The Discounted Cash Flow (DCF) valuation of Yantai LongYuan Power Technology Co Ltd (300105.SZ) is 6.56 CNY. With the latest stock price at 7.83 CNY, the upside of Yantai LongYuan Power Technology Co Ltd based on DCF is -16.2%.
Based on the latest price of 7.83 CNY and our DCF valuation, Yantai LongYuan Power Technology Co Ltd (300105.SZ) is a sell. Selling 300105.SZ stocks now will result in a potential gain of 16.2%.
Range | Selected | |
WACC / Discount Rate | 8.4% - 12.3% | 10.4% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 5.07 - 10.01 | 6.56 |
Upside | -35.2% - 27.9% | -16.2% |
(CNY in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 1,277 | 1,450 | 1,569 | 1,713 | 1,875 | 2,093 |
% Growth | 13% | 14% | 8% | 9% | 9% | 12% |
Cost of goods sold | (1,088) | (1,174) | (1,208) | (1,252) | (1,302) | (1,381) |
% of Revenue | 85% | 81% | 77% | 73% | 69% | 66% |
Selling, G&A expenses | (119) | (135) | (146) | (159) | (175) | (195) |
% of Revenue | 9% | 9% | 9% | 9% | 9% | 9% |
Research & Development | (40) | (46) | (50) | (54) | (59) | (66) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Net interest & other expenses | 51 | 58 | 63 | 68 | 75 | 83 |
% of Revenue | 4% | 4% | 4% | 4% | 4% | 4% |
Tax expense | (14) | (2) | (2) | (3) | (4) | (5) |
Tax rate | 18% | 1% | 1% | 1% | 1% | 1% |
Net profit | 65 | 151 | 226 | 312 | 409 | 529 |
% Margin | 5% | 10% | 14% | 18% | 22% | 25% |