Jinhong Gas Co.,Ltd.

XSSC:688106 Stock Report

Market Cap: CN¥8.7b

Jinhong GasLtd Valuation

Is 688106 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 688106 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688106 (CN¥18.31) is trading below our estimate of fair value (CN¥78.94)

Significantly Below Fair Value: 688106 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688106?

Key metric: As 688106 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688106. This is calculated by dividing 688106's market cap by their current earnings.
What is 688106's PE Ratio?
PE Ratio32.6x
EarningsCN¥266.51m
Market CapCN¥8.68b

Price to Earnings Ratio vs Peers

How does 688106's PE Ratio compare to its peers?

The above table shows the PE ratio for 688106 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average52.5x
688548 Guangzhou Guanggang Gases & EnergyLtd
45.9x33.2%CN¥12.6b
301286 Sichuan Qiaoyuan GasLtd
76.6xn/aCN¥13.6b
688268 Guangdong Huate Gas
33.7x35.7%CN¥6.1b
002971 Hubei Heyuan GasLtd
53.9xn/aCN¥4.4b
688106 Jinhong GasLtd
32.6x31.6%CN¥8.7b

Price-To-Earnings vs Peers: 688106 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the peer average (52.5x).

Price to Earnings Ratio vs Industry

How does 688106's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
688106 32.6xIndustry Avg. 35.2xNo. of Companies42PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688106 is good value based on its Price-To-Earnings Ratio (32.6x) compared to the CN Chemicals industry average (36.4x).

Price to Earnings Ratio vs Fair Ratio

What is 688106'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.

688106 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.6x
Fair PE Ratio25.3x

Price-To-Earnings vs Fair Ratio: 688106 is expensive based on its Price-To-Earnings Ratio (32.6x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).

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 688106 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥18.31
CN¥26.23
+43.3%
7.7%CN¥29.00CN¥24.30n/a4
Nov ’25CN¥18.22
CN¥26.23
+44.0%
7.7%CN¥29.00CN¥24.30n/a4
Oct ’25CN¥19.58
CN¥26.91
+37.4%
6.2%CN¥29.00CN¥24.32n/a4
Sep ’25CN¥16.88
CN¥26.91
+59.4%
6.2%CN¥29.00CN¥24.32n/a4
Aug ’25CN¥18.92
CN¥27.26
+44.1%
6.8%CN¥29.00CN¥24.32n/a4
Jul ’25CN¥17.76
CN¥27.41
+54.3%
6.8%CN¥29.00CN¥24.32n/a4
Jun ’25CN¥18.27
CN¥26.97
+47.6%
7.3%CN¥29.00CN¥24.32n/a3
May ’25CN¥18.77
CN¥26.97
+43.7%
7.3%CN¥29.00CN¥24.32n/a3
Apr ’25CN¥19.52
CN¥28.97
+48.4%
15.4%CN¥35.00CN¥24.32n/a3
Mar ’25CN¥20.50
CN¥32.83
+60.1%
5.6%CN¥35.00CN¥30.49n/a3
Feb ’25CN¥17.97
CN¥32.83
+82.7%
5.6%CN¥35.00CN¥30.49n/a3
Jan ’25CN¥24.09
CN¥32.83
+36.3%
5.6%CN¥35.00CN¥30.49n/a3
Dec ’24CN¥24.64
CN¥32.83
+33.2%
5.6%CN¥35.00CN¥30.49n/a3
Nov ’24CN¥24.17
CN¥32.83
+35.8%
5.6%CN¥35.00CN¥30.49CN¥18.223
Oct ’24CN¥25.84
CN¥32.16
+24.5%
3.7%CN¥33.00CN¥30.49CN¥19.583
Sep ’24CN¥26.42
CN¥31.75
+20.2%
4.0%CN¥33.00CN¥30.49CN¥16.882
Aug ’24CN¥25.18
CN¥30.66
+21.8%
6.0%CN¥33.00CN¥28.50CN¥18.923
Jul ’24CN¥27.20
CN¥30.66
+12.7%
6.0%CN¥33.00CN¥28.50CN¥17.763
Jun ’24CN¥25.70
CN¥30.66
+19.3%
6.0%CN¥33.00CN¥28.50CN¥18.273
May ’24CN¥27.68
CN¥31.75
+14.7%
4.0%CN¥33.00CN¥30.49CN¥18.772

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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