Company Valuation: China Sandi

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,527 1,990 904.7 429.5 114.8 66.44
Change - -21.27% -54.53% -52.52% -73.28% -42.1%
Enterprise Value (EV) 1 11,361 11,380 8,712 7,921 7,349 7,025
Change - 0.16% -23.45% -9.08% -7.21% -4.42%
P/E 8.56x 40.5x 112x -0.92x -0.03x -0.12x
PBR 0.54x 0.41x 0.19x 0.1x 0.35x -0.38x
PEG - -0.5x -1.3x 0x -0x 0x
Capitalization / Revenue 0.78x 0.68x 0.26x 0.13x 0.06x 0.05x
EV / Revenue 3.52x 3.89x 2.53x 2.4x 3.54x 5.54x
EV / EBITDA 13.8x 28.5x 13.7x 118x -13.4x 86.4x
EV / EBIT 14x 29.2x 13.8x 137x -13.4x 87x
EV / FCF -2.88x 29.5x 3.92x 19.8x 22.9x 22.7x
FCF Yield -34.8% 3.38% 25.5% 5.06% 4.36% 4.41%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 11.61 1.93 0.3182 -18.26 -159.3 -21.31
Distribution rate - - - - - -
Net sales 1 3,225 2,928 3,449 3,303 2,078 1,268
EBITDA 1 824.3 398.6 635 67 -547 81.3
EBIT 1 814.4 390.2 629.1 57.74 -548.2 80.7
Net income 1 420.5 169.7 42.1 -464.6 -4,052 -542.1
Net Debt 1 8,834 9,390 7,807 7,491 7,234 6,958
Reference price 2 99.3606 78.2086 35.5594 16.8834 4.5105 2.6115
Nbr of stocks (in thousands) 25,436 25,441 25,441 25,441 25,441 25,441
Announcement Date 4/23/21 4/28/22 4/27/23 4/25/24 3/2/26 6/15/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
62.18x - - - 66.03B
13.85x4.5x12.11x3.66% 39.47B
5.64x0.74x1.53x8.73% 27.1B
8.14x1.45x8.09x4.36% 27.8B
17.19x3.87x15.55x1.43% 26.16B
13.08x3.01x14.39x2.67% 24.23B
9.12x3.35x7.67x-.--% 20.84B
10.08x1.97x8.13x4.17% 19.98B
7.83x0.87x3.16x2.85% 19.59B
Average 16.34x 2.47x 8.83x 3.48% 30.13B
Weighted average by Cap. 23.39x 2.62x 9.18x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - China Sandi

Historical PBR trend

Valuation ratios - PBR - China Sandi

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - China Sandi

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - China Sandi