New China Sky, Inc.
How we got $273K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW CHINA SKY, INC. this business | $1.4M | — |
| ICE HOUSE OKLAHOMA, LLC Midwest City · 2 employees | $1.6M | 2.0 mi |
| PET-VET SUPPLY INC Oklahoma City · 32 employees | $13.0M | 2.7 mi |
| LAUREN A. HUFFAKER, DDS, PLLC Midwest City · 5 employees | $3.5M | 2.8 mi |
| VAPE VIBES LLC Midwest City · 3 employees | $1.5M | 2.9 mi |
| LIBERTY FIREWORKS LLC Oklahoma City · 2 employees | $1.2M | 2.9 mi |
| SHOEBOX CENTRAL, LLC Oklahoma City · 4 employees | $2.9M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $136K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $273K |
| Multiple for this size and industry | 2× |
| Value range | $143K – $373K |
| Revenue range | $897K – $1.6M |
| EBITDA range | $90K – $155K |
| Industry (NAICS) | Retail Trade (453998) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingCeltic Bank CorporationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Celtic Bank Corporation PPP 2020, PPP 2021 | All 206 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $13K | 2 |
| 1/30/2021 | second | $19K | 2 |
About New China Sky, Inc.
New China Sky, Inc. is a retail trade company in Midwest City, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $136K of EBITDA. It has about 2 employees. Its estimated business value is $273K (likely range $143K–$373K).
Common questions
- Who owns New China Sky, Inc.?
- The owner of New China Sky, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does New China Sky, Inc. make?
- SeeBITDA estimates New China Sky, Inc.'s annual revenue at about $1.4M (likely between $897K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is New China Sky, Inc. worth?
- About $273K, roughly 2× its estimated EBITDA of $136K, typical for a retail trade company its size. Likely range: $143K–$373K.
- How many employees does New China Sky, Inc. have?
- About 2, as reported on its PPP loan.