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Shandong Meichen Ecology & Environment Co (SZSE:300237) EV-to-EBIT : -7.32 (As of May. 07, 2024)


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What is Shandong Meichen Ecology & Environment Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Meichen Ecology & Environment Co's Enterprise Value is ¥6,031 Mil. Shandong Meichen Ecology & Environment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-824 Mil. Therefore, Shandong Meichen Ecology & Environment Co's EV-to-EBIT for today is -7.32.

The historical rank and industry rank for Shandong Meichen Ecology & Environment Co's EV-to-EBIT or its related term are showing as below:

SZSE:300237' s EV-to-EBIT Range Over the Past 10 Years
Min: -1112.68   Med: 24.51   Max: 81.03
Current: -7.32

During the past 13 years, the highest EV-to-EBIT of Shandong Meichen Ecology & Environment Co was 81.03. The lowest was -1112.68. And the median was 24.51.

SZSE:300237's EV-to-EBIT is ranked worse than
100% of 1054 companies
in the Vehicles & Parts industry
Industry Median: 12.65 vs SZSE:300237: -7.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Meichen Ecology & Environment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,362 Mil. Shandong Meichen Ecology & Environment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-824 Mil. Shandong Meichen Ecology & Environment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.96%.


Shandong Meichen Ecology & Environment Co EV-to-EBIT Historical Data

The historical data trend for Shandong Meichen Ecology & Environment 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.

Shandong Meichen Ecology & Environment Co EV-to-EBIT Chart

Shandong Meichen Ecology & Environment Co 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 17.42 23.60 -125.20 -6.25 -8.47

Shandong Meichen Ecology & Environment Co 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 -5.98 -5.82 -5.83 -8.47 -7.72

Competitive Comparison of Shandong Meichen Ecology & Environment Co's EV-to-EBIT

For the Auto Parts subindustry, Shandong Meichen Ecology & Environment 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.


Shandong Meichen Ecology & Environment Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Meichen Ecology & Environment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Meichen Ecology & Environment Co's EV-to-EBIT falls into.



Shandong Meichen Ecology & Environment Co EV-to-EBIT Calculation

Shandong Meichen Ecology & Environment Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6031.490/-824.21
=-7.32

Shandong Meichen Ecology & Environment Co's current Enterprise Value is ¥6,031 Mil.
Shandong Meichen Ecology & Environment 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 ¥-824 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.


Shandong Meichen Ecology & Environment Co  (SZSE:300237) 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) %.

Shandong Meichen Ecology & Environment Co'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 )
=-824.21/6361.9784
=-12.96 %

Shandong Meichen Ecology & Environment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,362 Mil.
Shandong Meichen Ecology & Environment 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 ¥-824 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.


Shandong Meichen Ecology & Environment Co EV-to-EBIT Related Terms

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Shandong Meichen Ecology & Environment Co (SZSE:300237) Business Description

Traded in Other Exchanges
N/A
Address
Northern part of East Outer Ring, Shandong Province, Zhucheng City, CHN, 262200
Shandong Meichen Ecology & Environment Co Ltd is engaged in the research, development, manufacturing, and distribution of rubber hose, damping rubber, engineering plastics products and related raw materials in China. It operates in the business areas of Sophisticated high molecular material and Ecological environment protection. The sophisticated high molecular material area offers suspension products, system integration modified engineering plastics products, elastic products damping noise reduction, and fluid pipe products. Ecological environment protection includes services like an ecological garden, soil repair, city minerals, water ecological management and air detection management.

Shandong Meichen Ecology & Environment Co (SZSE:300237) Headlines

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