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China Three Gorges Renewables (Group) Co (SHSE:600905) EV-to-EBIT : 21.70 (As of Apr. 28, 2024)


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What is China Three Gorges Renewables (Group) Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Three Gorges Renewables (Group) Co's Enterprise Value is ¥272,213 Mil. China Three Gorges Renewables (Group) Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥12,542 Mil. Therefore, China Three Gorges Renewables (Group) Co's EV-to-EBIT for today is 21.70.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's EV-to-EBIT or its related term are showing as below:

SHSE:600905' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.92   Med: 22.15   Max: 28.48
Current: 21.7

During the past 13 years, the highest EV-to-EBIT of China Three Gorges Renewables (Group) Co was 28.48. The lowest was 14.92. And the median was 22.15.

SHSE:600905's EV-to-EBIT is ranked worse than
68.07% of 332 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.875 vs SHSE:600905: 21.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China Three Gorges Renewables (Group) Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥285,266 Mil. China Three Gorges Renewables (Group) Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥12,542 Mil. China Three Gorges Renewables (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.40%.


China Three Gorges Renewables (Group) Co EV-to-EBIT Historical Data

The historical data trend for China Three Gorges Renewables (Group) Co'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.

China Three Gorges Renewables (Group) Co EV-to-EBIT Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec08 Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 29.94 22.31

China Three Gorges Renewables (Group) Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT 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 21.27 22.31 22.05 23.07 22.74

Competitive Comparison of China Three Gorges Renewables (Group) Co's EV-to-EBIT

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co'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.


China Three Gorges Renewables (Group) Co's EV-to-EBIT 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 EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's EV-to-EBIT falls into.



China Three Gorges Renewables (Group) Co EV-to-EBIT Calculation

China Three Gorges Renewables (Group) Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=272213.255/12542.352
=21.70

China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥272,213 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.

* 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) 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) %.

China Three Gorges Renewables (Group) Co'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 )
=12542.352/285265.574
=4.40 %

China Three Gorges Renewables (Group) Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥285,266 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.

* 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 EV-to-EBIT Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
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.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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