Zhejiang Changsheng Sliding Bearings Co., Ltd.

XSEC:300718 Stock Report

Market Cap: CN¥5.2b

Zhejiang Changsheng Sliding Bearings Valuation

Is 300718 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 300718 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300718 (CN¥17.48) is trading above our estimate of fair value (CN¥10.1)

Significantly Below Fair Value: 300718 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300718?

Key metric: As 300718 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300718. This is calculated by dividing 300718's market cap by their current earnings.
What is 300718's PE Ratio?
PE Ratio22.3x
EarningsCN¥232.79m
Market CapCN¥5.20b

Price to Earnings Ratio vs Peers

How does 300718's PE Ratio compare to its peers?

The above table shows the PE ratio for 300718 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.1x
301603 JirFine Intelligent Equipment
25.3xn/aCN¥5.0b
300441 Ningbo BaoSi Energy Equipment
6.5x-23.1%CN¥5.3b
605286 Jiangsu Tongli Risheng Machinery
18.9xn/aCN¥5.5b
300435 Hangzhou Zhongtai Cryogenic Technology
17.6x34.0%CN¥4.9b
300718 Zhejiang Changsheng Sliding Bearings
22.3x19.8%CN¥5.2b

Price-To-Earnings vs Peers: 300718 is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (17.1x).

Price to Earnings Ratio vs Industry

How does 300718's PE Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
002021 Zoje Resources Investment
4.6xn/aUS$398.81m
No more companies available in this PE range
300718 22.3xIndustry Avg. 35.0xNo. of Companies54PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300718 is good value based on its Price-To-Earnings Ratio (22.3x) compared to the CN Machinery industry average (35x).

Price to Earnings Ratio vs Fair Ratio

What is 300718'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.

300718 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: 300718 is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

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 300718 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥17.48
CN¥21.89
+25.2%
3.8%CN¥22.73CN¥21.05n/a2
Nov ’25CN¥16.97
CN¥21.89
+29.0%
3.8%CN¥22.73CN¥21.05n/a2
Oct ’25CN¥16.98
CN¥21.44
+26.3%
1.8%CN¥21.83CN¥21.05n/a2
Sep ’25CN¥13.67
CN¥21.44
+56.8%
1.8%CN¥21.83CN¥21.05n/a2
Aug ’25CN¥13.52
CN¥21.44
+58.6%
1.8%CN¥21.83CN¥21.05n/a2
Jul ’25CN¥13.77
CN¥21.44
+55.7%
1.8%CN¥21.83CN¥21.05n/a2
Jun ’25CN¥14.86
CN¥21.44
+44.3%
1.8%CN¥21.83CN¥21.05n/a2
Nov ’24CN¥16.70
CN¥22.90
+37.1%
8.1%CN¥24.75CN¥21.05CN¥16.972
Oct ’24CN¥18.25
CN¥22.90
+25.5%
8.1%CN¥24.75CN¥21.05CN¥16.982
Sep ’24CN¥19.50
CN¥22.90
+17.4%
8.1%CN¥24.75CN¥21.05CN¥13.672
Aug ’24CN¥18.82
CN¥22.90
+21.7%
8.1%CN¥24.75CN¥21.05CN¥13.522
Jul ’24CN¥22.25
CN¥22.90
+2.9%
8.1%CN¥24.75CN¥21.05CN¥13.772

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

Beijing Sifang AutomationLtd

CN¥14.0b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.

601126

CN¥16.77

7D

-9.4%

1Y

18.4%

China National Chemical Engineering

CN¥49.6b

An industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China.

601117

CN¥8.12

7D

-5.1%

1Y

21.0%

Goneo Group

CN¥89.2b

Provides electrical products.

603195

CN¥68.98

7D

-5.8%

1Y

3.1%