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Shandong Hongyu Precision Machinery Co (SZSE:002890) EV-to-EBIT : 50.24 (As of Jun. 22, 2024)


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What is Shandong Hongyu Precision Machinery Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Hongyu Precision Machinery Co's Enterprise Value is ¥1,154.0 Mil. Shandong Hongyu Precision Machinery Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥23.0 Mil. Therefore, Shandong Hongyu Precision Machinery Co's EV-to-EBIT for today is 50.24.

The historical rank and industry rank for Shandong Hongyu Precision Machinery Co's EV-to-EBIT or its related term are showing as below:

SZSE:002890' s EV-to-EBIT Range Over the Past 10 Years
Min: 23.34   Med: 52.63   Max: 391.06
Current: 50.42

During the past 12 years, the highest EV-to-EBIT of Shandong Hongyu Precision Machinery Co was 391.06. The lowest was 23.34. And the median was 52.63.

SZSE:002890's EV-to-EBIT is ranked worse than
88.37% of 172 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.785 vs SZSE:002890: 50.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Hongyu Precision Machinery Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,432.3 Mil. Shandong Hongyu Precision Machinery Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥23.0 Mil. Shandong Hongyu Precision Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.60%.


Shandong Hongyu Precision Machinery Co EV-to-EBIT Historical Data

The historical data trend for Shandong Hongyu Precision Machinery 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.

Shandong Hongyu Precision Machinery Co EV-to-EBIT Chart

Shandong Hongyu Precision Machinery 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 175.65 50.38 51.63 59.83 74.73

Shandong Hongyu Precision Machinery 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 57.32 70.28 70.48 74.73 62.36

Competitive Comparison of Shandong Hongyu Precision Machinery Co's EV-to-EBIT

For the Farm & Heavy Construction Machinery subindustry, Shandong Hongyu Precision Machinery 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.


Shandong Hongyu Precision Machinery Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shandong Hongyu Precision Machinery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Hongyu Precision Machinery Co's EV-to-EBIT falls into.



Shandong Hongyu Precision Machinery Co EV-to-EBIT Calculation

Shandong Hongyu Precision Machinery Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1153.975/22.967
=50.24

Shandong Hongyu Precision Machinery Co's current Enterprise Value is ¥1,154.0 Mil.
Shandong Hongyu Precision Machinery 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 ¥23.0 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.


Shandong Hongyu Precision Machinery Co  (SZSE:002890) 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) %.

Shandong Hongyu Precision Machinery 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 )
=22.967/1432.30645
=1.60 %

Shandong Hongyu Precision Machinery Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,432.3 Mil.
Shandong Hongyu Precision Machinery 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 ¥23.0 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.


Shandong Hongyu Precision Machinery Co EV-to-EBIT Related Terms

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Shandong Hongyu Precision Machinery Co (SZSE:002890) Business Description

Traded in Other Exchanges
N/A
Address
3 Hongyu Road, Hutou Ya Economic and Technological Industrial Park, Shandong Province, Laizhou, CHN, 261400
Shandong Hongyu Precision Machinery Co Ltd is engaged in research & development, production and sales of tractor hydraulic lifts.
Executives
Ji Jun Sheng Supervisors
Li Chun Yu Executives
Liu Zhi Hong Directors, Directors, and Executives
Zhang Li Jie Executives
Liu Hai Xian Supervisors
Lv Gui Lin Executives
Zhang Zhi Guo Independent director

Shandong Hongyu Precision Machinery Co (SZSE:002890) Headlines

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