EN DE

Zhejiang Chengchang Technology Co. Ltd. (001270) Fair Value & Analysis

Technology · CN · Market cap 25.0B CNY (≈ $3.7B)

What is Zhejiang Chengchang Technology Co. Ltd. really worth?

ZC Zhejiang Chengchang Technology Co. Ltd. 001270 · SHE
Price¥96.11
Fair Value¥14.48
Upside−84.9%
Quality61/100

A solid business, but trading 564% above our fair value of ¥14.48.

As of Aug 13, 2026, the fair value of Zhejiang Chengchang Technology Co. Ltd. is ¥14.48 per share against a price of ¥96.11, so the fair value sits 85% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

Watch Zhejiang Chengchang Technology Co. Ltd. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Highly profitable · 31.7% net margin

Risks

!Expensive Growth (revenue 5y +18.3 %/yr)
!negative free cash flow
!Mixed vs. peers (5/11)
!Moderate moat 63/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 4 out of 100

For context

·0.21% dividend yield
Evidence: Low Range ¥11.31 – ¥17.66

Fair value as of: Aug 13, 2026

From 15 valuation models · updated 23 days ago

Fair value updated Aug 13, 2026, revised from ¥10.96 to ¥14.48 (+32.1%) since Jul 21, 2026. Share price −16.0% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (¥17.66). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (4 years)

¥166.30 ¥16.98 Fair Value ¥14.48 Jun 2022 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

51‑month range ¥16.98 – ¥166.30 · fair‑value band ¥11.31 – ¥17.66 · the ¥96.11 price screens above the ¥14.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

Zhejiang Chengchang Technology Co. Ltd. (001270) currently trades at ¥96.11, while our model-based Fair Value estimate is ¥14.48, implying the stock looks roughly 563.6% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of ¥25.33 per share, and 0 of the 15 models we run sit above the ¥96.11 price. Bear case: the Asset-Based group reads lowest at ¥4.91, and 15 of the 15 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Zhejiang Chengchang Technology Co. Ltd. generated revenue of 417M CNY at a net margin of 31.7%. Revenue grew 12.9% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of 368M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥11.31 (bear case) to ¥17.66 (bull case); at ¥96.11, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 42% below its 52-week high and 184% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −59% fair-value upside, at −85%, 001270 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.3002 per share, which is 1.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
Residual Income best evidence ¥6.02 ¥6.41 ¥7.20 76
EPV ¥6.08 ¥6.86 ¥7.53 70
ROIC Compounder ¥6.08 ¥6.86 ¥7.86 70
All 15 models by family
DCF Models
Owner Earnings ¥11.95 ¥25.33 ¥53.42 68
Earnings-Based
Graham-Dodd ¥3.86 ¥26.94 ¥37.81 63
Lynch FV ¥9.24 ¥13.20 ¥17.17 61
PEG = 1.0 ¥9.24 ¥13.20 ¥17.17 57
EPV ¥6.08 ¥6.86 ¥7.53 70
Multiples
P/E Multiple ¥11.93 ¥15.91 ¥19.89 63
P/S Multiple ¥7.24 ¥9.66 ¥12.07 58
P/B Multiple ¥7.24 ¥9.66 ¥12.07 55
EV/EBIT ¥11.17 ¥14.41 ¥17.65 63
EV/EBITDA ¥10.98 ¥14.16 ¥17.33 64
EV/Revenue ¥6.37 ¥8.47 ¥10.58 52
Asset-Based
NCAV (Graham) ¥3.66 ¥4.91 ¥7.33 51
Economic Profit
Residual Income best evidence ¥6.02 ¥6.41 ¥7.20 76
ROIC Compounder ¥6.08 ¥6.86 ¥7.86 70
Growth Earnings
Growth-Adj P/E ¥13.73 ¥19.62 ¥25.51 67

Widest divergence: DCF Models (¥25.33) versus Asset-Based (¥4.91). Highest evidence: Residual Income (76).

Notify me when 001270 reaches fair value

Put 001270 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 150.2
P/S ratio 43.5 P/E × margin
EPS (TTM) ¥0.6400 price ÷ EPS = P/E 150.2
Dividend yield 0.2% payout 31.3%
Net margin 28.9% FY2025
Return on equity 8.9% TTM
More key figures
Profitability
Return on assets (EBIT) 8.0% avg 5y
Operating margin 40.1% TTM
Growth
Revenue (TTM) 417M CNY TTM
Revenue growth (YoY) +12.9% 3y avg +13.4%
EPS growth (YoY) +47.3%
Balance sheet & cash flow
Free cash flow −60.9M CNY FY2025
Net cash 368M CNY FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 56 · Market factors (momentum, volatility) 52

Profitability 46
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 54
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Zhejiang Chengchang Technology Co., Ltd. engages in research and development, production, sale, and technical services of microwave millimeter wave phased array T/R chips in China.

Full company description

Zhejiang Chengchang Technology Co., Ltd. engages in research and development, production, sale, and technical services of microwave millimeter wave phased array T/R chips in China. It offers power amplifier chips, single-supply power amplifier chip, multi-functional amplifier chip, low-noise amplifier chips, aspect ratio multifunctional chips, single-channel analog beamforming chip, multi-channel analog beamforming chip, silicone-based analog beamforming chip, delay amplification multi-functional chips, and numerically controlled phase shifter chips. The company also provides numerically controlled attenuator chips, fixed attenuator chips, switching chips, equalizer chips, power divider chips, filter chips, directional coupler chips, and limiter chips. Its products are used in detection, remote sensing, communication, navigation, and electronic countermeasures, as well as deployed in spaceborne, airborne, shipborne, vehicle-mounted, and ground-based phased array radars. The company was founded in 2010 and is based in Hangzhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Chengchang Technology Co. Ltd. reported revenue of 405M CNY in FY2025 versus 211M CNY in FY2021, a compound +17.7%/yr. Reported net income was 117M CNY in FY2025, compounding −7.5%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
405M CNY
Latest YoY
+91.3%
Avg. revenue growth/yr (3Y) 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.
+13.4%
Avg. revenue growth/yr (5Y) 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.
+18.3%
Avg. revenue growth/yr (7Y) 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.
+22.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+0.7% · in CNY
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+0.5%
Dividend yield0.2%
Operating margin (EBIT) 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.28.3% (2020) → 27.5% (2025) · steady
Worst earnings drop121% (2024) (loss year, drop beyond 100%) · in CNY
Revenue +17.7%/yr
FY21 211M CNY
FY22 278M CNY
FY23 287M CNY
FY24 212M CNY
FY25 405M CNY
Net income −7.5%/yr
FY21 160M CNY
FY22 133M CNY
FY23 79.7M CNY
FY24 −31.1M CNY
FY25 117M CNY

001270 screens 564% overvalued. Compare with NVIDIA Corporation →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
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.

Cite: Fair Value Calculator (2026). "Zhejiang Chengchang Technology Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/001270.SHE

Peer Group

Semiconductors · 325 stocks

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.

Quality Score 61 · Above median
Fair Value upside −85% · Bottom 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 32% · Top 25%
Operating margin (TTM) 40% · Top 25%
Revenue growth 13% · Below median
Dividend yield (TTM) 0.2% · Bottom 25%

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 150.2× · Pricier than 75% of peers
P/B 16.56× · Pricier than 75% of peers
P/S (TTM) 60.03× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE65 · sector 65
PAST36 · sector 25
HEALTH0 · sector 96
DIVIDEND4 · sector 18

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

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $227.98 $98.98 −57%
Taiwan Semiconductor Manufacturing Company TSM $427.30 $296.10 −31%
Broadcom Inc AVGO $357.90 $118.27 −67%
SK hynix Inc 000660 1,647,000 KRW 1,481,291 KRW −10%
Micron Technology, Inc MU $932.86 $148.38 −84%
Advanced Micro Devices, Inc AMD $477.57 $55.02 −88%
Intel Corporation INTC $95.80 $35.41 −63%
Texas Instruments Incorporated TXN $266.54 $78.54 −71%
QUALCOMM Incorporated QCOM $164.78 $147.20 −11%
MediaTek Inc 2454 3,845 TWD 1,559 TWD −59%

Compare Zhejiang Chengchang Technology Co. Ltd. with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

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

Try a ready-made strategy

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

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 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 screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Zhejiang Chengchang Technology Co. Ltd. (001270) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥14.48 versus a price of ¥96.11, about −85% upside (overvalued).
What is the fair value of 001270?
Our model-based fair value for Zhejiang Chengchang Technology Co. Ltd. is ¥14.48 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥96.11.
What is the quality score of 001270?
Zhejiang Chengchang Technology Co. Ltd. has a Quality Score of 61/100. 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 Zhejiang Chengchang Technology Co. Ltd. (001270)?
Our model-based price target is the fair value of ¥14.48 (as of Aug 13, 2026) from 15 valuation models. Cautious scenario ¥11.31, optimistic scenario ¥17.66. It is a calculation from audited fundamentals, not an analyst target.
What is the Zhejiang Chengchang Technology Co. Ltd. stock forecast for 2026?
Our models put fair value at ¥14.48, about −85% upside versus a price of ¥96.11 (overvalued). Cautious scenario ¥11.31, optimistic scenario ¥17.66. The calculation is refreshed regularly with new filings.
What is the revenue of Zhejiang Chengchang Technology Co. Ltd. (001270)?
Zhejiang Chengchang Technology Co. Ltd. reported trailing-twelve-month revenue of about 417M CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 001270?
The net profit margin of Zhejiang Chengchang Technology Co. Ltd. is about 31.7%, meaning it keeps roughly 31.7% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Chengchang Technology Co. Ltd. pay a dividend?
Zhejiang Chengchang Technology Co. Ltd. currently shows a dividend yield of about 0.21% relative to its recent price (as of Aug 13, 2026).
Free · no account needed

Watch Zhejiang Chengchang Technology Co. Ltd. in the live analysis

One click puts Zhejiang Chengchang Technology Co. Ltd. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

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