Chengdu Hi-tech Development Co Ltd
SZSE:000628

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Chengdu Hi-tech Development Co Ltd
SZSE:000628
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Price: 66.18 CNY 10.01% Market Closed
Market Cap: ¥23.3B

P/E

644.2
Current
817%
More Expensive
vs 3-y average of 70.3

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
644.2
=
Market Cap
¥18.6B
/
Net Income
¥36.2m

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
644.2
=
Market Cap
¥18.6B
/
Net Income
¥36.2m

Valuation Scenarios

Chengdu Hi-tech Development Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (70.3), the stock would be worth ¥7.22 (89% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-96%
Maximum Upside
No Upside Scenarios
Average Downside
94%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 644.2 ¥66.18
0%
3-Year Average 70.3 ¥7.22
-89%
5-Year Average 34.9 ¥3.59
-95%
Industry Average 23.1 ¥2.37
-96%
Country Average 29.6 ¥3.04
-95%

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

Not enough data available to calculate forward P/E

Market Distribution

Higher than 96% of companies in China
Percentile
96th
Based on 5 557 companies
96th percentile
644.2
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

Chengdu Hi-tech Development Co Ltd
Glance View

Market Cap
23.3B CNY
Industry
Real Estate

Chengdu Hi-tech Development Co Ltd. has long been a silent yet dynamic player in China's industrial and technological renaissance. Nestled in the western city of Chengdu, an area known for its burgeoning tech ecosystem, the company emerges as a vital cog in the country's innovation machinery. Established with the vision of harnessing the power of technological advancement and industrial synergy, Chengdu Hi-tech is not merely a participant in the high-tech sector but a facilitator of progress through its real estate and infrastructure development projects. Primarily, the company generates revenue by developing and managing industrial parks and technology hubs designed to attract and nurture high-tech enterprises. These facilities serve as the backbone for businesses ranging from IT services to advanced manufacturing, supporting technological research, business incubation, and large-scale production activities. Chengdu Hi-tech Development Co Ltd.'s business model is deeply intertwined with urban development and regional economic strategies. By investing in infrastructure, the company creates environments that are not only attractive to domestic and international technology firms but also conducive to innovation and entrepreneurial growth. Through strategic partnerships with government entities and private companies, Chengdu Hi-tech makes astute land use and zoning decisions, maximizing land value while fostering a vibrant community of tech-based businesses. This approach ensures a steady income stream through leasing arrangements, service fees, and property management, positioning the company as a key player in the urbanization and digital economy narratives of southwestern China. As such, Chengdu Hi-tech Development Co Ltd. has effectively carved a niche where technology, real estate, and economic development coalesce, contributing to the broader tapestry of China's ascent as a global tech powerhouse.

Intrinsic Value
35.24 CNY
Overvaluation 47%
Intrinsic Value
Price ¥66.18
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