Zhejiang Qianjiang Motorcycle Co., Ltd.

SZSE:000913 Stock Report

Market Cap: CN¥8.7b

Zhejiang Qianjiang Motorcycle Valuation

Is 000913 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 000913 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CN¥11.18
Fair Value
48.1% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: 000913 (CN¥16.56) is trading above our estimate of fair value (CN¥11.18)

Significantly Below Fair Value: 000913 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000913?

Key metric: As 000913 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000913. This is calculated by dividing 000913's market cap by their current earnings.
What is 000913's PE Ratio?
PE Ratio14.6x
EarningsCN¥596.79m
Market CapCN¥8.72b

Price to Earnings Ratio vs Peers

How does 000913's PE Ratio compare to its peers?

The above table shows the PE ratio for 000913 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.5x
603529 AIMA Technology Group
12.6x18.40%CN¥28.4b
603766 Loncin Motor
17.6x19.87%CN¥28.3b
603787 Jiangsu Xinri E-Vehicle
76.3xn/aCN¥2.8b
301345 Zhejiang Taotao Vehicles
43.7x26.25%CN¥25.8b
000913 Zhejiang Qianjiang Motorcycle
14.6x19.80%CN¥8.7b

Price-To-Earnings vs Peers: 000913 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the peer average (37.5x).


Price to Earnings Ratio vs Industry

How does 000913's PE Ratio compare vs other companies in the Asian Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
000913 14.6xIndustry Avg. 21.2xNo. of Companies16PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000913 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the Asian Auto industry average (21.8x).


Price to Earnings Ratio vs Fair Ratio

What is 000913'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.

000913 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.6x
Fair PE Ratio23.3x

Price-To-Earnings vs Fair Ratio: 000913 is good value based on its Price-To-Earnings Ratio (14.6x) compared to the estimated Fair Price-To-Earnings Ratio (23.3x).


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 000913 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥16.56
CN¥23.09
+39.45%
9.92%CN¥26.28CN¥21.00n/a3
Oct ’26CN¥17.07
CN¥23.09
+35.29%
9.92%CN¥26.28CN¥21.00n/a3
Sep ’26CN¥16.81
CN¥23.09
+37.38%
9.92%CN¥26.28CN¥21.00n/a3
Aug ’26CN¥16.04
CN¥22.70
+41.54%
7.71%CN¥25.11CN¥21.00n/a3
Jul ’26CN¥15.25
CN¥22.70
+48.87%
7.71%CN¥25.11CN¥21.00n/a3
Jun ’26CN¥14.98
CN¥23.70
+58.23%
5.43%CN¥25.11CN¥22.00n/a3
May ’26CN¥15.15
CN¥23.70
+56.46%
5.43%CN¥25.11CN¥22.00n/a3
Apr ’26CN¥17.94
CN¥21.82
+21.61%
7.58%CN¥24.00CN¥20.00n/a3
Mar ’26CN¥18.05
CN¥21.82
+20.87%
7.58%CN¥24.00CN¥20.00n/a3
Feb ’26CN¥19.92
CN¥21.82
+9.52%
7.58%CN¥24.00CN¥20.00n/a3
Jan ’26CN¥18.01
CN¥21.82
+21.14%
7.58%CN¥24.00CN¥20.00n/a3
Dec ’25CN¥16.49
CN¥21.82
+32.30%
7.58%CN¥24.00CN¥20.00n/a3
Nov ’25CN¥16.76
CN¥21.82
+30.17%
7.58%CN¥24.00CN¥20.00n/a3
Oct ’25CN¥19.20
CN¥21.69
+12.95%
7.80%CN¥24.00CN¥20.00CN¥17.073
Sep ’25CN¥16.43
CN¥21.69
+31.99%
7.80%CN¥24.00CN¥20.00CN¥16.813
Aug ’25CN¥16.66
CN¥25.58
+53.56%
4.81%CN¥27.00CN¥24.00CN¥16.043
Jul ’25CN¥16.05
CN¥25.58
+59.40%
4.81%CN¥27.00CN¥24.00CN¥15.253
Jun ’25CN¥17.90
CN¥25.58
+42.92%
4.81%CN¥27.00CN¥24.00CN¥14.983
May ’25CN¥17.24
CN¥21.52
+24.83%
2.42%CN¥22.04CN¥21.00CN¥15.152
Apr ’25CN¥14.33
CN¥16.91
+18.03%
8.75%CN¥19.00CN¥15.74CN¥17.943
Mar ’25CN¥11.99
CN¥16.91
+41.06%
8.75%CN¥19.00CN¥15.74CN¥18.053
Feb ’25CN¥9.87
CN¥16.91
+71.36%
8.75%CN¥19.00CN¥15.74CN¥19.923
Jan ’25CN¥12.47
CN¥16.91
+35.63%
8.75%CN¥19.00CN¥15.74CN¥18.013
Dec ’24CN¥13.40
CN¥16.91
+26.22%
8.75%CN¥19.00CN¥15.74CN¥16.493
Nov ’24CN¥13.23
CN¥16.91
+27.84%
8.75%CN¥19.00CN¥15.74CN¥16.763
Oct ’24CN¥14.11
CN¥19.50
+38.20%
2.56%CN¥20.00CN¥19.00CN¥19.202
CN¥23.09
Fair Value
28.3% undervalued intrinsic discount
3
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/18 16:12
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Zhejiang Qianjiang Motorcycle Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jing ChangChina International Capital Corporation Limited
Zijun LiCitic Securities Co., Ltd.
Chenye SunCitic Securities Co., Ltd.