Company Valuation: Goldwind Science&Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,438 42,722 30,077 39,972 79,675 70,621 - -
Change - -35.7% -29.6% 32.9% 99.33% -11.36% - -
Enterprise Value (EV) 1 82,706 61,944 48,667 63,675 1,09,029 1,05,006 1,08,581 1,02,668
Change - -25.1% -21.43% 30.84% 71.23% -3.69% 3.41% -5.45%
P/E 20.9x 21.1x 27.8x 24.6x 32.1x 18.5x 13.7x 12.9x
PBR 1.96x 1.32x 0.9x 1.13x 1.98x 1.69x 1.53x 1.41x
PEG - -0.6x -0.6x 0.5x 0.6x 0.3x 0.4x 1.97x
Capitalization / Revenue 1.32x 0.92x 0.6x 0.7x 1.09x 0.73x 0.68x 0.63x
EV / Revenue 1.64x 1.33x 0.96x 1.12x 1.5x 1.09x 1.04x 0.92x
EV / EBITDA 12.1x 11.6x 11.5x 11.7x 12.1x 9.47x 8.52x 7.3x
EV / EBIT 18.4x 22.3x 18.7x 29.4x 22.3x 16.3x 14.1x 11.5x
EV / FCF -14.5x 10.5x -9.95x -11.9x -38.1x -24.5x -17.6x 54.8x
FCF Yield -6.87% 9.49% -10.1% -8.38% -2.63% -4.07% -5.69% 1.83%
Dividend per Share 2 0.25 0.12 0.1 0.14 0.2 0.2756 0.3497 0.3857
Rate of return 1.52% 1.09% 1.25% 1.36% 0.98% 1.48% 1.88% 2.07%
EPS 2 0.7887 0.5203 0.2879 0.4206 0.6355 1.002 1.353 1.442
Distribution rate 31.7% 23.1% 34.7% 33.3% 31.5% 27.5% 25.8% 26.8%
Net sales 1 50,416 46,437 50,457 56,699 72,782 96,676 1,04,423 1,11,409
EBITDA 1 6,813 5,358 4,250 5,450 8,984 11,090 12,749 14,066
EBIT 1 4,483 2,775 2,599 2,168 4,882 6,430 7,674 8,943
Net income 1 3,457 2,383 1,331 1,860 2,774 4,523 5,293 6,300
Net Debt 1 16,268 19,222 18,591 23,703 29,354 34,385 37,960 32,046
Reference price 2 16.47 11.00 8.00 10.33 20.40 18.59 18.59 18.59
Nbr of stocks (in thousands) 42,25,068 42,25,068 42,25,068 41,82,839 42,22,239 42,22,229 - -
Announcement Date 25/03/22 30/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.84x1.1x9.55x1.46% 1.06TCr
21.51x1.02x8.35x0.91% 2.68TCr
30.62x4.09x22.43x0.42% 748.74Cr
15.55x3.52x14.8x1.07% 456.22Cr
14.22x0.58x7.73x3.67% 330.68Cr
17.82x - - 0.73% 182.06Cr
21.25x2.33x10.96x - 143.65Cr
24.37x - - 1.84% 129.05Cr
Average 20.52x 2.11x 12.30x 1.44% 715.96Cr
Weighted average by Cap. 21.25x 1.68x 11.10x 1.14%

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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