GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Hangmin Co Ltd (SHSE:600987) » Definitions » EV-to-EBIT

Zhejiang Hangmin Co (SHSE:600987) EV-to-EBIT : 4.67 (As of May. 17, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Zhejiang Hangmin Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Hangmin Co's Enterprise Value is ¥4,429 Mil. Zhejiang Hangmin Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥948 Mil. Therefore, Zhejiang Hangmin Co's EV-to-EBIT for today is 4.67.

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

SHSE:600987' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.06   Med: 6.84   Max: 16.68
Current: 4.34

During the past 13 years, the highest EV-to-EBIT of Zhejiang Hangmin Co was 16.68. The lowest was 3.06. And the median was 6.84.

SHSE:600987's EV-to-EBIT is ranked better than
88.11% of 816 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.665 vs SHSE:600987: 4.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Hangmin Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,268 Mil. Zhejiang Hangmin Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥948 Mil. Zhejiang Hangmin Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.21%.


Zhejiang Hangmin Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Hangmin 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 Hangmin Co EV-to-EBIT Chart

Zhejiang Hangmin 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 4.89 5.15 3.92 5.47 6.48

Zhejiang Hangmin 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 6.52 6.44 5.40 6.48 4.50

Competitive Comparison of Zhejiang Hangmin Co's EV-to-EBIT

For the Textile Manufacturing subindustry, Zhejiang Hangmin 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 Hangmin Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Hangmin Co's EV-to-EBIT distribution charts can be found below:

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



Zhejiang Hangmin Co EV-to-EBIT Calculation

Zhejiang Hangmin Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4429.074/948.001
=4.67

Zhejiang Hangmin Co's current Enterprise Value is ¥4,429 Mil.
Zhejiang Hangmin 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 ¥948 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 Hangmin Co  (SHSE:600987) 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 Hangmin 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 )
=948.001/4268.0066
=22.21 %

Zhejiang Hangmin Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,268 Mil.
Zhejiang Hangmin 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 ¥948 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 Hangmin Co EV-to-EBIT Related Terms

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


Zhejiang Hangmin Co (SHSE:600987) Business Description

Traded in Other Exchanges
N/A
Address
Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241
Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.

Zhejiang Hangmin Co (SHSE:600987) Headlines

No Headlines