Xiamen Solex High-Tech Industries Co Ltd
SSE:603992
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.8), the stock would be worth ¥21.56 (34% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.3 | ¥32.49 |
0%
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| 3-Year Average | 2.8 | ¥21.56 |
-34%
|
| 5-Year Average | 2.9 | ¥22.22 |
-32%
|
| Industry Average | 2.1 | ¥15.91 |
-51%
|
| Country Average | 2.4 | ¥18.64 |
-43%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Xiamen Solex High-Tech Industries Co Ltd
SSE:603992
|
14.1B CNY | 4.3 | 37 | |
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
562B USD | 235.3 | 1 881 | |
| IE |
|
Trane Technologies PLC
NYSE:TT
|
106.5B USD | 12.4 | 36.4 | |
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
86.7B USD | 6.5 | 25.4 | |
| US |
|
Carrier Global Corp
NYSE:CARR
|
51.8B USD | 3.7 | 34.7 | |
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
37.7B EUR | 1.5 | 13.1 | |
| SE |
|
Assa Abloy AB
STO:ASSA B
|
392.8B SEK | 3.9 | 26.7 | |
| JP |
|
Daikin Industries Ltd
TSE:6367
|
6.4T JPY | 2 | 23.4 | |
| CH |
|
Geberit AG
SIX:GEBN
|
17.6B CHF | 11.5 | 29.1 | |
| US |
|
Lennox International Inc
NYSE:LII
|
17.2B USD | 15.6 | 22.5 | |
| IE |
K
|
Kingspan Group PLC
ISEQ:KRX
|
14B EUR | 3.2 | 21.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.4 |
| 70th Percentile | 3.9 |
| Max | 1 172 445.9 |
Other Multiples
Xiamen Solex High-Tech Industries Co Ltd
Glance View
Nestled in the bustling city of Xiamen, Xiamen Solex High-Tech Industries Co Ltd has steadily carved a niche for itself in the competitive world of automotive and bicycle components. Founded with an innovation-centric ethos, the company focuses primarily on the design, manufacture, and distribution of advanced cooling systems and precision-machined parts for the automotive industry. These components, pivotal in regulating engine temperature and enhancing vehicle performance, are meticulously crafted using state-of-the-art technology and materials. The company's adeptness in marrying quality with cost-efficiency has enabled it to build a robust clientele, ranging from prominent car manufacturers to thriving bicycle brands, both within China and beyond. Financially, Xiamen Solex thrives by leveraging its integrated supply chain and strategic partnerships. Through optimal sourcing and efficient production processes, it manages to maintain competitive pricing without compromising on quality—a critical factor in its growth trajectory. By continually reinvesting in research and development, Solex not only hones its product range but also anticipates the evolving demands of the transportation industry. This forward-thinking approach ensures that the company remains agile in a rapidly changing market, strengthening its market position and setting the stage for sustainable growth. The emphasis on innovation, coupled with strategic alignment with industry trends, underscores the company’s ability to generate value and propel its financial success.