002721.SZ
Beijing Kingee Culture Development Co Ltd
Price:
4.29
CNY
Volume:
537,832,500
China | Metals & Mining
002721.SZ DCF Valuation - Growth Exit 5Y
-82.8 %
Upside
What is the DCF valuation of 002721.SZ?
The Discounted Cash Flow (DCF) valuation of Beijing Kingee Culture Development Co Ltd (002721.SZ) is 0.74 CNY. With the latest stock price at 4.29 CNY, the upside of Beijing Kingee Culture Development Co Ltd based on DCF is -82.8%.
Is 002721.SZ a buy or a sell?
Based on the latest price of 4.29 CNY and our DCF valuation, Beijing Kingee Culture Development Co Ltd (002721.SZ) is a sell. Selling 002721.SZ stocks now will result in a potential gain of 82.8%.
| Range | Selected | |
| WACC / Discount Rate | 5.4% - 7.5% | 6.4% |
| Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
| Fair Price | 0.52 - 3.24 | 0.74 |
| Upside | -87.8% - -24.4% | -82.8% |
4.29 CNY
Stock Price
0.74 CNY
Fair Price
| (CNY in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 373 | 397 | 408 | 417 | 428 | 436 |
| % Growth | 75% | 7% | 3% | 2% | 3% | 2% |
| Cost of goods sold | (297) | (300) | (293) | (285) | (278) | (269) |
| % of Revenue | 80% | 76% | 72% | 68% | 65% | 62% |
| Selling, G&A expenses | (77) | (82) | (84) | (86) | (88) | (90) |
| % of Revenue | 21% | 21% | 21% | 21% | 21% | 21% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | 11 | 12 | 12 | 12 | 13 | 13 |
| % of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
| Tax expense | 5 | (2) | (3) | (4) | (5) | (7) |
| Tax rate | 48% | 7% | 7% | 7% | 7% | 7% |
| Net profit | 15 | 24 | 39 | 54 | 69 | 84 |
| % Margin | 4% | 6% | 10% | 13% | 16% | 19% |