a a fes| Totalt aa -- | ML card Bes | - - HE to T | ) Part II: Valuation (13 MARKS) a) Using the data provided in the Exam-data file, calculate the enterprise value of Longi Green Energy Technology Co Ltd (Longi, for short) and its share price. (Show all your workings including WACC, FCFF, Firm Value and Price calculations in the designated space). WACC: (3 marks) Click here to enter text. FCFF:- (2 marks) Click here to enter text Enterprise Value & Value of the Firm's Equity: Click here to enter text (2 marks) Price: (1 mark) Click here to enter text. Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) 798.24 7.98 Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd) (million, usd) 549.53 804.68 913.00 158.86 894.46 628.89 Common Shares Outstanding 5.02 485.06 Total Liabilities Total Liabilities And (million, usd) Shareholders' 4549.85 8518.48 Total Equity (million, usd) Capital Expenditures (million, usd) 3772.02 3968.63 -386.34 SO56.87 1020458 16437.82 6233.25 GICS Industry Net Sales Name (million, usd) LONGi Green Energy Semiconductors & Semiconductor 4725.42 Technology Co Ltd Equipment Semiconductor Semiconductors & Manufacturing International Semiconductor 3115.67 Corp Equipment LONGi Green Energy Semiconductors & Changes in Semiconductor Technology Co Ltd Working Equipment Capital Semiconductor Semiconductors & Manufacturing International Semiconductor -398.22 Corp Equipment LONGi Green Energy Semiconductors & Semiconductor -162.17 Technology Co Ltd Equipment Semiconductor Semiconductors & Cost of Manufacturing International Semiconductor Revenue (Cost Corp Equipment of Goods LONGi Green Energy Semiconductors & Semiconductor 3411.72 Technology Co Ltd Equipment Semiconductor Manufacturing Semiconductors & Semiconductor 2473.21 International Comp Equipment Other Information tax rate 25.00% Beta 1.4 Long-term growth rate 1.50% Risk free rate 2.449 Market risk premium 6.26% -1880.84 Price Close (usd) Beta After tax Cost of Debt, (%) Earnings Per Share Historic P/E 10.20 1.41 1.8% 0.34 16.89 0.80 2.1% 0.07 35.39 + a a fes| Totalt aa -- | ML card Bes | - - HE to T | ) Part II: Valuation (13 MARKS) a) Using the data provided in the Exam-data file, calculate the enterprise value of Longi Green Energy Technology Co Ltd (Longi, for short) and its share price. (Show all your workings including WACC, FCFF, Firm Value and Price calculations in the designated space). WACC: (3 marks) Click here to enter text. FCFF:- (2 marks) Click here to enter text Enterprise Value & Value of the Firm's Equity: Click here to enter text (2 marks) Price: (1 mark) Click here to enter text. Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) 798.24 7.98 Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd) (million, usd) 549.53 804.68 913.00 158.86 894.46 628.89 Common Shares Outstanding 5.02 485.06 Total Liabilities Total Liabilities And (million, usd) Shareholders' 4549.85 8518.48 Total Equity (million, usd) Capital Expenditures (million, usd) 3772.02 3968.63 -386.34 SO56.87 1020458 16437.82 6233.25 GICS Industry Net Sales Name (million, usd) LONGi Green Energy Semiconductors & Semiconductor 4725.42 Technology Co Ltd Equipment Semiconductor Semiconductors & Manufacturing International Semiconductor 3115.67 Corp Equipment LONGi Green Energy Semiconductors & Changes in Semiconductor Technology Co Ltd Working Equipment Capital Semiconductor Semiconductors & Manufacturing International Semiconductor -398.22 Corp Equipment LONGi Green Energy Semiconductors & Semiconductor -162.17 Technology Co Ltd Equipment Semiconductor Semiconductors & Cost of Manufacturing International Semiconductor Revenue (Cost Corp Equipment of Goods LONGi Green Energy Semiconductors & Semiconductor 3411.72 Technology Co Ltd Equipment Semiconductor Manufacturing Semiconductors & Semiconductor 2473.21 International Comp Equipment Other Information tax rate 25.00% Beta 1.4 Long-term growth rate 1.50% Risk free rate 2.449 Market risk premium 6.26% -1880.84 Price Close (usd) Beta After tax Cost of Debt, (%) Earnings Per Share Historic P/E 10.20 1.41 1.8% 0.34 16.89 0.80 2.1% 0.07 35.39 +
