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Suzhou Mingzhi Technology Co Ltd
SSE:688355

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Suzhou Mingzhi Technology Co Ltd
SSE:688355
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Price: 23.28 CNY 1.31% Market Closed
Market Cap: ¥2.9B

P/E

45.8
Current
15%
More Expensive
vs 3-y average of 39.7

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
45.8
=
Market Cap
¥2.6B
/
Net Income
¥63.1m

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
45.8
=
Market Cap
¥2.6B
/
Net Income
¥63.1m

Valuation Scenarios

Suzhou Mingzhi Technology Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (39.7), the stock would be worth ¥20.21 (13% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-35%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 45.8 ¥23.28
0%
3-Year Average 39.7 ¥20.21
-13%
5-Year Average 37.9 ¥19.26
-17%
Industry Average 31.7 ¥16.15
-31%
Country Average 29.6 ¥15.07
-35%

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

Today's Market Cap Net Income Forward P/E
¥2.6B
/
Apr 2025
¥63.1m
=
45.8
Current
¥2.6B
/
Dec 2025
¥220.4m
=
11.6
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
64rd
Based on 5 557 companies
64rd percentile
45.8
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

Suzhou Mingzhi Technology Co Ltd
Glance View

Market Cap
2.9B CNY
Industry
Metals & Mining

Suzhou Mingzhi Technology Co., Ltd. engages in the research and development, manufacturing, and sale of core making and core casting equipment, molds, and castings. The company is headquartered in Suzhou, Jiangsu and currently employs 765 full-time employees. The company went IPO on 2021-05-12. The firm's core-making equipment includes core shooting machines, core-making units, core-making centers, core-making production lines and intelligent casting workshops. Its aluminum alloy castings mainly include parts such as condensing wall-hung boiler heat exchangers, commercial vehicle parts, as well as rail transit and high-speed rail train parts. The firm's core-making equipment is used to produce most material castings such as aluminum castings, iron castings and steel castings, including automotive engine cylinder heads and gearbox housings. The firm's castings are applied in automobile, construction machinery, rail transit, mechanical equipment, thermal energy engineering and aerospace fields. The firm distributes its products within domestic market and to overseas markets.

Intrinsic Value
11.06 CNY
Overvaluation 52%
Intrinsic Value
Price ¥23.28
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