Company Valuation: China Ruyi Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,242 19,509 20,044 35,130 36,793 23,743 - -
Change - -28.39% 2.74% 75.27% 4.73% -35.47% - -
Enterprise Value (EV) 1 27,242 19,509 20,044 33,208 31,578 16,417 15,204 13,673
Change - -28.39% 2.74% 65.68% -4.91% -48.01% -7.39% -10.07%
P/E 21.6x 22.4x 26.8x -146x 16.9x 17.1x 15.4x 13.2x
PBR - - 1.82x 1.7x 1.27x 0.82x 0.77x 0.73x
PEG - -0.6x -1x 1x -0x -0.5x 1.4x 0.8x
Capitalization / Revenue - - 5.1x 8.93x 9.68x 6.2x 5.48x 4.84x
EV / Revenue - - 5.1x 8.44x 8.31x 4.29x 3.51x 2.79x
EV / EBITDA - - 9.18x 31.5x 9.03x 5.77x 4.82x 3.65x
EV / EBIT - - 18.8x 475x 16.8x 10.1x 7.91x 6.01x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.1366 0.0872 0.0646 -0.0168 0.1298 0.084 0.093 0.109
Distribution rate - - - - - - - -
Net sales 1 - - 3,928 3,936 3,800 3,828 4,332 4,904
EBITDA 1 - - 2,183 1,056 3,495 2,847 3,152 3,744
EBIT 1 - - 1,063 69.9 1,885 1,630 1,921 2,273
Net income 1 1,450 902.3 739.1 -204.3 2,042 1,475 1,633 1,922
Net Debt 1 - - - -1,922 -5,215 -7,326 -8,539 -10,070
Reference price 2 2.950 1.950 1.730 2.450 2.190 1.435 1.435 1.435
Nbr of stocks (in thousands) 9,234,648 10,004,648 11,585,898 14,338,927 16,800,615 16,545,651 - -
Announcement Date 31/3/22 31/3/23 28/3/24 31/3/25 31/3/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.5x4.44x5.97x-.--% 3.03B
50.38x0.9x7.09x1.86% 11.47B
-403.43x8.77x-916.61x-.--% 9.52B
27.19x3.26x13.95x1.35% 8.64B
34.19x2.68x5.6x0.47% 5.18B
62.73x17.7x44.78x1.01% 5.01B
10.81x1.51x8.04x4.38% 4.29B
80.04x3.98x25.32x0.3% 3.61B
-85.85x1.51x14.15x-.--% 3.29B
31.87x3.64x16.74x0.26% 2.1B
Average -17.46x 4.84x -77.50x 0.96% 5.61B
Weighted average by Cap. -42.12x 4.83x -143.33x 1.08%

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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