Company Valuation: Cashway Fintech Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,887 3,170 2,681 4,518 4,096 5,564
Change - 9.81% -15.44% 68.54% -9.33% 35.83%
Enterprise Value (EV) 1 1,824 2,172 1,777 3,665 3,189 4,780
Change - 19.11% -18.2% 106.25% -12.99% 49.9%
P/E 90.2x 152x -17.8x -21.7x 98.4x 178x
PBR 1.77x 1.95x 1.82x 3.57x 3.14x 4.21x
PEG - -4.3x 0x -0.6x -1x -7.1x
Capitalization / Revenue 3.13x 4.43x 4.58x 10.6x 9.36x 15.3x
EV / Revenue 1.97x 3.04x 3.04x 8.59x 7.29x 13.2x
EV / EBITDA 132x -91.4x -11x -19.8x 705x 89.9x
EV / EBIT -1,968x -50.9x -9.87x -18.1x -232x 137x
EV / FCF -12.1x -32.9x 3,485x 32.2x 44.9x -93.8x
FCF Yield -8.24% -3.04% 0.03% 3.11% 2.23% -1.07%
Dividend per Share 2 0.0462 - - - 0.03 0.02
Rate of return 0.83% - - - 0.38% 0.19%
EPS 2 0.0615 0.04 -0.29 -0.4 0.08 0.06
Distribution rate 75.1% - - - 37.5% 33.3%
Net sales 1 923.7 715 585.1 426.7 437.5 363.3
EBITDA 1 13.85 -23.77 -161.7 -185 4.52 53.18
EBIT 1 -0.9266 -42.68 -180 -202.8 -13.77 34.96
Net income 1 32.43 19.02 -152.1 -208 40.12 31.16
Net Debt 1 -1,063 -997.6 -903.6 -852.9 -907.5 -784.2
Reference price 2 5.546 6.090 5.150 8.680 7.870 10.690
Nbr of stocks (in thousands) 520,521 520,520 520,520 520,520 520,520 520,520
Announcement Date 4/27/21 4/25/22 4/25/23 4/25/24 4/24/25 4/27/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 544M
20.35x1.71x13.5x0.51% 314B
6.46x3.48x4.32x-.--% 206B
17.94x7.71x13.81x0.43% 161B
16.3x6.79x12.11x0.16% 148B
21.61x2.01x10.3x0.94% 80.09B
142.17x8.82x38.87x-.--% 46.19B
28.82x5.18x15.69x0.94% 43.93B
12.31x0.37x10.5x5.76% 39.2B
30.93x5.44x18.54x1.36% 38.89B
Average 32.99x 4.61x 15.29x 1.12% 107.74B
Weighted average by Cap. 22.53x 4.20x 12.61x 0.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cashway Fintech Co.,Ltd.

Historical PBR trend

Valuation ratios - PBR - Cashway Fintech Co.,Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cashway Fintech Co.,Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cashway Fintech Co.,Ltd.

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