China XD Plastics Co Ltd EBITDA margin
What is the EBITDA margin of China XD Plastics Co Ltd?
The EBITDA margin of China XD Plastics Co Ltd is 12.65%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Consumer Discretionary sector on NASDAQ compared to China XD Plastics Co Ltd
What does China XD Plastics Co Ltd do?
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of September 30, 2020, 644 of the Company's products have been certified for use by one or more of the automobile manufacturers in China.
Companies with ebitda margin similar to China XD Plastics Co Ltd
- Anant Raj has EBITDA margin of 12.62%
- LANXESS AG has EBITDA margin of 12.63%
- Jindal Stainless has EBITDA margin of 12.63%
- PRGX Global Inc has EBITDA margin of 12.63%
- Mitsui Mining & Smelting Co has EBITDA margin of 12.63%
- Shaver Shop has EBITDA margin of 12.64%
- China XD Plastics Co Ltd has EBITDA margin of 12.65%
- Daktronics has EBITDA margin of 12.65%
- V-Mart Retail has EBITDA margin of 12.65%
- Applus Services Sa has EBITDA margin of 12.66%
- GAIL (India) has EBITDA margin of 12.66%
- Australian Vintage Ltd has EBITDA margin of 12.66%
- Tokyo Gas Co has EBITDA margin of 12.66%