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China Literature (FRA:C2X) Enterprise Value : €2,987.3 Mil (As of May. 11, 2024)


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What is China Literature Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Literature's Enterprise Value is €2,987.3 Mil. China Literature's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €118.5 Mil. Therefore, China Literature's EV-to-EBIT ratio for today is 25.21.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Literature's Enterprise Value is €2,987.3 Mil. China Literature's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €118.5 Mil. Therefore, China Literature's EV-to-EBITDA ratio for today is 25.21.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Literature's Enterprise Value is €2,987.3 Mil. China Literature's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €902.0 Mil. Therefore, China Literature's EV-to-Revenue ratio for today is 3.31.


China Literature Enterprise Value Historical Data

The historical data trend for China Literature's Enterprise Value 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.

China Literature Enterprise Value Chart

China Literature Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,030.72 5,577.71 4,514.75 2,639.57 2,580.29

China Literature Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value 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 4,514.75 3,711.80 2,639.57 2,949.60 2,580.29

Competitive Comparison of China Literature's Enterprise Value

For the Internet Content & Information subindustry, China Literature's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


China Literature's Enterprise Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Literature's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Literature's Enterprise Value falls into.



China Literature Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

China Literature's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Literature's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


China Literature  (FRA:C2X) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

China Literature's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2987.293/118.489
=25.21

China Literature's current Enterprise Value is €2,987.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Literature's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €118.5 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

China Literature's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2987.293/118.489
=25.21

China Literature's current Enterprise Value is €2,987.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Literature's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €118.5 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

China Literature's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2987.293/902.01
=3.31

China Literature's current Enterprise Value is €2,987.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Literature's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €902.0 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.


China Literature Enterprise Value Related Terms

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China Literature (FRA:C2X) Business Description

Traded in Other Exchanges
Address
No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135
China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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