| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 2735 | 603058 | 301469 | 301296 | 3003 | | 300883 | |
| SZSE:002735 | SHSE:603058 | SZSE:301469 | SZSE:301296 | SZSE:003003 | | SZSE:300883 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 14.2% | 13.6% | 9.9% | 15.1% | 7.0% | | -3.7% | |
| 3Y CAGR | 4.8% | 23.1% | 8.9% | 19.6% | 11.7% | | -0.1% | |
| Latest Twelve Months | 10.0% | 10.7% | 15.0% | 1.6% | -20.8% | | 12.6% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 5.5% | 15.6% | 11.9% | 14.4% | 3.6% | | 6.9% | |
| Prior Fiscal Year | 3.2% | 13.9% | 10.9% | 12.6% | -0.1% | | 5.3% | |
| Latest Fiscal Year | 5.0% | 23.6% | 10.8% | 12.9% | 4.1% | | 1.8% | |
| Latest Twelve Months | 4.5% | 23.6% | 5.9% | 11.2% | 5.8% | | 1.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 2.17x | 3.89x | 1.83x | 1.76x | 1.46x | | 2.61x | |
| EV / LTM EBIT | 47.8x | 19.9x | 31.0x | 15.8x | 25.2x | | 146.6x | |
| Price / LTM Sales | 2.19x | 3.85x | 2.18x | 2.36x | 1.45x | | 2.53x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.46x | 1.83x | 3.89x | | | | | |
| Historical EV / LTM Revenue | 3.00x | 3.79x | 6.22x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 2.60x | 2.73x | 2.87x | | | | | |
| (x) LTM Revenue | 772 | 772 | 772 | | | | | |
| (=) Implied Enterprise Value | 2,004 | 2,110 | 2,215 | | | | | |
| (-) Non-shareholder Claims * | (60) | (60) | (60) | | | | | |
| (=) Equity Value | 1,944 | 2,050 | 2,155 | | | | | |
| (/) Shares Outstanding | 346.0 | 346.0 | 346.0 | | | | | |
| Implied Value Range | 5.62 | 5.92 | 6.23 | | | | | |
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 5.62 | 5.92 | 6.23 | | 5.64 | | | |
| Upside / (Downside) | -0.4% | 5.0% | 10.4% | | | | | |