Jiangsu Hengshun Vinegar-Industry Co.,Ltd

SHSE:600305 Stock Report

Market Cap: CN¥8.9b

Jiangsu Hengshun Vinegar-IndustryLtd Valuation

Is 600305 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 600305 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600305 (CN¥8.12) is trading below our estimate of fair value (CN¥9.39)

Significantly Below Fair Value: 600305 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600305?

Key metric: As 600305 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600305. This is calculated by dividing 600305's market cap by their current earnings.
What is 600305's PE Ratio?
PE Ratio129.7x
EarningsCN¥68.82m
Market CapCN¥8.92b

Price to Earnings Ratio vs Peers

How does 600305's PE Ratio compare to its peers?

The above table shows the PE ratio for 600305 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.7x
603866 Toly BreadLtd
18.7x10.5%CN¥10.3b
600882 Shanghai Milkground Food Tech
67x29.4%CN¥9.1b
002216 Sanquan Food
17.5x10.7%CN¥10.3b
000848 Cheng De Lolo
15.5x12.9%CN¥9.5b
600305 Jiangsu Hengshun Vinegar-IndustryLtd
129.7x42.7%CN¥8.9b

Price-To-Earnings vs Peers: 600305 is expensive based on its Price-To-Earnings Ratio (129.7x) compared to the peer average (29.7x).

Price to Earnings Ratio vs Industry

How does 600305's PE Ratio compare vs other companies in the CN Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.5xn/aUS$4.05b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd
5x-46.9%US$2.43b
002086 Shandong Oriental Ocean Sci-Tech
3.2xn/aUS$756.17m
No more companies available in this PE range
600305 129.7xIndustry Avg. 29.2xNo. of Companies19PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600305 is expensive based on its Price-To-Earnings Ratio (129.7x) compared to the CN Food industry average (29.9x).

Price to Earnings Ratio vs Fair Ratio

What is 600305'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.

600305 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio129.7x
Fair PE Ratio36.3x

Price-To-Earnings vs Fair Ratio: 600305 is expensive based on its Price-To-Earnings Ratio (129.7x) compared to the estimated Fair Price-To-Earnings Ratio (36.3x).

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 600305 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥8.12
CN¥7.34
-9.7%
21.9%CN¥9.00CN¥5.00n/a5
Nov ’25CN¥7.80
CN¥7.34
-5.9%
21.9%CN¥9.00CN¥5.00n/a5
Oct ’25CN¥8.50
CN¥7.34
-13.7%
21.9%CN¥9.00CN¥5.00n/a5
Sep ’25CN¥7.20
CN¥7.56
+4.9%
17.5%CN¥9.00CN¥6.00n/a5
Aug ’25CN¥7.25
CN¥8.08
+11.4%
17.2%CN¥9.60CN¥6.30n/a5
Jul ’25CN¥7.24
CN¥8.12
+12.2%
16.5%CN¥9.60CN¥6.50n/a5
Jun ’25CN¥7.93
CN¥8.12
+2.4%
16.5%CN¥9.60CN¥6.50n/a5
May ’25CN¥8.20
CN¥8.54
+4.1%
20.5%CN¥11.00CN¥6.50n/a5
Apr ’25CN¥8.19
CN¥9.58
+17.0%
21.1%CN¥12.10CN¥7.10n/a5
Mar ’25CN¥8.43
CN¥9.58
+13.6%
21.1%CN¥12.10CN¥7.10n/a5
Feb ’25CN¥7.89
CN¥9.98
+26.5%
20.6%CN¥12.10CN¥7.10n/a6
Jan ’25CN¥9.21
CN¥10.02
+8.8%
20.1%CN¥12.10CN¥7.10n/a6
Dec ’24CN¥9.58
CN¥11.40
+19.0%
20.6%CN¥15.40CN¥7.50n/a6
Nov ’24CN¥9.91
CN¥11.73
+18.4%
17.7%CN¥15.40CN¥8.50CN¥7.806
Oct ’24CN¥10.33
CN¥12.34
+19.4%
17.3%CN¥15.40CN¥8.50CN¥8.506
Sep ’24CN¥10.66
CN¥12.20
+14.4%
20.3%CN¥16.76CN¥8.50CN¥7.207
Aug ’24CN¥11.24
CN¥12.63
+12.4%
20.8%CN¥16.76CN¥9.00CN¥7.256
Jul ’24CN¥10.86
CN¥12.63
+16.3%
20.8%CN¥16.76CN¥9.00CN¥7.246
Jun ’24CN¥10.94
CN¥12.76
+16.6%
22.4%CN¥16.76CN¥9.00CN¥7.935
May ’24CN¥11.39
CN¥12.76
+12.0%
22.4%CN¥16.76CN¥9.00CN¥8.205
Apr ’24CN¥11.96
CN¥13.11
+9.6%
25.8%CN¥18.51CN¥9.00CN¥8.195
Mar ’24CN¥12.88
CN¥12.89
+0.04%
29.1%CN¥18.51CN¥9.00CN¥8.434
Feb ’24CN¥12.18
CN¥13.04
+7.0%
28.0%CN¥18.51CN¥9.00CN¥7.894
Jan ’24CN¥12.31
CN¥12.91
+4.9%
26.8%CN¥18.00CN¥9.00CN¥9.214
Dec ’23CN¥11.75
CN¥12.91
+9.9%
26.8%CN¥18.00CN¥9.00CN¥9.584
Nov ’23CN¥10.53
CN¥12.91
+22.6%
26.8%CN¥18.00CN¥9.00CN¥9.914

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

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