Zhejiang Sunoren Solar Technology Co.,Ltd.

XSSC:603105 Stock Report

Market Cap: CN¥4.4b

Zhejiang Sunoren Solar TechnologyLtd Valuation

Is 603105 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 603105 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603105 (CN¥8.79) is trading above our estimate of fair value (CN¥2.56)

Significantly Below Fair Value: 603105 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603105?

Key metric: As 603105 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603105. This is calculated by dividing 603105's market cap by their current earnings.
What is 603105's PE Ratio?
PE Ratio20x
EarningsCN¥220.23m
Market CapCN¥4.40b

Price to Earnings Ratio vs Peers

How does 603105's PE Ratio compare to its peers?

The above table shows the PE ratio for 603105 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.5x
603421 Qingdao Topscomm Communication
82.6xn/aCN¥3.9b
688589 Leaguer (Shenzhen) Microelectronics
44.5xn/aCN¥3.3b
688325 Guangdong Cellwise Microelectronics
39.8xn/aCN¥3.9b
688049 Actions Technology
55x24.2%CN¥4.9b
603105 Zhejiang Sunoren Solar TechnologyLtd
20x23.4%CN¥4.4b

Price-To-Earnings vs Peers: 603105 is good value based on its Price-To-Earnings Ratio (20x) compared to the peer average (54.6x).

Price to Earnings Ratio vs Industry

How does 603105's PE Ratio compare vs other companies in the CN Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603105 20.0xIndustry Avg. 60.3xNo. of Companies13PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603105 is good value based on its Price-To-Earnings Ratio (20x) compared to the CN Semiconductor industry average (60.8x).

Price to Earnings Ratio vs Fair Ratio

What is 603105'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.

603105 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20x
Fair PE Ratio30.7x

Price-To-Earnings vs Fair Ratio: 603105 is good value based on its Price-To-Earnings Ratio (20x) compared to the estimated Fair Price-To-Earnings Ratio (30.7x).

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 603105 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥8.79
CN¥11.36
+29.2%
1.3%CN¥11.50CN¥11.22n/a2
Nov ’25CN¥8.96
CN¥11.36
+26.8%
1.3%CN¥11.50CN¥11.22n/a2
Oct ’25CN¥8.96
CN¥11.36
+26.8%
1.3%CN¥11.50CN¥11.22n/a2
Sep ’25CN¥7.55
CN¥11.36
+50.4%
1.3%CN¥11.50CN¥11.22n/a2
Aug ’25CN¥8.03
CN¥11.66
+45.2%
3.8%CN¥12.10CN¥11.22n/a2
Jul ’25CN¥8.91
CN¥11.66
+30.8%
3.8%CN¥12.10CN¥11.22n/a2
Jun ’25CN¥9.62
CN¥11.66
+21.2%
3.8%CN¥12.10CN¥11.22n/a2
May ’25CN¥9.06
CN¥11.66
+28.7%
3.8%CN¥12.10CN¥11.22n/a2
Apr ’25CN¥9.62
CN¥14.14
+47.0%
4.5%CN¥14.78CN¥13.50n/a2
Mar ’25CN¥9.72
CN¥16.49
+69.6%
10.4%CN¥18.20CN¥14.78n/a2
Feb ’25CN¥8.96
CN¥16.49
+84.0%
10.4%CN¥18.20CN¥14.78n/a2
Jan ’25CN¥11.58
CN¥16.49
+42.4%
10.4%CN¥18.20CN¥14.78n/a2
Dec ’24CN¥11.90
CN¥16.49
+38.6%
10.4%CN¥18.20CN¥14.78n/a2
Nov ’24CN¥12.30
CN¥16.49
+34.0%
10.4%CN¥18.20CN¥14.78CN¥8.962
Oct ’24CN¥13.32
CN¥18.14
+36.2%
7.5%CN¥19.50CN¥16.78CN¥8.962
Sep ’24CN¥14.10
CN¥18.14
+28.6%
7.5%CN¥19.50CN¥16.78CN¥7.552
Aug ’24CN¥15.58
CN¥20.43
+31.1%
3.3%CN¥21.10CN¥19.76CN¥8.032

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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