Company Valuation: XGD Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,629 7,130 6,090 13,188 12,278 15,731
Change - 26.66% -14.59% 116.57% -6.9% 28.12%
Enterprise Value (EV) 1 4,330 5,728 4,287 9,579 8,396 11,708
Change - 32.28% -25.15% 123.42% -12.35% 39.45%
P/E 64.4x 35.8x 134x 16.8x 51.6x 33.4x
PBR 2.32x 2.82x 2.18x 3.13x 2.93x 3.57x
PEG - 0x -1.7x 0x -0.7x 0.3x
Capitalization / Revenue 2.14x 1.97x 1.41x 3.47x 3.9x 4.95x
EV / Revenue 1.64x 1.59x 0.99x 2.52x 2.67x 3.68x
EV / EBITDA 26.3x 34.1x 14.6x 13.6x 15.3x 27.8x
EV / EBIT 28.9x 40.6x 17x 14.6x 16.2x 28.6x
EV / FCF 8.47x 29.6x 17.5x 10.9x 11.1x 36.7x
FCF Yield 11.8% 3.38% 5.71% 9.18% 8.99% 2.73%
Dividend per Share 2 0.25 - 0.23 0.67 0.4 0.6
Rate of return 2.16% - 1.91% 2.77% 1.85% 2.16%
EPS 2 0.18 0.41 0.09 1.44 0.42 0.83
Distribution rate 139% - 256% 46.5% 95.2% 72.3%
Net sales 1 2,632 3,612 4,317 3,801 3,148 3,180
EBITDA 1 164.6 168 294.3 702.2 550.5 421.5
EBIT 1 149.6 141 251.5 655.7 519 410
Net income 1 86.5 200.7 44.78 755 234.2 468.8
Net Debt 1 -1,299 -1,402 -1,802 -3,610 -3,883 -4,023
Reference price 2 11.59 14.68 12.07 24.20 21.66 27.73
Nbr of stocks (in thousands) 485,671 485,671 504,532 544,977 566,869 567,299
Announcement Date 4/6/21 3/29/22 4/27/23 3/27/24 3/27/25 3/27/26
1CNY in Million2CNY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.82B
25.91x13.86x19.68x0.82% 622B
30.92x1.57x9.11x-.--% 43.76B
8.29x1.15x5.83x1.27% 37.12B
8.53x2.54x5.88x-.--% 26.01B
16.62x5.51x10.41x-.--% 23.09B
-44.91x2.95x6.26x1.56% 18.15B
11.28x3.61x13.05x - 8.66B
120.01x6.98x107.06x-.--% 7.6B
11.16x2.09x4.96x6.61% 5.63B
Average 20.87x 4.47x 20.25x 1.28% 79.42B
Weighted average by Cap. 23.53x 11.46x 18.07x 0.79%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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