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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Enterprise Value : ¥2,974 Mil (As of May. 27, 2024)


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What is Jiangsu LiXing General Steel Ball 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, Jiangsu LiXing General Steel Ball Co's Enterprise Value is ¥2,974 Mil. Jiangsu LiXing General Steel Ball Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥75 Mil. Therefore, Jiangsu LiXing General Steel Ball Co's EV-to-EBIT ratio for today is 39.48.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Jiangsu LiXing General Steel Ball Co's Enterprise Value is ¥2,974 Mil. Jiangsu LiXing General Steel Ball Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥75 Mil. Therefore, Jiangsu LiXing General Steel Ball Co's EV-to-EBITDA ratio for today is 39.48.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Jiangsu LiXing General Steel Ball Co's Enterprise Value is ¥2,974 Mil. Jiangsu LiXing General Steel Ball Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,009 Mil. Therefore, Jiangsu LiXing General Steel Ball Co's EV-to-Revenue ratio for today is 2.95.


Jiangsu LiXing General Steel Ball Co Enterprise Value Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co Enterprise Value Chart

Jiangsu LiXing General Steel Ball Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,656.93 1,723.57 5,425.29 2,896.84 3,911.80

Jiangsu LiXing General Steel Ball Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,031.99 3,653.96 2,869.51 3,911.80 2,741.49

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's Enterprise Value

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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.


Jiangsu LiXing General Steel Ball Co's Enterprise Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's Enterprise Value falls into.



Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu LiXing General Steel Ball 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.


Jiangsu LiXing General Steel Ball Co  (SZSE:300421) 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.

Jiangsu LiXing General Steel Ball Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2973.777/75.323
=39.48

Jiangsu LiXing General Steel Ball Co's current Enterprise Value is ¥2,974 Mil.
Jiangsu LiXing General Steel Ball 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 ¥75 Mil.

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

Jiangsu LiXing General Steel Ball Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2973.777/75.323
=39.48

Jiangsu LiXing General Steel Ball Co's current Enterprise Value is ¥2,974 Mil.
Jiangsu LiXing General Steel Ball 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 ¥75 Mil.

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

Jiangsu LiXing General Steel Ball Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2973.777/1008.633
=2.95

Jiangsu LiXing General Steel Ball Co's current Enterprise Value is ¥2,974 Mil.
Jiangsu LiXing General Steel Ball 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 ¥1,009 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.


Jiangsu LiXing General Steel Ball Co Enterprise Value Related Terms

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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Xingyuan Avenue, Rugao Town, Jiangsu Province, Rugao, Jiangsu, CHN, 226500
Jiangsu LiXing General Steel Ball Co Ltd is engaged in manufacturing of mechanical basic parts and auto parts. Its main products are high-precision bearing steel ball, precision non-sound steel ball, high-grade car special precision bearing steel ball, high-grade car wheel special steel ball, wind power generation special steel Balls.
Executives
Su Yin Jian Supervisors
Zhao Gao Ming Directors, executives
Wang Rong Directors, executives
Sha Xiao Jian Executives
Zhang Bang You Directors, executives
Chen Fang Executives
Wu Xiang Hui Supervisors
Tang Guo Hua Directors, executives
Shi Xiang Gui Directors, executives

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Headlines

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