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Zhejiang Renzhi Co (SZSE:002629) EV-to-EBIT : -33.11 (As of May. 25, 2024)


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What is Zhejiang Renzhi Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Renzhi Co's Enterprise Value is ¥952.1 Mil. Zhejiang Renzhi Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-28.8 Mil. Therefore, Zhejiang Renzhi Co's EV-to-EBIT for today is -33.11.

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

SZSE:002629' s EV-to-EBIT Range Over the Past 10 Years
Min: -2392.04   Med: -2.05   Max: 1188.71
Current: -32.81

During the past 13 years, the highest EV-to-EBIT of Zhejiang Renzhi Co was 1188.71. The lowest was -2392.04. And the median was -2.05.

SZSE:002629's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.035 vs SZSE:002629: -32.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Renzhi Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,213.1 Mil. Zhejiang Renzhi Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-28.8 Mil. Zhejiang Renzhi Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.37%.


Zhejiang Renzhi Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Renzhi 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.

Zhejiang Renzhi Co EV-to-EBIT Chart

Zhejiang Renzhi 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 30.12 -110.88 -107.91 100.17 -51.02

Zhejiang Renzhi 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 180.86 -2,097.49 -83.50 -51.02 -42.19

Competitive Comparison of Zhejiang Renzhi Co's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, Zhejiang Renzhi 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.


Zhejiang Renzhi Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhejiang Renzhi Co's EV-to-EBIT distribution charts can be found below:

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



Zhejiang Renzhi Co EV-to-EBIT Calculation

Zhejiang Renzhi Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=952.100/-28.753
=-33.11

Zhejiang Renzhi Co's current Enterprise Value is ¥952.1 Mil.
Zhejiang Renzhi 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 ¥-28.8 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.


Zhejiang Renzhi Co  (SZSE:002629) 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) %.

Zhejiang Renzhi 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 )
=-28.753/1213.14236
=-2.37 %

Zhejiang Renzhi Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,213.1 Mil.
Zhejiang Renzhi 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 ¥-28.8 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.


Zhejiang Renzhi Co EV-to-EBIT Related Terms

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Zhejiang Renzhi Co (SZSE:002629) Business Description

Traded in Other Exchanges
N/A
Address
2180 Binhai 6th Road, Room 108, Building 1, Wenzhou Economic and Technological Development Zone, Wenzhou, CHN, 200135
Zhejiang Renzhi Co Ltd is engaged in the oil service industry which include providing professional services like oil and gas drilling engineering field, oilfield special equipment inspection and maintenance technology.
Executives
Tian Lin Securities Affairs Representative
Wang Hao Directors, executives
Xiong Hai He Supervisors
Zhang Jun Directors, executives
Feng Pin Directors, executives
Wang Jian Jun Director
Yang Liao Directors, executives
Li Yuan En Directors, executives
Liu Hui Qin Supervisors
Ceng Chang Hua Supervisors

Zhejiang Renzhi Co (SZSE:002629) Headlines

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