Company Valuation: Nanjing Panda Electronics Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 6,126 7,590 7,758 9,537 7,525 9,197
Change - 23.89% 2.22% 22.93% -21.09% 22.22%
Enterprise Value (EV) 1 4,326 6,167 6,206 8,258 6,327 7,368
Change - 42.57% 0.64% 33.06% -23.38% 16.45%
P/E 88.5x 217x 235x -50.9x -48.6x 1,044x
PBR 1.95x 2.58x 2.68x 3.67x 2.95x 3.57x
PEG - -4.7x -68.2x 0x 2.4x -10x
Capitalization / Revenue 1.55x 1.67x 1.87x 3.27x 2.84x 3.7x
EV / Revenue 1.09x 1.36x 1.49x 2.84x 2.39x 2.96x
EV / EBITDA 28.9x 63x 59.9x 119x -41.6x -37.6x
EV / EBIT 84.9x -2,238x 4,100x -275x -25.8x -25.7x
EV / FCF 7.32x -44.6x 41.5x -28x -438x 74.4x
FCF Yield 13.7% -2.24% 2.41% -3.57% -0.23% 1.34%
Dividend per Share 2 0.026 0.014 0.014 - - 0.01
Rate of return 0.35% 0.14% 0.13% - - 0.08%
EPS 2 0.0846 0.0459 0.0443 -0.2603 -0.2067 0.0117
Distribution rate 30.7% 30.5% 31.6% - - 85.5%
Net sales 1 3,952 4,532 4,154 2,912 2,646 2,488
EBITDA 1 149.6 97.85 103.7 69.15 -152.2 -196
EBIT 1 50.93 -2.755 1.514 -30.07 -245.6 -286.9
Net income 1 77.32 41.93 40.49 -237.9 -188.9 10.73
Net Debt 1 -1,801 -1,423 -1,552 -1,279 -1,198 -1,829
Reference price 2 7.490 9.950 10.410 13.250 10.040 12.220
Nbr of stocks (in thousands) 913,839 913,839 913,839 913,839 913,839 913,839
Announcement Date 3/26/21 3/30/22 4/26/23 3/28/24 3/31/25 3/27/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.04B
34.12x12.12x22.13x0.81% 123B
44.09x7.41x31.97x1.66% 49.69B
27.87x1.29x14.67x-.--% 42.36B
21.58x1.84x9.05x1.39% 35.92B
30.74x2.21x14.75x1.49% 31.05B
29.35x4.48x17.88x-.--% 28.47B
10.77x6.04x16.71x1.38% 26.63B
24.98x3.16x13.24x-.--% 17.51B
29.67x4.65x18.22x0.76% 17.42B
Average 28.13x 4.80x 17.62x 0.83% 37.28B
Weighted average by Cap. 30.57x 6.64x 19.40x 0.88%

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. 600775 Stock
  4. Valuation Nanjing Panda Electronics Company Limited