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Beijing Tongyizhong New Material Technology (SHSE:688722) EV-to-EBIT : 17.19 (As of Jun. 24, 2024)


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What is Beijing Tongyizhong New Material Technology EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Beijing Tongyizhong New Material Technology's Enterprise Value is ¥2,279.1 Mil. Beijing Tongyizhong New Material Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥132.6 Mil. Therefore, Beijing Tongyizhong New Material Technology's EV-to-EBIT for today is 17.19.

The historical rank and industry rank for Beijing Tongyizhong New Material Technology's EV-to-EBIT or its related term are showing as below:

SHSE:688722' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.81   Med: 19.57   Max: 41.95
Current: 17.19

During the past 7 years, the highest EV-to-EBIT of Beijing Tongyizhong New Material Technology was 41.95. The lowest was 11.81. And the median was 19.57.

SHSE:688722's EV-to-EBIT is ranked worse than
58.6% of 826 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.185 vs SHSE:688722: 17.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Beijing Tongyizhong New Material Technology's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,504.1 Mil. Beijing Tongyizhong New Material Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥132.6 Mil. Beijing Tongyizhong New Material Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.29%.


Beijing Tongyizhong New Material Technology EV-to-EBIT Historical Data

The historical data trend for Beijing Tongyizhong New Material Technology'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.

Beijing Tongyizhong New Material Technology EV-to-EBIT Chart

Beijing Tongyizhong New Material Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 41.91 17.23 17.62

Beijing Tongyizhong New Material Technology Quarterly Data
Dec17 Dec18 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 17.86 16.08 13.70 17.62 18.89

Competitive Comparison of Beijing Tongyizhong New Material Technology's EV-to-EBIT

For the Textile Manufacturing subindustry, Beijing Tongyizhong New Material Technology'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.


Beijing Tongyizhong New Material Technology's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Beijing Tongyizhong New Material Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Tongyizhong New Material Technology's EV-to-EBIT falls into.



Beijing Tongyizhong New Material Technology EV-to-EBIT Calculation

Beijing Tongyizhong New Material Technology's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2279.063/132.569
=17.19

Beijing Tongyizhong New Material Technology's current Enterprise Value is ¥2,279.1 Mil.
Beijing Tongyizhong New Material Technology'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 ¥132.6 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.


Beijing Tongyizhong New Material Technology  (SHSE:688722) 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) %.

Beijing Tongyizhong New Material Technology'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 )
=132.569/2504.0879
=5.29 %

Beijing Tongyizhong New Material Technology's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,504.1 Mil.
Beijing Tongyizhong New Material Technology'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 ¥132.6 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.


Beijing Tongyizhong New Material Technology EV-to-EBIT Related Terms

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Beijing Tongyizhong New Material Technology (SHSE:688722) Business Description

Traded in Other Exchanges
N/A
Address
Factory 901, No. 16, Zhonghe Street, Beijing Economic and Technological Development Zone, Beijing, CHN, 101102
Beijing Tongyizhong New Material Technology Corp is engaged in the research and development, production and sales of ultra-high molecular weight polyethylene fibers and their composite materials.

Beijing Tongyizhong New Material Technology (SHSE:688722) Headlines

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