Jinlei Technology Valuation

Q: What is the Fair Price of 300443 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300443 (CN¥16.28) is trading above our estimate of [[fair value]] (CN¥3.55)

Is 300443 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 300443 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300443 (CN¥16.28) is trading above our estimate of fair value (CN¥3.55)

Significantly Below Fair Value: 300443 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300443?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 300443. This is calculated by dividing 300443's market cap by their current preferred multiple.
What is 300443's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥5.30b

300443 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.2x
Enterprise Value/EBITDA	8.5x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does 300443's PE Ratio compare to its peers?

The above table shows the PE ratio for 300443 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	22.3x
300129 Shanghai Taisheng Wind Power Equipment	22.6x	39.5%	CN¥5.8b
601700 Changshu Fengfan Power Equipment	34.5x	n/a	CN¥4.2b
300569 Qingdao Tianneng Heavy IndustriesLtd	17.1x	n/a	CN¥4.1b
688128 China National Electric Apparatus Research Institute	14.8x	20.5%	CN¥6.2b
300443 Jinlei Technology	15.5x	26.5%	CN¥5.3b

Price-To-Earnings vs Peers: 300443 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (22.3x).

Price to Earnings Ratio vs Industry

How does 300443's PE Ratio compare vs other companies in the CN Electrical Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 300443 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the CN Electrical industry average (26.6x).

Price to Earnings Ratio vs Fair Ratio

What is 300443'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.

300443 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.5x
Fair PE Ratio	21.2x

Price-To-Earnings vs Fair Ratio: 300443 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).

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 300443 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥16.28	CN¥22.55 +38.5%	12.0%	CN¥25.00	CN¥18.78	n/a	3
Aug ’25	CN¥16.71	CN¥33.35 +99.6%	37.8%	CN¥51.16	CN¥23.88	n/a	3
Jul ’25	CN¥15.39	CN¥33.35 +116.7%	37.8%	CN¥51.16	CN¥23.88	n/a	3
Jun ’25	CN¥18.69	CN¥33.35 +78.4%	37.8%	CN¥51.16	CN¥23.88	n/a	3
May ’25	CN¥18.81	CN¥33.35 +77.3%	37.8%	CN¥51.16	CN¥23.88	n/a	3
Apr ’25	CN¥22.26	CN¥42.52 +91.0%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Mar ’25	CN¥19.89	CN¥42.52 +113.8%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Feb ’25	CN¥18.17	CN¥42.52 +134.0%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Jan ’25	CN¥27.59	CN¥42.52 +54.1%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Dec ’24	CN¥29.05	CN¥42.52 +46.4%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Nov ’24	CN¥31.37	CN¥42.52 +35.5%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Oct ’24	CN¥29.80	CN¥42.52 +42.7%	14.8%	CN¥51.16	CN¥36.40	n/a	3
Sep ’24	CN¥28.24	CN¥43.31 +53.3%	13.0%	CN¥51.16	CN¥36.40	n/a	4
Aug ’24	CN¥34.15	CN¥53.39 +56.3%	11.0%	CN¥60.00	CN¥45.66	CN¥16.71	4
Jul ’24	CN¥35.45	CN¥53.39 +50.6%	11.0%	CN¥60.00	CN¥45.66	CN¥15.39	4
Jun ’24	CN¥39.80	CN¥55.96 +40.6%	7.8%	CN¥60.00	CN¥49.88	CN¥18.69	3
May ’24	CN¥39.83	CN¥55.96 +40.5%	7.8%	CN¥60.00	CN¥49.88	CN¥18.81	3
Apr ’24	CN¥44.08	CN¥53.94 +22.4%	7.5%	CN¥58.00	CN¥49.88	CN¥22.26	2
Mar ’24	CN¥44.40	CN¥56.88 +28.1%	2.0%	CN¥58.00	CN¥55.76	CN¥19.89	2
Feb ’24	CN¥46.22	CN¥56.88 +23.1%	2.0%	CN¥58.00	CN¥55.76	CN¥18.17	2
Jan ’24	CN¥40.28	CN¥56.88 +41.2%	2.0%	CN¥58.00	CN¥55.76	CN¥27.59	2
Dec ’23	CN¥40.07	CN¥56.88 +42.0%	2.0%	CN¥58.00	CN¥55.76	CN¥29.05	2
Nov ’23	CN¥46.18	CN¥56.88 +23.2%	2.0%	CN¥58.00	CN¥55.76	CN¥31.37	2
Oct ’23	CN¥38.65	CN¥61.61 +59.4%	5.9%	CN¥65.21	CN¥58.00	CN¥29.80	2
Sep ’23	CN¥42.00	CN¥61.61 +46.7%	5.9%	CN¥65.21	CN¥58.00	CN¥28.24	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.