Shenzhen Inovance Technology Co.,Ltd

SZSE:300124 Stock Report

Market Cap: CN¥160.0b

Shenzhen Inovance TechnologyLtd Valuation

Is 300124 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 300124 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300124 (CN¥59.48) is trading above our estimate of fair value (CN¥32.8)

Significantly Below Fair Value: 300124 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300124?

Key metric: As 300124 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300124. This is calculated by dividing 300124's market cap by their current earnings.
What is 300124's PE Ratio?
PE Ratio33.5x
EarningsCN¥4.78b
Market CapCN¥159.99b

Price to Earnings Ratio vs Peers

How does 300124's PE Ratio compare to its peers?

The above table shows the PE ratio for 300124 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.7x
002050 Zhejiang Sanhua Intelligent ControlsLtd
28.1x17.1%CN¥86.2b
605117 Ningbo Deye Technology Group
22.2x26.5%CN¥54.6b
601100 Jiangsu Hengli HydraulicLtd
27.7x14.9%CN¥70.3b
600862 Avic Aviation High-Technology
36.8x18.2%CN¥40.5b
300124 Shenzhen Inovance TechnologyLtd
33.5x15.9%CN¥160.0b

Price-To-Earnings vs Peers: 300124 is expensive based on its Price-To-Earnings Ratio (33.5x) compared to the peer average (28.7x).


Price to Earnings Ratio vs Industry

How does 300124's PE Ratio compare vs other companies in the CN Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
300124 33.5xIndustry Avg. 35.4xNo. of Companies61PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300124 is good value based on its Price-To-Earnings Ratio (33.5x) compared to the CN Machinery industry average (35.4x).


Price to Earnings Ratio vs Fair Ratio

What is 300124'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.

300124 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.5x
Fair PE Ratio29x

Price-To-Earnings vs Fair Ratio: 300124 is expensive based on its Price-To-Earnings Ratio (33.5x) compared to the estimated Fair Price-To-Earnings Ratio (29x).


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 300124 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥59.48
CN¥66.58
+11.9%
9.7%CN¥78.00CN¥56.00n/a22
Dec ’25CN¥60.30
CN¥66.49
+10.3%
9.5%CN¥77.00CN¥56.00n/a22
Nov ’25CN¥55.60
CN¥63.91
+14.9%
13.0%CN¥77.00CN¥45.12n/a22
Oct ’25CN¥62.45
CN¥60.08
-3.8%
13.4%CN¥81.00CN¥45.12n/a22
Sep ’25CN¥43.30
CN¥61.44
+41.9%
13.9%CN¥81.00CN¥45.12n/a21
Aug ’25CN¥45.60
CN¥69.96
+53.4%
11.3%CN¥86.10CN¥55.00n/a21
Jul ’25CN¥49.90
CN¥73.14
+46.6%
11.4%CN¥94.00CN¥58.85n/a22
Jun ’25CN¥57.94
CN¥74.03
+27.8%
10.6%CN¥94.00CN¥58.85n/a24
May ’25CN¥59.50
CN¥74.24
+24.8%
10.7%CN¥94.00CN¥60.00n/a24
Apr ’25CN¥61.47
CN¥76.25
+24.0%
10.5%CN¥94.00CN¥60.00n/a24
Mar ’25CN¥63.85
CN¥76.78
+20.3%
10.7%CN¥94.00CN¥60.00n/a25
Feb ’25CN¥56.50
CN¥77.27
+36.8%
10.9%CN¥94.00CN¥60.00n/a23
Jan ’25CN¥63.14
CN¥78.46
+24.3%
10.2%CN¥94.00CN¥60.00n/a23
Dec ’24CN¥65.69
CN¥79.04
+20.3%
10.9%CN¥95.00CN¥60.00CN¥60.3023
Nov ’24CN¥59.71
CN¥78.20
+31.0%
11.0%CN¥95.00CN¥55.00CN¥55.6023
Oct ’24CN¥66.49
CN¥78.98
+18.8%
12.0%CN¥97.10CN¥55.00CN¥62.4522
Sep ’24CN¥68.20
CN¥78.55
+15.2%
11.3%CN¥97.10CN¥55.00CN¥43.3022
Aug ’24CN¥70.00
CN¥77.62
+10.9%
14.3%CN¥98.80CN¥46.00CN¥45.6021
Jul ’24CN¥64.21
CN¥77.42
+20.6%
15.1%CN¥98.80CN¥46.00CN¥49.9021
Jun ’24CN¥59.39
CN¥80.23
+35.1%
12.5%CN¥98.80CN¥58.57CN¥57.9421
May ’24CN¥61.80
CN¥80.48
+30.2%
11.7%CN¥98.80CN¥61.67CN¥59.5022
Apr ’24CN¥70.30
CN¥81.99
+16.6%
12.7%CN¥99.50CN¥54.79CN¥61.4721
Mar ’24CN¥74.31
CN¥81.10
+9.1%
11.9%CN¥96.00CN¥54.79CN¥63.8521
Feb ’24CN¥71.50
CN¥78.42
+9.7%
13.1%CN¥96.00CN¥54.79CN¥56.5021
Jan ’24CN¥69.50
CN¥77.85
+12.0%
12.9%CN¥96.00CN¥54.79CN¥63.1421
Dec ’23CN¥69.91
CN¥75.65
+8.2%
13.5%CN¥96.00CN¥54.79CN¥65.6921

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:06
End of Day Share Price 2024/12/25 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 here.

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 .

Analyst Sources

Shenzhen Inovance Technology Co.,Ltd is covered by 46 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
Ming-Hsun LeeBofA Global Research
Hui ChenBohai Securities Co., Ltd.