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Zhejiang Hailiang Co Ltd
SZSE:002203

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Zhejiang Hailiang Co Ltd
SZSE:002203
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Price: 17.64 CNY -3.34% Market Closed
Market Cap: ¥40.4B

EV/EBITDA

29
Current
38%
More Expensive
vs 3-y average of 20.9

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

EV/EBITDA
29
=
Enterprise Value
¥44B
/
EBITDA
¥1.8B

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

EV/EBITDA
29
=
Enterprise Value
¥44B
/
EBITDA
¥1.8B

Valuation Scenarios

Zhejiang Hailiang Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (20.9), the stock would be worth ¥12.76 (28% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-28%
Maximum Upside
No Upside Scenarios
Average Downside
15%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 29 ¥17.64
0%
3-Year Average 20.9 ¥12.76
-28%
5-Year Average 21.5 ¥13.07
-26%
Industry Average 27.4 ¥16.7
-5%
Country Average 28.8 ¥17.56
0%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥44B
/
Oct 2025
¥1.8B
=
29
Current
¥44B
/
Dec 2025
¥4.2B
=
10.4
Forward
¥44B
/
Dec 2026
¥6.5B
=
6.8
Forward
¥44B
/
Dec 2027
¥7.6B
=
5.8
Forward

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

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
50th
Based on 5 409 companies
50th percentile
29
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

Zhejiang Hailiang Co Ltd
Glance View

Market Cap
40.4B CNY
Industry
Metals & Mining

Zhejiang Hailiang Co., Ltd. has etched a prominent space in the non-ferrous metals industry, particularly in the production of copper products. Originally founded in 2001, the company swiftly evolved from its modest beginnings into a major player due to its strategic emphasis on innovation and quality. Its business model revolves around the manufacturing and sale of high-performance copper tubing and pipes, which are essential components in a plethora of applications such as refrigeration, air conditioning, and electrical engineering. Over the years, Hailiang has capitalized on increasing global demand for energy-efficient solutions, providing critical materials that underpin cooling systems and renewable energy technologies. Underpinning Zhejiang Hailiang's success is its vertically integrated approach, which allows it to control various stages of production and maintain consistent quality across its product lines. The company utilizes state-of-the-art technology to meet stringent environmental and efficiency standards, which not only fosters sustainability but also enhances profitability by reducing waste and conserving energy. By expanding its distribution network and establishing a significant presence in both domestic and international markets, Hailiang has built strong relationships with industry-leading clients and diversified its revenue streams. This strategic maneuvering, coupled with its robust supply chain management, underlines how Zhejiang Hailiang Co. crafts its narrative of growth and operational excellence in a highly competitive sector.

Intrinsic Value
23.98 CNY
Undervaluation 26%
Intrinsic Value
Price ¥17.64
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