| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 300471 | 2236 | 852 | 2629 | RCON | | 300157 | |
| SZSE:300471 | SEHK:2236 | SZSE:000852 | SZSE:002629 | NasdaqCM:RCON | | SZSE:300157 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 3.2% | 5.3% | 11.3% | -39.4% | -7.6% | | -15.1% | |
| 3Y CAGR | -10.2% | -3.5% | 10.6% | 24.5% | 12.8% | | -1.9% | |
| Latest Twelve Months | -32.3% | 47.0% | -6.0% | -5.8% | 2.6% | | -18.9% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -7.4% | -10.3% | 1.9% | -24.3% | -80.9% | | -25.8% | |
| Prior Fiscal Year | -4.0% | -8.3% | 1.5% | -27.0% | -101.8% | | -15.2% | |
| Latest Fiscal Year | -13.9% | -18.1% | 1.8% | -24.7% | -104.0% | | -13.6% | |
| Latest Twelve Months | -13.9% | -18.1% | 2.1% | -11.5% | -104.0% | | -22.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 5.95x | -0.32x | 1.24x | 12.22x | 2.41x | | 3.84x | |
| EV / LTM EBIT | -42.7x | -87.1x | 60.2x | -106.6x | -2.3x | | -16.8x | |
| Price / LTM Sales | 5.79x | 0.20x | 0.96x | 12.18x | 4.86x | | 4.50x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -0.32x | 2.41x | 12.22x | | | | | |
| Historical EV / LTM Revenue | 2.49x | 3.88x | 4.93x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 3.50x | 3.69x | 3.87x | | | | | |
| (x) LTM Revenue | 507 | 507 | 507 | | | | | |
| (=) Implied Enterprise Value | 1,774 | 1,868 | 1,961 | | | | | |
| (-) Non-shareholder Claims * | 332 | 332 | 332 | | | | | |
| (=) Equity Value | 2,106 | 2,199 | 2,293 | | | | | |
| (/) Shares Outstanding | 725.5 | 725.5 | 725.5 | | | | | |
| Implied Value Range | 2.90 | 3.03 | 3.16 | | | | | |
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 2.90 | 3.03 | 3.16 | | 3.14 | | | |
| Upside / (Downside) | -7.6% | -3.5% | 0.6% | | | | | |