Jiangsu Changshu Automotive Trim Group Co., Ltd.

SHSE:603035 Stock Report

Market Cap: CN¥5.7b

Jiangsu Changshu Automotive Trim Group Valuation

Is 603035 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 603035 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603035 (CN¥14.87) is trading above our estimate of fair value (CN¥6.77)

Significantly Below Fair Value: 603035 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603035?

Key metric: As 603035 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603035. This is calculated by dividing 603035's market cap by their current earnings.
What is 603035's PE Ratio?
PE Ratio10.3x
EarningsCN¥547.37m
Market CapCN¥5.65b

Price to Earnings Ratio vs Peers

How does 603035's PE Ratio compare to its peers?

The above table shows the PE ratio for 603035 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average58.4x
002766 Shenzhen Soling IndustrialLtd
90.9xn/aCN¥5.2b
300681 Zhuhai Enpower ElectricLtd
76xn/aCN¥6.9b
301613 Alnera Aluminium
31x33.1%CN¥5.9b
002664 Xinzhi Group
35.7x61.0%CN¥5.7b
603035 Jiangsu Changshu Automotive Trim Group
10.3x8.7%CN¥5.7b

Price-To-Earnings vs Peers: 603035 is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (58.4x).

Price to Earnings Ratio vs Industry

How does 603035'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
603035 10.3xIndustry Avg. 30.6xNo. of Companies25PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603035 is good value based on its Price-To-Earnings Ratio (10.3x) compared to the CN Auto Components industry average (30.6x).

Price to Earnings Ratio vs Fair Ratio

What is 603035'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.

603035 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.3x
Fair PE Ratio13.9x

Price-To-Earnings vs Fair Ratio: 603035 is good value based on its Price-To-Earnings Ratio (10.3x) compared to the estimated Fair Price-To-Earnings Ratio (13.9x).

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 603035 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥14.87
CN¥15.90
+6.9%
1.9%CN¥16.20CN¥15.60n/a2
Dec ’25CN¥14.60
CN¥15.90
+8.9%
1.9%CN¥16.20CN¥15.60n/a2
Nov ’25CN¥13.60
CN¥16.45
+21.0%
1.5%CN¥16.70CN¥16.20n/a2
Oct ’25CN¥15.04
CN¥16.45
+9.4%
1.5%CN¥16.70CN¥16.20n/a2
Sep ’25CN¥12.52
CN¥16.45
+31.4%
1.5%CN¥16.70CN¥16.20n/a2
Aug ’25CN¥12.56
CN¥18.15
+44.5%
8.0%CN¥19.60CN¥16.70n/a2
Jul ’25CN¥12.78
CN¥18.15
+42.0%
8.0%CN¥19.60CN¥16.70n/a2
Jun ’25CN¥14.66
CN¥18.15
+23.8%
8.0%CN¥19.60CN¥16.70n/a2
May ’25CN¥15.58
CN¥18.15
+16.5%
8.0%CN¥19.60CN¥16.70n/a2
Apr ’25CN¥16.19
CN¥21.95
+35.6%
15.7%CN¥25.40CN¥18.50n/a2
Mar ’25CN¥15.25
CN¥21.95
+43.9%
15.7%CN¥25.40CN¥18.50n/a2
Feb ’25CN¥13.55
CN¥21.95
+62.0%
15.7%CN¥25.40CN¥18.50n/a2
Jan ’25CN¥18.87
CN¥21.95
+16.3%
15.7%CN¥25.40CN¥18.50n/a2
Dec ’24CN¥20.00
CN¥21.95
+9.7%
15.7%CN¥25.40CN¥18.50CN¥14.602
Nov ’24CN¥19.58
CN¥21.95
+12.1%
15.7%CN¥25.40CN¥18.50CN¥13.602
Oct ’24CN¥19.38
CN¥21.95
+13.3%
15.7%CN¥25.40CN¥18.50CN¥15.042
Sep ’24CN¥18.97
CN¥21.95
+15.7%
15.7%CN¥25.40CN¥18.50CN¥12.522

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:40
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jiangsu Changshu Automotive Trim Group Co., Ltd. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xue DengChina International Capital Corporation Limited
Joey XuMorgan Stanley
Xue DengTianfeng Securities Brokerage Co., Ltd