Hong Kong Finance Investment Enterprise value
What is the Enterprise value of Hong Kong Finance Investment?
The Enterprise value of Hong Kong Finance Investment Holding Group Limited is $110.64M
What is the definition of Enterprise value?
Enterprise value is a measure of a company’s total market value. It is calculated as market capitalization with debt, minority interest, and preferred shares minus total cash and cash equivalents.
ttm (trailing twelve months)
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Enterprise value of companies in the Technology sector on HKSE compared to Hong Kong Finance Investment
What does Hong Kong Finance Investment do?
Wisdom Wealth Resources Investment Holding Group Limited, an investment holding company, engages in the trading, mineral mining, oil and gas, financial, and property investment businesses in Hong Kong and the People's Republic of China. It trades in electronic products and equipment; explores for and produces oil and gas; and trades in natural resources. The company also offers financial services, including stockbroking, futures and options broking, mutual funds, and insurance-linked investment plans; money lending services; and corporate finance advisory and securities margin financing services. In addition, it holds, invests in, and rents properties. Further, the company owns 7 oil fields with a total area of 12,652 square kilometers in the Arab Republic of Egypt, Tunisia, and Madagascar. Wisdom Wealth Resources Investment Holding Group Limited was formerly known as Hong Kong Finance Investment Holding Group Limited and changed its name to Wisdom Wealth Resources Investment Holding Group Limited in May 2021. The company is headquartered in Sheung Wan, Hong Kong.
Companies with enterprise value similar to Hong Kong Finance Investment
- Argentex Plc has Enterprise value of $110.14M
- Jilin Province Chuncheng Heating has Enterprise value of $110.15M
- Diversicare Healthcare Services Inc has Enterprise value of $110.17M
- Zhongtian International has Enterprise value of $110.51M
- Navigator Global Investments has Enterprise value of $110.64M
- Kropz plc has Enterprise value of $110.64M
- Hong Kong Finance Investment has Enterprise value of $110.64M
- OnMobile Global has Enterprise value of $110.72M
- ISDN has Enterprise value of $110.76M
- PureK has Enterprise value of $110.78M
- China Renewable Investment has Enterprise value of $110.79M
- Eagle Pharmaceuticals Inc has Enterprise value of $110.81M
- Uniphos Enterprises has Enterprise value of $110.86M