What is China Three Gorges Renewables (Group) 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.
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China Three Gorges Renewables (Group) Co Enterprise Value Chart
China Three Gorges Renewables (Group) Co Annual Data
Competitive Comparison of China Three Gorges Renewables (Group) Co's Enterprise Value
For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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 Three Gorges Renewables (Group) Co's Enterprise Value Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (Group) Co's Enterprise Value falls into.
China Three Gorges Renewables (Group) 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 Three Gorges Renewables (Group) Co (SHSE:600905) 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 Three Gorges Renewables (Group) Co's EV-to-EBIT for today is
China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥272,499 Mil.
China Three Gorges Renewables (Group) Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥12,542 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Three Gorges Renewables (Group) Co's EV-to-EBITDA for today is:
China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥272,499 Mil.
China Three Gorges Renewables (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥12,542 Mil.
China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥272,499 Mil.
China Three Gorges Renewables (Group) Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥25,695 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 Three Gorges Renewables (Group) Co Enterprise Value Related Terms
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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.
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