Hunan Changyuan Lico Co.,Ltd.

SHSE:688779 Stock Report

Market Cap: CN¥12.3b

Hunan Changyuan LicoLtd Valuation

Is 688779 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688779 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688779 (CN¥6.07) is trading above our estimate of fair value (CN¥0.07)

Significantly Below Fair Value: 688779 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688779?

Key metric: As 688779 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688779. This is calculated by dividing 688779's market cap by their current revenue.
What is 688779's PS Ratio?
PS Ratio1.9x
SalesCN¥6.14b
Market CapCN¥12.25b

Price to Sales Ratio vs Peers

How does 688779's PS Ratio compare to its peers?

The above table shows the PS ratio for 688779 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
002498 Qingdao Hanhe CableLtd
1.2x11.9%CN¥11.1b
688063 Pylon Technologies
6.6x37.2%CN¥10.9b
600577 Tongling Jingda Special Magnet Wire
0.6x-0.5%CN¥11.6b
603662 Keli Sensing Technology (Ningbo)Ltd
11.1x16.4%CN¥13.1b
688779 Hunan Changyuan LicoLtd
1.9x28.7%CN¥11.7b

Price-To-Sales vs Peers: 688779 is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (4.9x).

Price to Sales Ratio vs Industry

How does 688779's PS Ratio compare vs other companies in the CN Electrical Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
605222 Shanghai QiFan Cable
0.3x10.2%US$920.73m
600973 Baosheng Science and Technology InnovationLtd
0.1x4.2%US$796.56m
603897 Zhejiang grandwall electric science&technologyltd
0.4xn/aUS$606.38m
002300 Fujian Nanping Sun Cable
0.3xn/aUS$556.10m
688779 1.9xIndustry Avg. 2.4xNo. of Companies41PS01.63.24.86.48+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688779 is good value based on its Price-To-Sales Ratio (1.9x) compared to the CN Electrical industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 688779's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688779 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: 688779 is expensive based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).

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 688779 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥6.07
CN¥5.59
-7.9%
7.0%CN¥5.98CN¥5.20n/a2
Nov ’25CN¥5.61
CN¥5.59
-0.4%
7.0%CN¥5.98CN¥5.20n/a2
Oct ’25CN¥5.92
CN¥5.59
-5.6%
7.0%CN¥5.98CN¥5.20n/a2
Sep ’25CN¥4.56
CN¥5.99
+31.4%
0.2%CN¥6.00CN¥5.98n/a2
Aug ’25CN¥4.68
CN¥5.99
+28.0%
0.2%CN¥6.00CN¥5.98n/a2
Jul ’25CN¥4.64
CN¥5.99
+29.1%
0.2%CN¥6.00CN¥5.98n/a2
Jun ’25CN¥5.17
CN¥5.99
+15.9%
0.2%CN¥6.00CN¥5.98n/a2
May ’25CN¥5.50
CN¥5.99
+8.9%
0.2%CN¥6.00CN¥5.98n/a2
Apr ’25CN¥5.60
CN¥8.29
+48.0%
27.6%CN¥10.58CN¥6.00n/a2
Mar ’25CN¥6.09
CN¥9.53
+56.4%
26.9%CN¥12.00CN¥6.00n/a3
Feb ’25CN¥5.45
CN¥11.29
+107.2%
6.3%CN¥12.00CN¥10.58n/a2
Jan ’25CN¥7.30
CN¥11.29
+54.7%
6.3%CN¥12.00CN¥10.58n/a2
Dec ’24CN¥7.48
CN¥11.29
+50.9%
6.3%CN¥12.00CN¥10.58n/a2
Nov ’24CN¥8.52
CN¥11.29
+32.5%
6.3%CN¥12.00CN¥10.58CN¥5.612
Oct ’24CN¥8.55
CN¥11.29
+32.0%
6.3%CN¥12.00CN¥10.58CN¥5.922
Sep ’24CN¥9.39
CN¥11.29
+20.2%
6.3%CN¥12.00CN¥10.58CN¥4.562
Aug ’24CN¥11.22
CN¥17.59
+56.7%
9.9%CN¥20.00CN¥16.00CN¥4.683
Jul ’24CN¥11.27
CN¥17.59
+56.0%
9.9%CN¥20.00CN¥16.00CN¥4.643
Jun ’24CN¥11.78
CN¥17.59
+49.3%
9.9%CN¥20.00CN¥16.00CN¥5.173
May ’24CN¥11.12
CN¥17.44
+56.8%
8.7%CN¥20.00CN¥16.00CN¥5.504
Apr ’24CN¥15.02
CN¥19.00
+26.5%
7.4%CN¥20.00CN¥17.00CN¥5.603
Mar ’24CN¥16.31
CN¥20.19
+23.8%
11.9%CN¥23.77CN¥17.00CN¥6.094
Feb ’24CN¥16.60
CN¥20.19
+21.6%
11.9%CN¥23.77CN¥17.00CN¥5.454
Jan ’24CN¥14.59
CN¥20.26
+38.8%
13.7%CN¥23.77CN¥17.00CN¥7.303
Dec ’23CN¥16.26
CN¥20.26
+24.6%
13.7%CN¥23.77CN¥17.00CN¥7.483
Nov ’23CN¥15.70
CN¥20.26
+29.0%
13.7%CN¥23.77CN¥17.00CN¥8.523

Analyst Forecast: Target price is lower than the current share price.

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