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Greenland Technologies Holding (Greenland Technologies Holding) EV-to-EBIT

: 7.45 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Greenland Technologies Holding's Enterprise Value is $43.98 Mil. Greenland Technologies Holding's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $5.91 Mil. Therefore, Greenland Technologies Holding's EV-to-EBIT for today is 7.45.

The historical rank and industry rank for Greenland Technologies Holding's EV-to-EBIT or its related term are showing as below:

GTEC' s EV-to-EBIT Range Over the Past 10 Years
Min: -987.15   Med: 9.94   Max: 35.35
Current: 7.45

During the past 5 years, the highest EV-to-EBIT of Greenland Technologies Holding was 35.35. The lowest was -987.15. And the median was 9.94.

GTEC's EV-to-EBIT is ranked better than
81.45% of 2383 companies
in the Industrial Products industry
Industry Median: 16.07 vs GTEC: 7.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Greenland Technologies Holding's Enterprise Value for the quarter that ended in Sep. 2023 was $72.04 Mil. Greenland Technologies Holding's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $5.91 Mil. Greenland Technologies Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.20%.


Greenland Technologies Holding EV-to-EBIT Historical Data

The historical data trend for Greenland Technologies Holding's EV-to-EBIT 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.

Greenland Technologies Holding Annual Data
Trend Nov18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
- 13.30 13.14 13.09 7.71

Greenland Technologies Holding Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 7.25 7.71 7.50 7.08 12.20

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Greenland Technologies Holding's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Greenland Technologies Holding EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Greenland Technologies Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's EV-to-EBIT falls into.



Greenland Technologies Holding EV-to-EBIT Calculation

Greenland Technologies Holding's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=43.976/5.906
=7.45

Greenland Technologies Holding's current Enterprise Value is $43.98 Mil.
Greenland Technologies Holding'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 $5.91 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.


Greenland Technologies Holding  (NAS:GTEC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Greenland Technologies Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=5.906/72.04084
=8.20 %

Greenland Technologies Holding's Enterprise Value for the quarter that ended in Sep. 2023 was $72.04 Mil.
Greenland Technologies Holding'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 $5.91 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.


Greenland Technologies Holding EV-to-EBIT Related Terms

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Greenland Technologies Holding (Greenland Technologies Holding) Business Description

Traded in Other Exchanges
N/A
Address
50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512
Greenland Technologies Holding Corp is a developer of innovative and quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
Executives
Raymond Z Wang officer: CEO and President STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Peter Wang director, 10 percent owner
Jing Jin officer: Chief Financial Officer STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Ming Zhao director 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Bo Shen director 11-F, BUILDING 12, SUNKIN PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Charles Athle Nelson director 11-F, BUILDING 12, SUNKING PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Min Zhang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Everett Xiaolin Wang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Liu Yanming director, 10 percent owner SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Lei Chen officer: Chief Scientist STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Hong Liang Lu director C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Tao Tang director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Jerry Zheng officer: COO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006