Qi An Xin Technology Group Inc.

SHSE:688561 Stock Report

Market Cap: CN¥23.1b

Qi An Xin Technology Group Valuation

Is 688561 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688561 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688561 (CN¥33.81) is trading below our estimate of fair value (CN¥43.77)

Significantly Below Fair Value: 688561 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688561?

Key metric: As 688561 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688561. This is calculated by dividing 688561's market cap by their current revenue.
What is 688561's PS Ratio?
PS Ratio4.2x
SalesCN¥5.47b
Market CapCN¥23.07b

Price to Sales Ratio vs Peers

How does 688561's PS Ratio compare to its peers?

The above table shows the PS ratio for 688561 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.1x
002439 Venustech Group
4.9x16.4%CN¥21.3b
300454 Sangfor Technologies
3.6x11.3%CN¥27.3b
688692 Wuhan Dameng Database
33.3x17.4%CN¥32.5b
002268 CETC Cyberspace Security Technology
6.6xn/aCN¥15.5b
688561 Qi An Xin Technology Group
4.2x14.1%CN¥23.1b

Price-To-Sales vs Peers: 688561 is good value based on its Price-To-Sales Ratio (4.2x) compared to the peer average (12.1x).

Price to Sales Ratio vs Industry

How does 688561's PS Ratio compare vs other companies in the CN Software Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
300038 Beijing Shuzhi TechnologyLtd
0.2xn/aUS$52.48m
688555 Essence Information Technology
0.7xn/aUS$12.88m
No more companies available in this PS range
688561 4.2xIndustry Avg. 7.3xNo. of Companies20PS048121620+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688561 is good value based on its Price-To-Sales Ratio (4.2x) compared to the CN Software industry average (7.3x).

Price to Sales Ratio vs Fair Ratio

What is 688561'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.

688561 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.2x
Fair PS Ratio7.4x

Price-To-Sales vs Fair Ratio: 688561 is good value based on its Price-To-Sales Ratio (4.2x) compared to the estimated Fair Price-To-Sales Ratio (7.4x).

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 688561 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥33.81
CN¥31.92
-5.6%
25.4%CN¥42.98CN¥17.00n/a8
Nov ’25CN¥30.10
CN¥29.69
-1.4%
26.6%CN¥42.98CN¥20.00n/a8
Oct ’25CN¥31.88
CN¥27.87
-12.6%
28.0%CN¥41.00CN¥19.00n/a9
Sep ’25CN¥22.60
CN¥32.73
+44.8%
29.1%CN¥46.00CN¥20.00n/a9
Aug ’25CN¥24.24
CN¥34.82
+43.6%
25.4%CN¥46.00CN¥22.00n/a9
Jul ’25CN¥22.97
CN¥37.89
+64.9%
16.0%CN¥46.00CN¥27.00n/a9
Jun ’25CN¥26.06
CN¥38.77
+48.8%
16.3%CN¥46.74CN¥27.00n/a10
May ’25CN¥30.90
CN¥45.72
+48.0%
28.3%CN¥68.00CN¥27.00n/a9
Apr ’25CN¥32.40
CN¥50.57
+56.1%
25.9%CN¥68.00CN¥31.00n/a9
Mar ’25CN¥36.16
CN¥50.57
+39.9%
25.9%CN¥68.00CN¥31.00n/a9
Feb ’25CN¥29.90
CN¥55.98
+87.2%
21.9%CN¥68.00CN¥33.00n/a9
Jan ’25CN¥40.09
CN¥58.64
+46.3%
15.7%CN¥68.00CN¥40.00n/a9
Dec ’24CN¥44.96
CN¥59.09
+31.4%
16.3%CN¥70.00CN¥40.00n/a9
Nov ’24CN¥45.70
CN¥61.64
+34.9%
18.8%CN¥80.00CN¥40.00CN¥30.109
Oct ’24CN¥51.46
CN¥75.74
+47.2%
8.1%CN¥84.00CN¥68.00CN¥31.889
Sep ’24CN¥54.26
CN¥79.30
+46.2%
9.3%CN¥92.57CN¥68.00CN¥22.609
Aug ’24CN¥50.87
CN¥81.57
+60.4%
9.9%CN¥92.57CN¥68.00CN¥24.249
Jul ’24CN¥51.81
CN¥82.68
+59.6%
10.2%CN¥92.57CN¥68.00CN¥22.979
Jun ’24CN¥58.01
CN¥82.68
+42.5%
10.2%CN¥92.57CN¥68.00CN¥26.069
May ’24CN¥59.09
CN¥86.69
+46.7%
10.1%CN¥100.00CN¥68.56CN¥30.909
Apr ’24CN¥69.80
CN¥90.79
+30.1%
9.8%CN¥100.00CN¥73.39CN¥32.408
Mar ’24CN¥78.40
CN¥87.67
+11.8%
12.2%CN¥100.00CN¥67.25CN¥36.1610
Feb ’24CN¥79.90
CN¥86.17
+7.8%
12.4%CN¥100.00CN¥67.25CN¥29.9010
Jan ’24CN¥65.77
CN¥77.81
+18.3%
13.5%CN¥97.15CN¥66.00CN¥40.098
Dec ’23CN¥64.98
CN¥77.81
+19.7%
13.5%CN¥97.15CN¥66.00CN¥44.968
Nov ’23CN¥63.00
CN¥74.65
+18.5%
11.0%CN¥90.00CN¥66.00CN¥45.707

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

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