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Jinshang Bank Co (HKSE:02558) Enterprise Value : HK$-8,888 Mil (As of May. 22, 2024)


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What is Jinshang Bank Co Enterprise Value?

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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Jinshang Bank Co's Enterprise Value is HK$-8,888 Mil. Jinshang Bank Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,826 Mil. Therefore, Jinshang Bank Co's EV-to-Revenue ratio for today is -1.53.


Jinshang Bank Co Enterprise Value Historical Data

The historical data trend for Jinshang Bank Co'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.

* Premium members only.

Jinshang Bank Co Enterprise Value Chart

Jinshang Bank Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial 41,518.45 43,947.06 46,141.24 21,433.56 -9,296.74

Jinshang Bank Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46,141.24 18,066.69 21,433.56 1,387.77 -9,296.74

Competitive Comparison of Jinshang Bank Co's Enterprise Value

For the Banks - Regional subindustry, Jinshang Bank Co'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.


Jinshang Bank Co's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jinshang Bank Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Jinshang Bank Co's Enterprise Value falls into.



Jinshang Bank Co 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.

Jinshang Bank Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Jinshang Bank Co's Enterprise Value for the quarter that ended in Dec. 2023 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.


Jinshang Bank Co  (HKSE:02558) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Jinshang Bank Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-8888.032/5826.096
=-1.53

Jinshang Bank Co's current Enterprise Value is HK$-8,888 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jinshang Bank Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,826 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.


Jinshang Bank Co Enterprise Value Related Terms

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Jinshang Bank Co (HKSE:02558) Business Description

Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

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