Company Valuation: XD Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,189 9,018 4,370 11,406 28,218 15,994 - -
Change - -40.63% -51.54% 160.99% 147.4% -43.32% - -
Enterprise Value (EV) 1 13,054 6,195 1,367 8,784 24,651 11,326 9,806 8,091
Change - -52.54% -77.94% 542.71% 180.64% -54.05% -13.42% -17.49%
P/E -17.3x -16.3x -51.4x 14x 19x 10.9x 9.18x 8.13x
PBR 6.49x 4.78x 2.56x 4.46x 7.64x 3.43x 2.54x 2.11x
PEG - 0.4x 0.6x -0x 0.2x 8.71x 0.5x 0.6x
Capitalization / Revenue 5.62x 2.63x 1.29x 2.28x 4.9x 2.47x 2.2x 2.03x
EV / Revenue 4.83x 1.81x 0.4x 1.75x 4.28x 1.75x 1.35x 1.03x
EV / EBITDA -17x -17.5x 8.63x 8.31x 13.8x 6.02x 4.3x 3.16x
EV / EBIT -13.7x -10.9x -262x 9.6x 14.7x 6.67x 4.89x 3.58x
EV / FCF -23x -17x 5.88x 6.99x 17.7x 6.36x 6.07x 4.18x
FCF Yield -4.34% -5.89% 17% 14.3% 5.65% 15.7% 16.5% 23.9%
Dividend per Share 2 - - - 0.3735 - - - -
Rate of return - - - 1.58% - - - -
EPS 2 -1.86 -1.17 -0.18 1.69 3.07 3.108 3.693 4.168
Distribution rate - - - 22.1% - - - -
Net sales 1 2,703 3,431 3,389 5,012 5,764 6,481 7,277 7,884
EBITDA 1 -768.2 -353 158.4 1,056 1,788 1,882 2,283 2,561
EBIT 1 -955.5 -567.9 -5.222 914.8 1,680 1,697 2,006 2,258
Net income 1 -863.8 -553.5 -83.04 811.5 1,535 1,463 1,785 1,988
Net Debt 1 -2,135 -2,823 -3,004 -2,622 -3,567 -4,668 -6,188 -7,903
Reference price 2 32.18 19.11 9.26 23.63 58.28 33.90 33.90 33.90
Nbr of stocks (in thousands) 471,993 471,993 472,016 482,612 484,209 471,770 - -
Announcement Date 30/3/22 30/3/23 28/3/24 28/3/25 27/3/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.91x1.75x6.02x-.--% 2.38B
16.39x8x17.08x0.26% 4,118B
23.29x7.36x12.94x0.29% 1,849B
14.89x3.97x9.19x1.37% 494B
28.13x13.2x20.85x0.65% 482B
18.93x5.61x16.85x-.--% 283B
20.92x1.52x10.44x1.01% 267B
92.78x12.19x65.47x-.--% 192B
21.26x2.44x12.4x-.--% 139B
7.84x0.85x3.68x-.--% 109B
Average 25.54x 5.69x 17.49x 0.36% 793.51B
Weighted average by Cap. 20.67x 7.51x 16.52x 0.36%

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