Company Valuation: Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 7,355 6,725 4,408 9,675 13,360 14,123
Change - -8.57% -34.45% 119.49% 38.09% 5.71%
Enterprise Value (EV) 1 7,284 6,761 4,285 9,230 13,003 13,724
Change - -7.18% -36.62% 115.38% 40.89% 5.54%
P/E 131x 170x 82.6x 112x 109x 120x
PBR 14.4x 11.2x 5.74x 7.77x 9.81x 8.25x
PEG - -5.7x 2.7x 2.1x 2.6x -16.92x
Capitalization / Revenue 13.5x 8.56x 5.99x 12.1x 14.1x 13.2x
EV / Revenue 13.4x 8.6x 5.83x 11.5x 13.7x 12.8x
EV / EBITDA 100x 112x 64.1x 69.2x 82.5x 78.1x
EV / EBIT 121x 153x 87x 80x 93.4x 95.8x
EV / FCF 719x -239x 817x -103x -74.4x -75.3x
FCF Yield 0.14% -0.42% 0.12% -0.97% -1.34% -1.33%
Dividend per Share 2 0.0348 0.0235 0.0287 0.0473 0.0682 0.0636
Rate of return 0.17% 0.13% 0.24% 0.19% 0.2% 0.18%
EPS 2 0.1565 0.1096 0.1435 0.221 0.3131 0.2909
Distribution rate 22.2% 21.4% 20% 21.4% 21.8% 21.9%
Net sales 1 544 785.8 735.3 799.3 949.4 1,069
EBITDA 1 72.73 60.29 66.88 133.4 157.6 175.7
EBIT 1 60.07 44.27 49.27 115.3 139.2 143.2
Net income 1 56.83 40 52.67 85.49 122.4 118.1
Net Debt 1 -71.22 36.15 -122.6 -445 -356.7 -399.9
Reference price 2 20.50 18.65 11.85 24.79 34.23 35.05
Nbr of stocks (in thousands) 358,795 360,528 371,924 390,336 390,336 403,005
Announcement Date 27/04/21 27/04/22 25/04/23 08/04/24 23/04/25 27/04/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.78B
38.16x5.19x21.03x1.02% 81.17B
29.85x4.49x19.44x2.23% 38.18B
25.79x3.06x15.85x2.02% 38.04B
13.75x1.34x8.22x2.3% 24.39B
11.05x3.05x6.08x2.44% 22.63B
36.04x8.83x26.86x2.54% 22.56B
25.54x2.75x11.19x1.77% 18.37B
13.35x2.68x6.06x1.21% 15.72B
23.44x2.86x13.12x1.43% 14.68B
Average 24.11x 3.80x 14.21x 1.88% 27.75B
Weighted average by Cap. 27.71x 4.15x 16.28x 1.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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