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China New Energy (HKSE:01156) EV-to-EBIT : -0.88 (As of Jun. 15, 2024)


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What is China New Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China New Energy's Enterprise Value is HK$104.26 Mil. China New Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.75 Mil. Therefore, China New Energy's EV-to-EBIT for today is -0.88.

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

HKSE:01156' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.23   Med: 2.93   Max: 22.19
Current: -0.87

During the past 13 years, the highest EV-to-EBIT of China New Energy was 22.19. The lowest was -2.23. And the median was 2.93.

HKSE:01156's EV-to-EBIT is ranked worse than
100% of 744 companies
in the Oil & Gas industry
Industry Median: 8.995 vs HKSE:01156: -0.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China New Energy's Enterprise Value for the quarter that ended in Dec. 2023 was HK$103.42 Mil. China New Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.75 Mil. China New Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -114.83%.


China New Energy EV-to-EBIT Historical Data

The historical data trend for China New Energy'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.

China New Energy EV-to-EBIT Chart

China New Energy 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 - 2.28 22.19 -1.65 -0.87

China New Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 22.19 - -1.65 - -0.87

Competitive Comparison of China New Energy's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, China New Energy'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.


China New Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China New Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China New Energy's EV-to-EBIT falls into.



China New Energy EV-to-EBIT Calculation

China New Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=104.257/-118.754
=-0.88

China New Energy's current Enterprise Value is HK$104.26 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China New Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.75 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 New Energy  (HKSE:01156) 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) %.

China New Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-118.754/103.417634
=-114.83 %

China New Energy's Enterprise Value for the quarter that ended in Dec. 2023 was HK$103.42 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China New Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.75 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 New Energy EV-to-EBIT Related Terms

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


China New Energy (HKSE:01156) Business Description

Traded in Other Exchanges
Address
No. 80, Lanyue Road, Unit 210, 2nd Floor, Science City, Comprehensive Service Building Science & Technology Innovation Base, Guangzhou High-tech Industrial Development Zone,, Guangzhou, CHN, 510640
China New Energy Ltd is a provider of bioenergy technology solutions. The Group is engaged in the provision of ethanol production system technology integrated services in the ethanol fuel and alcoholic beverage industries The company offers technology services to two industries: Ethanol fuel construction services and Alcoholic beverage construction services. It generates maximum revenue from the Ethanol fuel construction services streams. Geographically, it derives a majority of revenue from the PRC and also has a presence in Canada, Russia, Thailand, and Myanmar.
Executives
Best Full Investments Limited 2101 Beneficial owner
Han Jing 2202 Interest of your spouse
Liang Hongtao 2201 Interest of corporation controlled by you
Tang Zhaoxing 2201 Interest of corporation controlled by you
Zeng Fanghua 2202 Interest of your spouse
Tonzest Capital Holding Limited 2101 Beneficial owner
Tan Fengqiao 2202 Interest of your spouse
Yu Weijun 2101 Beneficial owner
Tewin Capital Holding Limited 2101 Beneficial owner
Chen Wan Ling 2201 Interest of corporation controlled by you
Kapok Capital Management Limited 2101 Beneficial owner
Jiang Xinchun 2101 Beneficial owner
Wang Yan 2202 Interest of your spouse
Jojo Global Investment Limited 2101 Beneficial owner

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