Company Valuation: Goldwind Science&Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 66,438 42,722 30,077 39,972 79,675 108,484 - -
Change - -35.7% -29.6% 32.9% 99.33% 36.16% - -
Enterprise Value (EV) 1 82,706 61,944 48,667 63,675 109,029 142,270 144,922 140,531
Change - -25.1% -21.43% 30.84% 71.23% 30.49% 1.86% -3.03%
P/E ratio 20.9x 21.1x 27.8x 24.6x 32.1x 27.1x 22.5x 19.4x
PBR 1.96x 1.32x 0.9x 1.13x 1.98x 2.55x 2.35x 2.12x
PEG - -0.6x -0.6x 0.5x 0.6x 0.4x 1.1x 1.2x
Capitalization / Revenue 1.32x 0.92x 0.6x 0.7x 1.09x 1.12x 1.05x 0.97x
EV / Revenue 1.64x 1.33x 0.96x 1.12x 1.5x 1.47x 1.41x 1.26x
EV / EBITDA 12.1x 11.6x 11.5x 11.7x 12.1x 12.8x 11.7x 9.99x
EV / EBIT 18.4x 22.3x 18.7x 29.4x 22.3x 24x 20.1x 17.3x
EV / FCF -14.5x 10.5x -9.95x -11.9x -38.1x 116x 7.08x -
FCF Yield -6.87% 9.49% -10.1% -8.38% -2.63% 0.86% 14.1% -
Dividend per Share 2 0.25 0.12 0.1 0.14 0.2 0.2716 0.3409 0.3857
Rate of return 1.52% 1.09% 1.25% 1.36% 0.98% 0.96% 1.21% 1.37%
EPS 2 0.7887 0.5203 0.2879 0.4206 0.6355 1.038 1.25 1.452
Distribution rate 31.7% 23.1% 34.7% 33.3% 31.5% 26.2% 27.3% 26.6%
Net sales 1 50,416 46,437 50,457 56,699 72,782 96,693 102,943 111,409
EBITDA 1 6,813 5,358 4,250 5,450 8,984 11,090 12,403 14,066
EBIT 1 4,483 2,775 2,599 2,168 4,882 5,927 7,221 8,116
Net income 1 3,457 2,383 1,331 1,860 2,774 4,554 5,379 5,836
Net Debt 1 16,268 19,222 18,591 23,703 29,354 33,785 36,437 32,046
Reference price 2 16.47 11.00 8.00 10.33 20.40 28.16 28.16 28.16
Nbr of stocks (in thousands) 4,225,068 4,225,068 4,225,068 4,182,839 4,222,239 4,222,229 - -
Announcement Date 25/03/22 30/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.46x1.48x12.86x0.95% 16.16B
23.34x1.14x9.24x0.82% 30.24B
32.11x4.28x23.46x-.--% 7.98B
29.89x6.28x23.69x0.55% 7.78B
18.77x0.85x11.56x2.7% 4.46B
30.34x - - 0.43% 3.09B
47.15x - - 1.14% 2.08B
13.88x - - 0.88% 1.97B
Average 27.87x 2.81x 16.16x 0.94% 9.22B
Weighted average by Cap. 26.32x 2.18x 13.66x 0.84%

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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