The Discounted Cash Flow (DCF) valuation of Chenzhou City Jingui Silver Industry Co Ltd (002716.SZ) is 4.34 CNY. With the latest stock price at 4.41 CNY, the upside of Chenzhou City Jingui Silver Industry Co Ltd based on DCF is -1.5%.

Is 002716.SZ a buy or a sell?

Based on the latest price of 4.41 CNY and our DCF valuation, Chenzhou City Jingui Silver Industry Co Ltd (002716.SZ) is a sell. Selling 002716.SZ stocks now will result in a potential gain of 1.5%.

	Range	Selected
WACC / Discount Rate	8.8% - 11.3%	10.1%
Long-term Growth Rate	2.5% - 4.5%	3.5%
Fair Price	3.28 - 6.54	4.34
Upside	-25.7% - 48.4%	-1.5%

4.41 CNY

Stock Price

4.34 CNY

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

002716.SZ DCF Valuation: Revenue & Expenses Forecast

(CNY in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	8,313	8,984	9,164	9,591	10,205	11,029
% Growth	62%	8%	2%	5%	6%	8%

Cost of goods sold	(7,793)	(8,254)	(8,250)	(8,462)	(8,824)	(9,346)
% of Revenue	94%	92%	90%	88%	86%	85%

Selling, G&A expenses	(201)	(217)	(221)	(232)	(247)	(266)
% of Revenue	2%	2%	2%	2%	2%	2%

Research & Development	(37)	(40)	(41)	(43)	(46)	(50)
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(75)	(81)	(83)	(87)	(92)	(100)
% of Revenue	1%	1%	1%	1%	1%	1%

Tax expense	(37)	(36)	(53)	(71)	(93)	(118)
Tax rate	18%	9%	9%	9%	9%	9%

Net profit	170	355	515	696	904	1,150
% Margin	2%	4%	6%	7%	9%	10%