Company Valuation: HiVi Acoustics Technology Co., Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,081 1,960 1,831 3,691 2,709 2,892
Change - -5.81% -6.59% 101.61% -26.61% 6.78%
Enterprise Value (EV) 1 1,834 1,813 1,647 3,520 2,492 2,703
Change - -1.15% -9.16% 113.76% -29.22% 8.5%
P/E 66.8x 77.1x -113x -628x 263x 140x
PBR 4.87x 4.5x 4.6x 9.4x 6.9x 7.54x
PEG - -4.2x 1x 9.9x -1x 1x
Capitalization / Revenue 7.84x 6.77x 8.09x 16.6x 9.99x 10.5x
EV / Revenue 6.9x 6.26x 7.28x 15.8x 9.19x 9.85x
EV / EBITDA 53.1x 51.3x -219x 1,689x 87.1x 131x
EV / EBIT 79.9x 81x -75.1x -336x 152x 319x
EV / FCF 125x -19.3x 26.6x -1,374x 53.2x -558x
FCF Yield 0.8% -5.18% 3.76% -0.07% 1.88% -0.18%
Dividend per Share 2 0.0667 - - 0.068 0.204 0.135
Rate of return 0.48% - - 0.27% 1.11% 0.69%
EPS 2 0.2083 0.17 -0.11 -0.04 0.07 0.14
Distribution rate 32% - - -170% 291% 96.4%
Net sales 1 265.6 289.5 226.3 223 271.2 274.4
EBITDA 1 34.56 35.31 -7.535 2.084 28.61 20.6
EBIT 1 22.94 22.37 -21.94 -10.46 16.43 8.475
Net income 1 30.63 25.95 -14.63 -5.506 9.894 21.15
Net Debt 1 -247.1 -147.3 -184 -170.9 -217 -189
Reference price 2 13.91 13.10 12.45 25.10 18.42 19.59
Nbr of stocks (in thousands) 149,612 149,612 147,045 147,045 147,045 147,643
Announcement Date 4/27/21 4/27/22 4/25/23 4/25/24 4/24/25 4/26/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 389M
17.65x1.59x7.75x0.91% 139B
23.42x1.48x10.95x1.2% 70.16B
17.64x0.41x4.89x0.72% 25.64B
22.68x - - - 5.86B
31.06x - - 1.75% 3.5B
19.31x1.64x10.09x2.24% 3.33B
38.25x - - 0.79% 2.76B
13.61x0.42x10.33x-.--% 2.6B
Average 22.95x 1.11x 8.80x 1.09% 28.17B
Weighted average by Cap. 19.75x 1.42x 8.44x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. 002888 Stock
  4. Valuation HiVi Acoustics Technology Co., Ltd