Company Valuation: Shenzhen S.C New Energy Technology Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 46,770 39,808 39,706 25,769 21,979 41,521 41,521 -
Change - -14.88% -0.26% -35.1% -14.71% 88.91% 0% -
Enterprise Value (EV) 1 45,415 35,833 35,997 20,925 18,179 35,088 32,087 30,231
Change - -21.1% 0.46% -41.87% -13.12% 93.01% -8.56% -5.78%
P/E ratio 89.3x 53.9x 37.9x 15.8x 7.96x 15x 24.5x 28.7x
PBR 15.4x 6.42x 5.51x 2.95x 1.98x 3.11x 2.87x 2.66x
PEG - 1.8x 0.9x 0.3x 0.1x 65.84x -0.6x -2x
Capitalization / Revenue 11.6x 7.89x 6.61x 2.95x 1.16x 2.69x 4.32x 5.24x
EV / Revenue 11.2x 7.1x 5.99x 2.4x 0.96x 2.27x 3.34x 3.81x
EV / EBITDA 74x 41.8x 27.3x 10.9x 5.46x 10.1x 14.9x 16.4x
EV / EBIT 78.2x 43.8x 30.9x 11.4x 5.69x 10x 15.1x 16.8x
EV / FCF - - - - - - 8,747,714x 15,704,665x
FCF Yield - - - - - - 0% 0%
Dividend per Share 2 0.18 0.18 0.2 1.2 1.2 1.319 0.8154 0.641
Rate of return 0.12% 0.16% 0.18% 1.62% 1.9% 1.1% 0.68% 0.54%
EPS 2 1.63 2.12 3.01 4.69 7.94 7.958 4.877 4.163
Distribution rate 11% 8.49% 6.64% 25.6% 15.1% 16.6% 16.7% 15.4%
Net sales 1 4,044 5,047 6,005 8,733 18,887 15,451 9,607 7,925
EBITDA 1 613.4 857.4 1,316 1,915 3,333 3,489 2,149 1,839
EBIT 1 580.9 817.3 1,167 1,842 3,197 3,494 2,131 1,797
Net income 1 523 717.4 1,047 1,634 2,764 2,801 1,749 1,458
Net Debt 1 -1,354 -3,975 -3,709 -4,843 -3,800 -6,432 -9,434 -11,289
Reference price 2 145.60 114.30 114.02 74.01 63.21 119.50 119.50 119.50
Nbr of stocks (in thousands) 321,220 348,278 348,234 348,177 347,715 347,452 347,452 -
Announcement Date 28/4/21 26/4/22 27/4/23 18/4/24 23/4/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.65x2.21x9.77x1.13% 5.81B
16.68x4.75x11.32x-.--% 26.14B
-36.36x1.59x35.14x-.--% 20.07B
27.8x3.95x16.85x-.--% 14.64B
-14.4x1.63x19.53x-.--% 12.65B
22.58x5.37x18.15x2.4% 11.08B
44.87x1.68x12.48x0.37% 8.66B
-14.44x0.92x15.08x-.--% 8.65B
20.05x2.9x12.5x - 8.15B
-38.43x9.62x86.98x-.--% 7.75B
Average 4.30x 3.46x 23.78x 0.43% 12.36B
Weighted average by Cap. 3.20x 3.46x 22.39x 0.32%
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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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