Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jiu Rong Holdings's Enterprise Value is HK$848.6 Mil.
Jiu Rong Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-14.6 Mil. Therefore, Jiu Rong Holdings's EV-to-EBIT ratio for today is -58.31.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Jiu Rong Holdings's Enterprise Value is HK$848.6 Mil.
Jiu Rong Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-14.6 Mil. Therefore, Jiu Rong Holdings's EV-to-EBITDA ratio for today is -58.31.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Jiu Rong Holdings's Enterprise Value is HK$848.6 Mil.
Jiu Rong Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$791.3 Mil. Therefore, Jiu Rong Holdings's EV-to-Revenue ratio for today is 1.07.
Jiu Rong Holdings Enterprise Value Historical Data
The historical data trend for Jiu Rong Holdings's Enterprise Value 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.
Competitive Comparison of Jiu Rong Holdings's Enterprise Value
For the Consumer Electronics subindustry, Jiu Rong Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Jiu Rong Holdings's Enterprise Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Jiu Rong Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Jiu Rong Holdings's Enterprise Value falls into.
Jiu Rong Holdings Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Jiu Rong Holdings's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Jiu Rong Holdings (HKSE:02358) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Jiu Rong Holdings's current Enterprise Value is HK$848.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jiu Rong Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-14.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Jiu Rong Holdings's current Enterprise Value is HK$848.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jiu Rong Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-14.6 Mil.
Jiu Rong Holdings's current Enterprise Value is HK$848.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jiu Rong Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$791.3 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.
Jiu Rong Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Jiu Rong Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiu Rong Holdings (HKSE:02358) Business Description
Jiu Rong Holdings Ltd is an investment holding company. Its Digital Video business segment, which is the key revenue driver, carries out the manufacturing and sales of digital television (TV), high definition liquid crystal display TV, and set-top boxes as well as provision of application of solutions regarding the integration of telecommunication, TV, and internet in the digital audiovisual industry. The other segments of the group are the New energy vehicles business; Cloud Ecological Big Data Business; Properties development, Properties investment and, General Trading. The group has a business presence in the PRC, Hong Kong, and Cuba, of which a majority of revenue is generated from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02358 has been successfully added to your 