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Hongda Xingye Co (SZSE:002002) EV-to-EBIT : -11.37 (As of Jun. 22, 2024)


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What is Hongda Xingye Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hongda Xingye Co's Enterprise Value is ¥7,624 Mil. Hongda Xingye Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-671 Mil. Therefore, Hongda Xingye Co's EV-to-EBIT for today is -11.37.

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

SZSE:002002' s EV-to-EBIT Range Over the Past 10 Years
Min: -60.41   Med: 15.75   Max: 129.61
Current: -11.37

During the past 13 years, the highest EV-to-EBIT of Hongda Xingye Co was 129.61. The lowest was -60.41. And the median was 15.75.

SZSE:002002's EV-to-EBIT is not ranked
in the Chemicals industry.
Industry Median: 17.585 vs SZSE:002002: -11.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hongda Xingye Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥11,636 Mil. Hongda Xingye Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-671 Mil. Hongda Xingye Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -5.76%.


Hongda Xingye Co EV-to-EBIT Historical Data

The historical data trend for Hongda Xingye 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.

Hongda Xingye Co EV-to-EBIT Chart

Hongda Xingye Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 12.54 10.43 17.22 24.28

Hongda Xingye Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 62.32 24.28 26.95 -58.34 -17.35

Competitive Comparison of Hongda Xingye Co's EV-to-EBIT

For the Specialty Chemicals subindustry, Hongda Xingye 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.


Hongda Xingye Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hongda Xingye Co's EV-to-EBIT distribution charts can be found below:

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



Hongda Xingye Co EV-to-EBIT Calculation

Hongda Xingye Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7623.791/-670.554
=-11.37

Hongda Xingye Co's current Enterprise Value is ¥7,624 Mil.
Hongda Xingye Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-671 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.


Hongda Xingye Co  (SZSE:002002) 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) %.

Hongda Xingye Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-670.554/11635.871
=-5.76 %

Hongda Xingye Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥11,636 Mil.
Hongda Xingye Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-671 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.


Hongda Xingye Co EV-to-EBIT Related Terms

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Hongda Xingye Co (SZSE:002002) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Guangzhou Circle Road, Guangzhou Circle, 28th Floor, Guangzhou, CHN, 510385
Hongda Xingye Co Ltd is a Chinese chemical resource company. It is engaged in the manufacture and sale of chemical products. The business areas of the company are New materials, Environmental protection, and Electronic trading. It offers products like soil conditioner, desulfurizer; environmental modification engineering services such as soil remediation, desulfuration, and denitration; PVC new materials like PVC, modified PVC, PVC building formwork, PVC pharmaceutical packaging material, PVC ecological houses; rare earth new materials such as rare earth heat stabilizer and rare earth catalyst. In addition, the company also provide services of the business to business e-commerce, comprehensive logistics, technical support for large spot industrial raw materials.
Executives
Chen Yong Supervisors
Liao Rui Hao Independent director
Zhou Yi Feng Directors, executives
Lin Shao Han Secretary, Director
Liu Dong Sheng Independent director
Wang Yu Yue Directors, executives
Yu Jing Securities Affairs Representative
Huang Ze Jun Executives
Ni Bao Zhu Executives
Fan Yu Ren Director

Hongda Xingye Co (SZSE:002002) Headlines

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