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Suzhou Hengmingda Electronic Technology Co Ltd
SZSE:002947

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Suzhou Hengmingda Electronic Technology Co Ltd
SZSE:002947
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Price: 81.27 CNY 4.06% Market Closed
Market Cap: ¥20.8B

P/FCFE

21.3
Current
35%
Cheaper
vs 3-y average of 32.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
21.3
=
Market Cap
¥17.8B
/
Free Cash Flow to Equity
¥976.9m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
21.3
=
Market Cap
¥17.8B
/
Free Cash Flow to Equity
¥976.9m

Valuation Scenarios

Suzhou Hengmingda Electronic Technology Co Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (32.6), the stock would be worth ¥124.4 (53% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-28%
Maximum Upside
+153%
Average Upside
51%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 21.3 ¥81.27
0%
3-Year Average 32.6 ¥124.4
+53%
5-Year Average 15.5 ¥58.91
-28%
Industry Average 53.9 ¥205.62
+153%
Country Average 26.4 ¥100.64
+24%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CN
Suzhou Hengmingda Electronic Technology Co Ltd
SZSE:002947
20.8B CNY 21.3 39.1
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.2T CNY 36 30.7
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.1T TWD 9.1 16.2
CH
TE Connectivity Ltd
NYSE:TEL
60.6B USD 18.1 20.9
CA
Celestica Inc
TSX:CLS
64.1B CAD 123.7 57
US
Jabil Inc
NYSE:JBL
36.2B USD 18.2 44.8
SG
Flex Ltd
NASDAQ:FLEX
34.6B USD 18.5 40.7
KY
Fabrinet
NYSE:FN
25.3B USD 246.9 66.5
US
TTM Technologies Inc
NASDAQ:TTMI
16.4B USD -376.7 92.2
TW
FIH Mobile Ltd
F:FW3
11.5B EUR -19.3 252.8
US
Sollensys Corp
OTC:SOLS
12.8B USD 6 53.3

Market Distribution

In line with most companies in China
Percentile
44rd
Based on 5 086 companies
44rd percentile
21.3
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Suzhou Hengmingda Electronic Technology Co Ltd
Glance View

Market Cap
20.8B CNY
Industry
Electrical Equipment

Suzhou Hengmingda Electronic Technology Co., Ltd. finds its roots nestled in the bustling city of Suzhou, a vibrant hub renowned for its rich cultural history and dynamic business environment. This company, which has carved out a niche in the electronics industry, is quietly making waves with its specialization in the design and manufacturing of precision components. Central to Hengmingda's operations is its focus on providing high-quality interface connectors and cable assemblies, essential components in numerous electronic devices. These products serve a vast array of sectors, ranging from consumer electronics to industrial automation, ensuring Hengmingda's solutions are interwoven into the fabric of modern technological advancements. By adhering to rigorous standards and placing a premium on innovation, the company not only maintains robust connections—quite literally—but also ensures its place as a trusted partner in the supply chains of leading global manufacturers. What truly distinguishes Hengmingda is its business model, meticulously crafted to capitalize on both scale and specialization. Rather than merely churning out generic components, the company invests heavily in research and development, continuously enhancing its capabilities to meet the evolving demands of its clientele. By maintaining a close dialogue with customers, Hengmingda tailors its products to fit specific needs, often developing bespoke solutions that marry efficiency with technological prowess. This strategic emphasis on customization and quality not only fosters deep-rooted client relationships but also secures a steady revenue stream, with repeat business from satisfied customers forming a substantial portion of its income. As the world increasingly leans towards sophisticated electronic solutions, Hengmingda is positioned well at the crossroads of demand and innovation, quietly powering the devices that drive our digital age.

Intrinsic Value
40.27 CNY
Overvaluation 50%
Intrinsic Value
Price ¥81.27
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