Company Valuation: TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 134,543 121,005 62,718 35,818 34,607 37,070 - -
Change - -10.06% -48.17% -42.89% -3.38% 7.12% - -
Enterprise Value (EV) 1 144,405 145,736 92,891 73,790 76,567 81,916 72,568 74,743
Change - 0.92% -36.26% -20.56% 3.76% 6.99% -11.41% 3%
P/E 31.7x 17.8x 18.4x -3.6x -3.7x -6.62x 22x 13.7x
PBR 4.26x 3.24x 1.52x 1.16x 1.58x 2.2x 1.99x 1.72x
PEG - 0.3x -0.4x 0x 0.63x 0.2x -0x 0.2x
Capitalization / Revenue 3.28x 1.81x 1.06x 1.26x 1.19x 0.99x 0.75x 0.64x
EV / Revenue 3.52x 2.17x 1.57x 2.6x 2.64x 2.18x 1.46x 1.28x
EV / EBITDA 18.4x 12.4x 8.43x -69.1x 146x 24.2x 7.08x 5.44x
EV / EBIT 28.9x 19.9x 20.3x -6.62x -7.55x -14.6x 21.3x 13x
EV / FCF -79.3x -23.7x -13.3x -18.2x - -9.17x 3.05x -
FCF Yield -1.26% -4.22% -7.52% -5.5% - -10.9% 32.8% -
Dividend per Share 2 0.088 0.08 0.26 - - - - 0.01
Rate of return 0.26% 0.27% 1.66% - - - - 0.11%
EPS 2 1.053 1.697 0.8518 -2.463 -2.319 -1.387 0.4175 0.6691
Distribution rate 8.36% 4.71% 30.5% - - - - 1.49%
Net sales 1 41,025 67,010 59,146 28,419 29,050 37,614 49,569 58,187
EBITDA 1 7,848 11,712 11,023 -1,068 522.9 3,380 10,243 13,752
EBIT 1 5,004 7,325 4,565 -11,139 -10,136 -5,603 3,412 5,754
Net income 1 4,020 6,819 3,416 -9,818 -9,264 -5,616 2,417 2,699
Net Debt 1 9,862 24,731 30,173 37,972 41,960 44,846 35,498 37,673
Reference price 2 33.400 30.128 15.640 8.870 8.570 9.180 9.180 9.180
Nbr of stocks (in thousands) 4,028,245 4,016,351 4,010,093 4,038,104 4,038,104 4,038,104 - -
Announcement Date 3/10/22 3/28/23 4/25/24 4/25/25 3/24/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-6.75x2.2x24.46x-.--% 5.65B
30.58x2.41x15.66x1.48% 130B
19.97x1.1x8.12x0.9% 27.96B
11.67x1.47x7.91x2.02% 23.67B
9.88x3.24x6.23x-.--% 18.55B
15.84x3.68x12.79x4.16% 13.61B
-13.63x0.95x23.59x-.--% 12.3B
21.07x2.51x11.86x-.--% 12.14B
15.96x1.02x8.56x1.67% 8.5B
17.02x2.16x10.8x0.14% 7.78B
Average 12.16x 2.08x 13.00x 1.04% 26.01B
Weighted average by Cap. 21.24x 2.19x 13.33x 1.3%

Y-o-Y evolution of P/E

Valuation ratios - P/E - TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

Historical PBR trend

Valuation ratios - PBR - TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - TCL Zhonghuan Renewable Energy Technology Co.,Ltd.


Year-on-year evolution of the Yield

Valuation ratios - Yield - TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
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