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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) EV-to-EBIT : 11.11 (As of May. 11, 2024)


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What is Solax Power Network Technology (Zhejiang) Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Solax Power Network Technology (Zhejiang) Co's Enterprise Value is ¥7,400 Mil. Solax Power Network Technology (Zhejiang) Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥666 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT for today is 11.11.

The historical rank and industry rank for Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT or its related term are showing as below:

SHSE:688717' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.99   Med: 6.05   Max: 14.44
Current: 11.11

During the past 5 years, the highest EV-to-EBIT of Solax Power Network Technology (Zhejiang) Co was 14.44. The lowest was 4.99. And the median was 6.05.

SHSE:688717's EV-to-EBIT is ranked better than
77.74% of 665 companies
in the Semiconductors industry
Industry Median: 23.68 vs SHSE:688717: 11.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Solax Power Network Technology (Zhejiang) Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥9,432 Mil. Solax Power Network Technology (Zhejiang) Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥666 Mil. Solax Power Network Technology (Zhejiang) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.06%.


Solax Power Network Technology (Zhejiang) Co EV-to-EBIT Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co EV-to-EBIT Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - - -

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 - - - - 14.16

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT falls into.



Solax Power Network Technology (Zhejiang) Co EV-to-EBIT Calculation

Solax Power Network Technology (Zhejiang) Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7399.961/666.009
=11.11

Solax Power Network Technology (Zhejiang) Co's current Enterprise Value is ¥7,400 Mil.
Solax Power Network Technology (Zhejiang) 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 ¥666 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.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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) %.

Solax Power Network Technology (Zhejiang) 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 )
=666.009/9431.961
=7.06 %

Solax Power Network Technology (Zhejiang) Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥9,432 Mil.
Solax Power Network Technology (Zhejiang) 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 ¥666 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.


Solax Power Network Technology (Zhejiang) Co EV-to-EBIT Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Headlines

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