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Changshu Tongrun Auto Accessory Co (SHSE:603201) Enterprise Value : ¥2,669 Mil (As of Jun. 18, 2024)


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What is Changshu Tongrun Auto Accessory 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, Changshu Tongrun Auto Accessory Co's Enterprise Value is ¥2,669 Mil. Changshu Tongrun Auto Accessory Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥304 Mil. Therefore, Changshu Tongrun Auto Accessory Co's EV-to-EBIT ratio for today is 8.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Changshu Tongrun Auto Accessory Co's Enterprise Value is ¥2,669 Mil. Changshu Tongrun Auto Accessory Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥304 Mil. Therefore, Changshu Tongrun Auto Accessory Co's EV-to-EBITDA ratio for today is 8.77.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Changshu Tongrun Auto Accessory Co's Enterprise Value is ¥2,669 Mil. Changshu Tongrun Auto Accessory Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,781 Mil. Therefore, Changshu Tongrun Auto Accessory Co's EV-to-Revenue ratio for today is 0.96.


Changshu Tongrun Auto Accessory Co Enterprise Value Historical Data

The historical data trend for Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co Enterprise Value Chart

Changshu Tongrun Auto Accessory Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial - - - 1,977.66 2,689.07

Changshu Tongrun Auto Accessory Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 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 2,158.67 2,148.55 2,330.42 2,689.07 2,412.17

Competitive Comparison of Changshu Tongrun Auto Accessory Co's Enterprise Value

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co's Enterprise Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Enterprise Value falls into.



Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co  (SHSE:603201) 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.

Changshu Tongrun Auto Accessory Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2669.251/304.482
=8.77

Changshu Tongrun Auto Accessory Co's current Enterprise Value is ¥2,669 Mil.
Changshu Tongrun Auto Accessory 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 ¥304 Mil.

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

Changshu Tongrun Auto Accessory Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2669.251/304.482
=8.77

Changshu Tongrun Auto Accessory Co's current Enterprise Value is ¥2,669 Mil.
Changshu Tongrun Auto Accessory 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 ¥304 Mil.

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

Changshu Tongrun Auto Accessory Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2669.251/2781.097
=0.96

Changshu Tongrun Auto Accessory Co's current Enterprise Value is ¥2,669 Mil.
Changshu Tongrun Auto Accessory 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 ¥2,781 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.


Changshu Tongrun Auto Accessory Co Enterprise Value Related Terms

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Changshu Tongrun Auto Accessory Co (SHSE:603201) Business Description

Traded in Other Exchanges
N/A
Address
Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts and other automotive maintenance equipment and tools.
Executives
Directors, senior managers
Shi Xiao Ming Director
Zhu Wei Directors, senior managers
Wang Xiong Ping Directors, senior managers
Chen Jiang Directors, senior managers
Li Xue Jun senior management
Lu Xin Jun Director
Zhou Ke Shu senior management
Shen Min senior management

Changshu Tongrun Auto Accessory Co (SHSE:603201) Headlines

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