| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| NISN | 300359 | 300369 | 2380 | 688004 | | 300663 | |
| NasdaqCM:NISN | SZSE:300359 | SZSE:300369 | SZSE:002380 | SHSE:688004 | | SZSE:300663 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | NM- | -5.2% | 4.6% | 18.2% | -8.8% | | 9.2% | |
| 3Y CAGR | 109.3% | -3.0% | -5.8% | 18.6% | -15.6% | | 4.0% | |
| Latest Twelve Months | 86.1% | -14.4% | -28.6% | 25.0% | -9.9% | | -2.4% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 20.0% | 2.3% | -5.5% | 5.9% | -5.5% | | 4.8% | |
| Prior Fiscal Year | 7.9% | 1.2% | 0.4% | -3.3% | -31.6% | | 4.6% | |
| Latest Fiscal Year | 6.3% | 5.6% | -59.2% | 8.2% | -22.5% | | -6.2% | |
| Latest Twelve Months | 5.4% | -2.7% | -44.1% | 12.8% | -22.5% | | -3.6% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | -0.03x | 7.03x | 3.39x | 3.50x | 7.15x | | 8.05x | |
| EV / LTM EBIT | -0.5x | -259.1x | -7.7x | 27.3x | -31.7x | | -222.9x | |
| Price / LTM Sales | 0.07x | 7.71x | 3.59x | 4.02x | 7.83x | | 6.99x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -0.03x | 3.50x | 7.15x | | | | | |
| Historical EV / LTM Revenue | 5.53x | 7.42x | 9.50x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 7.30x | 7.69x | 8.07x | | | | | |
| (x) LTM Revenue | 1,170 | 1,170 | 1,170 | | | | | |
| (=) Implied Enterprise Value | 8,543 | 8,993 | 9,442 | | | | | |
| (-) Non-shareholder Claims * | (1,212) | (1,212) | (1,212) | | | | | |
| (=) Equity Value | 7,331 | 7,781 | 8,230 | | | | | |
| (/) Shares Outstanding | 478.4 | 478.4 | 478.4 | | | | | |
| Implied Value Range | 15.32 | 16.26 | 17.20 | | | | | |
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 15.32 | 16.26 | 17.20 | | 17.08 | | | |
| Upside / (Downside) | -10.3% | -4.8% | 0.7% | | | | | |