Company Valuation: Appotronics Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,552 11,350 11,939 6,674 8,468 4,806 - -
Change - -27.02% 5.19% -44.1% 26.88% -43.24% - -
Enterprise Value (EV) 1 15,552 10,706 11,271 5,605 7,990 4,153 4,070 3,896
Change - -31.16% 5.28% -50.28% 42.56% -48.02% -2% -4.27%
P/E 67.4x 95.6x 118x 247x -31x -39x 25.1x 39x
PBR 6.38x 4.29x 4.24x 2.48x 3.49x 1.64x 1.51x -
PEG - -2x -7.7x -3.4x 0x 0.7x -0x -1.1x
Capitalization / Revenue 6.23x 4.47x 5.39x 2.76x 4.95x 4.42x 2.06x 2.68x
EV / Revenue 6.23x 4.21x 5.08x 2.32x 4.67x 3.82x 1.75x 2.17x
EV / EBITDA - - - - - - - -
EV / EBIT 65.4x 800x 325x 713x -35.1x 17x 21.9x 37x
EV / FCF -240x 1,068x 45.2x -3,082x 276x 17.5x 14.5x -
FCF Yield -0.42% 0.09% 2.21% -0.03% 0.36% 5.71% 6.9% -
Dividend per Share 2 0.105 0.054 0.07 0.025 - 0.135 0.16 -
Rate of return 0.31% 0.22% 0.27% 0.17% - 1.28% 1.52% -
EPS 2 0.51 0.26 0.22 0.06 -0.6 -0.27 0.42 0.27
Distribution rate 20.6% 20.8% 31.8% 41.7% - -50% 38.1% -
Net sales 1 2,498 2,541 2,217 2,419 1,709 1,087 2,330 1,795
EBITDA 365.6 147.1 166.5 244.8 100 - - -
EBIT 1 237.7 13.39 34.68 7.857 -227.6 244 186 105.2
Net income 1 233.4 119.4 102 27.95 -273.6 -122.1 195.8 121.9
Net Debt 1 - -644.5 -667.4 -1,070 -478.2 -653.6 -736.8 -910.7
Reference price 2 34.35 24.86 25.88 14.79 18.57 10.54 10.54 10.54
Nbr of stocks (in thousands) 452,757 456,565 461,311 451,264 456,017 456,017 - -
Announcement Date 25/2/22 27/2/23 23/2/24 27/2/25 28/2/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-39.04x3.82x - 1.28% 717M
34.12x6.35x19.36x0.66% 214B
61.15x7.63x26.14x0.71% 141B
34.41x12.23x22.34x0.8% 123B
13.47x0.31x6.78x3.73% 111B
41.96x6.89x22.53x0.83% 97.72B
75.33x8.08x37.26x0.19% 86.45B
25.33x9.09x18.46x0.5% 80.89B
45.53x6.37x24x0.01% 66B
20.27x3.41x13.04x1.32% 63.8B
Average 31.25x 6.42x 21.10x 1% 98.54B
Weighted average by Cap. 39.21x 6.83x 21.01x 0.99%

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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