Company Valuation: Yongxing Special Materials Technology Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 60,089 38,222 28,146 19,906 28,745 24,480 - -
Change - -36.39% -26.36% -29.28% 44.41% -14.84% - -
Enterprise Value (EV) 1 58,261 29,195 18,709 13,862 24,424 19,152 18,387 16,258
Change - -49.89% -35.92% -25.9% 76.19% -21.59% -4% -11.58%
P/E 67.6x 5.94x 8.25x 19.1x 43.4x 13x 12.1x 8.22x
PBR 11.9x 3.11x 2.17x 1.65x 2.27x 1.75x 1.57x 1.37x
PEG - 0x -0.2x -0.3x -1.2x 0x 1.65x 0.2x
Capitalization / Revenue 8.35x 2.45x 2.31x 2.47x 3.87x 2.58x 2.39x 2.01x
EV / Revenue 8.09x 1.87x 1.53x 1.72x 3.29x 2.02x 1.79x 1.33x
EV / EBITDA 49.5x 3.71x 4.11x 8.71x 22.2x 8.11x 8.13x 4.67x
EV / EBIT 57.5x 3.81x 4.37x 10.6x 31x 7.93x 6.62x 4.32x
EV / FCF 117x 4.72x 5.21x 25.4x - 11.8x 7.85x 5.01x
FCF Yield 0.86% 21.2% 19.2% 3.94% - 8.46% 12.7% 20%
Dividend per Share 2 0.3846 3.846 2 0.5 0.7 1.01 1.005 1.71
Rate of return 0.34% 5.42% 3.83% 1.33% 1.29% 2.19% 2.18% 3.7%
EPS 2 1.685 11.93 6.33 1.97 1.25 3.566 3.828 5.62
Distribution rate 22.8% 32.2% 31.6% 25.4% 56% 28.3% 26.3% 30.4%
Net sales 1 7,199 15,579 12,189 8,074 7,423 9,494 10,252 12,207
EBITDA 1 1,177 7,879 4,555 1,592 1,100 2,361 2,263 3,483
EBIT 1 1,012 7,671 4,277 1,306 788.5 2,416 2,778 3,763
Net income 1 887.1 6,320 3,407 1,043 661.5 1,923 2,062 3,030
Net Debt 1 -1,828 -9,027 -9,438 -6,043 -4,321 -5,328 -6,093 -8,222
Reference price 2 113.86 70.90 52.21 37.72 54.25 46.20 46.20 46.20
Nbr of stocks (in thousands) 527,735 539,102 539,102 527,720 529,869 529,869 - -
Announcement Date 4/25/22 3/12/23 4/29/24 3/24/25 4/27/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.97x2.02x8.13x2.18% 3.64B
20.92x1.83x10.12x0.55% 32.72B
12.05x0.45x4.41x4.56% 18.77B
19.76x1.91x9.87x0.22% 11.9B
10.4x - - - 10.53B
8.93x0.63x4.15x4.91% 10.6B
59.45x5.21x29.54x0.45% 10.33B
12.06x0.86x6.18x4.04% 10.02B
87.13x1.44x15.82x1.11% 9.06B
Average 27.07x 1.80x 11.03x 2.25% 13.06B
Weighted average by Cap. 24.85x 1.69x 10.42x 2.07%

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

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