NINGBO HENGSHUAI Co., LTD.

SZSE:300969 Stock Report

Market Cap: CN¥6.6b

NINGBO HENGSHUAI Valuation

Is 300969 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 300969 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300969 (CN¥83.02) is trading above our estimate of fair value (CN¥8.97)

Significantly Below Fair Value: 300969 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300969?

Key metric: As 300969 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300969. This is calculated by dividing 300969's market cap by their current earnings.
What is 300969's PE Ratio?
PE Ratio30.8x
EarningsCN¥215.55m
Market CapCN¥6.64b

Price to Earnings Ratio vs Peers

How does 300969's PE Ratio compare to its peers?

The above table shows the PE ratio for 300969 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35x
603809 Chengdu Haoneng Technology
25.1x28.3%CN¥6.9b
300304 Jiangsu Yunyi ElectricLtd
18.6x21.2%CN¥7.0b
002510 Tianjin Motor DiesLtd
68.6xn/aCN¥5.9b
002590 Zhejiang VIE Science & Technology
27.7xn/aCN¥7.3b
300969 NINGBO HENGSHUAI
30.8x22.0%CN¥6.6b

Price-To-Earnings vs Peers: 300969 is good value based on its Price-To-Earnings Ratio (30.8x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

How does 300969'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
300969 30.8xIndustry Avg. 30.1xNo. of Companies26PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300969 is expensive based on its Price-To-Earnings Ratio (30.8x) compared to the CN Auto Components industry average (30.1x).

Price to Earnings Ratio vs Fair Ratio

What is 300969'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.

300969 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.8x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: 300969 is expensive based on its Price-To-Earnings Ratio (30.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 300969 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥83.02
CN¥90.50
+9.0%
0.6%CN¥91.00CN¥90.00n/a2
Nov ’25CN¥71.65
CN¥82.50
+15.1%
9.1%CN¥90.00CN¥75.00n/a2
Oct ’25CN¥81.55
CN¥82.50
+1.2%
9.1%CN¥90.00CN¥75.00n/a2
Sep ’25CN¥60.50
CN¥96.00
+58.7%
6.3%CN¥102.00CN¥90.00n/a2
Aug ’25CN¥71.79
CN¥107.02
+49.1%
4.7%CN¥112.03CN¥102.00n/a2
Jul ’25CN¥70.08
CN¥107.02
+52.7%
4.7%CN¥112.03CN¥102.00n/a2
Jun ’25CN¥83.96
CN¥107.02
+27.5%
4.7%CN¥112.03CN¥102.00n/a2
May ’25CN¥88.28
CN¥107.02
+21.2%
4.7%CN¥112.03CN¥102.00n/a2
Apr ’25CN¥83.16
CN¥102.02
+22.7%
9.8%CN¥112.03CN¥92.00n/a2
Mar ’25CN¥79.24
CN¥102.02
+28.7%
9.8%CN¥112.03CN¥92.00n/a2
Feb ’25CN¥71.72
CN¥102.02
+42.2%
9.8%CN¥112.03CN¥92.00n/a2
Jan ’25CN¥89.87
CN¥89.00
-1.0%
3.4%CN¥92.00CN¥86.00n/a2
Dec ’24CN¥97.50
CN¥89.00
-8.7%
3.4%CN¥92.00CN¥86.00n/a2
Nov ’24CN¥74.91
CN¥89.00
+18.8%
3.4%CN¥92.00CN¥86.00CN¥71.652
Oct ’24CN¥76.77
CN¥89.00
+15.9%
3.4%CN¥92.00CN¥86.00CN¥81.552

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

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