GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tianhong Lithiumion Battery Ltd (BJSE:873152) » Definitions » EV-to-EBIT

Zhejiang Tianhong Lithiumion Battery (BJSE:873152) EV-to-EBIT : 47.16 (As of Jun. 14, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Tianhong Lithiumion Battery EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Tianhong Lithiumion Battery's Enterprise Value is ¥605.4 Mil. Zhejiang Tianhong Lithiumion Battery's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12.8 Mil. Therefore, Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT for today is 47.16.

The historical rank and industry rank for Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT or its related term are showing as below:

BJSE:873152' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.52   Med: 15.17   Max: 111.98
Current: 46.76

During the past 8 years, the highest EV-to-EBIT of Zhejiang Tianhong Lithiumion Battery was 111.98. The lowest was -6.52. And the median was 15.17.

BJSE:873152's EV-to-EBIT is ranked worse than
86.4% of 2367 companies
in the Industrial Products industry
Industry Median: 16.6 vs BJSE:873152: 46.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Tianhong Lithiumion Battery's Enterprise Value for the quarter that ended in Mar. 2024 was ¥809.4 Mil. Zhejiang Tianhong Lithiumion Battery's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12.8 Mil. Zhejiang Tianhong Lithiumion Battery's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.59%.


Zhejiang Tianhong Lithiumion Battery EV-to-EBIT Historical Data

The historical data trend for Zhejiang Tianhong Lithiumion Battery'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 Tianhong Lithiumion Battery EV-to-EBIT Chart

Zhejiang Tianhong Lithiumion Battery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - 8.73 36.17 24.15 96.37

Zhejiang Tianhong Lithiumion Battery Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 25.66 25.85 39.01 96.37 63.05

Competitive Comparison of Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Zhejiang Tianhong Lithiumion Battery'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 Tianhong Lithiumion Battery's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT falls into.



Zhejiang Tianhong Lithiumion Battery EV-to-EBIT Calculation

Zhejiang Tianhong Lithiumion Battery's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=605.436/12.837
=47.16

Zhejiang Tianhong Lithiumion Battery's current Enterprise Value is ¥605.4 Mil.
Zhejiang Tianhong Lithiumion Battery'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 ¥12.8 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 Tianhong Lithiumion Battery  (BJSE:873152) 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 Tianhong Lithiumion Battery'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 )
=12.837/809.43229
=1.59 %

Zhejiang Tianhong Lithiumion Battery's Enterprise Value for the quarter that ended in Mar. 2024 was ¥809.4 Mil.
Zhejiang Tianhong Lithiumion Battery'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 ¥12.8 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 Tianhong Lithiumion Battery EV-to-EBIT Related Terms

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


Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Business Description

Traded in Other Exchanges
N/A
Address
No. 318, Changcheng Road, Taihu Street, Changxing County, Zhejiang Province, Huzhou City, CHN, 313100
Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.

Zhejiang Tianhong Lithiumion Battery (BJSE:873152) Headlines

No Headlines