Company Valuation: LanZhou Foci Pharmaceutical Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 3,615 5,127 4,764 4,979 3,942 4,412
Change - 41.81% -7.07% 4.5% -20.82% 11.92%
Enterprise Value (EV) 1 3,264 4,812 4,421 4,625 3,585 3,933
Change - 47.44% -8.14% 4.63% -22.49% 9.7%
P/E 32.3x 55x 45x 74.1x 65.6x 89.6x
PBR 2.27x 3.18x 2.78x 2.85x 2.2x 2.41x
PEG - -3.3x 3.3x -2x -6.2x -5x
Capitalization / Revenue 5.41x 6.27x 4.67x 4.28x 4.02x 4.82x
EV / Revenue 4.89x 5.89x 4.34x 3.98x 3.66x 4.3x
EV / EBITDA 56.6x 51.4x 40x 40.5x 38.2x 31.9x
EV / EBIT 172x 105x 71.6x 73.5x 81.2x 56.6x
EV / FCF -17.4x -144x -166x 76.4x -376x 26.8x
FCF Yield -5.73% -0.7% -0.6% 1.31% -0.27% 3.73%
Dividend per Share 2 0.12 0.01 0.05 0.03 0.012 0.02
Rate of return 1.69% 0.1% 0.54% 0.31% 0.16% 0.23%
EPS 2 0.2193 0.1826 0.2075 0.1316 0.1176 0.0964
Distribution rate 54.7% 5.48% 24.1% 22.8% 10.2% 20.7%
Net sales 1 668.1 817.6 1,019 1,163 980.2 915.5
EBITDA 1 57.63 93.58 110.6 114.3 93.76 123.5
EBIT 1 18.94 45.65 61.73 62.9 44.13 69.47
Net income 1 112 93.26 105.9 67.19 60.07 49.21
Net Debt 1 -351.5 -314.6 -343.7 -353.4 -357.1 -479
Reference price 2 7.080 10.040 9.330 9.750 7.720 8.640
Nbr of stocks (in thousands) 510,657 510,657 510,657 510,657 510,657 510,657
Announcement Date 4/15/21 3/15/22 3/30/23 4/9/24 4/25/25 4/8/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 622M
16.56x2.04x13.88x5.43% 13.65B
25.34x1.37x8.91x2.22% 4.82B
15.22x3.08x9.45x6.5% 4.38B
17.18x - - 1.36% 3.85B
26.41x - - - 3.52B
15.54x2.22x9.33x2.8% 3.09B
Average 19.37x 2.18x 10.39x 3.66% 4.85B
Weighted average by Cap. 18.67x 2.11x 11.66x 4.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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