Company Valuation: CITIC Niya Wine Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,551 4,495 8,181 8,832 5,911 5,900
Change - 76.21% 82% 7.97% -33.08% -0.19%
Enterprise Value (EV) 1 2,488 4,392 8,110 8,717 5,857 5,853
Change - 76.51% 84.65% 7.48% -32.81% -0.06%
P/E -45.2x 267x -9.33x 2,382x 355x -226x
PBR 1.19x 2.08x 6.4x 6.91x 4.57x 4.65x
PEG - -2x 0x -24x 1x 1x
Capitalization / Revenue 27x 20.7x 55.9x 41.8x 36.6x 47.8x
EV / Revenue 26.3x 20.2x 55.4x 41.2x 36.3x 47.5x
EV / EBITDA -82.5x -253x -8.97x 962x 209x -2,906x
EV / EBIT -38x -84.6x -8.7x -458x -22,316x -207x
EV / FCF 737x -63.1x 27.1x 649x -72.8x -983x
FCF Yield 0.14% -1.58% 3.69% 0.15% -1.37% -0.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0502 0.015 -0.78 0.0033 0.0148 -0.0232
Distribution rate - - - - - -
Net sales 1 94.61 217.2 146.4 211.5 161.4 123.3
EBITDA 1 -30.18 -17.39 -904 9.059 28.06 -2.014
EBIT 1 -65.53 -51.9 -931.7 -19.02 -0.2625 -28.26
Net income 1 -56.4 16.9 -880.9 3.676 16.64 -26.08
Net Debt 1 -62.61 -102.8 -70.87 -115.8 -53.87 -46.4
Reference price 2 2.270 4.000 7.280 7.860 5.260 5.250
Nbr of stocks (in thousands) 1,123,727 1,123,727 1,123,727 1,123,727 1,123,727 1,123,727
Announcement Date 23/04/21 25/04/22 25/04/23 26/04/24 21/03/25 27/04/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 694M
-7.05x2.22x8.77x-.--% 2.67B
10.89x2.33x8.98x2.39% 566M
22.69x0.46x6.62x5.05% 492M
7.01x2.26x6.4x5% 248M
9.67x2.68x13.6x3.08% 199M
Average 8.64x 1.99x 8.87x 3.1% 811.13M
Weighted average by Cap. 0.53x 2.05x 8.63x 1.36%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation CITIC Niya Wine Co., Ltd.