Changsha Jingjia Microelectronics Co., Ltd.

SZSE:300474 Stock Report

Market Cap: CN¥52.0b

Changsha Jingjia Microelectronics Valuation

Is 300474 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300474 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300474 (CN¥99.47) is trading above our estimate of fair value (CN¥1.87)

Significantly Below Fair Value: 300474 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300474?

Key metric: As 300474 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 300474. This is calculated by dividing 300474's market cap by their current book value.
What is 300474's PB Ratio?
PB Ratio15.2x
BookCN¥3.42b
Market CapCN¥51.98b

Price to Book Ratio vs Peers

How does 300474's PB Ratio compare to its peers?

The above table shows the PB ratio for 300474 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.4x
688249 Nexchip Semiconductor
2.4x43.4%CN¥49.3b
600460 Hangzhou Silan MicroelectronicsLtd
4x43.1%CN¥48.2b
002459 JA Solar Technology
1.5x55.7%CN¥47.9b
688599 Trina Solar
1.6x49.6%CN¥47.2b
300474 Changsha Jingjia Microelectronics
15.2x33.0%CN¥52.0b

Price-To-Book vs Peers: 300474 is expensive based on its Price-To-Book Ratio (15.2x) compared to the peer average (2.4x).


Price to Book Ratio vs Industry

How does 300474's PB Ratio compare vs other companies in the CN Semiconductor Industry?

0 CompaniesPrice / BookEstimated GrowthMarket Cap
No more companies available in this PB range
300474 15.2xIndustry Avg. 3.9xNo. of Companies27PB02.44.87.29.612+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 300474 is expensive based on its Price-To-Book Ratio (15.2x) compared to the CN Semiconductor industry average (3.9x).


Price to Book Ratio vs Fair Ratio

What is 300474's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300474 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio15.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 300474's Price-To-Book 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?

The above table shows the analyst 300474 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥99.47
CN¥94.48
-5.0%
16.1%CN¥105.41CN¥73.00n/a3
Dec ’25CN¥86.39
CN¥94.48
+9.4%
16.1%CN¥105.41CN¥73.00n/a3
Nov ’25CN¥85.46
CN¥94.48
+10.6%
16.1%CN¥105.41CN¥73.00n/a3
Oct ’25CN¥76.43
CN¥80.39
+5.2%
22.6%CN¥105.41CN¥62.75n/a3
Sep ’25CN¥56.33
CN¥80.39
+42.7%
22.6%CN¥105.41CN¥62.75n/a3
Aug ’25CN¥65.78
CN¥85.08
+29.3%
17.0%CN¥105.41CN¥73.00n/a3
Dec ’24CN¥84.88
CN¥100.14
+18.0%
5.9%CN¥106.00CN¥94.27CN¥86.392
Nov ’24CN¥83.40
CN¥100.14
+20.1%
5.9%CN¥106.00CN¥94.27CN¥85.462
Oct ’24CN¥81.09
CN¥94.33
+16.3%
12.4%CN¥106.00CN¥82.66CN¥76.432
Sep ’24CN¥73.56
CN¥94.33
+28.2%
12.4%CN¥106.00CN¥82.66CN¥56.332
Aug ’24CN¥77.34
CN¥113.22
+46.4%
6.4%CN¥120.43CN¥106.00CN¥65.782
Jul ’24CN¥89.99
CN¥113.22
+25.8%
6.4%CN¥120.43CN¥106.00CN¥62.762
Jun ’24CN¥106.68
CN¥113.22
+6.1%
6.4%CN¥120.43CN¥106.00CN¥69.352
Jan ’24CN¥54.57
CN¥72.17
+32.3%
3.2%CN¥75.15CN¥69.42CN¥70.713
Dec ’23CN¥60.14
CN¥72.17
+20.0%
3.2%CN¥75.15CN¥69.42CN¥84.883

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:25
End of Day Share Price 2024/12/20 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Changsha Jingjia Microelectronics Co., Ltd. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wen Yu MoChangjiang Securities Co. LTD.
Tao XuCitic Securities Co., Ltd.
Qi DingCitic Securities Co., Ltd.