Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.

SHSE:601799 Stock Report

Market Cap: CN¥38.4b

Changzhou Xingyu Automotive Lighting SystemsLtd Valuation

Is 601799 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 601799 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601799 (CN¥134.42) is trading above our estimate of fair value (CN¥23.68)

Significantly Below Fair Value: 601799 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601799?

Key metric: As 601799 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601799. This is calculated by dividing 601799's market cap by their current earnings.
What is 601799's PE Ratio?
PE Ratio29.6x
EarningsCN¥1.30b
Market CapCN¥38.40b

Price to Earnings Ratio vs Peers

How does 601799's PE Ratio compare to its peers?

The above table shows the PE ratio for 601799 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.3x
002085 Zhejiang Wanfeng Auto Wheel
55.8x21.4%CN¥42.1b
688819 Tianneng Battery Group
13.5x18.9%CN¥27.7b
600741 HUAYU Automotive Systems
7.4x-2.8%CN¥51.4b
002472 Zhejiang Shuanghuan DrivelineLtd
24.6x19.9%CN¥23.7b
601799 Changzhou Xingyu Automotive Lighting SystemsLtd
29.6x26.3%CN¥38.4b

Price-To-Earnings vs Peers: 601799 is expensive based on its Price-To-Earnings Ratio (29.6x) compared to the peer average (25.3x).


Price to Earnings Ratio vs Industry

How does 601799's PE Ratio compare vs other companies in the CN Auto Components Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002684 Dynavolt Renewable Energy Technology (Henan)
0.6xn/aUS$58.50m
No more companies available in this PE range
601799 29.6xIndustry Avg. 31.3xNo. of Companies26PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601799 is good value based on its Price-To-Earnings Ratio (29.6x) compared to the CN Auto Components industry average (31.3x).


Price to Earnings Ratio vs Fair Ratio

What is 601799's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601799 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.6x
Fair PE Ratio22.9x

Price-To-Earnings vs Fair Ratio: 601799 is expensive based on its Price-To-Earnings Ratio (29.6x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 601799 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥134.42
CN¥171.83
+27.8%
10.5%CN¥206.00CN¥140.13n/a9
Nov ’25CN¥137.21
CN¥171.83
+25.2%
10.5%CN¥206.00CN¥140.13n/a9
Oct ’25CN¥147.67
CN¥152.72
+3.4%
7.9%CN¥168.00CN¥126.00n/a9
Sep ’25CN¥116.70
CN¥153.07
+31.2%
9.3%CN¥175.00CN¥126.00n/a8
Aug ’25CN¥121.61
CN¥157.61
+29.6%
10.4%CN¥175.00CN¥121.00n/a7
Jul ’25CN¥115.20
CN¥157.61
+36.8%
10.4%CN¥175.00CN¥121.00n/a7
Jun ’25CN¥122.88
CN¥157.61
+28.3%
10.4%CN¥175.00CN¥121.00n/a7
May ’25CN¥133.35
CN¥159.76
+19.8%
10.5%CN¥175.00CN¥121.00n/a7
Apr ’25CN¥142.00
CN¥162.40
+14.4%
12.4%CN¥194.69CN¥121.00n/a8
Mar ’25CN¥141.25
CN¥165.02
+16.8%
12.2%CN¥194.69CN¥122.00n/a8
Feb ’25CN¥126.70
CN¥164.53
+29.9%
13.0%CN¥194.69CN¥122.00n/a7
Jan ’25CN¥131.11
CN¥163.95
+25.0%
14.1%CN¥194.69CN¥122.00n/a6
Dec ’24CN¥144.40
CN¥163.95
+13.5%
14.1%CN¥194.69CN¥122.00n/a6
Nov ’24CN¥145.56
CN¥157.81
+8.4%
16.6%CN¥194.69CN¥121.00CN¥137.217
Oct ’24CN¥152.00
CN¥154.17
+1.4%
16.3%CN¥189.21CN¥117.00CN¥147.677
Sep ’24CN¥147.86
CN¥144.65
-2.2%
23.8%CN¥189.21CN¥78.00CN¥116.708
Aug ’24CN¥148.00
CN¥137.02
-7.4%
28.0%CN¥201.18CN¥78.00CN¥121.618
Jul ’24CN¥123.60
CN¥132.67
+7.3%
24.4%CN¥176.00CN¥78.00CN¥115.208
Jun ’24CN¥105.81
CN¥140.05
+32.4%
25.2%CN¥176.00CN¥78.00CN¥122.888
May ’24CN¥109.45
CN¥141.42
+29.2%
24.4%CN¥176.00CN¥78.00CN¥133.358
Apr ’24CN¥119.90
CN¥150.00
+25.1%
22.3%CN¥180.00CN¥78.00CN¥142.008
Mar ’24CN¥150.00
CN¥157.12
+4.7%
23.5%CN¥196.00CN¥80.00CN¥141.258
Feb ’24CN¥140.60
CN¥156.49
+11.3%
23.3%CN¥196.00CN¥80.00CN¥126.708
Jan ’24CN¥127.37
CN¥156.49
+22.9%
23.3%CN¥196.00CN¥80.00CN¥131.118
Dec ’23CN¥133.15
CN¥155.21
+16.6%
25.0%CN¥196.00CN¥80.00CN¥144.407
Nov ’23CN¥129.50
CN¥171.81
+32.7%
31.3%CN¥274.00CN¥80.00CN¥145.568

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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