The Discounted Cash Flow (DCF) valuation of Chunghsin Technology Group Co Ltd (603996.SS) is (30.09) CNY. With the latest stock price at 0.39 CNY, the upside of Chunghsin Technology Group Co Ltd based on DCF is -7815.5%.
Based on the latest price of 0.39 CNY and our DCF valuation, Chunghsin Technology Group Co Ltd (603996.SS) is a sell. Selling 603996.SS stocks now will result in a potential gain of 7815.5%.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
WACC / Discount Rate | 6.7% - 8.0% | 7.3% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (51.08) - (22.95) | (30.09) |
Upside | -13197.9% - -5984.2% | -7815.5% |
(CNY in millions) | Projections | |||||
12-2021 | 12-2022 | 12-2023 | 12-2024 | 12-2025 | 12-2026 | |
Revenue | 1 | 1 | 1 | 1 | 1 | 1 |
% Growth | 99% | -10% | 2% | 5% | 2% | 2% |
Cost of goods sold | (18) | (15) | (15) | (14) | (14) | (14) |
% of Revenue | 2194% | 2084% | 1980% | 1881% | 1787% | 1697% |
Selling, G&A expenses | (205) | (184) | (187) | (196) | (200) | (204) |
% of Revenue | 25581% | 25581% | 25581% | 25581% | 25581% | 25581% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (208) | (186) | (190) | (199) | (203) | (207) |
% of Revenue | 25962% | 25962% | 25962% | 25963% | 25962% | 25963% |
Tax expense | 0 | 5 | 5 | 5 | 5 | 5 |
Tax rate | 0% | 1% | 1% | 1% | 1% | 1% |
Net profit | (429) | (380) | (387) | (404) | (411) | (419) |
% Margin | -53638% | -37991% | -38675% | -40400% | -41135% | -41887% |