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Xiamen Changelight Co Ltd
SZSE:300102

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Xiamen Changelight Co Ltd
SZSE:300102
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Price: 32.07 CNY -5.57% Market Closed
Market Cap: ¥29.5B

EV/EBIT

398.5
Current
361%
More Expensive
vs 3-y average of 86.5

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
398.5
=
Enterprise Value
¥27.6B
/
EBIT
¥73.8m

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
398.5
=
Enterprise Value
¥27.6B
/
EBIT
¥73.8m

Valuation Scenarios

Xiamen Changelight Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (86.5), the stock would be worth ¥6.96 (78% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-93%
Maximum Upside
No Upside Scenarios
Average Downside
85%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 398.5 ¥32.07
0%
3-Year Average 86.5 ¥6.96
-78%
5-Year Average 43.4 ¥3.5
-89%
Industry Average 81.2 ¥6.53
-80%
Country Average 28.9 ¥2.33
-93%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
Xiamen Changelight Co Ltd
SZSE:300102
29.5B CNY 398.5 257.4
US
NVIDIA Corp
NASDAQ:NVDA
5.1T USD 38.2 42.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 72.3 80.2
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
56.7T TWD 26 31.5
US
Micron Technology Inc
NASDAQ:MU
560.3B USD 19.8 23.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
566.9B USD 151.2 130.8
KR
SK Hynix Inc
KRX:000660
701.7T KRW 18.8 20.7
US
Intel Corp
NASDAQ:INTC
412.2B USD -18 211.9 -1 543.8
US
Texas Instruments Inc
NASDAQ:TXN
251.4B USD 39.2 47.1
UK
Arm Holdings PLC
NASDAQ:ARM
249.4B USD 280.7 311.3
US
Analog Devices Inc
NASDAQ:ADI
195.1B USD 56.9 72.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
X
Xiamen Changelight Co Ltd
SZSE:300102
Average EV/EBIT: 110.2
398.5
N/A N/A
US
NVIDIA Corp
NASDAQ:NVDA
38.2
43%
0.9
US
Broadcom Inc
NASDAQ:AVGO
72.3
70%
1
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
26
28%
0.9
US
Micron Technology Inc
NASDAQ:MU
19.8
87%
0.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
151.2
94%
1.6
KR
SK Hynix Inc
KRX:000660
18.8
52%
0.4
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -18 211.9 N/A N/A
US
Texas Instruments Inc
NASDAQ:TXN
39.2
18%
2.2
UK
Arm Holdings PLC
NASDAQ:ARM
280.7
58%
4.8
US
Analog Devices Inc
NASDAQ:ADI
56.9
38%
1.5

Market Distribution

Higher than 95% of companies in China
Percentile
95th
Based on 5 337 companies
95th percentile
398.5
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

Xiamen Changelight Co Ltd
Glance View

Market Cap
29.5B CNY
Industry
Semiconductors

Xiamen Changelight Co. Ltd., nestled within the coastal, tech-savvy city of Xiamen, China, operates as a dynamic force in the optoelectronic industry. Since its inception, the company has strategically positioned itself in the market by focusing on the development and manufacturing of various semiconductor products, particularly light-emitting diodes (LEDs) and related technologies. Leveraging advanced research and development, Changelight has crafted a reputation for innovation and quality, providing the backbone for the myriad of lighting solutions powering everything from consumer electronics to industrial applications. Their expertise pivots on transforming complex photonics technology into everyday applications, seamlessly integrating cutting-edge design with practical use. Changelight’s core revenue streams flow predominantly from its LED business, where it supplies a wide array of LED chips and devices that meet the stringent demands of global markets. Their products are integral components used in displays, general lighting, automotive lighting, and even specialized applications like horticultural lighting. By serving a diverse clientele across various sectors, Changelight’s business model capitalizes on the increasing global demand for energy-efficient, sustainable lighting solutions. This, paired with an acute awareness of market trends and a robust supply chain, enables Changelight to maintain a competitive edge, ensuring sustained growth and a strong financial performance in the ever-evolving landscape of optoelectronics.

Intrinsic Value
9.46 CNY
Overvaluation 71%
Intrinsic Value
Price ¥32.07
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