Company Valuation: China Resources Mixc Lifestyle Services Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 69,094 67,593 80,054 57,701 61,986 93,966 93,966 -
Change - -2.17% 18.44% -27.92% 7.43% 51.59% 0% -
Enterprise Value (EV) 1 58,937 56,054 67,331 42,001 49,608 83,700 83,276 82,680
Change - -4.89% 20.12% -37.62% 18.11% 68.72% -0.51% -0.72%
P/E ratio 62.4x 39.2x 36.3x 19.7x 17.1x 23.5x 20.8x 18.8x
PBR 5.54x 4.87x 5.61x 3.62x 3.75x 5.67x 5.38x 5.11x
PEG - 0.7x 1.3x 0.6x 0.7x 2.36x 1.6x 1.7x
Capitalization / Revenue 10.2x 7.62x 6.66x 3.91x 3.64x 5.11x 4.68x 4.31x
EV / Revenue 8.69x 6.32x 5.6x 2.84x 2.91x 4.55x 4.15x 3.79x
EV / EBITDA 46.8x 28x 25.5x 11.2x 10.6x 15.5x 13.6x 12.1x
EV / EBIT 48.8x 29.8x 28x 12.1x 11.4x 16x 14.1x 12.6x
EV / FCF 65.9x 27.5x 38x 16.1x 12.8x 21.1x 21x 17.1x
FCF Yield 1.52% 3.63% 2.63% 6.21% 7.79% 4.74% 4.76% 5.83%
Dividend per Share 2 0.132 0.276 0.439 0.704 0.922 1.727 1.919 2.113
Rate of return 0.44% 0.93% 1.25% 2.78% 3.4% 4.2% 4.66% 5.13%
EPS 2 0.485 0.756 0.967 1.283 1.59 1.749 1.978 2.191
Distribution rate 27.2% 36.5% 45.4% 54.9% 58% 98.8% 97% 96.4%
Net sales 1 6,779 8,875 12,016 14,767 17,043 18,379 20,061 21,802
EBITDA 1 1,258 2,003 2,641 3,735 4,699 5,410 6,141 6,820
EBIT 1 1,207 1,881 2,407 3,460 4,344 5,236 5,907 6,557
Net income 1 817.7 1,725 2,206 2,929 3,629 3,975 4,485 5,012
Net Debt 1 -10,158 -11,539 -12,723 -15,700 -12,378 -10,266 -10,690 -11,286
Reference price 2 30.27 29.61 35.07 25.28 27.16 41.17 41.17 41.17
Nbr of stocks (in thousands) 2,282,500 2,282,500 2,282,500 2,282,500 2,282,500 2,282,500 2,282,500 -
Announcement Date 3/29/21 3/30/22 3/28/23 3/25/24 3/26/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.54x4.55x15.47x4.2% 13.54B
-12.66x1.22x-57.31x-.--% 4.65B
13.94x0.2x2.59x8.48% 2.88B
9.02x0.03x0.36x8% 2.67B
10.36x0.28x2.13x4.85% 2.35B
13.13x0.35x4x5.53% 1.78B
12.79x1.69x5.23x2.74% 1.72B
Average 10.02x 1.19x -3.93x 4.83% 4.23B
Weighted average by Cap. 13.31x 2.44x -0.93x 4.34%
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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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