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Jiangsu Changbao Steeltube Co (SZSE:002478) EV-to-EBIT : 2.94 (As of Jun. 13, 2024)


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What is Jiangsu Changbao Steeltube Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jiangsu Changbao Steeltube Co's Enterprise Value is ¥2,590 Mil. Jiangsu Changbao Steeltube Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥882 Mil. Therefore, Jiangsu Changbao Steeltube Co's EV-to-EBIT for today is 2.94.

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

SZSE:002478' s EV-to-EBIT Range Over the Past 10 Years
Min: -59.98   Med: 12.38   Max: 156.59
Current: 2.94

During the past 13 years, the highest EV-to-EBIT of Jiangsu Changbao Steeltube Co was 156.59. The lowest was -59.98. And the median was 12.38.

SZSE:002478's EV-to-EBIT is ranked better than
90.36% of 498 companies
in the Steel industry
Industry Median: 11.53 vs SZSE:002478: 2.94

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jiangsu Changbao Steeltube Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,699 Mil. Jiangsu Changbao Steeltube Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥882 Mil. Jiangsu Changbao Steeltube Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.83%.


Jiangsu Changbao Steeltube Co EV-to-EBIT Historical Data

The historical data trend for Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube Co EV-to-EBIT Chart

Jiangsu Changbao Steeltube 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 5.98 16.75 20.04 6.54 3.24

Jiangsu Changbao Steeltube 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 4.48 5.41 4.69 3.24 4.20

Competitive Comparison of Jiangsu Changbao Steeltube Co's EV-to-EBIT

For the Steel subindustry, Jiangsu Changbao Steeltube 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.


Jiangsu Changbao Steeltube Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Changbao Steeltube Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Changbao Steeltube Co's EV-to-EBIT falls into.



Jiangsu Changbao Steeltube Co EV-to-EBIT Calculation

Jiangsu Changbao Steeltube Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2590.002/881.536
=2.94

Jiangsu Changbao Steeltube Co's current Enterprise Value is ¥2,590 Mil.
Jiangsu Changbao Steeltube 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 ¥882 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.


Jiangsu Changbao Steeltube Co  (SZSE:002478) 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) %.

Jiangsu Changbao Steeltube 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 )
=881.536/3698.57456
=23.83 %

Jiangsu Changbao Steeltube Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,699 Mil.
Jiangsu Changbao Steeltube 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 ¥882 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.


Jiangsu Changbao Steeltube Co EV-to-EBIT Related Terms

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Jiangsu Changbao Steeltube Co (SZSE:002478) Business Description

Traded in Other Exchanges
N/A
Address
NO.21 Chang-qi ROAD, Changzhou, Jiangsu, CHN, 213018
Jiangsu Changbao Steeltube Co Ltd is a manufacturing service company specialized in the production of seamless tubes. The company offers OCTG products for the petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes.
Executives
Zhu Hong Zhang Director
Han Qiao Lin Directors, executives
Ding Wei Supervisors
Zhu Hai Rong Supervisors
Gao Huai Zhen Supervisors
Zhang Lan Yong Directors, executives
Cao Jian Director
Yao Wei Min Executives
Zhang Ming Hua Supervisors
Zhou Xu Dong Independent director
An Ning Securities Affairs Representative
Yuan Li Ping Supervisors
Zhou Jia Hua Directors, executives
Chen Pu An Director

Jiangsu Changbao Steeltube Co (SZSE:002478) Headlines

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