Company Valuation: TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 77,340 134,543 121,005 62,718 35,818 35,737 35,737 -
Change - 73.96% -10.06% -48.17% -42.89% -0.23% 0% -
Enterprise Value (EV) 1 88,660 144,405 145,736 92,891 73,790 81,862 81,072 76,713
Change - 62.88% 0.92% -36.26% -20.56% 10.94% -0.97% -5.38%
P/E ratio 67.6x 31.7x 17.8x 18.4x -3.6x -4.81x -85.8x 18.6x
PBR 4.03x 4.26x 3.24x 1.52x 1.16x 1.48x 1.41x 1.31x
PEG - 0x 0.3x -0.4x 0x 0.2x 0.9x -0x
Capitalization / Revenue 4.06x 3.28x 1.81x 1.06x 1.26x 1.13x 0.86x 0.75x
EV / Revenue 4.65x 3.52x 2.17x 1.57x 2.6x 2.6x 1.95x 1.62x
EV / EBITDA 23.4x 18.4x 12.4x 8.43x -69.1x 18.2x 8.36x 7.26x
EV / EBIT 54.4x 28.9x 19.9x 20.3x -6.62x -9.61x 126x 34.4x
EV / FCF -118x -79.3x -23.7x -13.3x -18.2x -5.45x 4.5x -13.3x
FCF Yield -0.84% -1.26% -4.22% -7.52% -5.5% -18.3% 22.2% -7.51%
Dividend per Share 2 0.048 0.088 0.08 0.26 - - 0.0539 0.1059
Rate of return 0.24% 0.26% 0.27% 1.66% - - 0.61% 1.2%
EPS 2 0.3016 1.053 1.697 0.8518 -2.463 -1.84 -0.1032 0.4747
Distribution rate 15.9% 8.36% 4.71% 30.5% - - -52.3% 22.3%
Net sales 1 19,057 41,025 67,010 59,146 28,419 31,517 41,504 47,421
EBITDA 1 3,783 7,848 11,712 11,023 -1,068 4,502 9,698 10,566
EBIT 1 1,631 5,004 7,325 4,565 -11,139 -8,516 645.3 2,233
Net income 1 1,089 4,020 6,819 3,416 -9,818 -7,447 -414 2,053
Net Debt 1 11,320 9,862 24,731 30,173 37,972 46,125 45,335 40,976
Reference price 2 20.400 33.400 30.128 15.640 8.870 8.850 8.850 8.850
Nbr of stocks (in thousands) 3,791,158 4,028,245 4,016,351 4,010,093 4,038,104 4,038,104 4,038,104 -
Announcement Date 3/10/21 3/10/22 3/28/23 4/25/24 4/25/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-4.73x2.85x20.76x-.--% 5.05B
16.57x4.72x11.24x-.--% 25.98B
-31.8x1.47x32.56x-.--% 18.87B
27.14x3.85x16.41x-.--% 14.29B
-12.94x1.56x16.9x-.--% 11.75B
22.49x5.34x18.07x2.41% 11.04B
43.73x1.64x12.19x0.37% 8.45B
-13.53x0.87x14.16x-.--% 8.11B
19.63x2.84x12.22x - 7.92B
-37.21x9.29x83.99x-.--% 7.52B
Average 2.93x 3.44x 23.85x 0.31% 11.9B
Weighted average by Cap. 3.58x 3.45x 21.77x 0.27%
See all sector valuations

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

  1. Stock Market
  2. Equities
  3. 002129 Stock
  4. Valuation TCL Zhonghuan Renewable Energy Technology Co.,Ltd.