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ADD Industry (Zhejiang) (SHSE:603089) EV-to-EBIT : 19.14 (As of May. 25, 2024)


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What is ADD Industry (Zhejiang) EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ADD Industry (Zhejiang)'s Enterprise Value is ¥2,741 Mil. ADD Industry (Zhejiang)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥143 Mil. Therefore, ADD Industry (Zhejiang)'s EV-to-EBIT for today is 19.14.

The historical rank and industry rank for ADD Industry (Zhejiang)'s EV-to-EBIT or its related term are showing as below:

SHSE:603089' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.93   Med: 24.77   Max: 50.91
Current: 19.14

During the past 12 years, the highest EV-to-EBIT of ADD Industry (Zhejiang) was 50.91. The lowest was 9.93. And the median was 24.77.

SHSE:603089's EV-to-EBIT is ranked worse than
68.52% of 1061 companies
in the Vehicles & Parts industry
Industry Median: 12.41 vs SHSE:603089: 19.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ADD Industry (Zhejiang)'s Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,057 Mil. ADD Industry (Zhejiang)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥143 Mil. ADD Industry (Zhejiang)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.68%.


ADD Industry (Zhejiang) EV-to-EBIT Historical Data

The historical data trend for ADD Industry (Zhejiang)'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.

ADD Industry (Zhejiang) EV-to-EBIT Chart

ADD Industry (Zhejiang) 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 18.16 17.24 28.27 24.35 30.52

ADD Industry (Zhejiang) 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 33.90 29.08 31.97 30.52 21.35

Competitive Comparison of ADD Industry (Zhejiang)'s EV-to-EBIT

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang)'s EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s EV-to-EBIT falls into.



ADD Industry (Zhejiang) EV-to-EBIT Calculation

ADD Industry (Zhejiang)'s EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2740.788/143.174
=19.14

ADD Industry (Zhejiang)'s current Enterprise Value is ¥2,741 Mil.
ADD Industry (Zhejiang)'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 ¥143 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.


ADD Industry (Zhejiang)  (SHSE:603089) 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) %.

ADD Industry (Zhejiang)'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 )
=143.174/3056.53613
=4.68 %

ADD Industry (Zhejiang)'s Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,057 Mil.
ADD Industry (Zhejiang)'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 ¥143 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.


ADD Industry (Zhejiang) EV-to-EBIT Related Terms

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ADD Industry (Zhejiang) (SHSE:603089) Business Description

Traded in Other Exchanges
N/A
Address
38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Executives
Zheng Lian Ping Director
Liu Yong Director
Ye Wei Ming Supervisors
Chen Ling Hui Directors, senior managers
Zheng Nian Hui Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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