Company Valuation: Baosheng Science and Technology Innovation Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,965 8,132 6,541 6,459 8,640 10,011
Change - 36.32% -19.56% -1.26% 33.76% 15.87%
Enterprise Value (EV) 1 13,968 17,282 15,079 15,185 17,942 18,283
Change - 23.72% -12.74% 0.7% 18.16% 1.9%
P/E 27.2x -10.6x 95.4x 236x -28.6x -243x
PBR 1.32x 2.25x 1.75x 1.72x 2.53x 2.74x
PEG - 0x -1x -3.9x 0x 2.8x
Capitalization / Revenue 0.17x 0.19x 0.16x 0.15x 0.19x 0.21x
EV / Revenue 0.41x 0.4x 0.36x 0.35x 0.39x 0.38x
EV / EBITDA 12.7x 13.3x 15.3x 14.2x 32.9x 20.4x
EV / EBIT 19.7x 20.3x 30.8x 28.4x -575x 36.5x
EV / FCF -14.9x 38.7x 33x -61.2x -23.4x 30.4x
FCF Yield -6.7% 2.59% 3.03% -1.63% -4.28% 3.29%
Dividend per Share 2 0.048 0.048 - - - -
Rate of return 1.1% 0.81% - - - -
EPS 2 0.16 -0.56 0.05 0.02 -0.22 -0.03
Distribution rate 30% -8.57% - - - -
Net sales 1 34,138 42,878 41,482 43,798 46,360 47,959
EBITDA 1 1,098 1,301 987.4 1,071 544.7 897.5
EBIT 1 710 852.8 489.1 534.6 -31.23 500.8
Net income 1 218.5 -763 64.75 31.02 -299.9 -43.89
Net Debt 1 8,003 9,150 8,538 8,726 9,303 8,272
Reference price 2 4.350 5.930 4.770 4.710 6.300 7.300
Nbr of stocks (in thousands) 1,371,366 1,371,366 1,371,366 1,371,366 1,371,366 1,371,366
Announcement Date 14/3/21 14/3/22 14/3/23 14/3/24 14/3/25 13/3/26
1CNY in Million2CNY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.24B
27.94x1.81x14.15x0.77% 44.03B
46.7x6.6x35.33x - 8.84B
19.71x1.03x8.55x2.19% 7.19B
17.21x0.42x7.44x0.78% 6.29B
61.57x4.54x44.03x0.1% 5.76B
18.65x2.22x12.6x1.59% 5.62B
18.55x2.23x12.83x1.67% 4.71B
Average 30.05x 2.69x 19.27x 1.19% 10.46B
Weighted average by Cap. 29.60x 2.39x 17.32x 0.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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