Company Valuation: China Ruyi Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,242 19,509 20,044 35,130 36,793 25,232 - -
Change - -28.39% 2.74% 75.27% 4.73% -31.42% - -
Enterprise Value (EV) 1 27,242 19,509 20,044 33,208 31,578 17,906 16,693 15,162
Change - -28.39% 2.74% 65.68% -4.91% -43.3% -6.78% -9.17%
P/E 21.6x 22.4x 26.8x -146x 16.9x 18.2x 16.4x 14x
PBR - - 1.82x 1.7x 1.27x 0.87x 0.82x 0.77x
PEG - -0.6x -1x 1x -0x -0.5x 1.5x 0.8x
Capitalization / Revenue - - 5.1x 8.93x 9.68x 6.59x 5.83x 5.14x
EV / Revenue - - 5.1x 8.44x 8.31x 4.68x 3.85x 3.09x
EV / EBITDA - - 9.18x 31.5x 9.03x 6.29x 5.3x 4.05x
EV / EBIT - - 18.8x 475x 16.8x 11x 8.69x 6.67x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.1366 0.0872 0.0646 -0.0168 0.1298 0.084 0.093 0.109
Distribution rate - - - - - - - -
Net sales 1 - - 3,928 3,936 3,800 3,828 4,332 4,904
EBITDA 1 - - 2,183 1,056 3,495 2,847 3,152 3,744
EBIT 1 - - 1,063 69.9 1,885 1,630 1,921 2,273
Net income 1 1,450 902.3 739.1 -204.3 2,042 1,475 1,633 1,922
Net Debt 1 - - - -1,922 -5,215 -7,326 -8,539 -10,070
Reference price 2 2.950 1.950 1.730 2.450 2.190 1.525 1.525 1.525
Nbr of stocks (in thousands) 9,234,648 10,004,648 11,585,898 14,338,927 16,800,615 16,545,651 - -
Announcement Date 31/3/22 31/3/23 28/3/24 31/3/25 31/3/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
50.13x0.88x6.91x1.97% 11.42B
-354.02x9.03x-943.91x-.--% 9.69B
26.74x3.2x13.81x1.38% 8.27B
51.7x2.46x5.31x0.51% 5.29B
58.73x16.43x41.57x1.08% 4.81B
11.7x1.46x7.64x4.35% 4.09B
79.68x3.96x25.18x0.3% 3.65B
18.15x4.68x6.29x-.--% 3.22B
-93.45x1.5x14x-.--% 3.27B
Average -16.74x 4.84x -91.47x 1.07% 5.97B
Weighted average by Cap. -37.05x 4.77x -158.99x 1.13%

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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