Hanwang Technology Co.,Ltd

SZSE:002362 Stock Report

Market Cap: CN¥5.2b

Hanwang TechnologyLtd Valuation

Is 002362 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-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 002362 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 002362's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 002362's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002362?

Key metric: As 002362 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 002362. This is calculated by dividing 002362's market cap by their current revenue.
What is 002362's PS Ratio?
PS Ratio3.2x
SalesCN¥1.62b
Market CapCN¥5.21b

Price to Sales Ratio vs Peers

How does 002362's PS Ratio compare to its peers?

The above table shows the PS ratio for 002362 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.9x
600800 Tian Jin Bohai ChemicalLtd
1.4xn/aCN¥5.9b
301330 Zkteco
2.8xn/aCN¥5.5b
300007 Hanwei Electronics Group
2.5x10.0%CN¥5.7b
300248 Newcapec Electronics
5xn/aCN¥5.3b
002362 Hanwang TechnologyLtd
3.2x25.3%CN¥5.2b

Price-To-Sales vs Peers: 002362 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (2.9x).


Price to Sales Ratio vs Industry

How does 002362's PS Ratio compare vs other companies in the CN Electronic Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
601138 Foxconn Industrial Internet
0.8x19.3%US$60.64b
000100 TCL Technology Group
0.5x11.9%US$11.52b
600745 Wingtech TechnologyLtd
0.7x7.6%US$6.70b
601231 Universal Scientific Industrial (Shanghai)
0.5x11.1%US$4.18b
002362 3.2xIndustry Avg. 4.3xNo. of Companies46PS03.26.49.612.816+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 002362 is good value based on its Price-To-Sales Ratio (3.2x) compared to the CN Electronic industry average (4.3x).


Price to Sales Ratio vs Fair Ratio

What is 002362'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.

002362 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ratio4.8x

Price-To-Sales vs Fair Ratio: 002362 is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (4.8x).


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