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Net Sales (million, usd) Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd)

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Net Sales (million, usd) Net Income Depreciation And After Taxes Amortization (million, usd) (million, usd) Accounts Receivable (million, usd) Accounts Total Payable Inventory (million, usd) (million, usd) 4725.42 798.24 7.98 549.53 804.68 913.00 LONGi Green Energy Technology Co Ltd Semiconductor Manufacturing International Corp 3115.67 158.86 5.02 485.06 894.46 628.89 Changes in Working Capital Common Shares Outstanding Total Liabilities (million, usd) Total Liabilities And Shareholders' Total Equity (million, usd) Capital Expenditures (million, usd) -398.22 3772.02 4549.85 8518.48 3968.63 -386.34 LONGi Green Energy Technology Co Ltd Semiconductor Manufacturing International Corp -162.17 5056.87 10204.58 16437.82 6233.25 -1880.84 Price Close (usd) Historic P/E Earnings Per Share Beta Cost of Revenue (Cost of Goods 3411.72 After tax Cost of Debt, (%) 10.20 1.41 1.8% 0.34 16.89 LONGi Green Energy Technology Co Ltd Semiconductor Manufacturing International Corp Other Information tax rate 2473.21 3 0.80 2.1% 0.07 35.39 + Beta Long-term growth rate Risk free rate Market risk premium b) Based on the latest market price per share (provided in the Exam Data File), would you recommend a shareholder buy, sell or hold based on the DCF price you have calculated? (1 mark) Click here to enter text. c) Using the average peer P/E ratio and the firms earnings per share, calculate the current value of Longi Green Energy Technology using the P/E ratio multiple. (1 mark) Click here to enter text. d) Based on the current market price per share, would you recommend a shareholder buy, sell or hold based on the P/E ratio you have calculated? (1 mark) Click here to enter text. e) What is the difference between the DCF and multiples approaches and based on this, which method would you place the most emphasis on when giving advice? (2 marks) Click here to enter text

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