Sungrow Power Supply Co., Ltd.

XSEC:300274 Stock Report

Market Cap: CN¥160.5b

Sungrow Power Supply Valuation

Is 300274 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 300274 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300274 (CN¥78) is trading above our estimate of fair value (CN¥42.51)

Significantly Below Fair Value: 300274 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300274?

Key metric: As 300274 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300274. This is calculated by dividing 300274's market cap by their current earnings.
What is 300274's PE Ratio?
PE Ratio16.3x
EarningsCN¥9.82b
Market CapCN¥160.46b

Price to Earnings Ratio vs Peers

How does 300274's PE Ratio compare to its peers?

The above table shows the PE ratio for 300274 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.3x
300014 EVE Energy
25.2x27.0%CN¥96.0b
603195 Goneo Group
21.6x10.3%CN¥93.4b
002074 Gotion High-techLtd
36.4x25.7%CN¥38.6b
002028 Sieyuan Electric
29.9x21.9%CN¥56.9b
300274 Sungrow Power Supply
16.3x12.9%CN¥160.5b

Price-To-Earnings vs Peers: 300274 is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (28.3x).

Price to Earnings Ratio vs Industry

How does 300274'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
300274 16.3xIndustry Avg. 36.4xNo. of Companies32PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300274 is good value based on its Price-To-Earnings Ratio (16.3x) compared to the CN Electrical industry average (36.4x).

Price to Earnings Ratio vs Fair Ratio

What is 300274'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.

300274 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.3x
Fair PE Ratio28.4x

Price-To-Earnings vs Fair Ratio: 300274 is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).

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 300274 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥78.00
CN¥99.77
+27.9%
16.4%CN¥121.80CN¥63.00n/a15
Dec ’25CN¥81.28
CN¥98.96
+21.8%
16.1%CN¥121.80CN¥63.00n/a16
Nov ’25CN¥88.20
CN¥99.46
+12.8%
16.1%CN¥123.00CN¥63.00n/a16
Oct ’25CN¥99.58
CN¥92.87
-6.7%
19.0%CN¥136.00CN¥63.00n/a16
Sep ’25CN¥77.00
CN¥92.37
+20.0%
19.2%CN¥136.00CN¥63.00n/a16
Aug ’25CN¥67.90
CN¥90.27
+32.9%
17.5%CN¥136.00CN¥65.00n/a16
Jul ’25CN¥63.15
CN¥90.07
+42.6%
18.0%CN¥136.00CN¥65.00n/a15
Jun ’25CN¥70.49
CN¥91.25
+29.4%
18.9%CN¥142.86CN¥64.29n/a15
May ’25CN¥73.82
CN¥91.40
+23.8%
19.0%CN¥142.86CN¥64.29n/a15
Apr ’25CN¥77.89
CN¥89.80
+15.3%
19.1%CN¥136.43CN¥61.43n/a14
Mar ’25CN¥62.55
CN¥86.03
+37.5%
22.9%CN¥136.43CN¥56.79n/a15
Feb ’25CN¥57.54
CN¥87.65
+52.3%
28.4%CN¥142.86CN¥56.79n/a15
Jan ’25CN¥62.56
CN¥89.02
+42.3%
29.3%CN¥142.86CN¥57.14n/a15
Dec ’24CN¥59.45
CN¥91.16
+53.3%
27.4%CN¥142.86CN¥57.14CN¥81.2815
Nov ’24CN¥58.66
CN¥91.81
+56.5%
28.8%CN¥142.86CN¥57.14CN¥88.2016
Oct ’24CN¥63.94
CN¥99.95
+56.3%
24.5%CN¥142.86CN¥59.29CN¥99.5817
Sep ’24CN¥71.78
CN¥106.14
+47.9%
20.2%CN¥142.86CN¥64.29CN¥77.0015
Aug ’24CN¥75.79
CN¥102.73
+35.6%
16.9%CN¥139.29CN¥64.29CN¥67.9015
Jul ’24CN¥83.31
CN¥102.37
+22.9%
18.9%CN¥153.57CN¥64.29CN¥63.1515
Jun ’24CN¥76.89
CN¥102.88
+33.8%
19.4%CN¥153.57CN¥64.29CN¥70.4914
May ’24CN¥80.53
CN¥103.60
+28.6%
19.5%CN¥153.57CN¥64.29CN¥73.8213
Apr ’24CN¥74.90
CN¥111.03
+48.2%
20.3%CN¥153.57CN¥64.29CN¥77.8911
Mar ’24CN¥82.43
CN¥112.98
+37.1%
18.7%CN¥153.57CN¥64.29CN¥62.5511
Feb ’24CN¥90.03
CN¥112.98
+25.5%
18.7%CN¥153.57CN¥64.29CN¥57.5411
Jan ’24CN¥79.86
CN¥111.49
+39.6%
17.8%CN¥150.00CN¥64.29CN¥62.5611
Dec ’23CN¥82.79
CN¥119.21
+44.0%
10.7%CN¥150.00CN¥100.00CN¥59.4510

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 20:40
End of Day Share Price 2024/12/26 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

Sungrow Power Supply Co., Ltd. is covered by 36 analysts. 23 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.
Jian Xiong LimCFRA Equity Research
Bo Hua WuChangjiang Securities Co. LTD.