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Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577

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Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577
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Price: 13.03 CNY 4.49%
Market Cap: ¥28B

EV/GP

21.3
Current
68%
More Expensive
vs 3-y average of 12.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
21.3
=
Enterprise Value
¥30.6B
/
Gross Profit
¥1.4B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
21.3
=
Enterprise Value
¥30.6B
/
Gross Profit
¥1.4B

Valuation Scenarios

Tongling Jingda Special Magnet Wire Co Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (12.7), the stock would be worth ¥7.75 (41% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-44%
Maximum Upside
No Upside Scenarios
Average Downside
34%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 21.3 ¥13.03
0%
3-Year Average 12.7 ¥7.75
-41%
5-Year Average 11.8 ¥7.23
-44%
Industry Average 18.2 ¥11.12
-15%
Country Average 13.6 ¥8.3
-36%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
CN
Tongling Jingda Special Magnet Wire Co Ltd
SSE:600577
28B CNY 21.3 46.7
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 14.7 25.8
FR
Schneider Electric SE
PAR:SU
151B EUR 9.7 36.3
CH
Abb Ltd
SIX:ABBN
139.2B CHF 13.2 36.7
IE
Eaton Corporation PLC
NYSE:ETN
168B USD 17 41.1
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 31.4 80.9
US
Emerson Electric Co
NYSE:EMR
78.9B USD 8.8 34.2
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 28.9 -100.4
JP
Fujikura Ltd
TSE:5803
9.9T JPY 32.5 68.7
US
AMETEK Inc
NYSE:AME
53.9B USD 20.3 36.4
FR
Legrand SA
PAR:LR
39.7B EUR 9 31.9

Market Distribution

In line with most companies in China
Percentile
67th
Based on 6 967 companies
67th percentile
21.3
Low
0 — 8
Typical Range
8 — 23.3
High
23.3 —
Distribution Statistics
China
Min 0
30th Percentile 8
Median 13.6
70th Percentile 23.3
Max 17 898 541.1

Tongling Jingda Special Magnet Wire Co Ltd
Glance View

Tongling Jingda Special Magnet Wire Co Ltd., nestled in the heart of China’s industrial heartland, has carved out a distinct niche in the highly specialized world of magnet wire production. This company operates with the precision of an artisan and the scale of an industrial giant, manufacturing a broad spectrum of magnet wires primarily used in the electrical and electronics sectors. These magnet wires are essential for powering everything from household appliances to complex machinery, serving as vital components in motors, transformers, and inductors. Their expertise in developing copper and aluminum magnet wires ensures that they maintain a competitive edge in terms of both quality and innovation, underpinned by rigorous manufacturing processes and a commitment to research and development. Financially, Tongling Jingda thrives by focusing on both domestic and international markets, ensuring a steady demand stream across various economic cycles. The company's income streams are bolstered by long-standing partnerships with notable firms in the automotive, energy, and telecommunications industries, sectors that are continually expanding and evolving. By delivering customized solutions that meet stringent global standards, they not only ensure repeat business but also enhance profitability. Moreover, their strategic investments in technology and sustainable practices reinforce their market position and open up new revenue opportunities, consistently positioning Tongling Jingda as a pivotal supplier in the magnet wire domain.

Intrinsic Value
11.21 CNY
Overvaluation 14%
Intrinsic Value
Price ¥13.03
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