Hainan Jinpan Smart Technology Co., Ltd.

SHSE:688676 Stock Report

Market Cap: CN¥14.9b

Hainan Jinpan Smart Technology Valuation

Is 688676 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 688676 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688676 (CN¥32.68) is trading below our estimate of fair value (CN¥84.72)

Significantly Below Fair Value: 688676 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688676?

Key metric: As 688676 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688676. This is calculated by dividing 688676's market cap by their current earnings.
What is 688676's PE Ratio?
PE Ratio26x
EarningsCN¥575.20m
Market CapCN¥14.95b

Price to Earnings Ratio vs Peers

How does 688676's PE Ratio compare to its peers?

The above table shows the PE ratio for 688676 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.1x
301291 Guangdong Mingyang ElectricLtd
20.5x24.2%CN¥12.7b
601096 Hsino Tower Group
56.2xn/aCN¥12.0b
601369 Xi'an Shaangu Power
15.7x16.3%CN¥15.1b
300772 Windey Energy Technology Group
24x35.3%CN¥10.3b
688676 Hainan Jinpan Smart Technology
26x33.6%CN¥14.9b

Price-To-Earnings vs Peers: 688676 is good value based on its Price-To-Earnings Ratio (26x) compared to the peer average (29.1x).


Price to Earnings Ratio vs Industry

How does 688676's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
688676 26.0xIndustry Avg. 36.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688676 is good value based on its Price-To-Earnings Ratio (26x) compared to the CN Electrical industry average (36.7x).


Price to Earnings Ratio vs Fair Ratio

What is 688676'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.

688676 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26x
Fair PE Ratio33.1x

Price-To-Earnings vs Fair Ratio: 688676 is good value based on its Price-To-Earnings Ratio (26x) compared to the estimated Fair Price-To-Earnings Ratio (33.1x).


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 688676 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥32.68
CN¥45.58
+39.5%
28.0%CN¥60.00CN¥25.00n/a4
Nov ’25CN¥34.83
CN¥45.58
+30.9%
28.0%CN¥60.00CN¥25.00n/a4
Oct ’25CN¥36.88
CN¥47.08
+27.7%
28.2%CN¥60.00CN¥25.00n/a4
Sep ’25CN¥31.42
CN¥50.83
+61.8%
14.4%CN¥60.00CN¥40.00n/a4
Aug ’25CN¥39.62
CN¥59.88
+51.1%
13.4%CN¥68.00CN¥50.00n/a4
Jul ’25CN¥47.48
CN¥59.88
+26.1%
13.4%CN¥68.00CN¥50.00n/a4
Jun ’25CN¥58.01
CN¥59.88
+3.2%
13.4%CN¥68.00CN¥50.00n/a4
May ’25CN¥49.30
CN¥50.77
+3.0%
4.7%CN¥54.00CN¥48.30n/a3
Apr ’25CN¥41.99
CN¥49.72
+18.4%
6.2%CN¥54.00CN¥46.86n/a3
Mar ’25CN¥39.21
CN¥48.03
+22.5%
9.3%CN¥54.00CN¥43.22n/a3
Feb ’25CN¥35.83
CN¥48.61
+35.7%
11.1%CN¥54.00CN¥43.22n/a2
Jan ’25CN¥35.83
CN¥48.61
+35.7%
11.1%CN¥54.00CN¥43.22n/a2
Dec ’24CN¥31.50
CN¥48.61
+54.3%
11.1%CN¥54.00CN¥43.22CN¥32.112
Nov ’24CN¥33.57
CN¥48.61
+44.8%
11.1%CN¥54.00CN¥43.22CN¥34.832
Oct ’24CN¥34.78
CN¥48.61
+39.8%
11.1%CN¥54.00CN¥43.22CN¥36.882

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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