EN DE
Watch Veken Elite for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Veken Elite (600152) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Veken Elite stock ¥3.82, price ¥6.59, that is 42.0% below the price, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Technology CN · ISIN CNE000000WK9

VE Veken Elite logo Thin data Nov 7, 2026

Veken Elite

600152 · SHG
Very expensive, weak quality

Our calculation puts a fair price 42% below what the stock costs today.

Low debt
Last quarter vs. a year ago: revenue +30%, profit +163%.
Quality 44/100
Mixed Growth (revenue 5y −4.1 %/yr in CNY)
Fair value ¥3.82 · Strongly overvalued (−42.0%)
Loss-making · -5.9% net margin (TTM)
Negative free cash flow
Trails peers (3/12)
Narrow moat 12/100
Thin data
Watch Veken Elite for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

¥19.24 ¥3.97 Fair Value ¥3.82 May 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.

How to read this chart

60‑month range ¥3.97 – ¥19.24 · fair‑value band ¥3.01 – ¥4.63 · the ¥6.59 price screens above the ¥3.82 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.

Follow Veken Elite in your weekly email

Every Wednesday you see whether Veken Elite is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Veken Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, sale, and services of lithium and sodium batteries in China and internationally.

Show moreShow less

The company offers cell phone, tablet/laptop, and high-rate batteries, as well as power bank products; electric bike, electric motorcycle, tricycle, shared swap, power tool drive, vacuum cleaner drive, motorized curtain drive, general robot, and other batteries; and motorcycle starting, commercial vehicle starting, new energy vehicle auxiliary, and emergency starting power products, as well as cylindrical cells.

It also provides prismatic aluminum cells, modules, energy storage power station, commercial and industrial energy storage, frequency modulation energy storage, household energy storage, and portable energy storage products; and cold storage forklift power, snowmobile power, scissor lift power, handling and stacking truck, and firefighting robot batteries.

The company was formerly known as Ningbo Veken Elite Group Co., Ltd. and changed its name to Veken Technology Co., Ltd. in May 2018. Veken Technology Co., Ltd. was founded in 1993 and is based in Ningbo, China.

Stock analysis

Veken Elite (600152) currently trades at ¥6.59, while our model-based Fair Value estimate is ¥3.82, 42% below the price, so the stock looks overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 2 models at a data quality of 93/100, which puts the data coverage at low.

Scenario range: ¥3.01 (bear) to ¥4.63 (bull), the price of ¥6.59 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 44/100 (below-average quality), in the Technology sector.

Mixed Growth: Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.

Veken Elite reported revenue of 1.4B CNY in FY2025 versus 2.1B CNY in FY2021, a compound −9.1%/yr. Reported net income was −96.7M CNY in FY2025.

Key figures

Market cap 3.5B CNY (≈ $523M) Small · P/S ratio 2.16 · EPS (TTM) ¥−0.1800 · Dividend yield 0.1% · Net margin −5.9% · Return on equity −6.4% · Return on assets (EBIT) −2.5% (5-year average) · Operating margin −4.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (medium confidence).

What moves the price

The share trades about 58% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −42%, 600152 screens richer than that median.

Fair Value models

Bear ¥3.01 Fair Value ¥3.82 Bull ¥4.63
Price ¥6.59 · Downside -42.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EV/EBITDA ¥3.01 ¥3.82 ¥4.63 67
NCAV (Graham) ¥0.2400 ¥0.3600 ¥0.4600 54
All 2 models by family
Multiples
EV/EBITDA ¥3.01 ¥3.82 ¥4.63 67
Asset-Based
NCAV (Graham) ¥0.2400 ¥0.3600 ¥0.4600 54

Open the full fair value analysis →

Quality Score breakdown

Overall quality 44/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 10
How much profit the company makes from its sales and capital
Quality Growth 34
Are margins and returns getting better?
Cashflow 3
Do the profits arrive as real cash?
Financial strength 73
Debt, balance sheet and risk of trouble
Investment 88
Does it invest with discipline instead of growing at any price?
Low Volatility 42
How calm the share price moves, does not count
Price momentum 32
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 18
Distance to the 52-week high, does not count
New shares 90
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 55/100
Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.
Revenue growth 1 year
−7.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−15.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.1%
Start year 2020 (pandemic). Over 10 years: +6.5% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.3%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
2.7% (2020) → −1.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

600152 screens overvalued: fair value 42% below the price. Compare with Amphenol Corporation →

Compare Veken Elite with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 651 stocks

Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 44 · Below median
Fair Value upside −42.0% · Below median
Profitability
Return on assets −3.4% · Bottom 25%
Net margin (12 months) −5.9% · Bottom 25%
Operating margin (12 months) −4.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 29.9% · Above median
Dividend yield (12 months) 0.1% · Bottom 25%
Balance sheet
Debt / equity 0.04× · Below median

Valuation Multiplesvs Electronic Components median · lower = cheaper

P/B 2.09× · Cheaper than median
P/S (12 months) 2.16× · Pricier than median
EV/EBITDA 35.8× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)100 · sector 70
PAST (return on equity)0 · sector 28
HEALTH (low debt)98 · sector 95
DIVIDEND (yield)1 · sector 27

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Hon Hai Precision Industry Co 2317 224.50 TWD 292.29 TWD +30% vs 600152
Asia Vital Components Co 3017 2,310 TWD 2,541 TWD +10% vs 600152
TE Connectivity plc TEL $207.01 $224.30 +8% vs 600152
Shengyi Technology Co 600183 ¥70.49 ¥66.42 −6% vs 600152
Amphenol Corporation APH $74.59 $69.74 −7% vs 600152
Delta Electronics, Inc 2308 1,055 TWD 519.57 TWD −51% vs 600152
Luxshare Precision Industry Co 002475 ¥50.05 ¥18.44 −63% vs 600152
Corning Incorporated GLW $106.13 $33.72 −68% vs 600152
Elite Material Co 2383 3,820 TWD 782.39 TWD −80% vs 600152
Samsung Electro-Mechanics Co 009150 870,000 KRW 171,572 KRW −80% vs 600152

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Evidence & backtest34 years, failed companies included Financial calculatorsDCF, Graham, PEG and more
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Veken Elite: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Veken Elite Fair Value". https://www.fairvalue-calculator.com/stock/600152

Frequently asked questions

Is Veken Elite (600152) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥3.82 versus a price of ¥6.59, about 42% lower (overvalued).
What is the fair value of 600152?
Our model-based fair value for Veken Elite is ¥3.82 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥6.59.
What is the quality score of 600152?
Veken Elite has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Veken Elite (600152)?
Our model-based price target is the fair value of ¥3.82 (as of Nov 7, 2026) from 2 valuation models. Cautious scenario ¥3.01, optimistic scenario ¥4.63. It is a calculation from audited fundamentals, not an analyst target.
What is the Veken Elite stock forecast for 2026?
Our models put fair value at ¥3.82, about 42% lower versus a price of ¥6.59 (overvalued). Cautious scenario ¥3.01, optimistic scenario ¥4.63. The calculation is refreshed regularly with new filings.
What is the revenue of Veken Elite (600152)?
Veken Elite reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Nov 7, 2026).
Does Veken Elite pay a dividend?
Veken Elite currently shows a dividend yield of 0.07% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Veken Elite (600152)?
Veken Elite has a dividend yield of 0.1%.
What is the intrinsic value of Veken Elite (600152)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Veken Elite it is ¥3.82 per share (as of Nov 7, 2026), against a price of ¥6.59. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is Veken Elite stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 600152 trades above its calculated fair value: price ¥6.59, fair value ¥3.82, a gap of about −42% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600152?
No. The price is what the market pays today (¥6.59); the fair value is what the company's own numbers justify (¥3.82). For Veken Elite the two are ¥2.77 per share apart. That gap is exactly why we show both numbers side by side.
How much is Veken Elite worth?
The market values Veken Elite at about 3.5B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥6.59; our models calculate a fair value of ¥3.82 per share.
What do the bullish and bearish scenarios say about 600152?
Our models span a range for Veken Elite: cautious scenario ¥3.01, base ¥3.82, optimistic ¥4.63 per share (as of Nov 7, 2026, price ¥6.59). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Veken Elite (600152)?
Balance-sheet figures for Veken Elite (as of Nov 7, 2026): return on equity −6.4%, debt of 0.04 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 600152 from its 52-week high?
Veken Elite trades at ¥6.59, about 58% below its 52-week high of ¥15.69 and 5% above the low of ¥6.26 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥3.82 is for.
Which stocks are comparable to Veken Elite?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Veken Elite stock attractive at the current price?
The data as of Nov 7, 2026: price ¥6.59, calculated fair value ¥3.82 (−42%), Quality Score 44/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600152 calculated?
We run Veken Elite through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of ¥3.82 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Veken Elite itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Veken Elite (600152)?
The closing price on Nov 6, 2026 was ¥6.59. Our model-based fair value is ¥3.82, about 42% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Veken Elite right now?
The price sits above even our optimistic bull case (¥4.63). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of Veken Elite

How large is the market capitalisation of Veken Elite (600152)?
The market capitalisation of Veken Elite is 3.5B CNY (≈ $523M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Veken Elite (600152)?
The price-to-sales ratio of Veken Elite is 2.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Veken Elite (600152)?
Earnings per share at Veken Elite are ¥−0.1800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Veken Elite (600152)?
The dividend yield of Veken Elite is 0.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Veken Elite (600152)?
The net margin of Veken Elite is −5.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Veken Elite (600152)?
The return on equity (ROE) of Veken Elite is −6.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Veken Elite (600152)?
On an EBIT basis the return on assets of Veken Elite is −2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Veken Elite (600152)?
The operating margin of Veken Elite is −4.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Veken Elite (600152)?
Revenue at Veken Elite is growing +29.9% versus a year earlier (3y avg −15.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Veken Elite (600152)?
Earnings per share at Veken Elite are growing +163% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Veken Elite (600152) generate?
The free cash flow of Veken Elite is −154M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Veken Elite (600152) hold?
Veken Elite holds more cash than debt, 312M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Veken Elite in the live analysis

One click puts Veken Elite on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.