Shenzhen Inovance Technology Co.,Ltd

XSEC:300124 Stock Report

Market Cap: CN¥154.0b

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¥57.3) is trading above our estimate of fair value (CN¥31.59)

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 Ratio32.2x
EarningsCN¥4.78b
Market CapCN¥154.02b

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 Average28.9x
002050 Zhejiang Sanhua Intelligent ControlsLtd
27.3x17.2%CN¥82.1b
605117 Ningbo Deye Technology Group
22.9x26.6%CN¥54.9b
601100 Jiangsu Hengli HydraulicLtd
28.3x15.0%CN¥71.4b
600862 Avic Aviation High-Technology
37x18.2%CN¥39.1b
300124 Shenzhen Inovance TechnologyLtd
32.2x15.9%CN¥154.0b

Price-To-Earnings vs Peers: 300124 is expensive based on its Price-To-Earnings Ratio (32.2x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$397.65m
No more companies available in this PE range
300124 32.2xIndustry Avg. 34.7xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300124 is good value based on its Price-To-Earnings Ratio (32.2x) compared to the CN Machinery industry average (35x).

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 Ratio32.2x
Fair PE Ratio28.9x

Price-To-Earnings vs Fair Ratio: 300124 is expensive based on its Price-To-Earnings Ratio (32.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.9x).

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¥59.02
CN¥66.49
+12.7%
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¥60.00n/a23
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
Nov ’23CN¥67.53
CN¥75.52
+11.8%
13.2%CN¥93.20CN¥54.79CN¥59.7121

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

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