The Discounted Cash Flow (DCF) valuation of Rendong Holdings Co Ltd (002647.SZ) is (5.21) CNY. With the latest stock price at 6.05 CNY, the upside of Rendong Holdings Co Ltd based on DCF is -186.1%.
Based on the latest price of 6.05 CNY and our DCF valuation, Rendong Holdings Co Ltd (002647.SZ) is a sell. Selling 002647.SZ stocks now will result in a potential gain of 186.1%.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
WACC / Discount Rate | 8.1% - 11.1% | 9.6% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (8.49) - (3.96) | (5.21) |
Upside | -240.4% - -165.4% | -186.1% |
(CNY in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 1,159 | 627 | 659 | 672 | 685 | 711 |
% Growth | 36% | -46% | 5% | 2% | 2% | 4% |
Cost of goods sold | (892) | (459) | (457) | (443) | (429) | (423) |
% of Revenue | 77% | 73% | 69% | 66% | 63% | 60% |
Selling, G&A expenses | (185) | (100) | (105) | (107) | (110) | (114) |
% of Revenue | 16% | 16% | 16% | 16% | 16% | 16% |
Research & Development | (51) | (27) | (29) | (29) | (30) | (31) |
% of Revenue | 4% | 4% | 4% | 4% | 4% | 4% |
Net interest & other expenses | (857) | (464) | (487) | (497) | (507) | (526) |
% of Revenue | 74% | 74% | 74% | 74% | 74% | 74% |
Tax expense | (6) | 18 | 18 | 17 | 17 | 17 |
Tax rate | 1% | 4% | 4% | 4% | 4% | 4% |
Net profit | (832) | (405) | (402) | (388) | (374) | (366) |
% Margin | -72% | -65% | -61% | -58% | -55% | -52% |