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Jiangsu LiXing General Steel Ball Co (SZSE:300421) EV-to-EBIT : 39.48 (As of May. 27, 2024)


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What is Jiangsu LiXing General Steel Ball Co EV-to-EBIT?

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 for today is 39.48.

The historical rank and industry rank for Jiangsu LiXing General Steel Ball Co's EV-to-EBIT or its related term are showing as below:

SZSE:300421' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.15   Med: 37.79   Max: 158.86
Current: 39.48

During the past 13 years, the highest EV-to-EBIT of Jiangsu LiXing General Steel Ball Co was 158.86. The lowest was 9.15. And the median was 37.79.

SZSE:300421's EV-to-EBIT is ranked worse than
90.4% of 500 companies
in the Steel industry
Industry Median: 11.6 vs SZSE:300421: 39.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jiangsu LiXing General Steel Ball Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,741 Mil. Jiangsu LiXing General Steel Ball Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥75 Mil. Jiangsu LiXing General Steel Ball Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.75%.


Jiangsu LiXing General Steel Ball Co EV-to-EBIT Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co EV-to-EBIT Chart

Jiangsu LiXing General Steel Ball Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.56 21.44 51.71 40.28 53.23

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
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 40.33 45.54 31.08 53.23 36.40

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's EV-to-EBIT

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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.


Jiangsu LiXing General Steel Ball Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's EV-to-EBIT falls into.



Jiangsu LiXing General Steel Ball Co EV-to-EBIT Calculation

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

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.

* 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) 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) %.

Jiangsu LiXing General Steel Ball Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=75.323/2741.4882
=2.75 %

Jiangsu LiXing General Steel Ball Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,741 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.

* 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 EV-to-EBIT 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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