Changhong Meiling Co Ltd
SZSE:000521

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Changhong Meiling Co Ltd Logo
Changhong Meiling Co Ltd
SZSE:000521
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Price: 5.63 CNY Market Closed
Market Cap: ¥5.8B

P/B

1
Current
24%
Cheaper
vs 3-y average of 1.2

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
1
=
Market Cap
¥5.9B
/
Total Equity
¥6.1B

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
1
=
Market Cap
¥5.9B
/
Total Equity
¥6.1B

Valuation Scenarios

Changhong Meiling Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth ¥7.36 (31% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+166%
Average Upside
93%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 ¥5.63
0%
3-Year Average 1.2 ¥7.36
+31%
5-Year Average 1.1 ¥6.58
+17%
Industry Average 2.5 ¥14.99
+166%
Country Average 2.4 ¥14.46
+157%

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

Lower than 83% of companies in China
Percentile
17th
Based on 7 605 companies
17th percentile
1
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

Changhong Meiling Co Ltd
Glance View

Market Cap
5.8B CNY
Industry
Consumer products

In the bustling landscape of Chinese manufacturing, Changhong Meiling Co Ltd stands as a dynamic entity, intricately weaving technology and innovation within the realms of home appliances and consumer electronics. Born from the union of Changhong and Meiling, two venerable icons in China’s industrial tapestry, the company has navigated the competitive market by blending traditional craftsmanship with modern technological advancements. Its portfolio is extensive, ranging from refrigerators to washing machines and televisions, all finely tuned to meet the evolving needs of the consumer. By leveraging an integrated production model, Changhong Meiling effectively controls its supply chain, ensuring quality and efficiency from inception to delivery, significantly bolstering its profit margins. The company's business model is a testament to its strategic foresight, as it capitalizes on both domestic demand and international markets. Primarily, Changhong Meiling makes money through the direct sale of its diversified product line, but it also reaps gains from after-sales services, enhancing customer loyalty and brand strength. Furthermore, its investments in research and development underscore a commitment to smart technology, which propels its products into the future of interconnected homes. This embrace of smart appliances has not only positioned the company as a leader in innovation but also opened revenue streams through potential long-term partnerships and collaborations with tech-focused entities. Through these multifaceted strategies, Changhong Meiling continually reinforces its status as a formidable player in the global home appliance market.

Intrinsic Value
20.96 CNY
Undervaluation 73%
Intrinsic Value
Price ¥5.63
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