Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | -23.0x - -25.4x | -24.2x |
| Selected Fwd EBIT Multiple | 6.0x - 6.6x | 6.3x |
| Fair Value | ¥11.70 - ¥12.97 | ¥12.33 |
| Upside | 23.6% - 37.1% | 30.4% |
| Benchmarks | Ticker | Full Ticker |
| Kale Environment Technology (Shanghai) Co., Ltd. | 301070 | SZSE:301070 |
| Zhejiang TongLi Transmission Technology Co., Ltd. | 301255 | SZSE:301255 |
| Hunan SUND Technological Corporation | 301548 | SZSE:301548 |
| Siasun Robot&Automation Co.,Ltd. | 300024 | SZSE:300024 |
| Guangzhou Goaland Energy Conservation Tech. Co., Ltd. | 300499 | SZSE:300499 |
| Changsha DIALINE New Material Sci.&Tech. Co., Ltd. | 300700 | SZSE:300700 |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| 301070 | 301255 | 301548 | 300024 | 300499 | 300700 | ||
| SZSE:301070 | SZSE:301255 | SZSE:301548 | SZSE:300024 | SZSE:300499 | SZSE:300700 | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | NM- | 1.6% | 21.5% | NM- | NM- | NM- | |
| 3Y CAGR | NM- | -17.5% | 16.0% | NM- | NM- | NM- | |
| Latest Twelve Months | -274.3% | -22.8% | 7.2% | -403.2% | -69.7% | -288.8% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 8.0% | 15.3% | 19.8% | -15.7% | -0.1% | -5.5% | |
| Prior Fiscal Year | 4.8% | 14.3% | 20.8% | -2.1% | -10.2% | 15.6% | |
| Latest Fiscal Year | -7.7% | 12.1% | 22.5% | -4.8% | -11.4% | -46.1% | |
| Latest Twelve Months | -6.8% | 12.1% | 22.5% | -5.6% | -10.7% | -61.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 10.13x | 10.93x | 6.44x | 6.34x | 6.79x | 11.79x | |
| EV / LTM EBITDA | NA | 62.0x | 24.3x | -306.7x | -88.4x | -29.5x | |
| EV / LTM EBIT | -148.4x | 90.4x | 28.6x | -113.0x | -63.7x | -19.1x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | -148.4x | -63.7x | 90.4x | ||||
| Historical EV / LTM EBIT | -185.4x | -21.8x | 157.5x | ||||
| Selected EV / LTM EBIT | -23.0x | -24.2x | -25.4x | ||||
| (x) LTM EBIT | (201) | (201) | (201) | ||||
| (=) Implied Enterprise Value | 4,618 | 4,862 | 5,105 | ||||
| (-) Non-shareholder Claims * | (164) | (164) | (164) | ||||
| (=) Equity Value | 4,454 | 4,698 | 4,941 | ||||
| (/) Shares Outstanding | 388.4 | 388.4 | 388.4 | ||||
| Implied Value Range | 11.47 | 12.09 | 12.72 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 11.47 | 12.09 | 12.72 | 9.46 | |||
| Upside / (Downside) | 21.2% | 27.9% | 34.5% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 301070 | 301255 | 301548 | 300024 | 300499 | 300700 | |
| Enterprise Value | 3,260 | 5,060 | 3,303 | 25,941 | 4,964 | 3,838 | |
| (+) Cash & Short Term Investments | 350 | 0 | 1,022 | 2,124 | 64 | 314 | |
| (+) Investments & Other | 76 | 0 | 0 | 1,271 | 362 | 13 | |
| (-) Debt | (41) | 0 | 0 | (2,496) | (39) | (480) | |
| (-) Other Liabilities | 6 | 0 | (3) | (287) | (18) | (11) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 3,649 | 5,060 | 4,323 | 26,553 | 5,333 | 3,674 | |
| (/) Shares Outstanding | 64.6 | 108.8 | 87.0 | 1,565.6 | 305.2 | 388.4 | |
| Implied Stock Price | 56.53 | 46.51 | 49.69 | 16.96 | 17.47 | 9.46 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 56.53 | 46.51 | 49.69 | 16.96 | 17.47 | 9.46 | |
| 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 | |