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, Xinyi Energy Holdings's Enterprise Value is HK$15,805 Mil.
Xinyi Energy Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,660 Mil. Therefore, Xinyi Energy Holdings's EV-to-EBIT ratio for today is 9.52.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Xinyi Energy Holdings's Enterprise Value is HK$15,805 Mil.
Xinyi Energy Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,660 Mil. Therefore, Xinyi Energy Holdings's EV-to-EBITDA ratio for today is 9.52.
Xinyi Energy Holdings Enterprise Value Historical Data
The historical data trend for Xinyi Energy 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 Xinyi Energy Holdings's Enterprise Value
For the Utilities - Renewable subindustry, Xinyi Energy 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.
Xinyi Energy Holdings's Enterprise Value Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Xinyi Energy Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Xinyi Energy Holdings's Enterprise Value falls into.
Xinyi Energy 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.
Xinyi Energy Holdings's Enterprise Value for the fiscal year 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.
Xinyi Energy Holdings (HKSE:03868) 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.
Xinyi Energy Holdings's current Enterprise Value is HK$15,805 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Energy Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,660 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Xinyi Energy Holdings's EV-to-EBITDA for today is:
Xinyi Energy Holdings's current Enterprise Value is HK$15,805 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Energy Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,660 Mil.
Xinyi Energy Holdings's current Enterprise Value is HK$15,805 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Energy Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,517 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.
Xinyi Energy Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Xinyi Energy Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinyi Energy Holdings (HKSE:03868) Business Description
Listed in May 2019, Xinyi Energy is a spinoff from its holding company Xinyi Solar, and engages in solar farm operations in China. The company owns a portfolio of utility-scale ground-mounted solar farm projects, with total approved capacity of 3,014 megawatts by the end of 2022. Parent Xinyi Solar, a leading solar glass manufacturer and solar farm developer, retains about a 49% stake in Xinyi Energy.
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