| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 2466 | 2497 | 300390 | 2240 | 2192 | | 39EA | |
| SZSE:002466 | SZSE:002497 | SZSE:300390 | SZSE:002240 | SZSE:002192 | | BST:39EA | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 45.3% | 31.1% | 68.2% | 15.0% | 25.9% | | 45.8% | |
| 3Y CAGR | 132.1% | 54.1% | 99.8% | 14.9% | 45.9% | | 81.4% | |
| Latest Twelve Months | -65.1% | -39.6% | -47.6% | -42.4% | -63.9% | | -46.8% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 58.3% | 14.4% | 32.9% | 16.8% | 12.7% | | 20.1% | |
| Prior Fiscal Year | 83.1% | 38.4% | 60.3% | 3.1% | 43.0% | | 43.4% | |
| Latest Fiscal Year | 81.6% | -3.3% | 18.6% | -14.8% | 24.2% | | 1.1% | |
| Latest Twelve Months | 52.1% | -11.4% | 5.2% | -14.8% | 2.6% | | -16.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 2.15x | 1.39x | 2.22x | 2.75x | 7.75x | | 3.78x | |
| EV / LTM EBIT | 4.1x | -12.2x | 42.5x | -18.6x | 297.1x | | -22.5x | |
| Price / LTM Sales | 2.92x | 1.75x | 2.67x | 2.63x | 10.50x | | 3.03x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.39x | 2.22x | 7.75x | | | | | |
| Historical EV / LTM Revenue | 2.10x | 7.13x | 26.17x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 4.03x | 4.24x | 4.45x | | | | | |
| (x) LTM Revenue | 21,215 | 21,215 | 21,215 | | | | | |
| (=) Implied Enterprise Value | 85,469 | 89,967 | 94,465 | | | | | |
| (-) Non-shareholder Claims * | (15,842) | (15,842) | (15,842) | | | | | |
| (=) Equity Value | 69,626 | 74,125 | 78,623 | | | | | |
| (/) Shares Outstanding | 3,144.4 | 3,144.4 | 3,144.4 | | | | | |
| Implied Value Range | 22.14 | 23.57 | 25.00 | | | | | |
| FX Rate: CNY/EUR | 7.8 | 7.8 | 7.8 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 2.83 | 3.02 | 3.20 | | 2.64 | | | |
| Upside / (Downside) | 7.3% | 14.3% | 21.2% | | | | | |