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 17,996 - -
Change - -40.63% -51.54% 160.99% 147.4% -36.22% - -
Enterprise Value (EV) 1 13,054 6,195 1,367 8,784 24,651 12,543 10,611 8,393
Change - -52.54% -77.94% 542.71% 180.64% -49.12% -15.4% -20.9%
P/E -17.3x -16.3x -51.4x 14x 19x 9.99x 8.69x 7.67x
PBR 6.49x 4.78x 2.56x 4.46x 7.64x 3.59x 2.63x 2.11x
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 2.69x 2.44x 2.19x
EV / Revenue 4.83x 1.81x 0.4x 1.75x 4.28x 1.88x 1.44x 1.02x
EV / EBITDA -17x -17.5x 8.63x 8.31x 13.8x 5.73x 4.2x 2.93x
EV / EBIT -13.7x -10.9x -262x 9.6x 14.7x 6.4x 4.75x 3.24x
EV / FCF -23x -17x 5.88x 6.99x 17.7x 5.52x 5.16x 3.25x
FCF Yield -4.34% -5.89% 17% 14.3% 5.65% 18.1% 19.4% 30.7%
Dividend per Share 2 - - - 0.3735 - 0.3384 0.329 -
Rate of return - - - 1.58% - 0.9% 0.87% -
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 6,688 7,389 8,218
EBITDA 1 -768.2 -353 158.4 1,056 1,788 2,189 2,526 2,863
EBIT 1 -955.5 -567.9 -5.222 914.8 1,680 1,961 2,232 2,589
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 37.66 37.66 37.66
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.($)
13.11x2.85x7.4x2.6% 76.6B
15.02x1.8x6.18x2.81% 10.46B
12.9x2.2x10.14x6.3% 5.95B
8.87x1.49x4.35x1.1% 5.83B
28.55x2.06x10.1x1.74% 5.23B
13.12x3.11x7.77x5.81% 3.7B
13.38x2.17x9.23x7.46% 3.36B
14.09x4.44x10.8x3.74% 3.12B
10.6x1.21x5.36x0.56% 3.01B
Average 14.40x 2.37x 7.92x 3.57% 13.03B
Weighted average by Cap. 13.72x 2.61x 7.50x 2.91%

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