Er is iets misgegaan bij het laden van deze pagina.
Ons team heeft al een melding ontvangen, maar neem vooral contact op via de widget e-mailondersteuning als het probleem aanhoudt.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 10,0x - 11,1x | 10,6x |
| Selected Fwd Revenue Multiple | 8,1x - 9,0x | 8,6x |
| Fair Value | ¥26,05 - ¥28,78 | ¥27,42 |
| Upside | -24,8% - -16,9% | -20,9% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Ganzhou Yihao New Materials Co., Ltd. | 301176 | SZSE:301176 |
| Shanghai W-Ibeda High Tech.Group Co.,Ltd. | 688071 | SHSE:688071 |
| Sichuan Etrol Technologies Co., Ltd. | 300370 | SZSE:300370 |
| Shenzhen Emperor Technology Co., Ltd. | 300546 | SZSE:300546 |
| Xiamen Hongxin Electronics Technology Group Inc. | 300657 | SZSE:300657 |
| Zhengzhou Tiamaes Technology Co.,Ltd | 300807 | SZSE:300807 |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| 301176 | 688071 | 300370 | 300546 | 300657 | 300807 | |||
| SZSE:301176 | SHSE:688071 | SZSE:300370 | SZSE:300546 | SZSE:300657 | SZSE:300807 | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | 16.8% | 7.8% | -19.2% | -7.2% | 9.1% | -9.6% | ||
| 3Y CAGR | 15.0% | 10.3% | -9.3% | 0.7% | 9.6% | 0.6% | ||
| Latest Twelve Months | 8.6% | 22.4% | -1.9% | -10.7% | 78.3% | -39.9% | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | 4.5% | 11.3% | -28.6% | -0.2% | -4.5% | -15.0% | ||
| Prior Fiscal Year | 5.4% | 0.1% | -46.2% | 1.8% | -9.4% | -6.7% | ||
| Latest Fiscal Year | -3.3% | -14.9% | -20.5% | -10.4% | -10.6% | -29.9% | ||
| Latest Twelve Months | -2.5% | -14.9% | -17.2% | -5.0% | -0.1% | -39.7% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 2.30x | 9.35x | 11.16x | 6.10x | 3.29x | 13.61x | ||
| EV / LTM EBIT | -90.1x | -62.9x | -64.9x | -121.5x | -5974.2x | -34.3x | ||
| Price / LTM Sales | 2.23x | 7.26x | 10.10x | 7.31x | 2.99x | 13.53x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 2.30x | 6.10x | 11.16x | |||||
| Historical EV / LTM Revenue | 4.65x | 7.35x | 8.94x | |||||
| Selected EV / LTM Revenue | 10.05x | 10.58x | 11.11x | |||||
| (x) LTM Revenue | 174 | 174 | 174 | |||||
| (=) Implied Enterprise Value | 1,751 | 1,843 | 1,935 | |||||
| (-) Non-shareholder Claims * | 2 | 2 | 2 | |||||
| (=) Equity Value | 1,752 | 1,845 | 1,937 | |||||
| (/) Shares Outstanding | 68.0 | 68.0 | 68.0 | |||||
| Implied Value Range | 25.76 | 27.11 | 28.46 | |||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 25.76 | 27.11 | 28.46 | 34.65 | ||||
| Upside / (Downside) | -25.7% | -21.8% | -17.9% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 301176 | 688071 | 300370 | 300546 | 300657 | 300807 | |
| Enterprise Value | 3,109 | 4,020 | 5,184 | 2,766 | 17,997 | 2,356 | |
| (+) Cash & Short Term Investments | 451 | 104 | 80 | 555 | 391 | 52 | |
| (+) Investments & Other | 0 | 0 | 19 | 0 | 28 | 15 | |
| (-) Debt | (546) | (1,000) | (509) | (8) | (1,720) | (66) | |
| (-) Other Liabilities | 0 | 0 | (62) | (0) | (336) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 3,014 | 3,125 | 4,712 | 3,313 | 16,361 | 2,358 | |
| (/) Shares Outstanding | 165.8 | 84.7 | 1,565.4 | 185.5 | 481.6 | 68.0 | |
| Implied Stock Price | 18.18 | 36.88 | 3.01 | 17.86 | 33.97 | 34.65 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 18.18 | 36.88 | 3.01 | 17.86 | 33.97 | 34.65 | |
| Trading Currency | CNY | CNY | CNY | CNY | CNY | CNY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |