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Chengdu Haoneng Technology Co Ltd
SSE:603809

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Chengdu Haoneng Technology Co Ltd
SSE:603809
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Price: 10.78 CNY 1.99%
Market Cap: ¥9.9B

P/B

2.7
Current
28%
Cheaper
vs 3-y average of 3.8

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
2.7
=
Market Cap
¥11.9B
/
Total Equity
¥3.7B

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
2.7
=
Market Cap
¥11.9B
/
Total Equity
¥3.7B

Valuation Scenarios

Chengdu Haoneng Technology Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3.8), the stock would be worth ¥14.93 (39% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-10%
Maximum Upside
+47%
Average Upside
23%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 ¥10.78
0%
3-Year Average 3.8 ¥14.93
+39%
5-Year Average 4 ¥15.83
+47%
Industry Average 3.2 ¥12.72
+18%
Country Average 2.4 ¥9.72
-10%

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 Distribution

In line with most companies in China
Percentile
55th
Based on 7 605 companies
55th percentile
2.7
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

Chengdu Haoneng Technology Co Ltd
Glance View

Market Cap
9.9B CNY
Industry
Auto Components

Chengdu Haoneng Technology Co., Ltd. engages in the manufacture and sale of automotive parts. The company is headquartered in Chengdu, Sichuan and currently employs 2,289 full-time employees. The company went IPO on 2017-11-28. The firm's main products include brass toothed rings, steel toothed rings, hubs, toothed sleeves and joining teeth. The firm distributes its products mainly in domestic market.

Intrinsic Value
14.57 CNY
Undervaluation 26%
Intrinsic Value
Price ¥10.78
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