Jiangsu Changshu Automotive Trim Group Co., Ltd.

SHSE:603035 Stock Report

Market Cap: CN¥5.5b

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¥14.48) is trading above our estimate of fair value (CN¥6.11)

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 Ratio10.1x
EarningsCN¥547.37m
Market CapCN¥5.50b

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 Average53.1x
300681 Zhuhai Enpower ElectricLtd
65xn/aCN¥5.9b
002766 Shenzhen Soling IndustrialLtd
85.7xn/aCN¥4.9b
002664 Xinzhi Group
34.5x61.0%CN¥5.6b
688155 Shanghai SK Automation TechnologyLtd
27x46.3%CN¥5.5b
603035 Jiangsu Changshu Automotive Trim Group
10.1x8.7%CN¥5.5b

Price-To-Earnings vs Peers: 603035 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (53.1x).

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 10.1xIndustry Avg. 30.1xNo. of Companies24PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603035 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the CN Auto Components industry average (30.1x).

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 Ratio10.1x
Fair PE Ratio13.9x

Price-To-Earnings vs Fair Ratio: 603035 is good value based on its Price-To-Earnings Ratio (10.1x) 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¥14.48
CN¥15.90
+9.8%
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¥18.50n/a2
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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