Shenzhen Zhaowei Machinery & Electronics Co., Ltd.

SZSE:003021 Stock Report

Market Cap: CN¥32.5b

Shenzhen Zhaowei Machinery & Electronics Valuation

Is 003021 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 003021 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CN¥2.87
Fair Value
4.6k% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: 003021 (CN¥135.25) is trading above our estimate of fair value (CN¥2.87)

Significantly Below Fair Value: 003021 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 003021?

Key metric: As 003021 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 003021. This is calculated by dividing 003021's market cap by their current revenue.
What is 003021's PS Ratio?
PS Ratio22.4x
SalesCN¥1.45b
Market CapCN¥32.49b

Price to Sales Ratio vs Peers

How does 003021's PS Ratio compare to its peers?

The above table shows the PS ratio for 003021 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
600580 Wolong Electric GroupLtd
2.2x10.4%CN¥34.5b
600885 Hongfa Technology
2.6x13.2%CN¥36.7b
600517 State Grid YingdaLtd
2.6xn/aCN¥29.5b
301358 Hunan Yuneng New Energy Battery MaterialLtd
1.3x26.1%CN¥30.0b
003021 Shenzhen Zhaowei Machinery & Electronics
22.4x20.9%CN¥32.5b

Price-To-Sales vs Peers: 003021 is expensive based on its Price-To-Sales Ratio (22.4x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does 003021's PS Ratio compare vs other companies in the CN Electrical Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
600869 Far East Smarter Energy
0.4x15.1%US$1.55b
300772 Windey Energy Technology Group
0.4x15.6%US$1.28b
000049 Shenzhen Desay Battery Technology
0.4x9.3%US$1.25b
002533 Gold cup Electric ApparatusLtd
0.5x13.3%US$1.13b
003021 22.4xIndustry Avg. 2.6xNo. of Companies45PS0246810+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 003021 is expensive based on its Price-To-Sales Ratio (22.4x) compared to the CN Electrical industry average (2.6x).

Price to Sales Ratio vs Fair Ratio

What is 003021'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.

003021 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio22.4x
Fair PS Ratio4.2x

Price-To-Sales vs Fair Ratio: 003021 is expensive based on its Price-To-Sales Ratio (22.4x) compared to the estimated Fair Price-To-Sales Ratio (4.2x).

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 003021 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥135.25
CN¥73.27
-45.8%
17.0%CN¥85.00CN¥56.00n/a3
Mar ’26CN¥141.30
CN¥73.27
-48.1%
17.0%CN¥85.00CN¥56.00n/a3
Feb ’26CN¥93.25
CN¥73.27
-21.4%
17.0%CN¥85.00CN¥56.00n/a3
Jan ’26CN¥73.91
CN¥73.27
-0.9%
17.0%CN¥85.00CN¥56.00n/a3
Dec ’25CN¥74.10
CN¥73.27
-1.1%
17.0%CN¥85.00CN¥56.00n/a3
Nov ’25CN¥44.41
CN¥59.43
+33.8%
5.8%CN¥62.86CN¥56.00n/a2
Oct ’25CN¥44.92
CN¥59.43
+32.3%
5.8%CN¥62.86CN¥56.00n/a2
Jul ’25CN¥46.09
CN¥60.00
+30.2%
4.8%CN¥62.86CN¥57.14n/a2
Jun ’25CN¥52.07
CN¥60.00
+15.2%
4.8%CN¥62.86CN¥57.14n/a2
May ’25CN¥44.26
CN¥60.00
+35.5%
4.8%CN¥62.86CN¥57.14n/a2
Apr ’25CN¥44.56
CN¥60.00
+34.7%
4.8%CN¥62.86CN¥57.14n/a2
Mar ’25CN¥45.71
CN¥60.00
+31.3%
4.8%CN¥62.86CN¥57.14CN¥141.302
Feb ’25CN¥38.40
CN¥60.00
+56.3%
4.8%CN¥62.86CN¥57.14CN¥93.252
Jan ’25CN¥67.14
CN¥60.00
-10.6%
4.8%CN¥62.86CN¥57.14CN¥73.912
Jun ’24CN¥67.86
CN¥56.43
-16.8%
1.3%CN¥57.14CN¥55.71CN¥52.072
May ’24CN¥49.36
CN¥56.43
+14.3%
1.3%CN¥57.14CN¥55.71CN¥44.262
Apr ’24CN¥56.42
CN¥56.43
+0.01%
1.3%CN¥57.14CN¥55.71CN¥44.562
Mar ’24CN¥46.79
CN¥56.43
+20.6%
1.3%CN¥57.14CN¥55.71CN¥45.712
Analyst Price Target
Consensus Narrative from 3 Analysts
CN¥73.27
Fair Value
84.6% overvalued intrinsic discount
3
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/22 20:15
End of Day Share Price 2025/03/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Shenzhen Zhaowei Machinery & Electronics Co., Ltd. is covered by 3 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
Jian DingChina International Capital Corporation Limited
Haibo LiuCitic Securities Co., Ltd.
Zhengyang NiHuatai Research