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Zhe Jiang Dali Technology Co Ltd
SZSE:002214

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Zhe Jiang Dali Technology Co Ltd
SZSE:002214
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Price: 19.02 CNY 0.16%
Market Cap: ¥11.4B

P/B

8.7
Current
109%
More Expensive
vs 3-y average of 4.1

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
8.7
=
Market Cap
¥11.4B
/
Total Equity
¥1.3B

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
8.7
=
Market Cap
¥11.4B
/
Total Equity
¥1.3B

Valuation Scenarios

Zhe Jiang Dali Technology Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (4.1), the stock would be worth ¥9.08 (52% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-72%
Maximum Upside
No Upside Scenarios
Average Downside
59%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 8.7 ¥19.02
0%
3-Year Average 4.1 ¥9.08
-52%
5-Year Average 3.9 ¥8.57
-55%
Industry Average 3.7 ¥8.06
-58%
Country Average 2.4 ¥5.37
-72%

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 91% of companies in China
Percentile
91th
Based on 7 605 companies
91th percentile
8.7
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

Zhe Jiang Dali Technology Co Ltd
Glance View

Market Cap
11.4B CNY
Industry
Electrical Equipment

Zhe Jiang Dali Technology Co Ltd emerges as a vibrant example of innovation within the thermal imaging industry, translating complex technological advancements into everyday applications. Founded in the bustling economic region of Zhejiang, China, Dali Technology crafts an array of advanced thermal imaging systems and infrared cameras that are widely used in sectors such as industrial, healthcare, and security. The company's narrative began in 1984 and has since been marked by a steadfast journey of pushing the boundaries of what's possible in thermal detection and imaging. Its vertically integrated operations, encompassing R&D, production, and sales, underscore its commitment to excellence and efficiency. Dali leverages state-of-the-art technology to develop products that aid in quality inspections, predictive maintenance, and enhance public safety, offering crucial capabilities to a wide range of professionals. As the company maneuvers through the dynamic market landscape, its financial lifeblood streams from a diverse clientele that spans governments, large enterprises, and utility service providers. This clientele relies on Dali Technology’s sophisticated instruments to ensure safety and operational efficiency in their respective arenas. The firm capitalizes on its robust R&D capabilities, continuously adapting its offerings to adhere to the shifting demands and technological trends. Sales from its thermal imaging products, which are often priced at a premium due to their critical role and specialized nature, contribute significantly to its revenue streams. Meanwhile, Dali Technology's strategic investments in international markets and partnerships position it as a competitive player on the global stage, further reinforcing its revenue base and ensuring a sustainable growth trajectory.

Intrinsic Value
1.84 CNY
Overvaluation 90%
Intrinsic Value
Price ¥19.02
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