Projected Income Statement: XD Inc.

Forecast Balance Sheet: XD Inc.

Forecast Balance Sheet - XD Inc.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -2,135 -2,823 -3,004 -2,622 -3,567 -4,668 -6,188 -7,903
Change - -32.22% -6.41% 12.72% -36.04% -30.87% -32.56% -27.71%
Announcement Date 30/03/22 30/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY in Million
Estimates

Cash Flow Forecast: XD Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 91.76 37.1 12.59 24.02 320.2 125.2 144.2 138.3
Change - -59.57% -66.06% 90.76% 1,233.08% -60.89% 15.17% -4.1%
Free Cash Flow (FCF) 1 -567 -365 232.6 1,256 1,392 1,781 1,616 1,937
Change - 35.63% 163.72% 440.21% 10.83% 27.93% -9.3% 19.87%
Announcement Date 30/03/22 30/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: XD Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) -28.42% -10.29% 4.67% 21.08% 31.02% 28.97% 31.14% 32.14%
EBIT Margin (%) -35.35% -16.55% -0.15% 18.25% 29.15% 26.13% 27.35% 28.34%
EBT Margin (%) -35.36% -16.32% -0.89% 18.66% 29.82% 27.24% 29.23% 30.01%
Net margin (%) -31.96% -16.13% -2.45% 16.19% 26.64% 22.53% 24.34% 24.94%
FCF margin (%) -20.97% -10.64% 6.86% 25.07% 24.16% 27.42% 22.04% 24.31%
FCF / Net Income (%) 65.63% 65.94% -280.07% 154.81% 90.69% 121.73% 90.54% 97.44%

Profitability

        
ROA -20.59% -11.25% -1.8% 19.48% 33.58% 24.82% 23.64% 21.68%
ROE -37.55% -26.4% -4.62% 38.43% 48.55% 32.38% 28.84% 24.7%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 3.39% 1.08% 0.37% 0.48% 5.56% 1.93% 1.97% 1.74%
CAPEX / EBITDA (%) -11.94% -10.51% 7.95% 2.27% 17.91% 6.66% 6.32% 5.4%
CAPEX / FCF (%) -16.18% -10.16% 5.41% 1.91% 23% 7.03% 8.93% 7.14%

Items per share

        
Cash flow per share 1 -1.023 -0.6947 0.4988 2.7 3.562 3.918 4.166 4.412
Change - 32.09% 171.8% 441.26% 31.92% 10.01% 6.32% 5.92%
Dividend per Share 1 - - - 0.3735 - - - -
Change - - - - - - - -
Book Value Per Share 1 4.96 4.001 3.621 5.301 7.626 9.898 13.33 16.05
Change - -19.34% -9.49% 46.38% 43.87% 29.79% 34.67% 20.43%
EPS 1 -1.86 -1.17 -0.18 1.69 3.07 3.108 3.693 4.168
Change - 37.1% 84.62% 1,038.89% 81.66% 1.25% 18.81% 12.87%
Nbr of stocks (in thousands) 471,993 471,993 472,016 482,612 484,209 471,770 471,770 471,770
Announcement Date 30/03/22 30/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY
Estimates
2026 *2027 *
P/E 12.3x 10.4x
PBR 3.88x 2.88x
EV / Sales 2.07x 1.62x
Yield - -

EPS & Dividend

EPS & Dividend - XD Inc.


Y-o-Y evolution of P/E

Valuation ratios - P/E - XD Inc.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - XD Inc.
Trader
Investor
Global
Quality
ESG MSCI
BB
MarketScreener Ratings - XD Inc.
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
38.36CNY
Average target price
53.78CNY
Spread / Average Target
+40.18%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - XD Inc.