| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 1401 | 2577 | 688007 | LOGN | WTO | | 3CP | |
| SEHK:1401 | SZSE:002577 | SHSE:688007 | SWX:LOGN | NasdaqCM:WTO | | DB:3CP | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -1.3% | -0.5% | 4.1% | 8.9% | -6.3% | | 12.2% | |
| 3Y CAGR | 13.4% | -3.5% | -1.1% | -6.0% | -11.3% | | 3.7% | |
| Latest Twelve Months | 3.3% | 7.2% | 10.7% | 6.0% | 47.4% | | 35.0% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -0.7% | 3.1% | 2.9% | 14.9% | -21.6% | | 4.6% | |
| Prior Fiscal Year | 1.3% | 0.2% | 1.7% | 13.9% | -41.7% | | 5.4% | |
| Latest Fiscal Year | -0.6% | 7.7% | 4.4% | 14.6% | -19.9% | | 6.3% | |
| Latest Twelve Months | -0.6% | 7.9% | -0.8% | 14.6% | -64.1% | | 6.3% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.54x | 12.98x | 2.20x | 2.28x | 0.03x | | 2.86x | |
| EV / LTM EBIT | -90.1x | 165.0x | -271.9x | 15.6x | -0.1x | | 45.4x | |
| Price / LTM Sales | 0.50x | 13.64x | 2.71x | 2.63x | 0.21x | | 3.39x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.03x | 2.20x | 12.98x | | | | | |
| Historical EV / LTM Revenue | 0.40x | 0.77x | 2.86x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.78x | 1.88x | 1.97x | | | | | |
| (x) LTM Revenue | 365,906 | 365,906 | 365,906 | | | | | |
| (=) Implied Enterprise Value | 652,624 | 686,973 | 721,322 | | | | | |
| (-) Non-shareholder Claims * | 194,041 | 194,041 | 194,041 | | | | | |
| (=) Equity Value | 846,665 | 881,014 | 915,363 | | | | | |
| (/) Shares Outstanding | 25,973.1 | 25,973.1 | 25,973.1 | | | | | |
| Implied Value Range | 32.60 | 33.92 | 35.24 | | | | | |
| FX Rate: CNY/EUR | 8.1 | 8.1 | 8.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 4.00 | 4.16 | 4.33 | | 5.89 | | | |
| Upside / (Downside) | -32.1% | -29.3% | -26.5% | | | | | |