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Zhejiang Jiecang Linear Motion Technology Co Ltd
SSE:603583

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Zhejiang Jiecang Linear Motion Technology Co Ltd Logo
Zhejiang Jiecang Linear Motion Technology Co Ltd
SSE:603583
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Price: 29.32 CNY -1.68% Market Closed
Market Cap: ¥11.3B

P/E

30.7
Current
8%
Cheaper
vs 3-y average of 33.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
30.7
=
Market Cap
¥14.5B
/
Net Income
¥368.9m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
30.7
=
Market Cap
¥14.5B
/
Net Income
¥368.9m

Valuation Scenarios

Zhejiang Jiecang Linear Motion Technology Co Ltd is trading below its 3-year average

If P/E returns to its 3-Year Average (33.5), the stock would be worth ¥32.04 (9% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+83%
Average Upside
25%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 30.7 ¥29.32
0%
3-Year Average 33.5 ¥32.04
+9%
5-Year Average 33.6 ¥32.12
+10%
Industry Average 56 ¥53.54
+83%
Country Average 29.6 ¥28.33
-3%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥14.5B
/
Oct 2025
¥368.9m
=
30.7
Current
¥14.5B
/
Dec 2025
¥373.7m
=
38.7
Forward
¥14.5B
/
Dec 2026
¥541.6m
=
26.7
Forward
¥14.5B
/
Dec 2027
¥644.8m
=
22.4
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in China
Percentile
51st
Based on 5 557 companies
51st percentile
30.7
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Zhejiang Jiecang Linear Motion Technology Co Ltd
Glance View

Market Cap
11.3B CNY
Industry
Electrical Equipment

Zhejiang Jiecang Linear Motion Technology Co Ltd., founded in 2000, has quietly risen to prominence as a leading innovator in the linear motion technology sector. Situated in China's Zhejiang province, the company specializes in the development, production, and commercialization of linear actuators and lifting columns. These components are integral to the smooth and precise movement required in various industries, including furniture, medical, and industrial automation. Jiecang's products are engineered to enhance flexibility and functionality, whether making height-adjustable desks ergonomic or enabling hospital beds to smoothly raise and lower patients. The company's growth trajectory is deeply intertwined with the global push towards automation and smart solutions. By offering tailored linear motion products that meet specific customer needs, Jiecang ensures its place in the supply chain of numerous industries worldwide. Their business model is centered around selling these high-tech actuators and columns, thereby capitalizing on the increasing demand for motion-enhancing technology. Coupled with a strong emphasis on R&D and collaboration with international brands, Jiecang harnesses the power of innovation to sustain profitable growth, while continuing to expand its footprint beyond the domestic market.

Intrinsic Value
33.15 CNY
Undervaluation 12%
Intrinsic Value
Price ¥29.32
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