GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (HKSE:00968) » Definitions » EV-to-EBIT

Xinyi Solar Holdings (HKSE:00968) EV-to-EBIT : 9.38 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Xinyi Solar Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Xinyi Solar Holdings's Enterprise Value is HK$55,850 Mil. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5,955 Mil. Therefore, Xinyi Solar Holdings's EV-to-EBIT for today is 9.38.

The historical rank and industry rank for Xinyi Solar Holdings's EV-to-EBIT or its related term are showing as below:

HKSE:00968' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.5   Med: 16.44   Max: 60.07
Current: 9.38

During the past 12 years, the highest EV-to-EBIT of Xinyi Solar Holdings was 60.07. The lowest was 7.50. And the median was 16.44.

HKSE:00968's EV-to-EBIT is ranked better than
81.64% of 670 companies
in the Semiconductors industry
Industry Median: 23.17 vs HKSE:00968: 9.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Xinyi Solar Holdings's Enterprise Value for the quarter that ended in Jun. 2023 was HK$91,836 Mil. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5,955 Mil. Xinyi Solar Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.48%.


Xinyi Solar Holdings EV-to-EBIT Historical Data

The historical data trend for Xinyi Solar Holdings's EV-to-EBIT 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.

Xinyi Solar Holdings EV-to-EBIT Chart

Xinyi Solar Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.95 30.64 18.56 15.96 9.26

Xinyi Solar Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 18.56 - 15.96 - -

Competitive Comparison of Xinyi Solar Holdings's EV-to-EBIT

For the Solar subindustry, Xinyi Solar Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's EV-to-EBIT falls into.



Xinyi Solar Holdings EV-to-EBIT Calculation

Xinyi Solar Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=55849.737/5955.194
=9.38

Xinyi Solar Holdings's current Enterprise Value is HK$55,850 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5,955 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  (HKSE:00968) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Xinyi Solar Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=5955.194/91835.505
=6.48 %

Xinyi Solar Holdings's Enterprise Value for the quarter that ended in Jun. 2023 was HK$91,836 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$5,955 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Xinyi Solar Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
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.

Xinyi Solar Holdings (HKSE:00968) Headlines

No Headlines