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Zhejiang EV-Tech Co (SZSE:301607) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Zhejiang EV-Tech Co Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Zhejiang EV-Tech Co does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Zhejiang EV-Tech Co's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 5 years, the highest Price-to-Owner-Earnings ratio of Zhejiang EV-Tech Co was 693.26. The lowest was 0.00. And the median was 0.00.


SZSE:301607's Price-to-Owner-Earnings is not ranked *
in the Vehicles & Parts industry.
Industry Median: 15.17
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Zhejiang EV-Tech Co's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was ¥0.26. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥0.27. It's PE Ratio (TTM) ratio for today is 132.81.

Zhejiang EV-Tech Co's EPS without NRI for the three months ended in Sep. 2024 was ¥0.35. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was ¥0.39. It's PE Ratio without NRI ratio for today is 92.66.


Zhejiang EV-Tech Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for Zhejiang EV-Tech Co's Owner Earnings per Share (TTM) 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.

Zhejiang EV-Tech Co Owner Earnings per Share (TTM) Chart

Zhejiang EV-Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
- - - - 0.06

Zhejiang EV-Tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 - -

Competitive Comparison of Zhejiang EV-Tech Co's Owner Earnings per Share (TTM)

For the Auto Manufacturers subindustry, Zhejiang EV-Tech Co's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Zhejiang EV-Tech Co's Price-to-Owner-Earnings Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang EV-Tech Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Zhejiang EV-Tech Co's Price-to-Owner-Earnings falls into.



Zhejiang EV-Tech Co Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Zhejiang EV-Tech Co does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Zhejiang EV-Tech Co Owner Earnings per Share (TTM) Related Terms

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Zhejiang EV-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300
Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.

Zhejiang EV-Tech Co Headlines

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