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Shanghai Mechanical & Electrical Industry Co Ltd A (600835) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Shanghai Mechanical & Electrical Industry Co Ltd A stock ¥26.23, price ¥17.56, upside +49.4%, quality 60 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Industrials CN · ISIN CNE000000B91

SM Shanghai Mechanical & Electrical Industry Co Ltd A logo Some data Nov 7, 2026

Shanghai Mechanical & Electrical Industry Co Ltd A

600835 · SHG
Undervalued, but in a downtrend

The stock costs 33% less than our calculation considers fair.

Fair value ¥26.23 · Undervalued (33%)
Quality 60/100
Low debt
Generates free cash flow
0.9% dividend yield · Well covered
Even on cautious assumptions the value is 25% above the price (¥21.96).
Mixed Growth (revenue 5y −3.8 %/yr in CNY)
Thin margins · 3.6% net margin (TTM)
Mixed vs. peers (8/15)
Some data
Narrow moat 33/100 · thin data
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What runs behind every stock

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

Price vs Fair Value

¥33.00 ¥10.25 Fair Value ¥26.23 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 ¥10.25 – ¥33.00 · fair‑value band ¥21.96 – ¥29.65 · the ¥17.56 price screens below the ¥26.23 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.

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Company profile

Shanghai Mechanical & Electrical Industry Co.,Ltd., together with its subsidiaries, designs and manufactures mechatronic products and equipment in China and internationally.

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It operates in four segments: Elevator Business, Printing and Packaging Machinery Business, Hydraulic Machinery Business, and Energy Engineering Business.

The company offers elevators and escalators; printing and packaging machinery and equipment and spare parts, and printing and packaging machinery raw and auxiliary materials and instruments; and hydraulic pumps, hydraulic valves, hydraulic equipment sets, and pressure reducers.

It also provides welding wires and electrodes, surfacing and cast iron welding electrodes, brazing materials, thermal spraying powders, and fluxes and alloy materials; construction machinery, pile drivers, mechanical construction drilling rigs, hydrological well drilling rigs, geological exploration equipment, and mining machinery; electric actuators for automotive seat adjusters and window regulators, cooling fan assemblies, and blowers; and air conditioners and fuel-fired heaters.

In addition, the company is involved in technology research, development, and system integration for building energy conservation; sale of self-produced products; provision of related after-sales services; repair and maintenance; construction and installation; and project investment.

It exports its products. The company was formerly known as Shanghai Shangling Electric Co., Ltd. and changed its name to Shanghai Mechanical & Electrical Industry Co.,Ltd. in January 2003. Shanghai Mechanical & Electrical Industry Co.,Ltd. was founded in 1993 and is based in Shanghai, China.

Stock analysis

Shanghai Mechanical & Electrical Industry Co Ltd A (600835) currently trades at ¥17.56, while our model-based Fair Value estimate is ¥26.23, implying the stock looks roughly 33% undervalued today.

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Valuation

Bull case: the Growth DCF group reads highest at a median of ¥18.73 per share, and 8 of the 26 models we run sit above the ¥17.56 price.

Bear case: the Dividend Discount group reads lowest at ¥4.84, and 18 of the 26 models stay below the price. Data coverage for this calculation is medium.

Scenario range: ¥21.96 (bear) to ¥29.65 (bull), the price of ¥17.56 sits below 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 60/100 (solid quality), in the Industrials sector.

Mixed Growth: Spin-off in 1999: revenue and profit before it include the divested business. Growth is measured afresh from 1999.

Shanghai Mechanical & Electrical Industry Co Ltd A reported revenue of 19.2B CNY in FY2025 versus 24.7B CNY in FY2021, a compound −6.1%/yr. Reported net income was 792M CNY in FY2025, compounding −0.6%/yr from FY2021.

Key figures

Market cap 18.0B CNY (≈ $2.7B) Mid · P/E ratio 26.8 · P/S ratio 1.40 · EPS (TTM) ¥0.6800 · Dividend yield 0.9% · Net margin 3.6% · Return on equity 6.6% · Return on assets (EBIT) 3.5% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (low confidence).

What moves the price

The share trades about 47% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 49%, 600835 screens cheaper than that median.

Fair Value models

Bear ¥21.96 Fair Value ¥26.23 Bull ¥29.65
Price ¥17.56 · Upside +49.4%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.4445 per share) are deliberately not added. 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
FCF DCF ¥17.17 ¥22.45 ¥30.81 79
Growth DCF ¥17.24 ¥22.36 ¥30.44 77
Owner Earnings ¥15.24 ¥19.29 ¥25.70 76
All 26 models by family
DCF Models
FCF DCF ¥17.17 ¥22.45 ¥30.81 79
Owner Earnings ¥15.24 ¥19.29 ¥25.70 76
5Y Revenue Exit ¥13.20 ¥15.00 ¥17.20 72
5Y EBITDA Exit ¥14.35 ¥17.22 ¥20.57 75
5Y P/E Exit ¥18.97 ¥26.18 ¥34.02 70
10Y Revenue Exit ¥14.46 ¥16.51 ¥19.16 66
10Y EBITDA Exit ¥15.28 ¥18.07 ¥21.81 68
10Y P/E Exit ¥18.25 ¥24.39 ¥32.37 63
Earnings-Based
Graham-Dodd ¥5.27 ¥19.35 ¥26.13 61
Lynch FV ¥4.62 ¥6.60 ¥8.58 58
PEG = 1.0 ¥4.62 ¥6.60 ¥8.58 55
EPV ¥10.59 ¥10.87 ¥11.11 71
Dividend Discount
Gordon GGM ¥2.54 ¥5.23 ¥8.21 64
DDM Multi-Stage ¥2.54 ¥4.44 ¥5.50 64
Multiples
P/E Multiple ¥12.20 ¥16.27 ¥20.34 61
P/S Multiple ¥9.88 ¥13.17 ¥16.47 55
P/B Multiple ¥14.79 ¥19.72 ¥24.64 53
EV/EBIT ¥11.93 ¥13.02 ¥14.11 64
EV/EBITDA ¥13.10 ¥14.57 ¥16.05 65
EV/Revenue ¥11.00 ¥12.00 ¥12.99 52
Asset-Based
NCAV (Graham) ¥6.11 ¥9.26 ¥11.58 53
Growth DCF
Growth DCF ¥17.24 ¥22.36 ¥30.44 77
Rev-Margin DCF ¥13.20 ¥15.09 ¥17.40 72
Economic Profit
Residual Income ¥10.71 ¥10.97 ¥11.77 75
ROIC Compounder ¥10.59 ¥10.87 ¥11.11 70
Growth Earnings
Growth-Adj P/E ¥8.66 ¥12.37 ¥16.08 66

The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 60/100

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

Profitability 28
How much profit the company makes from its sales and capital
Quality Growth 32
Are margins and returns getting better?
Cashflow 56
Do the profits arrive as real cash?
Financial strength 82
Debt, balance sheet and risk of trouble
Investment 95
Does it invest with discipline instead of growing at any price?
Low Volatility 70
How calm the share price moves, does not count
Price momentum 14
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 5
Distance to the 52-week high, does not count
New shares 80
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 1999: revenue and profit before it include the divested business. Growth is measured afresh from 1999.
Revenue growth 1 year
−7.0%
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.
−6.5%
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.
−3.8%
Start year 2020 (pandemic). Over 10 years: +0.0% a year
Revenue growth 26 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.
+6.8%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−5.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.8%
Dividend (yield on the price)0.9%
Per share before 1999divided by the spin-off factor 1.3018
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.8% vs −5.9%, steady
Profit margin 2021 to 2025 ⓘ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.5% → 2%
Pace: the 5-year rate starts in 2020 (pandemic)

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−20.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −22.0% a year for the price.

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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.Specialty Industrial Machinery · 814 stocks

Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 60 · Above median
Fair Value upside +49.4% · Top 25%
Profitability
Return on equity (12 months) 6.6% · Below median
Return on assets 3.6% · Above median
Net margin (12 months) 5.4% · Below median
Operating margin (12 months) 4.0% · Below median
Growth and dividend
Revenue growth (quarter YoY) −0.4% · Below median
Dividend yield (12 months) 0.9% · Below median

Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper

P/E (12 months) 26.8× · Pricier than median
P/B 1.28× · Cheaper than median
P/S (12 months) 1.40× · Cheaper than median
Price / free cash flow (fiscal year) 25.1× · Pricier than median
EV/EBITDA 6.5× · Cheapest 25%
PEG 0.61× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)99 · sector 0
FUTURE (revenue growth)0 · sector 31
PAST (return on equity)26 · sector 27
HEALTH (low debt)100 · sector 96
DIVIDEND (yield)18 · sector 29

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Cummins Inc CMI $450.07 $359.36 −20% vs 600835
SIE SIE €263.65 €149.56 −43% vs 600835
AMETEK, Inc AME $228.67 $125.74 −45% vs 600835
Illinois Tool Works Inc ITW $280.95 $154.30 −45% vs 600835
Sandvik AB SAND kr 357.40 kr 194.33 −46% vs 600835
Parker-Hannifin Corporation PH $917.79 $492.92 −46% vs 600835
Emerson Electric Co EMR $162.35 $79.99 −51% vs 600835
Eaton Corporation ETN $341.72 $156.90 −54% vs 600835
Rockwell Automation, Inc ROK $375.86 $139.31 −63% vs 600835
GE Vernova Inc GEV $774.11 $143.50 −81% vs 600835

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Shanghai Mechanical & Electrical Industry Co Ltd A: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Shanghai Mechanical & Electrical Industry Co Ltd A Fair Value". https://www.fairvalue-calculator.com/stock/600835

Frequently asked questions

Is Shanghai Mechanical & Electrical Industry Co Ltd A (600835) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥26.23 versus a price of ¥17.56, about +49% upside (undervalued).
What is the fair value of 600835?
Our model-based fair value for Shanghai Mechanical & Electrical Industry Co Ltd A is ¥26.23 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥17.56.
What is the quality score of 600835?
Shanghai Mechanical & Electrical Industry Co Ltd A has a Quality Score of 60/100. 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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Our model-based price target is the fair value of ¥26.23 (as of Nov 7, 2026) from 26 valuation models. Cautious scenario ¥21.96, optimistic scenario ¥29.65. It is a calculation from audited fundamentals, not an analyst target.
What is the Shanghai Mechanical & Electrical Industry Co Ltd A stock forecast for 2026?
Our models put fair value at ¥26.23, about +49% upside versus a price of ¥17.56 (undervalued). Cautious scenario ¥21.96, optimistic scenario ¥29.65. The calculation is refreshed regularly with new filings.
What is the revenue of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Shanghai Mechanical & Electrical Industry Co Ltd A reported trailing-twelve-month revenue of about 19.3B CNY (latest available figure, as of Nov 7, 2026).
Does Shanghai Mechanical & Electrical Industry Co Ltd A pay a dividend?
Shanghai Mechanical & Electrical Industry Co Ltd A currently shows a dividend yield of 0.91% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Shanghai Mechanical & Electrical Industry Co Ltd A (600835) and when is the ex-dividend date?
Shanghai Mechanical & Electrical Industry Co Ltd A pays a dividend of ¥0.16 per share a year, a dividend yield of 0.9%. The last ex-dividend date was Jul 2, 2026. The payout ratio is 23.5% of earnings. Free cash flow covers the dividend 8.34 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
For today's price to be fair in a discounted-cash-flow model, Shanghai Mechanical & Electrical Industry Co Ltd A would have to grow free cash flow by -20.7 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -3.8 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 600835 use?
Our models discount Shanghai Mechanical & Electrical Industry Co Ltd A at 9.1 %: a base by market capitalisation (mid), damped by beta 0.38, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Shanghai Mechanical & Electrical Industry Co Ltd A that is -20.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Shanghai Mechanical & Electrical Industry Co Ltd A (600835) delivered so far?
Over the past 5 years revenue at Shanghai Mechanical & Electrical Industry Co Ltd A grew -3.8 % a year. The price currently implies free-cash-flow growth of -20.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Shanghai Mechanical & Electrical Industry Co Ltd A (600835) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Shanghai Mechanical & Electrical Industry Co Ltd A (-20.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The free-cash-flow yield on the price is 5.99 %: that much free cash flow Shanghai Mechanical & Electrical Industry Co Ltd A produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shanghai Mechanical & Electrical Industry Co Ltd A it is ¥26.23 per share (as of Nov 7, 2026), against a price of ¥17.56. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Shanghai Mechanical & Electrical Industry Co Ltd A stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 600835 trades below its calculated fair value: price ¥17.56, fair value ¥26.23, a gap of about +49% (undervalued). 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 600835?
No. The price is what the market pays today (¥17.56); the fair value is what the company's own numbers justify (¥26.23). For Shanghai Mechanical & Electrical Industry Co Ltd A the two are ¥8.67 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shanghai Mechanical & Electrical Industry Co Ltd A worth?
The market values Shanghai Mechanical & Electrical Industry Co Ltd A at about 18.0B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥17.56; our models calculate a fair value of ¥26.23 per share.
What do the bullish and bearish scenarios say about 600835?
Our models span a range for Shanghai Mechanical & Electrical Industry Co Ltd A: cautious scenario ¥21.96, base ¥26.23, optimistic ¥29.65 per share (as of Nov 7, 2026, price ¥17.56). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600835?
Shanghai Mechanical & Electrical Industry Co Ltd A trades at a price-to-earnings ratio of 26.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥26.23 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 16.3. Other multiples: PEG 0.6, P/B 1.3, P/S 1.4, EV/EBITDA 6.5.
What is the PEG ratio of 600835?
The PEG ratio of Shanghai Mechanical & Electrical Industry Co Ltd A is 0.61 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Balance-sheet figures for Shanghai Mechanical & Electrical Industry Co Ltd A (as of Nov 7, 2026): return on equity 6.6%. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 600835 from its 52-week high?
Shanghai Mechanical & Electrical Industry Co Ltd A trades at ¥17.56, about 47% below its 52-week high of ¥33.00 and 9% above the low of ¥16.05 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥26.23 is for.
Which stocks are comparable to Shanghai Mechanical & Electrical Industry Co Ltd A?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, 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 Shanghai Mechanical & Electrical Industry Co Ltd A stock attractive at the current price?
The data as of Nov 7, 2026: price ¥17.56, calculated fair value ¥26.23 (+49%), Quality Score 60/100, from 26 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 600835 calculated?
We run Shanghai Mechanical & Electrical Industry Co Ltd A through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥26.23 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. Shanghai Mechanical & Electrical Industry Co Ltd A currently trades 33% below its own fair value, and the market average says nothing about that. 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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The closing price on Nov 6, 2026 was ¥17.56. Our model-based fair value is ¥26.23, about +49% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shanghai Mechanical & Electrical Industry Co Ltd A right now?
The price is below even our cautious bear case (¥21.96). The market is more pessimistic than our downside scenario. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Shanghai Mechanical & Electrical Industry Co Ltd A (600835) come from?
Earnings per share at Shanghai Mechanical & Electrical Industry Co Ltd A grew −4.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.6 %, EBIT margin −8.2 %, tax rate +1.0 %, residual (interest, one-offs) +2.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Shanghai Mechanical & Electrical Industry Co Ltd A

How large is the market capitalisation of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The market capitalisation of Shanghai Mechanical & Electrical Industry Co Ltd A is 18.0B CNY (≈ $2.7B). 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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The price-to-sales ratio of Shanghai Mechanical & Electrical Industry Co Ltd A is 1.40 (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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Earnings per share at Shanghai Mechanical & Electrical Industry Co Ltd A are ¥0.6800 (price ÷ EPS = P/E 26.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The dividend yield of Shanghai Mechanical & Electrical Industry Co Ltd A is 0.9% (payout 23.5%). 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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The net margin of Shanghai Mechanical & Electrical Industry Co Ltd A is 3.6% (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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The return on equity (ROE) of Shanghai Mechanical & Electrical Industry Co Ltd A is 6.6% (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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
On an EBIT basis the return on assets of Shanghai Mechanical & Electrical Industry Co Ltd A is 3.5% (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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
The operating margin of Shanghai Mechanical & Electrical Industry Co Ltd A is 4.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Revenue at Shanghai Mechanical & Electrical Industry Co Ltd A is growing −0.4% versus a year earlier (3y avg −6.5%). 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 Shanghai Mechanical & Electrical Industry Co Ltd A (600835)?
Earnings per share at Shanghai Mechanical & Electrical Industry Co Ltd A are growing −21.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Shanghai Mechanical & Electrical Industry Co Ltd A (600835) hold?
Shanghai Mechanical & Electrical Industry Co Ltd A holds more cash than debt, 13.3B CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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