002647.SZ
Rendong Holdings Co Ltd
Price:  
6.05 
CNY
Volume:  
17,535,728
China | IT Services

002647.SZ DCF Valuation - Growth Exit 5Y

-186.1 %
Upside

What is the DCF valuation of 002647.SZ?

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%.

Is 002647.SZ a buy or a sell?

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 Rate8.1% - 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%
6.05 CNY
Stock Price
(5.21) CNY
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

002647.SZ DCF Valuation: Revenue & Expenses Forecast

(CNY in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue1,159627659672685711
% Growth
36%-46%5%2%2%4%
Cost of goods sold(892)(459)(457)(443)(429)(423)
% of Revenue77%73%69%66%63%60%
Selling, G&A expenses(185)(100)(105)(107)(110)(114)
% of Revenue16%16%16%16%16%16%
Research & Development(51)(27)(29)(29)(30)(31)
% of Revenue4%4%4%4%4%4%
Net interest & other expenses(857)(464)(487)(497)(507)(526)
% of Revenue74%74%74%74%74%74%
Tax expense(6)1818171717
Tax rate1%4%4%4%4%4%
Net profit(832)(405)(402)(388)(374)(366)
% Margin-72%-65%-61%-58%-55%-52%