Vanchip (Tianjin) Technology (SHSE:688153) Stock Valuation, Peer Comparison & Price Targets

Share Price vs Fair Value

What is the Fair Price of 688153 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688153 (CN¥42.89) is trading above our estimate of fair value (CN¥26.49)

Significantly Below Fair Value: 688153 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688153?

Key metric: As 688153 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688153. This is calculated by dividing 688153's market cap by their current revenue.
What is 688153's PS Ratio?
PS Ratio	6.4x
Sales	CN¥2.86b
Market Cap	CN¥18.44b

688153 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	5.5x
Enterprise Value/EBITDA	256.6x
PEG Ratio	2.3x

Price to Sales Ratio vs Peers

How does 688153's PS Ratio compare to its peers?

The above table shows the PS ratio for 688153 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	8.3x
301536 SigmaStar Technology	7.6x	n/a	CN¥17.9b
300458 Allwinner TechnologyLtd	7.7x	21.5%	CN¥17.3b
600877 CETC Chips Technology	11.4x	n/a	CN¥16.1b
600363 Jiangxi Lian Chuang Optoelectronic Science And TechnologylTd	6.6x	12.4%	CN¥21.0b
688153 Vanchip (Tianjin) Technology	6.4x	29.7%	CN¥18.4b

Price-To-Sales vs Peers: 688153 is good value based on its Price-To-Sales Ratio (6.4x) compared to the peer average (8.3x).

Price to Sales Ratio vs Industry

How does 688153's PS Ratio compare vs other companies in the CN Semiconductor Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap
688223 Jinko Solar	0.8x	11.4%	US$11.61b
002459 JA Solar Technology	0.7x	15.0%	US$7.32b
688599 Trina Solar	0.5x	12.5%	US$6.86b
688472 CSI Solar	1x	18.9%	US$6.36b

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 688153 is good value based on its Price-To-Sales Ratio (6.4x) compared to the CN Semiconductor industry average (6.8x).

Price to Sales Ratio vs Fair Ratio

What is 688153'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.

688153 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.4x
Fair PS Ratio	6x

Price-To-Sales vs Fair Ratio: 688153 is expensive based on its Price-To-Sales Ratio (6.4x) compared to the estimated Fair Price-To-Sales Ratio (6x).

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 688153 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¥42.89	CN¥55.07 +28.4%	22.1%	CN¥72.00	CN¥44.10	n/a	3
Nov ’25	CN¥32.80	CN¥56.87 +73.4%	20.2%	CN¥72.00	CN¥44.10	n/a	3
Oct ’25	CN¥36.32	CN¥56.87 +56.6%	20.2%	CN¥72.00	CN¥44.10	n/a	3
Sep ’25	CN¥32.00	CN¥56.87 +77.7%	20.2%	CN¥72.00	CN¥44.10	n/a	3
Aug ’25	CN¥34.61	CN¥65.73 +89.9%	12.1%	CN¥72.00	CN¥54.50	n/a	3
Jul ’25	CN¥36.63	CN¥65.73 +79.5%	12.1%	CN¥72.00	CN¥54.50	n/a	3
Jun ’25	CN¥45.32	CN¥76.50 +68.8%	9.5%	CN¥86.80	CN¥70.70	n/a	3
May ’25	CN¥54.27	CN¥75.50 +39.1%	10.6%	CN¥86.80	CN¥69.00	n/a	3
Apr ’25	CN¥55.40	CN¥80.23 +44.8%	9.9%	CN¥86.80	CN¥69.00	n/a	3
Mar ’25	CN¥59.48	CN¥80.23 +34.9%	9.9%	CN¥86.80	CN¥69.00	n/a	3
Feb ’25	CN¥48.91	CN¥80.23 +64.0%	9.9%	CN¥86.80	CN¥69.00	n/a	3
Jan ’25	CN¥65.50	CN¥77.90 +18.9%	11.4%	CN¥86.80	CN¥69.00	n/a	2
Dec ’24	CN¥65.40	CN¥73.15 +11.9%	5.7%	CN¥77.30	CN¥69.00	n/a	2
Nov ’24	CN¥70.04	CN¥73.15 +4.4%	5.7%	CN¥77.30	CN¥69.00	CN¥32.80	2
Oct ’24	CN¥57.09	CN¥73.15 +28.1%	5.7%	CN¥77.30	CN¥69.00	CN¥36.32	2
Sep ’24	CN¥71.10	CN¥73.15 +2.9%	5.7%	CN¥77.30	CN¥69.00	CN¥32.00	2
Aug ’24	CN¥62.41	CN¥73.15 +17.2%	5.7%	CN¥77.30	CN¥69.00	CN¥34.61	2
Jul ’24	CN¥73.16	CN¥68.95 -5.8%	0.07%	CN¥69.00	CN¥68.90	CN¥36.63	2
Jun ’24	CN¥68.05	CN¥68.95 +1.3%	0.07%	CN¥69.00	CN¥68.90	CN¥45.32	2
Nov ’23	CN¥34.78	CN¥59.77 +71.9%	28.1%	CN¥76.54	CN¥43.00	CN¥70.04	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Vanchip (Tianjin) Technology Valuation