Shenzhen China Bicycle Company (Holdings) Limited

SZSE:000017 Stock Report

Market Cap: CN¥3.4b

Shenzhen China Bicycle Company (Holdings) Valuation

Is 000017 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 000017 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000017 (CN¥6.65) is trading above our estimate of fair value (CN¥0.29)

Significantly Below Fair Value: 000017 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000017?

Key metric: As 000017 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 000017. This is calculated by dividing 000017's market cap by their current revenue.
What is 000017's PS Ratio?
PS Ratio9.2x
SalesCN¥499.44m
Market CapCN¥3.35b

Price to Sales Ratio vs Peers

How does 000017's PS Ratio compare to its peers?

The above table shows the PS ratio for 000017 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
300945 MCLON JEWELLERYLtd
1.1x20.5%CN¥2.7b
002404 Zhejiang Jiaxin SilkLtd
0.8xn/aCN¥3.5b
603665 ZheJiang KangLongDa Special Protection Technology
2.2xn/aCN¥2.7b
300591 Guangdong Wanlima Industry Ltd
3.4xn/aCN¥2.1b
000017 Shenzhen China Bicycle Company (Holdings)
9.2xn/aCN¥3.4b

Price-To-Sales vs Peers: 000017 is expensive based on its Price-To-Sales Ratio (9.2x) compared to the peer average (1.9x).


Price to Sales Ratio vs Industry

How does 000017's PS Ratio compare vs other companies in the CN Luxury Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
600916 China National Gold Group Gold JewelleryLtd
0.2x11.3%US$2.02b
002087 Henan Xinye Textile
0.07xn/aUS$17.98m
No more companies available in this PS range
000017 9.2xIndustry Avg. 1.5xNo. of Companies18PS01.22.43.64.86+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 000017 is expensive based on its Price-To-Sales Ratio (9.2x) compared to the CN Luxury industry average (1.5x).


Price to Sales Ratio vs Fair Ratio

What is 000017's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

000017 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio9.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 000017's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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