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Yantai Changyu Pioneer Wine Co Ltd
SZSE:000869

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Yantai Changyu Pioneer Wine Co Ltd
SZSE:000869
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Price: 19.27 CNY 1.21% Market Closed
Market Cap: ¥8.9B

EV/EBIT

29.3
Current
40%
More Expensive
vs 3-y average of 20.9

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
29.3
=
Enterprise Value
¥8B
/
EBIT
¥250.8m

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
29.3
=
Enterprise Value
¥8B
/
EBIT
¥250.8m

Valuation Scenarios

Yantai Changyu Pioneer Wine Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (20.9), the stock would be worth ¥13.77 (29% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-48%
Maximum Upside
No Upside Scenarios
Average Downside
28%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 29.3 ¥19.27
0%
3-Year Average 20.9 ¥13.77
-29%
5-Year Average 19.8 ¥13.03
-32%
Industry Average 15.2 ¥10.03
-48%
Country Average 28.9 ¥19.04
-1%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥8B
/
Oct 2025
¥250.8m
=
29.3
Current
¥8B
/
Dec 2025
¥934.3m
=
8.5
Forward
¥8B
/
Dec 2026
¥1B
=
7.8
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 Distribution

In line with most companies in China
Percentile
50th
Based on 5 337 companies
50th percentile
29.3
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

Yantai Changyu Pioneer Wine Co Ltd
Glance View

Market Cap
8.9B CNY
Industry
Beverages

Yantai Changyu Pioneer Wine Co Ltd, rooted in China's rich historical tapestry, stands as a testament to the country's evolving viniculture landscape. Founded in 1892 by the visionary diplomat Zhang Bishi, the winery quickly embarked on a journey that would see it blend traditional winemaking with modern techniques. Nestled in the coastal city of Yantai, known for its distinct climate conducive to grape cultivation, Changyu has tapped into this geographical advantage, nurturing vineyards that produce a diverse range of grape varietals. The company primarily generates revenue through the production and sale of its extensive wine portfolio, which includes both traditional Chinese offerings and internationally recognized wines. This combination of local craftsmanship and global appeal allows Changyu to cater to a wide array of palates, thus broadening its market reach both domestically and internationally. In its pursuit of wine excellence, Changyu has made strategic investments in technology and collaborations, highlighting partnerships with renowned European wineries. This approach not only elevates the quality of its offerings but also ensures adherence to international standards, making its wines competitive on a global stage. By maintaining a dynamic distribution network and leveraging China's growing middle-class demand for premium products, Changyu efficiently moves its products through retail channels, distributors, and direct sales, sustaining a robust sales pipeline. The company's brand strength is further bolstered through well-orchestrated marketing endeavors, wine tourism ventures, and an expanding portfolio of products including brandy and other spirits. Together, these elements construct a sustainable business model that seamlessly blends heritage with innovation, ensuring Yantai Changyu Pioneer Wine Co Ltd remains at the forefront of the wine industry in China and beyond.

Intrinsic Value
27.46 CNY
Undervaluation 30%
Intrinsic Value
Price ¥19.27
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