Company Valuation: China Industrial Securities International Financial Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 1,420 1,100 760 396 812 892
Change - -22.54% -30.91% -47.89% 105.05% 9.85%
Enterprise Value (EV) 1 1,541 632.7 -2,594 -163.8 2,615 3,482
Change - -58.93% -510.04% 93.69% 1,696.19% 33.16%
P/E ratio -3.07x -2.23x 19x -1.33x 14.9x 9.67x
PBR 0.37x 0.33x 0.17x 0.13x 0.26x 0.28x
PEG - -0.34x -0x 0x -0x 0.1x
Capitalization / Revenue -27.7x -6.5x 1.98x 3.58x 1.85x 1.57x
EV / Revenue -30x -3.74x -6.75x -1.48x 5.95x 6.13x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - 0.01
Rate of return - - - - - 4.48%
EPS 2 -0.1155 -0.1231 0.01 -0.0744 0.0136 0.0231
Distribution rate - - - - - 43.3%
Net sales 1 -51.35 -169.2 384.5 110.6 439.8 567.8
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 -461.9 -492.5 40.09 -297.4 54.56 108.1
Net Debt 1 120.7 -467.3 -3,354 -559.8 1,803 2,590
Reference price 2 0.3550 0.2750 0.1900 0.0990 0.2030 0.2230
Nbr of stocks (in thousands) 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000
Announcement Date 09/04/20 26/03/21 31/03/22 30/03/23 02/04/24 28/03/25
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 254M
18.82x11.21x - 1.53% 288B
18.03x7.31x - 2.16% 283B
15.81x - - 2.05% 198B
21.85x7.73x13.28x1.06% 182B
14.11x1.28x - 2.45% 58.21B
14.66x - - 1.29% 33.33B
33.78x2.12x14.18x0.34% 28.98B
12.37x6.42x - 2.42% 27.63B
11.12x7.33x - 3.65% 26.5B
Average 17.84x 6.20x 13.73x 1.88% 112.66B
Weighted average by Cap. 18.26x 8.06x 13.41x 1.78%
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Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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