The Discounted Cash Flow (DCF) valuation of Strait Innovation Internet Co Ltd (300300.SZ) is 1.11 CNY. With the latest stock price at 4.92 CNY, the upside of Strait Innovation Internet Co Ltd based on DCF is -77.4%.

Is 300300.SZ a buy or a sell?

Based on the latest price of 4.92 CNY and our DCF valuation, Strait Innovation Internet Co Ltd (300300.SZ) is a sell. Selling 300300.SZ stocks now will result in a potential gain of 77.4%.

	Range	Selected
WACC / Discount Rate	7.5% - 11.8%	9.7%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	0.53 - 3.21	1.11
Upside	-89.3% - -34.8%	-77.4%

4.92 CNY

Stock Price

1.11 CNY

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

300300.SZ DCF Valuation: Revenue & Expenses Forecast

(CNY in millions)		Projections

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

Revenue	169	178	182	186	193	200
% Growth	35%	5%	2%	2%	4%	4%

Cost of goods sold	(171)	(172)	(166)	(161)	(160)	(157)
% of Revenue	101%	96%	92%	87%	83%	78%

Selling, G&A expenses	(41)	(43)	(44)	(45)	(46)	(48)
% of Revenue	24%	24%	24%	24%	24%	24%

Research & Development	(10)	(10)	(10)	(10)	(11)	(11)
% of Revenue	6%	6%	6%	6%	6%	6%

Net interest & other expenses	57	60	61	62	65	67
% of Revenue	34%	34%	34%	34%	34%	34%

Tax expense	1	(1)	(2)	(3)	(4)	(4)
Tax rate	27%	9%	9%	9%	9%	9%

Net profit	5	12	20	29	38	46
% Margin	3%	7%	11%	15%	19%	23%