Chengdu Zhimingda Electronics Co., Ltd.

XSSC:688636 Stock Report

Market Cap: CN¥4.4b

Chengdu Zhimingda Electronics Valuation

Is 688636 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 688636 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CN¥9.39
Fair Value
311.6% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: 688636 (CN¥38.65) is trading above our estimate of fair value (CN¥9.39)

Significantly Below Fair Value: 688636 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688636?

Key metric: As 688636 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 688636. This is calculated by dividing 688636's market cap by their current revenue.
What is 688636's PS Ratio?
PS Ratio9.9x
SalesCN¥437.93m
Market CapCN¥4.35b

Price to Sales Ratio vs Peers

How does 688636's PS Ratio compare to its peers?

The above table shows the PS ratio for 688636 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.6x
300868 Shenzhen Jame Technology
5.2xn/aCN¥4.0b
002912 Shenzhen Sinovatio Technology
7.6xn/aCN¥5.0b
301503 G.Tech Technology
3xn/aCN¥3.6b
300956 Anhui Shiny Electronic Technology
2.7xn/aCN¥4.6b
688636 Chengdu Zhimingda Electronics
9.9x33.3%CN¥4.4b

Price-To-Sales vs Peers: 688636 is expensive based on its Price-To-Sales Ratio (9.9x) compared to the peer average (4.6x).

Price to Sales Ratio vs Industry

How does 688636's PS Ratio compare vs other companies in the CN Tech Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
000977 Inspur Electronic Information Industry
0.9x13.5%US$12.02b
603296 Huaqin Technology
0.9x16.0%US$11.45b
603341 Shanghai Longcheer Technology
0.5xn/aUS$3.03b
000727 TPV Technology
0.2xn/aUS$1.87b
688636 9.9xIndustry Avg. 4.7xNo. of Companies6PS03.67.210.814.418+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 688636 is expensive based on its Price-To-Sales Ratio (9.9x) compared to the CN Tech industry average (4.7x).

Price to Sales Ratio vs Fair Ratio

What is 688636'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.

688636 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio9.9x
Fair PS Ratio43.8x

Price-To-Sales vs Fair Ratio: 688636 is good value based on its Price-To-Sales Ratio (9.9x) compared to the estimated Fair Price-To-Sales Ratio (43.8x).

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 688636 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥38.65
CN¥41.18
+6.5%
12.6%CN¥46.35CN¥36.00n/a2
Mar ’26CN¥34.01
CN¥41.18
+21.1%
12.6%CN¥46.35CN¥36.00n/a2
Feb ’26CN¥27.42
CN¥41.18
+50.2%
12.6%CN¥46.35CN¥36.00n/a2
Jan ’26CN¥28.10
CN¥41.18
+46.5%
12.6%CN¥46.35CN¥36.00n/a2
Feb ’25CN¥27.58
CN¥50.47
+83.0%
5.1%CN¥53.02CN¥47.92CN¥27.422
Jan ’25CN¥43.76
CN¥50.47
+15.3%
5.1%CN¥53.02CN¥47.92CN¥28.102
Dec ’24CN¥42.62
CN¥50.47
+18.4%
5.1%CN¥53.02CN¥47.92CN¥29.712
Oct ’24CN¥33.81
CN¥63.12
+86.7%
24.1%CN¥78.33CN¥47.92CN¥24.802
Sep ’24CN¥33.88
CN¥63.12
+86.3%
24.1%CN¥78.33CN¥47.92CN¥19.282
Aug ’24CN¥30.74
CN¥63.12
+105.3%
24.1%CN¥78.33CN¥47.92CN¥23.222
Analyst Price Target
Consensus Narrative from 2 Analysts
CN¥41.18
Fair Value
6.1% undervalued intrinsic discount
2
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/19 22:33
End of Day Share Price 2025/03/19 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chengdu Zhimingda Electronics Co., Ltd. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liang LiChina Galaxy Securities Co., Ltd.
Chenshuo FuCitic Securities Co., Ltd.
Cong LiHuatai Research