Company Valuation: Zhongsheng Group Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 119,622 85,301 40,451 31,051 24,716 4,345 - -
Change - -28.69% -52.58% -23.24% -20.4% -82.42% - -
Enterprise Value (EV) 1 137,168 104,111 53,212 48,862 38,937 19,085 18,678 18,765
Change - -24.1% -48.89% -8.18% -20.31% -50.98% -2.13% 0.47%
P/E 14.3x 13.1x 8.15x 9.72x -14.7x 8.4x 3.64x 2.59x
PBR 2.88x 1.95x 0.89x 0.67x 0.57x 0.1x 0.1x 0.1x
PEG - -0.6x -0.4x -0.3x 0x -0x 0x 0.1x
Capitalization / Revenue 0.68x 0.47x 0.23x 0.18x 0.15x 0.03x 0.03x 0.03x
EV / Revenue 0.78x 0.58x 0.3x 0.29x 0.24x 0.13x 0.12x 0.12x
EV / EBITDA 9.15x 8x 5.04x 5.71x 17.1x 4.37x 3.32x 2.92x
EV / EBIT 10.9x 10.2x 6.38x 8.61x -74.5x 8.45x 5.07x 4.66x
EV / FCF -260x 15.2x 10.6x 23.5x 4.92x 10.4x 12x 47.3x
FCF Yield -0.38% 6.57% 9.39% 4.26% 20.3% 9.63% 8.33% 2.11%
Dividend per Share 2 0.69 0.97 0.736 0.634 - 0.2276 0.3896 0.3543
Rate of return 1.39% 2.73% 4.34% 4.83% - 12.4% 21.2% 19.3%
EPS 2 3.47 2.71 2.08 1.35 -0.71 0.2184 0.5041 0.7079
Distribution rate 19.9% 35.8% 35.4% 47% - 104% 77.3% 50.1%
Net sales 1 175,103 179,857 179,290 168,124 164,403 145,365 150,918 159,589
EBITDA 1 14,991 13,020 10,558 8,552 2,277 4,372 5,620 6,430
EBIT 1 12,617 10,169 8,340 5,674 -522.4 2,260 3,681 4,024
Net income 1 8,329 6,668 5,018 3,212 -1,673 903.7 1,814 2,259
Net Debt 1 17,546 18,809 12,761 17,811 14,220 14,740 14,333 14,420
Reference price 2 49.532 35.515 16.956 13.118 10.442 1.836 1.836 1.836
Nbr of stocks (in thousands) 2,415,041 2,401,823 2,385,668 2,366,994 2,366,994 2,366,994 - -
Announcement Date 3/17/22 3/23/23 3/27/24 3/28/25 3/26/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.4x0.13x4.37x12.4% 651M
27.09x4.16x18.35x-.--% 72.1B
45.4x1.86x18.76x-.--% 53.17B
18.99x2.79x12.76x-.--% 51.77B
16.1x0.49x11.51x2.72% 13.94B
16.93x1.42x18.3x1.2% 10.44B
15.95x0.33x8.78x - 7.31B
8.48x0.43x9.89x0.84% 6.68B
8.6x0.5x8.85x-.--% 5.88B
Average 18.44x 1.35x 12.40x 2.15% 24.66B
Weighted average by Cap. 26.95x 2.58x 15.85x 0.3%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Zhongsheng Group Holdings Limited

Historical PBR trend

Valuation ratios - PBR - Zhongsheng Group Holdings Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Zhongsheng Group Holdings Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Zhongsheng Group Holdings Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Zhongsheng Group Holdings Limited
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