Shenzhen Zhaowei Machinery & Electronics Co., Ltd.

XSEC:003021 Stock Report

Market Cap: CN¥17.0b

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

Below Fair Value: 003021 (CN¥70.85) is trading above our estimate of fair value (CN¥2.74)

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 profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 003021. This is calculated by dividing 003021's market cap by their current earnings.
What is 003021's PE Ratio?
PE Ratio80.7x
EarningsCN¥210.95m
Market CapCN¥17.02b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 003021 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
002484 Nantong Jianghai Capacitor
25.6x23.1%CN¥16.7b
601222 Jiangsu Linyang Energy
13.5x14.7%CN¥14.7b
002249 Zhongshan Broad-Ocean Motor
17.2xn/aCN¥13.2b
601126 Beijing Sifang AutomationLtd
20.4x16.5%CN¥14.6b
003021 Shenzhen Zhaowei Machinery & Electronics
80.7x31.4%CN¥17.0b

Price-To-Earnings vs Peers: 003021 is expensive based on its Price-To-Earnings Ratio (80.7x) compared to the peer average (19.2x).

Price to Earnings Ratio vs Industry

How does 003021'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
003021 80.7xIndustry Avg. 35.7xNo. of Companies36PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 003021 is expensive based on its Price-To-Earnings Ratio (80.7x) compared to the CN Electrical industry average (35.7x).

Price to Earnings Ratio vs Fair Ratio

What is 003021'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.

003021 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio80.7x
Fair PE Ratio32.5x

Price-To-Earnings vs Fair Ratio: 003021 is expensive based on its Price-To-Earnings Ratio (80.7x) compared to the estimated Fair Price-To-Earnings Ratio (32.5x).

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¥70.85
CN¥59.43
-16.1%
5.8%CN¥62.86CN¥56.00n/a2
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¥57.14n/a2
Feb ’25CN¥38.40
CN¥60.00
+56.3%
4.8%CN¥62.86CN¥57.14n/a2
Jan ’25CN¥67.14
CN¥60.00
-10.6%
4.8%CN¥62.86CN¥57.14n/a2
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
Feb ’24CN¥42.11
CN¥56.43
+34.0%
1.3%CN¥57.14CN¥55.71CN¥38.402
Jan ’24CN¥34.34
CN¥56.43
+64.3%
1.3%CN¥57.14CN¥55.71CN¥67.142
Dec ’23CN¥40.96
CN¥56.43
+37.8%
1.3%CN¥57.14CN¥55.71CN¥56.692

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

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