Company Valuation: Grand Industrial Holding Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 7,671 12,652 4,742 3,698 2,913 4,018
Change - 64.94% -62.52% -22.01% -21.23% 37.91%
Enterprise Value (EV) 1 4,858 9,433 2,683 2,674 222.1 1,978
Change - 94.19% -71.55% -0.35% -91.69% 790.53%
P/E -67.3x 57.8x 40.7x -9.86x -9.75x -30.5x
PBR 2.91x 4.39x 1.57x 1.4x 1.24x 1.87x
PEG - -0x -0.9x 0x 0.5x 0.5x
Capitalization / Revenue 0.13x 0.16x 0.06x 0.04x 0.03x 0.05x
EV / Revenue 0.08x 0.12x 0.03x 0.03x 0x 0.03x
EV / EBITDA 43.6x 32.7x -43.8x -16.1x -27.9x 164x
EV / EBIT 50.3x 35.7x -24.5x -10.4x -2.52x -33.9x
EV / FCF 13x 12.4x -3.5x -4.49x 0.15x -2.92x
FCF Yield 7.67% 8.05% -28.6% -22.3% 672% -34.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.21 0.43 0.23 -0.74 -0.59 -0.26
Distribution rate - - - - - -
Net sales 1 59,041 81,562 82,008 86,295 88,074 75,050
EBITDA 1 111.4 288.5 -61.23 -165.7 -7.966 12.04
EBIT 1 96.63 264.1 -109.7 -255.9 -87.99 -58.43
Net income 1 -113.2 222.1 114.6 -377.3 -301.8 -133.6
Net Debt 1 -2,813 -3,219 -2,059 -1,024 -2,691 -2,039
Reference price 2 14.130 24.860 9.360 7.300 5.750 7.930
Nbr of stocks (in thousands) 542,875 508,940 506,627 506,627 506,627 506,627
Announcement Date 4/23/21 3/25/22 4/24/23 4/25/24 4/24/25 4/23/26
1CNY in Million2CNY
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 715M
14.97x1.03x15.9x2.52% 115B
15.61x1.21x15.08x2.02% 97.59B
14.4x1.26x20.19x2.72% 91.17B
12.98x1.53x16.63x2.24% 55.27B
13.43x1.16x18.75x2.36% 52.88B
16.38x0.65x9.72x1.71% 45.59B
21.83x1.23x11.41x0.88% 43.56B
60.54x3.33x21.74x0.03% 42.1B
18.31x0.9x9.22x2.95% 11.54B
Average 20.94x 1.37x 15.40x 1.94% 55.55B
Weighted average by Cap. 18.83x 1.32x 16.25x 2.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Grand Industrial Holding Co.,Ltd
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