Company Valuation: 9F Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,325 2,350 280.3 286.4 129.8 526.2
Change - 77.34% -88.07% 2.16% -54.69% 305.51%
Enterprise Value (EV) 1 -1,597 -396.5 -2,578 -2,161 -2,459 -2,736
Change - 75.17% -550.1% 16.17% -13.78% -11.27%
P/E -0.6x -6.36x -0.47x -2.04x 2.62x 3.15x
PBR 0.33x 0.39x 0.08x 0.08x 0.04x 0.14x
PEG - 0.1x -0x 0x -0x 0x
Capitalization / Revenue 1.06x 3.09x 0.5x 0.69x 0.42x 1.82x
EV / Revenue -1.27x -0.52x -4.59x -5.24x -7.93x -9.44x
EV / EBITDA 1.27x 16.6x 19.9x 12.3x 76.3x -106x
EV / EBIT 1.25x 7.15x 17.2x 11.2x 54.1x -243x
EV / FCF 7.71x 3.18x -4.17x -35.1x 15.1x 255x
FCF Yield 13% 31.5% -24% -2.85% 6.63% 0.39%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -227.5 -21.99 -51 -11.91 4.2 14.2
Distribution rate - - - - - -
Net sales 1 1,256 761.5 561.7 412.4 310 289.9
EBITDA 1 -1,258 -23.91 -129.3 -176 -32.24 25.88
EBIT 1 -1,282 -55.45 -150.3 -193.6 -45.46 11.27
Net income 1 -2,259 -234.9 -594.7 -140.2 49.98 168.2
Net Debt 1 -2,922 -2,747 -2,858 -2,447 -2,589 -3,262
Reference price 2 135.79 139.76 24.14 24.32 11.02 44.69
Nbr of stocks (in thousands) 9,760 16,817 11,611 11,773 11,773 11,773
Announcement Date 18/05/21 17/05/22 16/05/23 15/05/24 08/08/25 30/04/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 29.55M
25.36x4.08x14.19x2.67% 240B
23.79x4.98x12.21x0.7% 205B
17.03x1.93x9.96x2.78% 147B
-561.92x39.94x164.06x-.--% 116B
-128.1x17.78x97.77x-.--% 115B
16.5x2.98x11.48x4.88% 96.43B
23.56x6.08x14.93x2.4% 70.72B
25.06x2.08x13.2x1.24% 49.53B
15.2x2.2x9.34x5.14% 49.23B
Average -60.39x 9.12x 38.57x 2.2% 108.81B
Weighted average by Cap. -56.22x 9.08x 37.57x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - 9F Inc.

Historical PBR trend

Valuation ratios - PBR - 9F Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - 9F Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - 9F Inc.