ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 1.6x - 1.7x | 1.7x |
| Selected Fwd Revenue Multiple | 1.4x - 1.6x | 1.5x |
| Fair Value | ¥3.04 - ¥3.35 | ¥3.20 |
| Upside | 5.3% - 15.8% | 10.6% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Shenzhen Zhongzhuang Construction Group Co.,Ltd | 2822 | SZSE:002822 |
| Beijing New Space Technology Co., Ltd. | 605178 | SHSE:605178 |
| China Haisum Engineering Co., Ltd. | 2116 | SZSE:002116 |
| Chengdu Road & Bridge Engineering CO.,LTD | 2628 | SZSE:002628 |
| Xinte Energy Co., Ltd. | 1799 | SEHK:1799 |
| Zhejiang Reclaim Construction Group Co., Ltd. | 2586 | SZSE:002586 |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| 2822 | 605178 | 2116 | 2628 | 1799 | 2586 | |||
| SZSE:002822 | SHSE:605178 | SZSE:002116 | SZSE:002628 | SEHK:1799 | SZSE:002586 | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | -1.4% | -29.4% | 4.1% | -15.6% | 19.5% | -9.6% | ||
| 3Y CAGR | -11.6% | -39.1% | 9.0% | -18.8% | -2.0% | -0.3% | ||
| Latest Twelve Months | -30.3% | 22.9% | 2.5% | -34.6% | -31.0% | -2.0% | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | -0.4% | -38.7% | 2.6% | -2.7% | 22.1% | -1.1% | ||
| Prior Fiscal Year | 3.1% | -70.3% | 4.4% | -0.8% | 23.5% | -7.6% | ||
| Latest Fiscal Year | -12.6% | -105.0% | 5.5% | -9.8% | -4.2% | -4.3% | ||
| Latest Twelve Months | -34.6% | -89.4% | 5.5% | -19.1% | -4.2% | -4.6% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 1.55x | 6.82x | 0.24x | 5.25x | 0.88x | 1.40x | ||
| EV / LTM EBIT | -4.5x | -7.6x | 4.3x | -27.5x | -21.1x | -30.6x | ||
| Price / LTM Sales | 0.80x | 7.08x | 0.68x | 3.74x | 0.31x | 1.48x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 0.24x | 1.55x | 6.82x | |||||
| Historical EV / LTM Revenue | 1.35x | 2.04x | 2.42x | |||||
| Selected EV / LTM Revenue | 1.58x | 1.66x | 1.75x | |||||
| (x) LTM Revenue | 2,228 | 2,228 | 2,228 | |||||
| (=) Implied Enterprise Value | 3,520 | 3,705 | 3,891 | |||||
| (-) Non-shareholder Claims * | 188 | 188 | 188 | |||||
| (=) Equity Value | 3,708 | 3,894 | 4,079 | |||||
| (/) Shares Outstanding | 1,144.2 | 1,144.2 | 1,144.2 | |||||
| Implied Value Range | 3.24 | 3.40 | 3.56 | |||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 3.24 | 3.40 | 3.56 | 2.89 | ||||
| Upside / (Downside) | 12.1% | 17.7% | 23.4% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 2822 | 605178 | 2116 | 2628 | 1799 | 2586 | |
| Enterprise Value | 4,843 | 1,611 | 1,609 | 4,449 | 18,771 | 3,119 | |
| (+) Cash & Short Term Investments | 212 | 193 | 3,068 | 333 | 11,742 | 1,093 | |
| (+) Investments & Other | 82 | 43 | 0 | 3 | 995 | 124 | |
| (-) Debt | (2,632) | (120) | (27) | (1,534) | (22,446) | (996) | |
| (-) Other Liabilities | (19) | (54) | 0 | (78) | (2,500) | (32) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 2,486 | 1,672 | 4,650 | 3,172 | 6,562 | 3,307 | |
| (/) Shares Outstanding | 733.4 | 99.3 | 455.5 | 757.1 | 1,430.0 | 1,144.2 | |
| Implied Stock Price | 3.39 | 16.85 | 10.21 | 4.19 | 4.59 | 2.89 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 0.94 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3.39 | 16.85 | 10.21 | 4.19 | 4.90 | 2.89 | |
| Trading Currency | CNY | CNY | CNY | CNY | HKD | CNY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 0.94 | 1.00 | |