Rayitek Hi-Tech Film Co Ltd Shenzhen
SSE:688323

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Rayitek Hi-Tech Film Co Ltd Shenzhen Logo
Rayitek Hi-Tech Film Co Ltd Shenzhen
SSE:688323
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Price: 23.92 CNY 15.22% Market Closed
Market Cap: ¥4.3B

P/S

11.8
Current
38%
More Expensive
vs 3-y average of 8.6

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
11.8
=
Market Cap
¥4.2B
/
Revenue
¥363.6m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
11.8
=
Market Cap
¥4.2B
/
Revenue
¥363.6m

Valuation Scenarios

Rayitek Hi-Tech Film Co Ltd Shenzhen is trading above its 3-year average

If P/S returns to its 3-Year Average (8.6), the stock would be worth ¥17.3 (28% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-78%
Maximum Upside
+6%
Average Downside
44%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 11.8 ¥23.92
0%
3-Year Average 8.6 ¥17.3
-28%
5-Year Average 12.6 ¥25.41
+6%
Industry Average 2.6 ¥5.3
-78%
Country Average 2.8 ¥5.58
-77%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥4.2B
/
Apr 2025
¥363.6m
=
11.8
Current
¥4.2B
/
Dec 2025
¥445.4m
=
9.4
Forward
¥4.2B
/
Dec 2026
¥562.6m
=
7.4
Forward
¥4.2B
/
Dec 2027
¥652.5m
=
6.4
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CN
Rayitek Hi-Tech Film Co Ltd Shenzhen
SSE:688323
Average P/E: 81.7
Negative Multiple: -72.8
N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -8.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
41.8
N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
26.1
N/A N/A
US
Dow Inc
NYSE:DOW
Negative Multiple: -10.3 N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -30.6 N/A N/A
TW
Nan Ya Plastics Corp
TWSE:1303
154.1
138%
1.1
CN
Hengli Petrochemical Co Ltd
SSE:600346
16.6
N/A N/A
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -16.3 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
168.8
82%
2.1
CN
G
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
82.5
92%
0.9

Market Distribution

Higher than 89% of companies in China
Percentile
89th
Based on 7 736 companies
89th percentile
11.8
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

Rayitek Hi-Tech Film Co Ltd Shenzhen
Glance View

Market Cap
4.3B CNY
Industry
Chemicals

Rayitek Hi-Tech Film Co., Ltd., Shenzhen engages in the development, production, and sale of polyimide films. The company is headquartered in Shenzhen, Guangdong and currently employs 449 full-time employees. The company went IPO on 2021-04-28. The firm's main products include thermal control PI film, electronic PI film and electrical PI film. The firm's products are mainly used in the fields such as flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays and aerospace. The firm distributes its products both in the domestic market and to overseas markets.

Intrinsic Value
7.04 CNY
Overvaluation 71%
Intrinsic Value
Price ¥23.92
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