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Zhejiang Akcome New Energy Technology Co (SZSE:002610) EV-to-EBIT : -25.07 (As of Apr. 29, 2024)


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What is Zhejiang Akcome New Energy Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Akcome New Energy Technology Co's Enterprise Value is ¥9,185 Mil. Zhejiang Akcome New Energy Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-366 Mil. Therefore, Zhejiang Akcome New Energy Technology Co's EV-to-EBIT for today is -25.07.

The historical rank and industry rank for Zhejiang Akcome New Energy Technology Co's EV-to-EBIT or its related term are showing as below:

SZSE:002610' s EV-to-EBIT Range Over the Past 10 Years
Min: -86.54   Med: 22.22   Max: 315.19
Current: -25.07

During the past 13 years, the highest EV-to-EBIT of Zhejiang Akcome New Energy Technology Co was 315.19. The lowest was -86.54. And the median was 22.22.

SZSE:002610's EV-to-EBIT is ranked worse than
100% of 668 companies
in the Semiconductors industry
Industry Median: 23.325 vs SZSE:002610: -25.07

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Akcome New Energy Technology Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥12,471 Mil. Zhejiang Akcome New Energy Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-366 Mil. Zhejiang Akcome New Energy Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.94%.


Zhejiang Akcome New Energy Technology Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Akcome New Energy Technology Co'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.

Zhejiang Akcome New Energy Technology Co EV-to-EBIT Chart

Zhejiang Akcome New Energy Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.56 -7.44 48.92 -86.28 -19.29

Zhejiang Akcome New Energy Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -32.67 -19.29 -22.23 -28.48 -34.04

Competitive Comparison of Zhejiang Akcome New Energy Technology Co's EV-to-EBIT

For the Solar subindustry, Zhejiang Akcome New Energy Technology Co'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.


Zhejiang Akcome New Energy Technology Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Akcome New Energy Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Akcome New Energy Technology Co's EV-to-EBIT falls into.



Zhejiang Akcome New Energy Technology Co EV-to-EBIT Calculation

Zhejiang Akcome New Energy Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9185.447/-366.409
=-25.07

Zhejiang Akcome New Energy Technology Co's current Enterprise Value is ¥9,185 Mil.
Zhejiang Akcome New Energy Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-366 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.


Zhejiang Akcome New Energy Technology Co  (SZSE:002610) 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) %.

Zhejiang Akcome New Energy Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-366.409/12470.8001
=-2.94 %

Zhejiang Akcome New Energy Technology Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥12,471 Mil.
Zhejiang Akcome New Energy Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-366 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.


Zhejiang Akcome New Energy Technology Co EV-to-EBIT Related Terms

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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Business Description

Traded in Other Exchanges
N/A
Address
West Jintang Road, Economic Development Zone of Zhangjiagang, Jiangsu Province, Zhangjiagang, CHN, 215600
Zhejiang Akcome New Energy Technology Co Ltd Formerly Jiangsu Akcome Science & Technology Co Ltd is a Chinese technology-based company specialized in the investment and operation of power generated by new energy, and the one-stop provision of photovoltaic (PV) accessories. It offers products such as the solar framework, sectional material, modules, solar cell, aluminum framework of polar battery, PV installation rack and PV welding strip. In addition, the company is also involved in the online energy business. The company has a business presence in China and other countries.

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