Xiamen Solex High-Tech Industries Co Ltd
SSE:603992

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Xiamen Solex High-Tech Industries Co Ltd Logo
Xiamen Solex High-Tech Industries Co Ltd
SSE:603992
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Price: 32.49 CNY -2.61% Market Closed
Market Cap: ¥13.9B

P/B

4.3
Current
51%
More Expensive
vs 3-y average of 2.8

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
4.3
=
Market Cap
¥16.4B
/
Total Equity
¥3.3B

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
4.3
=
Market Cap
¥16.4B
/
Total Equity
¥3.3B

Valuation Scenarios

Xiamen Solex High-Tech Industries Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.8), the stock would be worth ¥21.56 (34% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-51%
Maximum Upside
No Upside Scenarios
Average Downside
40%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.3 ¥32.49
0%
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

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 74% of companies in China
Percentile
74rd
Based on 7 605 companies
74rd percentile
4.3
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

Xiamen Solex High-Tech Industries Co Ltd
Glance View

Market Cap
13.9B CNY
Industry
Building

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.

Intrinsic Value
26.87 CNY
Overvaluation 17%
Intrinsic Value
Price ¥32.49
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