Question 1

What is 111, Inc. American Depositary Shares's WACC?

Accepted Answer

111, Inc. American Depositary Shares (YI) has a Weighted Average Cost of Capital (WACC) of 12.28%. This is calculated using a Cost of Equity of 8.68% (via CAPM with a beta of 1.00) and a pre-tax Cost of Debt of 18.51%, with an equity weight of 63.41% in the capital structure.

Question 2

Is 111, Inc. American Depositary Shares's WACC high or low?

Accepted Answer

111, Inc. American Depositary Shares's WACC of 12.28% is above the typical range, indicating higher perceived risk and cost of capital. WACC is used as the discount rate in DCF valuations — a lower WACC results in higher present values of future cash flows.

Question 3

How is 111, Inc. American Depositary Shares's WACC calculated?

Accepted Answer

111, Inc. American Depositary Shares's WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 8.68% is derived from the CAPM model using a beta of 1.00. The pre-tax Cost of Debt (Rd) is 18.51%. The capital structure is 63.41% equity and 36.59% debt.

111, Inc. American Depositary Shares (YI) — WACC 分析

WACC 构成

解读

111, Inc. American Depositary Shares（YI）WACC：12.28%

WACC计算器

111, Inc. American Depositary Shares（YI） WACC 解读

YI 公司分析

YI DCF 估值

继续做同行对比