Hangzhou Oxygen Plant GroupLtd (XSEC:002430) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 002430 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002430 (CN¥24.77) is trading below our estimate of [[fair value]] (CN¥41.9)

Share Price vs Fair Value

What is the Fair Price of 002430 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002430 (CN¥24.77) is trading below our estimate of fair value (CN¥41.9)

Significantly Below Fair Value: 002430 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002430?

Key metric: As 002430 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002430. This is calculated by dividing 002430's market cap by their current earnings.
What is 002430's PE Ratio?
PE Ratio	23.4x
Earnings	CN¥1.04b
Market Cap	CN¥24.37b

002430 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.1x
Enterprise Value/EBITDA	12.7x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does 002430's PE Ratio compare to its peers?

The above table shows the PE ratio for 002430 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	51.7x
688146 Peric Special Gases	51.6x	24.1%	CN¥16.5b
301286 Sichuan Qiaoyuan GasLtd	76.6x	n/a	CN¥13.6b
688548 Guangzhou Guanggang Gases & EnergyLtd	45.9x	33.2%	CN¥12.6b
688106 Jinhong GasLtd	32.6x	31.6%	CN¥8.7b
002430 Hangzhou Oxygen Plant GroupLtd	23.4x	24.2%	CN¥24.4b

Price-To-Earnings vs Peers: 002430 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (51.7x).

Price to Earnings Ratio vs Industry

How does 002430's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002430 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the CN Chemicals industry average (35.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002430'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.

002430 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.4x
Fair PE Ratio	24.3x

Price-To-Earnings vs Fair Ratio: 002430 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

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 002430 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥24.77	CN¥28.87 +16.5%	11.7%	CN¥32.60	CN¥22.00	n/a	7
Nov ’25	CN¥26.34	CN¥29.45 +11.8%	16.7%	CN¥38.00	CN¥22.00	n/a	6
Oct ’25	CN¥23.63	CN¥27.76 +17.5%	21.7%	CN¥38.00	CN¥20.55	n/a	6
Sep ’25	CN¥18.13	CN¥28.76 +58.6%	23.0%	CN¥38.00	CN¥20.55	n/a	6
Aug ’25	CN¥19.51	CN¥36.77 +88.5%	11.1%	CN¥45.00	CN¥32.00	n/a	6
Jul ’25	CN¥22.15	CN¥37.72 +70.3%	10.1%	CN¥45.00	CN¥35.00	n/a	5
Jun ’25	CN¥25.00	CN¥38.69 +54.7%	10.6%	CN¥45.00	CN¥35.00	n/a	6
May ’25	CN¥27.32	CN¥38.69 +41.6%	10.6%	CN¥45.00	CN¥35.00	n/a	6
Apr ’25	CN¥30.56	CN¥37.99 +24.3%	11.8%	CN¥45.00	CN¥33.81	n/a	6
Mar ’25	CN¥27.76	CN¥37.52 +35.2%	13.1%	CN¥45.00	CN¥32.00	n/a	6
Feb ’25	CN¥23.81	CN¥38.74 +62.7%	13.1%	CN¥45.00	CN¥32.00	n/a	5
Jan ’25	CN¥29.21	CN¥38.84 +33.0%	10.4%	CN¥43.50	CN¥34.02	n/a	5
Dec ’24	CN¥30.90	CN¥40.37 +30.6%	12.4%	CN¥48.00	CN¥34.02	n/a	6
Nov ’24	CN¥33.14	CN¥40.37 +21.8%	12.4%	CN¥48.00	CN¥34.02	CN¥26.34	6
Oct ’24	CN¥32.47	CN¥40.37 +24.3%	12.5%	CN¥48.00	CN¥33.50	CN¥23.63	6
Sep ’24	CN¥30.51	CN¥41.88 +37.3%	15.1%	CN¥49.58	CN¥33.50	CN¥18.13	6
Aug ’24	CN¥34.30	CN¥44.66 +30.2%	8.1%	CN¥49.58	CN¥40.00	CN¥19.51	5
Jul ’24	CN¥34.36	CN¥45.66 +32.9%	6.1%	CN¥49.58	CN¥42.00	CN¥22.15	5
Jun ’24	CN¥35.75	CN¥46.41 +29.8%	8.5%	CN¥53.31	CN¥42.00	CN¥25.00	5
May ’24	CN¥40.20	CN¥44.69 +11.2%	4.9%	CN¥48.00	CN¥42.00	CN¥27.32	4
Apr ’24	CN¥33.28	CN¥45.03 +35.3%	5.8%	CN¥48.00	CN¥41.60	CN¥30.56	3
Mar ’24	CN¥39.52	CN¥44.54 +12.7%	11.2%	CN¥50.56	CN¥38.00	CN¥27.76	4
Feb ’24	CN¥37.90	CN¥44.54 +17.5%	11.2%	CN¥50.56	CN¥38.00	CN¥23.81	4
Jan ’24	CN¥39.36	CN¥44.54 +13.2%	11.2%	CN¥50.56	CN¥38.00	CN¥29.21	4
Dec ’23	CN¥40.68	CN¥44.54 +9.5%	11.2%	CN¥50.56	CN¥38.00	CN¥30.90	4
Nov ’23	CN¥41.21	CN¥43.39 +5.3%	12.2%	CN¥50.56	CN¥38.00	CN¥33.14	3

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

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Hangzhou Oxygen Plant GroupLtd Valuation