Company Valuation: XD Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,189 9,018 4,370 11,406 28,218 17,624 - -
Change - -40.63% -51.54% 160.99% 147.4% -37.54% - -
Enterprise Value (EV) 1 13,054 6,195 1,367 8,784 24,651 12,171 10,239 8,021
Change - -52.54% -77.94% 542.71% 180.64% -50.63% -15.88% -21.66%
P/E -17.3x -16.3x -51.4x 14x 19x 9.78x 8.51x 7.51x
PBR 6.49x 4.78x 2.56x 4.46x 7.64x 3.52x 2.57x 2.07x
PEG - 0.4x 0.6x -0x 0.2x 0.4x 0.6x 0.6x
Capitalization / Revenue 5.62x 2.63x 1.29x 2.28x 4.9x 2.67x 2.41x 2.16x
EV / Revenue 4.83x 1.81x 0.4x 1.75x 4.28x 1.85x 1.4x 0.99x
EV / EBITDA -17x -17.5x 8.63x 8.31x 13.8x 5.65x 4.09x 2.82x
EV / EBIT -13.7x -10.9x -262x 9.6x 14.7x 6.27x 4.6x 3.1x
EV / FCF -23x -17x 5.88x 6.99x 17.7x 5.36x 4.98x 3.11x
FCF Yield -4.34% -5.89% 17% 14.3% 5.65% 18.7% 20.1% 32.2%
Dividend per Share 2 - - - 0.3735 - 0.3384 0.329 -
Rate of return - - - 1.58% - 0.92% 0.89% -
EPS 2 -1.86 -1.17 -0.18 1.69 3.07 3.771 4.332 4.911
Distribution rate - - - 22.1% - 8.97% 7.59% -
Net sales 1 2,703 3,431 3,389 5,012 5,764 6,589 7,309 8,141
EBITDA 1 -768.2 -353 158.4 1,056 1,788 2,156 2,504 2,849
EBIT 1 -955.5 -567.9 -5.222 914.8 1,680 1,941 2,225 2,588
Net income 1 -863.8 -553.5 -83.04 811.5 1,535 1,824 2,072 2,411
Net Debt 1 -2,135 -2,823 -3,004 -2,622 -3,567 -5,453 -7,385 -9,603
Reference price 2 32.18 19.11 9.26 23.63 58.28 36.89 36.89 36.89
Nbr of stocks (in thousands) 471,993 471,993 472,016 482,612 484,209 477,801 - -
Announcement Date 3/30/22 3/30/23 3/28/24 3/28/25 3/27/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.78x1.85x5.65x0.92% 2.6B
14.35x3.27x8.49x2.46% 84.6B
15.99x1.96x6.78x2.66% 10.92B
10.51x1.81x5.21x0.95% 6.99B
12.84x2.19x10.09x6.33% 5.95B
25.13x2.16x10.78x1.81% 5.72B
12.85x3.03x7.57x5.94% 3.64B
12.15x1.93x8.21x8.22% 3.06B
15.04x4.9x11.98x3.51% 3.29B
10.83x1.18x5.38x0.54% 3.12B
Average 13.95x 2.43x 8.01x 3.33% 12.99B
Weighted average by Cap. 14.43x 2.90x 8.27x 2.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield