Shengyi Technology Co.,Ltd.

SHSE:600183 Stock Report

Market Cap: CN¥50.3b

Shengyi TechnologyLtd Valuation

Is 600183 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 600183 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600183 (CN¥20.89) is trading above our estimate of fair value (CN¥12.56)

Significantly Below Fair Value: 600183 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600183?

Key metric: As 600183 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600183. This is calculated by dividing 600183's market cap by their current earnings.
What is 600183's PE Ratio?
PE Ratio31x
EarningsCN¥1.64b
Market CapCN¥50.31b

Price to Earnings Ratio vs Peers

How does 600183's PE Ratio compare to its peers?

The above table shows the PE ratio for 600183 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average61.2x
002456 OFILM Group
119.4x19.3%CN¥49.7b
300782 Maxscend Microelectronics
70.5x29.9%CN¥49.4b
002384 Suzhou Dongshan Precision Manufacturing
27.9x32.6%CN¥46.3b
002916 Shennan Circuit
27.1x17.3%CN¥53.5b
600183 Shengyi TechnologyLtd
31x23.7%CN¥50.3b

Price-To-Earnings vs Peers: 600183 is good value based on its Price-To-Earnings Ratio (31x) compared to the peer average (61.2x).

Price to Earnings Ratio vs Industry

How does 600183's PE Ratio compare vs other companies in the CN Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600183 31.0xIndustry Avg. 45.0xNo. of Companies28PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600183 is good value based on its Price-To-Earnings Ratio (31x) compared to the CN Electronic industry average (45x).

Price to Earnings Ratio vs Fair Ratio

What is 600183'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.

600183 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31x
Fair PE Ratio34.7x

Price-To-Earnings vs Fair Ratio: 600183 is good value based on its Price-To-Earnings Ratio (31x) compared to the estimated Fair Price-To-Earnings Ratio (34.7x).

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 600183 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥20.89
CN¥23.18
+11.0%
18.1%CN¥28.75CN¥14.50n/a9
Nov ’25CN¥21.24
CN¥23.18
+9.1%
18.1%CN¥28.75CN¥14.50n/a9
Oct ’25CN¥20.84
CN¥22.83
+9.6%
17.0%CN¥27.00CN¥14.50n/a9
Sep ’25CN¥17.63
CN¥23.17
+31.4%
18.4%CN¥29.00CN¥14.50n/a9
Aug ’25CN¥19.57
CN¥23.28
+18.9%
18.3%CN¥29.00CN¥14.50n/a9
Jul ’25CN¥20.14
CN¥22.21
+10.3%
18.3%CN¥28.00CN¥14.50n/a9
Jun ’25CN¥19.78
CN¥22.21
+12.3%
18.3%CN¥28.00CN¥14.50n/a9
May ’25CN¥19.45
CN¥20.17
+3.7%
15.0%CN¥23.40CN¥12.50n/a9
Apr ’25CN¥17.65
CN¥19.52
+10.6%
13.3%CN¥22.00CN¥12.50n/a10
Mar ’25CN¥17.39
CN¥19.44
+11.8%
15.1%CN¥24.00CN¥12.50n/a10
Feb ’25CN¥14.65
CN¥19.51
+33.2%
15.1%CN¥24.00CN¥12.50n/a10
Jan ’25CN¥18.31
CN¥19.60
+7.0%
14.5%CN¥24.00CN¥12.50n/a10
Dec ’24CN¥17.18
CN¥19.60
+14.1%
14.5%CN¥24.00CN¥12.50n/a10
Nov ’24CN¥17.42
CN¥20.14
+15.6%
19.0%CN¥28.00CN¥12.50CN¥21.2410
Oct ’24CN¥15.36
CN¥18.92
+23.2%
24.6%CN¥28.00CN¥12.00CN¥20.8410
Sep ’24CN¥14.78
CN¥19.60
+32.6%
25.8%CN¥28.00CN¥12.00CN¥17.639
Aug ’24CN¥16.02
CN¥20.37
+27.2%
28.9%CN¥28.00CN¥9.10CN¥19.5710
Jul ’24CN¥14.20
CN¥19.86
+39.9%
29.4%CN¥28.00CN¥9.10CN¥20.1411
Jun ’24CN¥15.17
CN¥19.86
+30.9%
29.4%CN¥28.00CN¥9.10CN¥19.7811
May ’24CN¥16.05
CN¥20.00
+24.6%
27.7%CN¥28.00CN¥9.10CN¥19.4510
Apr ’24CN¥18.46
CN¥19.30
+4.6%
26.9%CN¥28.00CN¥9.10CN¥17.6510
Mar ’24CN¥18.38
CN¥18.31
-0.4%
27.7%CN¥28.00CN¥9.10CN¥17.3910
Feb ’24CN¥16.48
CN¥16.32
-1.0%
29.0%CN¥28.00CN¥9.10CN¥14.6510
Jan ’24CN¥14.41
CN¥16.32
+13.3%
29.0%CN¥28.00CN¥9.10CN¥18.3110
Dec ’23CN¥15.02
CN¥17.17
+14.3%
27.6%CN¥28.00CN¥9.10CN¥17.1811
Nov ’23CN¥14.04
CN¥18.58
+32.3%
20.1%CN¥28.00CN¥11.80CN¥17.4211

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Zhejiang Jiecang Linear Motion TechnologyLtd

CN¥8.1b

Zhejiang Jiecang Linear Motion Technology Co.,Ltd.

603583

CN¥21.04

7D

-3.2%

1Y

-0.8%

Yealink Network Technology

CN¥48.1b

Provides voice conferencing, voice communications, and collaboration solutions worldwide.

300628

CN¥38.07

7D

-10.8%

1Y

11.4%

Avary Holding(Shenzhen)Co

CN¥75.7b

Engages in the research and development, design, manufacture, and sale of printed circuit boards in China.

2938

CN¥32.77

7D

-6.4%

1Y

47.6%