Zhejiang Taotao Vehicles Co., Ltd.

SZSE:301345 Stock Report

Market Cap: CN¥24.1b

Zhejiang Taotao Vehicles Valuation

Is 301345 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 301345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 301345 (CN¥220.65) is trading below our estimate of future cash flow value (CN¥261.05)

Significantly Below Future Cash Flow Value: 301345 is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301345?

Key metric: As 301345 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301345. This is calculated by dividing 301345's market cap by their current earnings.
What is 301345's PE Ratio?
PE Ratio32.7x
EarningsCN¥736.44m
Market CapCN¥24.06b

Price to Earnings Ratio vs Peers

How does 301345's PE Ratio compare to its peers?

The above table shows the PE ratio for 301345 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.6x
603766 Loncin Motor
17.8x19.90%CN¥32.1b
689009 Ninebot
21.2x26.50%CN¥40.3b
603529 AIMA Technology Group
11.4x15.05%CN¥26.6b
000913 Zhejiang Qianjiang Motorcycle
15.9x21.98%CN¥8.4b
301345 Zhejiang Taotao Vehicles
32.7x25.33%CN¥24.1b

Price-To-Earnings vs Peers: 301345 is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the peer average (16.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 301345's PE Ratio compare vs other companies in the Asian Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
301345 32.7xIndustry Avg. 18.1xNo. of Companies15PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 301345 is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the Asian Auto industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is 301345'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.

301345 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.7x
Fair PE Ratio34.6x

Price-To-Earnings vs Fair Ratio: 301345 is good value based on its Price-To-Earnings Ratio (32.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.6x).

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 301345 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥220.65
CN¥238.14
+7.92%
13.49%CN¥270.27CN¥206.00n/a2
Jan ’27CN¥251.32
CN¥238.14
-5.25%
13.49%CN¥270.27CN¥206.00n/a2
Dec ’26CN¥208.20
CN¥238.14
+14.38%
13.49%CN¥270.27CN¥206.00n/a2
Nov ’26CN¥237.49
CN¥238.14
+0.27%
13.49%CN¥270.27CN¥206.00n/a2
Oct ’26CN¥210.00
CN¥211.57
+0.75%
2.63%CN¥217.13CN¥206.00n/a2
Sep ’26CN¥183.28
CN¥211.57
+15.43%
2.63%CN¥217.13CN¥206.00n/a2
Aug ’26CN¥157.31
CN¥113.21
-28.03%
14.83%CN¥130.00CN¥96.42n/a2
Jul ’26CN¥124.00
CN¥88.21
-28.86%
9.31%CN¥96.42CN¥80.00n/a2
Jun ’26CN¥70.19
CN¥84.31
+20.12%
8.72%CN¥96.42CN¥77.22n/a4
May ’26CN¥61.59
CN¥84.31
+36.89%
8.72%CN¥96.42CN¥77.22n/a4
Apr ’26CN¥71.09
CN¥81.43
+14.55%
3.71%CN¥84.91CN¥77.22n/a4
Mar ’26CN¥63.76
CN¥81.43
+27.72%
3.71%CN¥84.91CN¥77.22n/a4
Feb ’26CN¥66.90
CN¥81.43
+21.72%
3.71%CN¥84.91CN¥77.22n/a4
Jan ’26CN¥66.10
CN¥80.41
+21.65%
3.97%CN¥83.60CN¥77.22CN¥251.322
Dec ’25CN¥59.70
CN¥80.41
+34.69%
3.97%CN¥83.60CN¥77.22CN¥208.202
CN¥238.14
Fair Value
7.3% undervalued intrinsic discount
2
Number of Analysts

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 Analysis2026/01/24 21:13
End of Day Share Price 2026/01/23 00:00
Earnings2025/09/30
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 Taotao Vehicles Co., Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zijun LiCitic Securities Co., Ltd.
Kai KangCitic Securities Co., Ltd.
Yuewei ZhaoHaitong International Research Limited