How does 601965's PE Ratio compare to its peers?

601965 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (53.2x).

How does 601965's PE Ratio compare vs other companies in the Asian Auto Industry?

601965 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the Asian Auto industry average (17.8x).

What is 601965'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.

601965 is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

What is the Fair Price of 601965 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601965 (CN¥17.68) is trading above our estimate of [[fair value]] (CN¥4.17)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

China Automotive Engineering Research Institute (XSSC:601965) - Stock Price, News & Analysis

601965 Stock Overview

China Automotive Engineering Research Institute Co., Ltd. More details

601965 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (19.1x) is below the CN market (36x)

Earnings are forecast to grow 18.28% per year

Earnings grew by 21.8% over the past year

Risk Analysis

Dividend of 1.87% is not well covered by free cash flows

China Automotive Engineering Research Institute Co., Ltd. Competitors

Jiangling Motors Corporation

SZSE:000550

CN¥16.3b

Beiqi Foton MotorLtd

SHSE:600166

CN¥20.2b

Anhui Jianghuai Automobile GroupLtd

SHSE:600418

CN¥84.8b

Guangdong Lvtong New Energy Electric Vehicle Technology

SZSE:301322

CN¥3.6b

Price History & Performance

Summary of all time highs, changes and price drops for China Automotive Engineering Research Institute
Historical stock prices
Current Share Price	CN¥17.68
52 Week High	CN¥24.60
52 Week Low	CN¥14.95
Beta	0.42
11 Month Change	-2.32%
3 Month Change	15.86%
1 Year Change	-15.33%
33 Year Change	-9.89%
5 Year Change	148.66%
Change since IPO	108.16%

Recent updates

Shareholder Returns

	601965	CN Auto	CN Market
7D	-1.1%	-2.3%	-2.1%
1Y	-15.3%	21.5%	2.8%

Return vs Industry: 601965 underperformed the CN Auto industry which returned 25% over the past year.

Return vs Market: 601965 underperformed the CN Market which returned 5.4% over the past year.

Price Volatility

Is 601965's price volatile compared to industry and market?
601965 volatility
601965 Average Weekly Movement	6.2%
Auto Industry Average Movement	8.3%
Market Average Movement	8.3%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.6%

Stable Share Price: 601965 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601965's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1965	3,153	Anmin Liu	www.caeri.com.cn

China Automotive Engineering Research Institute Co., Ltd. provides various technical services for automobiles in China. It develops automotive and related product technologies; and offers research and development, testing and evaluation, product certification, software tools, and testing equipment and technical consulting services for automobiles.

China Automotive Engineering Research Institute Co., Ltd. Fundamentals Summary

How do China Automotive Engineering Research Institute's earnings and revenue compare to its market cap?
601965 fundamental statistics
Market cap	CN¥17.74b
Earnings (TTM)	CN¥931.10m
Revenue (TTM)	CN¥4.47b

19.1x

P/E Ratio

4.0x

P/S Ratio

Is 601965 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601965 income statement (TTM)
Revenue	CN¥4.47b
Cost of Revenue	CN¥2.61b
Gross Profit	CN¥1.87b
Other Expenses	CN¥936.58m
Earnings	CN¥931.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.93
Gross Margin	41.74%
Net Profit Margin	20.81%
Debt/Equity Ratio	0.8%

How did 601965 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

35%

Payout Ratio

601965 Stock Overview

Rewards

Risk Analysis

China Automotive Engineering Research Institute Co., Ltd. Competitors

SZSE:000550

CN¥16.3b

SHSE:600166

CN¥20.2b

SHSE:600418

CN¥84.8b

SZSE:301322

CN¥3.6b

Price History & Performance

Recent News & Updates

Now 24% undervalued

Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.22 in 3Q 2023)

Investor sentiment improves as stock rises 18%

China Automotive Engineering Research Institute Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024

Now 22% undervalued after recent price drop

Dividend of CN¥0.33 announced

Recent updates

Now 24% undervalued

Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.22 in 3Q 2023)

Investor sentiment improves as stock rises 18%

China Automotive Engineering Research Institute Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024

Now 22% undervalued after recent price drop

Dividend of CN¥0.33 announced

Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2023)

China Automotive Engineering Research Institute Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024

High number of new directors

First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 1Q 2023)

China Automotive Engineering Research Institute Co., Ltd., Annual General Meeting, May 21, 2024

China Automotive Engineering Research Institute Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: CN¥0.84 (vs CN¥0.71 in FY 2022)

China Automotive Engineering Research Institute Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.19 in 3Q 2022)

China Automotive Engineering Research Institute Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023

Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 2Q 2022)

First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in 1Q 2022)

Full year 2022 earnings released: EPS: CN¥0.71 (vs CN¥0.71 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.24 in 3Q 2021)

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 1Q 2021)

Less than half of directors are independent

Third quarter 2021 earnings released

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.14 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.06 in 1Q 2020)

Investor sentiment improved over the past week

New 90-day high: CN¥17.98

Investor sentiment improved over the past week

Market bids up stock over the past week

New 90-day high: CN¥14.43

Third quarter earnings released

First half earnings released

New 90-day high - CN¥12.43

China Automotive Engineering Research Institute Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

Shareholder Returns

Price Volatility

About the Company

China Automotive Engineering Research Institute Co., Ltd. Fundamentals Summary

19.1x

4.0x

Earnings & Revenue

Dividends

1.9%

35%