China National Gold Group Gold Jewellery Co Ltd
SSE:600916

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China National Gold Group Gold Jewellery Co Ltd
SSE:600916
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Price: 8.93 CNY -1.33% Market Closed
Market Cap: ¥15B

EV/EBIT

6
Current
1%
More Expensive
vs 3-y average of 6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
6
=
Enterprise Value
¥14.6B
/
EBIT
¥1.7B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
6
=
Enterprise Value
¥14.6B
/
EBIT
¥1.7B

Valuation Scenarios

China National Gold Group Gold Jewellery Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (6), the stock would be worth ¥8.81 (1% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+378%
Average Upside
136%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 6 ¥8.93
0%
3-Year Average 6 ¥8.81
-1%
5-Year Average 10.7 ¥15.74
+76%
Industry Average 11.6 ¥17.18
+92%
Country Average 28.9 ¥42.68
+378%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥14.6B
/
Oct 2025
¥1.7B
=
6
Current
¥14.6B
/
Dec 2025
¥1.1B
=
13.2
Forward
¥14.6B
/
Dec 2026
¥1.2B
=
11.9
Forward
¥14.6B
/
Dec 2027
¥1.4B
=
10.8
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
China National Gold Group Gold Jewellery Co Ltd
SSE:600916
15B CNY 6 36.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
234.1B EUR 14.3 21.5
FR
Hermes International SCA
PAR:RMS
172.8B EUR 24.3 38.2
KR
SBW
KRX:102280
235.5T KRW -58 109.2 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.6B CHF 20.1 23.8
FR
EssilorLuxottica SA
PAR:EL
85.9B EUR 28.2 37.1
FR
Christian Dior SE
PAR:CDI
80.1B EUR 5.9 17.7
IN
Titan Company Ltd
NSE:TITAN
4T INR 56.5 82.1
FR
Kering SA
PAR:KER
29.4B EUR 24.7 413
CN
ANTA Sports Products Ltd
HKEX:2020
235.3B HKD 10.1 14.9
US
Tapestry Inc
NYSE:TPR
29.6B USD 19.2 56.6

Market Distribution

Lower than 91% of companies in China
Percentile
9th
Based on 5 337 companies
9th percentile
6
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

China National Gold Group Gold Jewellery Co Ltd
Glance View

China National Gold Group Gold Jewellery Co Ltd stands as a pivotal player in China's booming gold industry. As a subsidiary of China National Gold Group Corporation, it leverages its parent company's comprehensive control over the entire gold value chain—from mining and refining to production and distribution. This integration grants it a unique strategic position, combining the advantages of resource access with a keen understanding of market demand. The company specializes in the design, manufacture, and retail of gold jewelry, catering to a broad spectrum of consumers seeking both traditional and contemporary designs. This focus on consumer preferences and market trends is instrumental in maintaining its competitive edge and appealing to diverse customer segments across China and beyond. The company generates revenue primarily through the sale of gold jewelry, capitalizing on China's enduring cultural affinity for gold. It operates an extensive retail network across major urban centers and online platforms, enhancing accessibility and customer engagement. By incorporating sophisticated marketing strategies and forging strategic partnerships, it effectively taps into various market segments, from the luxury market to more budget-conscious consumers. Additionally, China National Gold Group Gold Jewellery Co Ltd invests in brand development and innovation to distinguish its offerings in a crowded market. This comprehensive approach not only ensures consistent sales growth but also strengthens its brand stature in a global market increasingly attracted to Chinese craftsmanship and design.

Intrinsic Value
15.81 CNY
Undervaluation 44%
Intrinsic Value
Price ¥8.93
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