Ningbo Cixing Co Ltd
SZSE:300307

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Ningbo Cixing Co Ltd
SZSE:300307
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Price: 7.04 CNY 2.03% Market Closed
Market Cap: ¥5.6B

EV/GP

9.4
Current
2%
Cheaper
vs 3-y average of 9.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
9.4
=
Enterprise Value
¥4.7B
/
Gross Profit
¥571.3m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
9.4
=
Enterprise Value
¥4.7B
/
Gross Profit
¥571.3m

Valuation Scenarios

Ningbo Cixing Co Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (9.6), the stock would be worth ¥7.19 (2% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+76%
Average Upside
32%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 9.4 ¥7.04
0%
3-Year Average 9.6 ¥7.19
+2%
5-Year Average 9.9 ¥7.41
+5%
Industry Average 16.5 ¥12.36
+76%
Country Average 13.6 ¥10.18
+45%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
CN
Ningbo Cixing Co Ltd
SZSE:300307
5.6B CNY 9.4 57.9
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 5.6 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 101 236.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 2.6 29.8
US
Parker-Hannifin Corp
NYSE:PH
111.3B USD 15.5 31.5
JP
Freund Corp
TSE:6312
16.9T JPY 1 767.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.4T JPY 15.4 54.9
SE
Atlas Copco AB
STO:ATCO A
848.5B SEK 11.9 32.1
US
Illinois Tool Works Inc
NYSE:ITW
73.7B USD 11.3 24
US
Barnes Group Inc
NYSE:B
65B USD 7.2 13
SE
Sandvik AB
STO:SAND
480.6B SEK 10.4 32.4

Market Distribution

In line with most companies in China
Percentile
35th
Based on 6 967 companies
35th percentile
9.4
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

Ningbo Cixing Co Ltd
Glance View

Market Cap
5.6B CNY
Industry
Machinery

Ningbo Cixing Co., Ltd. engages in the research, development, production, and distribution of computer knitting machines. The company is headquartered in Ningbo, Zhejiang and currently employs 1,682 full-time employees. The company went IPO on 2012-03-29. The Company’s main products are computer flat knitting machines. Its also provides automatic equipment and project integration, upper machines and computer seamless knitting underwear machines, among others. The firm distributes its products in domestic market and to overseas market.

Intrinsic Value
5.05 CNY
Overvaluation 28%
Intrinsic Value
Price ¥7.04
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