What is China Rongzhong Financial Holdings 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.
* 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.
China Rongzhong Financial Holdings Co Enterprise Value Chart
Competitive Comparison of China Rongzhong Financial Holdings Co's Enterprise Value
For the Credit Services subindustry, China Rongzhong Financial Holdings 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.
China Rongzhong Financial Holdings Co's Enterprise Value Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, China Rongzhong Financial Holdings Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Rongzhong Financial Holdings Co's Enterprise Value falls into.
China Rongzhong Financial Holdings 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.
* 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.
China Rongzhong Financial Holdings Co (HKSE:03963) 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.
China Rongzhong Financial Holdings Co's EV-to-EBIT for today is
China Rongzhong Financial Holdings Co's current Enterprise Value is HK$244.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Rongzhong Financial Holdings Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-80.33 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Rongzhong Financial Holdings Co's EV-to-EBITDA for today is:
China Rongzhong Financial Holdings Co's current Enterprise Value is HK$244.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Rongzhong Financial Holdings Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-80.33 Mil.
China Rongzhong Financial Holdings Co's current Enterprise Value is HK$244.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Rongzhong Financial Holdings Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$88.52 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.
China Rongzhong Financial Holdings Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of China Rongzhong Financial Holdings Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
China Rongzhong Financial Holdings Co (HKSE:03963) Business Description
China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating lease; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:03963 has been successfully added to your 