Data as of Sep 5, 2026
EPV per share
186.10 USD
Current price
87.53 USD
Margin of safety
+53.0 %
Amounts in CNY; per-share values and price in USD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.98 % | 6.98 % | 7.98 % | 8.98 % | 9.98 % |
|---|---|---|---|---|---|
| 27.95 % | 221.05 | 195.63 | 176.58 | 161.77 | 149.93 |
| 28.95 % | 227.40 | 201.07 | 181.34 | 166.00 | 153.74 |
| 29.95 % | 233.75 | 206.51 | 186.10 | 170.23 | 157.54 |
| 30.95 % | 240.10 | 211.95 | 190.85 | 174.46 | 161.35 |
| 31.95 % | 246.45 | 217.39 | 195.61 | 178.69 | 165.15 |
The normalized EBIT margin comes from only 4 financial year(s) (2022–2025); below 7 the window may not cover a full cycle and, in a cyclical business, capture only the peak or only the trough.
Amounts in CNY.
Capital structure and contribution to WACC
Required rate of return (WACC)
7.98 %
Provider beta (-0.04) outside the sanity band [0.70, 1.50]; capped to 0.70 so that a noisy estimator does not govern the EPV.
Cost of debt not estimable from the statements (no isolated interest line, or a residual that cannot be read as an expense); rf + spread is used (1.5 % pp).
