Network Technology (Zhejiang) Co's Enterprise Value is ¥6,608 Mil. Solax Power Network Technology (Zhejiang) Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥698 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA ratio for today is 9.47.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Solax Power Network Technology (Zhejiang) Co's Enterprise Value is ¥6,608 Mil. Solax Power Network Technology (Zhejiang) Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,185 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's EV-to-Revenue ratio for today is 2.07.


Solax Power Network Technology (Zhejiang) Co Enterprise Value Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

* Premium members only.

Solax Power Network Technology (Zhejiang) Co Enterprise Value Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - - - -

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 9,431.96

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's Enterprise Value

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's Enterprise Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Enterprise Value falls into.



Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Solax Power Network Technology (Zhejiang) Co's Enterprise Value for the quarter that ended in Mar. 2024 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.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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.

Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6607.961/666.009
=9.92

Solax Power Network Technology (Zhejiang) Co's current Enterprise Value is ¥6,608 Mil.
Solax Power Network Technology (Zhejiang) 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 ¥666 Mil.

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

Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6607.961/698.019
=9.47

Solax Power Network Technology (Zhejiang) Co's current Enterprise Value is ¥6,608 Mil.
Solax Power Network Technology (Zhejiang) Co's EBITDA 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 ¥698 Mil.

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

Solax Power Network Technology (Zhejiang) Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6607.961/3184.813
=2.07

Solax Power Network Technology (Zhejiang) Co's current Enterprise Value is ¥6,608 Mil.
Solax Power Network Technology (Zhejiang) Co's Revenue 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 ¥3,185 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.


Solax Power Network Technology (Zhejiang) Co Enterprise Value Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

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