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Yingkou Jinchen Machinery Co Ltd
SSE:603396

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Yingkou Jinchen Machinery Co Ltd
SSE:603396
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Price: 34.64 CNY -0.03% Market Closed
Market Cap: ¥4.8B

P/B

1.9
Current
13%
Cheaper
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
¥5.7B
/
Total Equity
¥2.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
¥5.7B
/
Total Equity
¥2.6B

Valuation Scenarios

Yingkou Jinchen Machinery Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth ¥39.89 (15% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+142%
Average Upside
74%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 ¥34.64
0%
3-Year Average 2.1 ¥39.89
+15%
5-Year Average 3.8 ¥71.65
+107%
Industry Average 4.5 ¥83.74
+142%
Country Average 2.4 ¥45.77
+32%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Yingkou Jinchen Machinery Co Ltd
SSE:603396
4.8B CNY 1.9 104.4
NL
ASML Holding NV
AEX:ASML
459.6B EUR 19 45
US
Lam Research Corp
NASDAQ:LRCX
314.2B USD 28.9 45.5
US
Applied Materials Inc
NASDAQ:AMAT
302.5B USD 13.9 38.4
US
KLA Corp
NASDAQ:KLAC
237.2B USD 43.2 51.8
US
Brooks Automation Inc
LSE:0HQ1
210.4B USD 122.7 -3 636.7
JP
Advantest Corp
TSE:6857
21.6T JPY 32 74.9
JP
Tokyo Electron Ltd
TSE:8035
20.7T JPY 10.3 41.1
US
Teradyne Inc
NASDAQ:TER
59.3B USD 17.3 87.5
CN
NAURA Technology Group Co Ltd
SZSE:002371
374.8B CNY 9.8 67.1
JP
Disco Corp
TSE:6146
8.3T JPY 14.1 61.2

Market Distribution

In line with most companies in China
Percentile
38th
Based on 7 605 companies
38th percentile
1.9
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Yingkou Jinchen Machinery Co Ltd
Glance View

Market Cap
4.8B CNY
Industry
Semiconductors

Yingkou Jinchen Machinery Co., Ltd. engages in the research, development, design, production, and sale of production line equipment for solar photovoltaic modules. The company is headquartered in Suzhou, Jiangsu and currently employs 1,394 full-time employees. The company went IPO on 2017-10-18. The firm's main products include profile angle machines, solar cell module frame and angle devices, solar cell module loading and unloading manipulators, solar cell module inverting devices, solar cell sheet welding devices, packing bag conveying mechanisms, as well as solar cell module automatic production line transmission feeders and transmission feeder assemblies. The firm's products are used in photovoltaic, food packaging, furniture, building material and port industries. The firm distributes its products in domestic market and to overseas market.

Intrinsic Value
41.8 CNY
Undervaluation 17%
Intrinsic Value
Price ¥34.64
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