Yingkou Jinchen Machinery Valuation

Q: What is the Fair Price of 603396 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603396 (CN¥29.78) is trading above our estimate of [[fair value]] (CN¥2.63)

Is 603396 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 603396 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603396 (CN¥29.78) is trading above our estimate of fair value (CN¥2.63)

Significantly Below Fair Value: 603396 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603396?

Key metric: As 603396 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603396. This is calculated by dividing 603396's market cap by their current earnings.
What is 603396's PE Ratio?
PE Ratio	49.4x
Earnings	CN¥83.58m
Market Cap	CN¥4.13b

603396 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	1.5x
Enterprise Value/EBITDA	22.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 603396's PE Ratio compare to its peers?

The above table shows the PE ratio for 603396 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	63.1x
688720 Jiangsu Aisen Semiconductor MaterialLtd	104.6x	40.0%	CN¥4.0b
688719 Xi'an Actionpower Electric	37.6x	52.3%	CN¥3.1b
688478 Crystal Growth & Energy EquipmentLtd	52.1x	35.8%	CN¥4.3b
603061 JHT DesignLtd	57.9x	33.9%	CN¥4.5b
603396 Yingkou Jinchen Machinery	49.4x	n/a	CN¥4.1b

Price-To-Earnings vs Peers: 603396 is good value based on its Price-To-Earnings Ratio (49.4x) compared to the peer average (63.1x).

Price to Earnings Ratio vs Industry

How does 603396's PE Ratio compare vs other companies in the CN Semiconductor 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: 603396 is good value based on its Price-To-Earnings Ratio (49.4x) compared to the CN Semiconductor industry average (64x).

Price to Earnings Ratio vs Fair Ratio

What is 603396'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.

603396 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	49.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603396's Price-To-Earnings 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?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Shanghai Awinic TechnologyLtd

CN¥16.3b

Engages in the development and sale of integrated circuit chips in China and internationally.

688798

CN¥70.20

4.0%

-7.8%

Yangling Metron New Material

CN¥11.5b

Researches, develops, manufactures, and sells electroplated diamond wires and tools.

300861

CN¥24.01

-0.2%

-33.5%

Giantec Semiconductor

CN¥8.8b

Engages in the research, development, design, and sale of memory, analog, and mixed-signal integrated circuits in China, Taiwan, South Korea, Hong Kong, the United States, Japan, the Southeast Asia, Europe, and internationally.

688123

CN¥55.70

-4.0%

-12.2%