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Changchun High and New Technology Industry Group (SZSE:000661) EV-to-EBIT : 7.05 (As of May. 03, 2024)


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What is Changchun High and New Technology Industry Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Changchun High and New Technology Industry Group's Enterprise Value is ¥39,137 Mil. Changchun High and New Technology Industry Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5,552 Mil. Therefore, Changchun High and New Technology Industry Group's EV-to-EBIT for today is 7.05.

The historical rank and industry rank for Changchun High and New Technology Industry Group's EV-to-EBIT or its related term are showing as below:

SZSE:000661' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.85   Med: 22.25   Max: 60.68
Current: 7.15

During the past 13 years, the highest EV-to-EBIT of Changchun High and New Technology Industry Group was 60.68. The lowest was 6.85. And the median was 22.25.

SZSE:000661's EV-to-EBIT is ranked better than
84.71% of 667 companies
in the Drug Manufacturers industry
Industry Median: 17.89 vs SZSE:000661: 7.15

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Changchun High and New Technology Industry Group's Enterprise Value for the quarter that ended in Mar. 2024 was ¥45,012 Mil. Changchun High and New Technology Industry Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5,552 Mil. Changchun High and New Technology Industry Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.33%.


Changchun High and New Technology Industry Group EV-to-EBIT Historical Data

The historical data trend for Changchun High and New Technology Industry Group'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.

Changchun High and New Technology Industry Group EV-to-EBIT Chart

Changchun High and New Technology Industry Group 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 31.06 45.75 23.29 13.28 10.06

Changchun High and New Technology Industry Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.84 10.65 10.58 10.06 8.11

Competitive Comparison of Changchun High and New Technology Industry Group's EV-to-EBIT

For the Drug Manufacturers - Specialty & Generic subindustry, Changchun High and New Technology Industry Group'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.


Changchun High and New Technology Industry Group's EV-to-EBIT Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Changchun High and New Technology Industry Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Changchun High and New Technology Industry Group's EV-to-EBIT falls into.



Changchun High and New Technology Industry Group EV-to-EBIT Calculation

Changchun High and New Technology Industry Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=39136.646/5551.569
=7.05

Changchun High and New Technology Industry Group's current Enterprise Value is ¥39,137 Mil.
Changchun High and New Technology Industry Group'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 ¥5,552 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.


Changchun High and New Technology Industry Group  (SZSE:000661) 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) %.

Changchun High and New Technology Industry Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=5551.569/45011.83836
=12.33 %

Changchun High and New Technology Industry Group's Enterprise Value for the quarter that ended in Mar. 2024 was ¥45,012 Mil.
Changchun High and New Technology Industry Group'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 ¥5,552 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.


Changchun High and New Technology Industry Group EV-to-EBIT Related Terms

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Changchun High and New Technology Industry Group (SZSE:000661) Business Description

Traded in Other Exchanges
N/A
Address
Number 2400, Tongzhi Street, 5th Floor, Torch Building, Jilin Province, Changchun, CHN
Changchun High and New Technology Industry Group Inc is engaged in the production and sales of bio-pharmaceuticals and proprietary Chinese medicines, supplemented by real estate development and property management.

Changchun High and New Technology Industry Group (SZSE:000661) Headlines

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