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Zhejiang Songyuan Automotivefety Systems Co (SZSE:300893) EV-to-EBIT : 26.41 (As of Jun. 06, 2024)


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What is Zhejiang Songyuan Automotivefety Systems Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Songyuan Automotivefety Systems Co's Enterprise Value is ¥7,058 Mil. Zhejiang Songyuan Automotivefety Systems Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥267 Mil. Therefore, Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT for today is 26.41.

The historical rank and industry rank for Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT or its related term are showing as below:

SZSE:300893' s EV-to-EBIT Range Over the Past 10 Years
Min: 20.77   Med: 33.95   Max: 64.6
Current: 26.39

During the past 8 years, the highest EV-to-EBIT of Zhejiang Songyuan Automotivefety Systems Co was 64.60. The lowest was 20.77. And the median was 33.95.

SZSE:300893's EV-to-EBIT is ranked worse than
79.87% of 1063 companies
in the Vehicles & Parts industry
Industry Median: 11.94 vs SZSE:300893: 26.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Songyuan Automotivefety Systems Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥7,063 Mil. Zhejiang Songyuan Automotivefety Systems Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥267 Mil. Zhejiang Songyuan Automotivefety Systems Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.78%.


Zhejiang Songyuan Automotivefety Systems Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Songyuan Automotivefety Systems 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 Songyuan Automotivefety Systems Co EV-to-EBIT Chart

Zhejiang Songyuan Automotivefety Systems Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - 35.40 44.78 49.21 29.80

Zhejiang Songyuan Automotivefety Systems 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 41.22 39.90 37.11 29.80 26.43

Competitive Comparison of Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT

For the Auto Parts subindustry, Zhejiang Songyuan Automotivefety Systems 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 Songyuan Automotivefety Systems Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT falls into.



Zhejiang Songyuan Automotivefety Systems Co EV-to-EBIT Calculation

Zhejiang Songyuan Automotivefety Systems Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7058.435/267.271
=26.41

Zhejiang Songyuan Automotivefety Systems Co's current Enterprise Value is ¥7,058 Mil.
Zhejiang Songyuan Automotivefety Systems 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 ¥267 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 Songyuan Automotivefety Systems Co  (SZSE:300893) 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 Songyuan Automotivefety Systems 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 )
=267.271/7062.946
=3.78 %

Zhejiang Songyuan Automotivefety Systems Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥7,063 Mil.
Zhejiang Songyuan Automotivefety Systems 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 ¥267 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 Songyuan Automotivefety Systems Co EV-to-EBIT Related Terms

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Zhejiang Songyuan Automotivefety Systems Co (SZSE:300893) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Yunheyan Road, Moushan Town, Zhejiang Province, Yuyao, CHN, 315456
Zhejiang Songyuan Automotive Safety Systems Co Ltd is engaged in the research and development, design, production, sales and service of automotive passive safety system products and special seat safety devices such as automotive seat belt assemblies and parts. The company's products include Bilateral pre-tensioning force limiting type; Unilateral pre-tensioning force limit type; Emergency locking force limit type; Ordinary emergency lock; Simple Lock; and High profile Components.

Zhejiang Songyuan Automotivefety Systems Co (SZSE:300893) Headlines

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