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 23,660 - -
Change - -28.39% 2.74% 75.27% 4.73% -35.69% - -
Enterprise Value (EV) 1 27,242 19,509 20,044 33,208 31,578 15,399 13,862 12,004
Change - -28.39% 2.74% 65.68% -4.91% -51.24% -9.98% -13.41%
P/E 21.6x 22.4x 26.8x -146x 16.9x 13.8x 12.5x 10.8x
PBR - - 1.82x 1.7x 1.27x 0.79x 0.74x 0.69x
PEG - -0.6x -1x 1x -0x -0.7x 1.3x 0.7x
Capitalization / Revenue - - 5.1x 8.93x 9.68x 5.39x 4.76x 4.2x
EV / Revenue - - 5.1x 8.44x 8.31x 3.51x 2.79x 2.13x
EV / EBITDA - - 9.18x 31.5x 9.03x 5.09x 4.09x 2.99x
EV / EBIT - - 18.8x 475x 16.8x 11x 8.02x 5.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.1366 0.0872 0.0646 -0.0168 0.1298 0.104 0.114 0.132
Distribution rate - - - - - - - -
Net sales 1 - - 3,928 3,936 3,800 4,393 4,972 5,629
EBITDA 1 - - 2,183 1,056 3,495 3,026 3,393 4,016
EBIT 1 - - 1,063 69.9 1,885 1,396 1,729 2,070
Net income 1 1,450 902.3 739.1 -204.3 2,042 1,665 1,816 2,114
Net Debt 1 - - - -1,922 -5,215 -8,261 -9,798 -11,656
Reference price 2 2.950 1.950 1.730 2.450 2.190 1.430 1.430 1.430
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.($)
13.75x3.51x5.09x-.--% 3.02B
50.75x0.91x7.11x1.84% 12.21B
-401.96x8.73x-913.28x-.--% 9.38B
26.76x3.18x13.66x1.39% 8.14B
56.71x16.1x40.89x0.46% 4.76B
10.69x1.51x8.01x4.43% 4.31B
22.1x1.71x3.05x0.74% 3.93B
-87.69x1.53x14.35x-.--% 3.39B
74.28x3.63x23.07x0.33% 3.4B
Average -26.07x 4.53x -88.67x 1.02% 5.84B
Weighted average by Cap. -48.20x 4.51x -151.92x 1.12%

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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