Company Valuation: Shaanxi Construction Machinery Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 11,942 10,830 6,863 4,714 4,010 5,141
Change - -9.31% -36.63% -31.32% -14.93% 28.21%
Enterprise Value (EV) 1 15,688 17,107 15,073 13,846 11,634 11,705
Change - 9.05% -11.89% -8.14% -15.98% 0.61%
P/E Ratio 20.5x 28.9x -153x -6.33x -4.06x -2.34x
PBR 2.05x 1.78x 1.14x 0.9x 0.94x 2.48x
PEG - -0.8x 1x -0x -0.1x -0x
Capitalization / Revenue 2.98x 2.29x 1.77x 1.46x 1.47x 2.02x
EV / Revenue 3.92x 3.62x 3.88x 4.29x 4.27x 4.6x
EV / EBITDA 11.3x 14x 15.5x 28.2x 74.1x -58.4x
EV / EBIT 16.8x 21x 36.1x -72.2x -20.3x -13.4x
EV / FCF -6.07x -4.63x -5.49x -26.8x -103x 19.9x
FCF Yield -16.5% -21.6% -18.2% -3.73% -0.98% 5.03%
Dividend per Share 2 - 0.1154 - - - -
Rate of return - 1.34% - - - -
EPS 2 0.4623 0.298 -0.0356 -0.5925 -0.7863 -1.748
Distribution rate - 38.7% - - - -
Net sales 1 4,001 4,725 3,888 3,228 2,727 2,543
EBITDA 1 1,391 1,222 969.5 490.5 156.9 -200.5
EBIT 1 934 813.2 417.3 -191.8 -574.2 -873.5
Net income 1 553.3 374.6 -44.69 -744.8 -988.4 -2,197
Net Debt 1 3,746 6,278 8,209 9,132 7,624 6,564
Reference price 2 9.500 8.615 5.460 3.750 3.190 4.090
Nbr of stocks (in thousands) 1,257,045 1,257,045 1,257,044 1,257,044 1,257,044 1,257,044
Announcement Date 4/8/21 4/15/22 4/14/23 4/23/24 4/17/25 4/24/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 766M
24.4x4.73x10.45x0.72% 67.02B
43.98x1.74x4.73x-.--% 5.64B
28.97x2.71x6.31x1.91% 5.04B
17.86x - - 1.74% 2.8B
15.39x - - - 1.36B
14.4x0.69x2.75x2.01% 1.17B
Average 24.17x 2.47x 6.06x 1.28% 11.97B
Weighted average by Cap. 25.50x 4.33x 9.67x 0.8%

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 Shaanxi Construction Machinery Co.,Ltd
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