Dawning Information Industry Co., Ltd.

XSSC:603019 Stock Report

Market Cap: CN¥104.4b

Dawning Information Industry Valuation

Is 603019 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 603019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603019 (CN¥71.35) is trading below our estimate of fair value (CN¥198.11)

Significantly Below Fair Value: 603019 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603019?

Key metric: As 603019 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603019. This is calculated by dividing 603019's market cap by their current earnings.
What is 603019's PE Ratio?
PE Ratio56.3x
EarningsCN¥1.86b
Market CapCN¥104.40b

Price to Earnings Ratio vs Peers

How does 603019's PE Ratio compare to its peers?

The above table shows the PE ratio for 603019 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.1x
688036 Shenzhen Transsion Holdings
19.5x20.0%CN¥104.5b
000977 Inspur Electronic Information Industry
31.3x16.1%CN¥69.1b
603296 Huaqin Technology
22x18.4%CN¥60.8b
300866 Anker Innovations
23.7x19.1%CN¥44.3b
603019 Dawning Information Industry
56.3x22.0%CN¥104.4b

Price-To-Earnings vs Peers: 603019 is expensive based on its Price-To-Earnings Ratio (56.3x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does 603019's PE Ratio compare vs other companies in the CN Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
603019 56.3xIndustry Avg. 56.3xNo. of Companies6PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603019 is good value based on its Price-To-Earnings Ratio (56.3x) compared to the CN Tech industry average (57.2x).

Price to Earnings Ratio vs Fair Ratio

What is 603019'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.

603019 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.3x
Fair PE Ratio38.2x

Price-To-Earnings vs Fair Ratio: 603019 is expensive based on its Price-To-Earnings Ratio (56.3x) compared to the estimated Fair Price-To-Earnings Ratio (38.2x).

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 603019 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥71.35
CN¥47.78
-33.0%
29.0%CN¥64.20CN¥26.00n/a5
Nov ’25CN¥60.45
CN¥47.78
-21.0%
29.0%CN¥64.20CN¥26.00n/a5
Oct ’25CN¥47.72
CN¥44.78
-6.2%
27.2%CN¥64.20CN¥26.00n/a5
Sep ’25CN¥36.88
CN¥44.98
+22.0%
26.4%CN¥64.20CN¥27.00n/a5
Aug ’25CN¥43.71
CN¥46.75
+6.9%
26.4%CN¥64.20CN¥27.00n/a5
Jul ’25CN¥41.43
CN¥46.75
+12.8%
26.4%CN¥64.20CN¥27.00n/a5
Jun ’25CN¥40.87
CN¥48.03
+17.5%
28.1%CN¥64.20CN¥27.00n/a4
May ’25CN¥47.68
CN¥48.03
+0.7%
28.1%CN¥64.20CN¥27.00n/a4
Apr ’25CN¥48.89
CN¥44.41
-9.2%
29.9%CN¥64.20CN¥27.00n/a4
Mar ’25CN¥53.50
CN¥41.81
-21.9%
23.1%CN¥53.80CN¥27.00n/a4
Feb ’25CN¥31.98
CN¥41.81
+30.7%
23.1%CN¥53.80CN¥27.00n/a4
Jan ’25CN¥39.49
CN¥41.81
+5.9%
23.1%CN¥53.80CN¥27.00n/a4
Dec ’24CN¥38.13
CN¥41.81
+9.7%
23.1%CN¥53.80CN¥27.00n/a4
Nov ’24CN¥37.17
CN¥41.81
+12.5%
23.1%CN¥53.80CN¥27.00CN¥60.454
Oct ’24CN¥38.54
CN¥41.41
+7.4%
21.0%CN¥53.80CN¥27.00CN¥47.725
Sep ’24CN¥40.30
CN¥37.14
-7.9%
30.6%CN¥53.80CN¥26.30CN¥36.884
Aug ’24CN¥45.64
CN¥30.20
-33.8%
16.6%CN¥37.29CN¥26.30CN¥43.713
Jul ’24CN¥50.90
CN¥30.20
-40.7%
16.6%CN¥37.29CN¥26.30CN¥41.433
Jun ’24CN¥52.69
CN¥30.20
-42.7%
16.6%CN¥37.29CN¥26.30CN¥40.873
May ’24CN¥50.70
CN¥30.20
-40.4%
16.6%CN¥37.29CN¥26.30CN¥47.683
Apr ’24CN¥38.33
CN¥31.80
-17.0%
25.0%CN¥41.60CN¥22.00CN¥48.894
Mar ’24CN¥34.33
CN¥31.80
-7.4%
25.0%CN¥41.60CN¥22.00CN¥53.504
Feb ’24CN¥24.70
CN¥31.80
+28.7%
25.0%CN¥41.60CN¥22.00CN¥31.984
Jan ’24CN¥22.14
CN¥33.30
+50.4%
19.1%CN¥41.60CN¥26.30CN¥39.494
Dec ’23CN¥23.95
CN¥33.30
+39.0%
19.1%CN¥41.60CN¥26.30CN¥38.134
Nov ’23CN¥24.90
CN¥33.57
+34.8%
18.1%CN¥41.60CN¥27.40CN¥37.174

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

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