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Fujian Highton Development Co (SHSE:603162) Enterprise Value : ¥8,647 Mil (As of May. 16, 2024)


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What is Fujian Highton Development 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. As of today, Fujian Highton Development Co's Enterprise Value is ¥8,647 Mil. Fujian Highton Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥219 Mil. Therefore, Fujian Highton Development Co's EV-to-EBIT ratio for today is 39.42.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fujian Highton Development Co's Enterprise Value is ¥8,647 Mil. Fujian Highton Development Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥219 Mil. Therefore, Fujian Highton Development Co's EV-to-EBITDA ratio for today is 39.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fujian Highton Development Co's Enterprise Value is ¥8,647 Mil. Fujian Highton Development Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,169 Mil. Therefore, Fujian Highton Development Co's EV-to-Revenue ratio for today is 3.99.


Fujian Highton Development Co Enterprise Value Historical Data

The historical data trend for Fujian Highton Development 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.

Fujian Highton Development Co Enterprise Value Chart

Fujian Highton Development Co Annual Data
Trend Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial - - - - 10,427.18

Fujian Highton Development Co Quarterly Data
Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 10,954.36 8,898.26 10,380.01 10,427.18 7,827.52

Competitive Comparison of Fujian Highton Development Co's Enterprise Value

For the Marine Shipping subindustry, Fujian Highton Development 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.


Fujian Highton Development Co's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fujian Highton Development Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fujian Highton Development Co's Enterprise Value falls into.



Fujian Highton Development 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.

Fujian Highton Development Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Fujian Highton Development Co's Enterprise Value for the quarter that ended in Mar. 2024 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.


Fujian Highton Development Co  (SHSE:603162) 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.

Fujian Highton Development Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8647.000/219.359
=39.42

Fujian Highton Development Co's current Enterprise Value is ¥8,647 Mil.
Fujian Highton Development 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 ¥219 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Fujian Highton Development Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8647.000/219.359
=39.42

Fujian Highton Development Co's current Enterprise Value is ¥8,647 Mil.
Fujian Highton Development Co's EBITDA 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 ¥219 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Fujian Highton Development Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8647.000/2168.939
=3.99

Fujian Highton Development Co's current Enterprise Value is ¥8,647 Mil.
Fujian Highton Development Co's Revenue 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 ¥2,169 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.


Fujian Highton Development Co Enterprise Value Related Terms

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Fujian Highton Development Co (SHSE:603162) Business Description

Traded in Other Exchanges
N/A
Address
Jinjingwan Business Operation Center, Room 1705-2, Floor 17, Building 3, Pingtan Comprehensive Experimental Zone, Fujian Province, CHN, 350401
Fujian Highton Development Co Ltd is mainly engaged in domestic coastal and international ocean shipping of dry bulk cargo.

Fujian Highton Development Co (SHSE:603162) Headlines

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