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Wetown Electric Group Co Ltd
SSE:688226

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Wetown Electric Group Co Ltd Logo
Wetown Electric Group Co Ltd
SSE:688226
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Price: 55.72 CNY 3.86% Market Closed
Market Cap: ¥10.5B

P/S

3.1
Current
105%
More Expensive
vs 3-y average of 1.5

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

P/S
3.1
=
Market Cap
¥7.3B
/
Revenue
¥3.4B

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

P/S
3.1
=
Market Cap
¥7.3B
/
Revenue
¥3.4B

Valuation Scenarios

Wetown Electric Group Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (1.5), the stock would be worth ¥27.15 (51% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-51%
Maximum Upside
+26%
Average Downside
22%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.1 ¥55.72
0%
3-Year Average 1.5 ¥27.15
-51%
5-Year Average 1.5 ¥27.17
-51%
Industry Average 3.9 ¥70.22
+26%
Country Average 2.8 ¥49.39
-11%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥7.3B
/
Jul 2025
¥3.4B
=
3.1
Current
¥7.3B
/
Dec 2025
¥6.1B
=
1.2
Forward
¥7.3B
/
Dec 2026
¥7.7B
=
1
Forward
¥7.3B
/
Dec 2027
¥7B
=
1
Forward

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

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
Wetown Electric Group Co Ltd
SSE:688226
10.5B CNY 3.1 321.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 4.3 25.8
CH
Abb Ltd
SIX:ABBN
142.4B CHF 5.3 36.6
FR
Schneider Electric SE
PAR:SU
151B EUR 3.8 36.3
IE
Eaton Corporation PLC
NYSE:ETN
165.1B USD 6 40.4
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 11.6 80.9
US
Emerson Electric Co
NYSE:EMR
77.2B USD 4.2 33.4
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 4.6 -100.4
JP
Fujikura Ltd
TSE:5803
9.6T JPY 8.6 66.8
US
AMETEK Inc
NYSE:AME
52.8B USD 6.9 34.6
FR
Legrand SA
PAR:LR
39.7B EUR 4.2 31.9

Market Distribution

In line with most companies in China
Percentile
54rd
Based on 7 736 companies
54rd percentile
3.1
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

Wetown Electric Group Co Ltd
Glance View

Market Cap
10.5B CNY
Industry
Electrical Equipment

Wetown Electric Group Co., Ltd. engages in the research and development, manufacturing, and sales of bus products. The company is headquartered in Zhenjiang, Jiangsu and currently employs 936 full-time employees. The company went IPO on 2021-07-07. The firm is a branch of NAZITONGHUA GROUP, which is engaged in research & development, manufacture and sale of busway. As the strategic partner of GE and 3M USA, the Company possesses a series of products including lighting busway, compact busway, air insulated busway, resin-casting busway, fireproof busway, wind power busway, high voltage IPB and NPB. The Companys products have obtained 30 national patents and passed the type tests of international authority organizations including UL, CE, KEMA, among others.

Intrinsic Value
26.18 CNY
Overvaluation 53%
Intrinsic Value
Price ¥55.72
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