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Tongda Smart Tech (Xiamen) Co (001368) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 2.6B CNY

TS Tongda Smart Tech (Xiamen) Co 001368 · SHE
Price¥21.95
Fair Value¥12.35
Upside-43.7%
Quality44/100
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Expensive Growth
Thin margins · 9.3% net margin
generates free cash flow
3.22% dividend yield
Mixed vs. peers (6/13)
Moderate moat 45/100
Evidence: High Range ¥9.89 – ¥19.58 Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price +3.9% over the past month.

Below-average quality, and screening another 44% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥19.58). 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.
  • A fairly wide model range (¥9.89 to ¥19.58) leaves room in how you read the outcome.
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Price vs Fair Value (3 years)

¥32.83 ¥15.13 Fair Value ¥12.35 Mar 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

41‑month range ¥15.13 – ¥32.83 · fair‑value band ¥9.89 – ¥19.58 · the ¥21.95 price screens above the ¥12.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Tongda Smart Tech (Xiamen) Co (001368) currently trades at ¥21.95, while our model-based Fair Value estimate is ¥12.35, implying the stock looks roughly 43.7% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Tongda Smart Tech (Xiamen) Co generated revenue of 1.1B CNY at a net margin of 9.3%. Revenue grew 15.3% year over year. It earns a return on equity of 7.3%. The stock trades on a trailing P/E of 26.2. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥9.89 (bear case) to ¥19.58 (bull case); at ¥21.95, 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 35% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -44%, 001368 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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 ¥9.73 ¥10.19 ¥10.77 76
Growth DCF ¥3.38 ¥4.38 ¥5.77 72
Growth-Adj P/E ¥11.97 ¥17.09 ¥22.22 68
All 24 models by family
DCF Models
FCF DCF ¥3.36 ¥4.51 ¥6.22 38
Owner Earnings ¥3.31 ¥4.43 ¥6.11 31
5Y Revenue Exit ¥6.81 ¥11.18 ¥16.90 39
5Y EBITDA Exit ¥9.09 ¥15.51 ¥23.16 41
5Y P/E Exit ¥10.18 ¥17.57 ¥25.49 38
10Y Revenue Exit ¥5.27 ¥8.90 ¥14.03 36
10Y EBITDA Exit ¥6.93 ¥11.86 ¥18.75 37
10Y P/E Exit ¥7.61 ¥13.27 ¥20.51 35
Earnings-Based
Graham-Dodd ¥5.87 ¥19.41 ¥25.96 54
Lynch FV ¥4.38 ¥6.26 ¥8.13 50
PEG = 1.0 ¥4.38 ¥6.26 ¥8.13 46
EPV ¥7.56 ¥8.55 ¥9.41 59
Multiples
P/E Multiple ¥14.24 ¥18.99 ¥23.73 63
P/S Multiple ¥8.35 ¥11.13 ¥13.91 58
P/B Multiple ¥11.00 ¥14.67 ¥18.34 55
EV/EBIT ¥13.08 ¥17.02 ¥20.95 53
EV/EBITDA ¥13.62 ¥17.74 ¥21.85 54
EV/Revenue ¥9.07 ¥12.41 ¥15.75 43
Asset-Based
NCAV (Graham) ¥6.08 ¥8.15 ¥12.16 50
Growth DCF
Growth DCF ¥3.38 ¥4.38 ¥5.77 72
Rev-Margin DCF ¥6.81 ¥11.06 ¥15.99 67
Economic Profit
Residual Income ¥9.73 ¥10.19 ¥10.77 76
ROIC Compounder ¥7.56 ¥8.55 ¥9.41 67
Growth Earnings
Growth-Adj P/E ¥11.97 ¥17.09 ¥22.22 68

Widest divergence: Growth Earnings (¥17.09) versus Growth DCF (¥4.38). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.1B CNY
Revenue growth (YoY) +15.3%
Net margin 9.3%
Return on equity 7.3%
Free cash flow 21.5M CNY FY2025
P/E ratio 26.2
More key figures
Operating margin 11.7%
EPS (TTM) ¥0.8800
Dividend yield 3.2%
EPS growth (YoY) +8.0%

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 47 · Market factors (momentum, volatility) 33

Profitability 38
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 42
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.

About the company

Tongda Smart Tech (Xiamen) Co., Ltd. offers consumer products for sports and outdoor, home life, health care, and other fields.

Full company description

Tongda Smart Tech (Xiamen) Co., Ltd. offers consumer products for sports and outdoor, home life, health care, and other fields. It provides skipping ropes, silicone sports bottles, skates, sports skates, scooters, badminton racket sets, balance piles, archery target components, boxing, barbell clip accessories, etc.; transparent, rotating, straw and multi-color bottle caps, etc. The company also provides spray gun, roller brush and steam engine series, etc.; children's tables, chairs and stools, baby chairs, tableware sets, salad bars, shower heads, corner baskets, photo frames, cold brew freeze-dried coffee packaging boxes, etc.; and electric toothbrushes, toothbrushes, sunscreen electrostatic sprayers, toothbrush disinfection boxes, etc. Tongda Smart Tech (Xiamen) Co., Ltd. was founded in 2016 and is headquartered in Xiamen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tongda Smart Tech (Xiamen) Co reported revenue of ¥1.1B in FY2025 versus ¥950M in FY2021, a compound +2.7%/yr. Reported net income was ¥98.2M in FY2025, compounding −7.0%/yr from FY2021.

Growth Quality 47/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.1B CNY
Latest YoY
+8.7%
Avg. 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.
+4.3%
Revenue +2.7%/yr
FY21 ¥950M
FY22 ¥931M
FY23 ¥799M
FY24 ¥971M
FY25 ¥1.1B
Net income −7.0%/yr
FY21 ¥131M
FY22 ¥132M
FY23 ¥101M
FY24 ¥103M
FY25 ¥98.2M

001368 screens 44% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "Tongda Smart Tech (Xiamen) Co Fair Value". https://www.fairvalue-calculator.com/stock/001368

Peer Group

Furnishings, Fixtures & Appliances · 311 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 44 · Below median
Fair Value upside −44% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 15% · Top 25%
Dividend yield (TTM) 3.2% · Above median

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 26.2× · Pricier than median
P/B 1.90× · Pricier than median
P/S (TTM) 2.39× · Pricier than 75% of peers
P/FCF 18.1× · Pricier than 75% of peers
EV/EBITDA 16.3× · Pricier than 75% of peers

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.

VALUE 0 · sector 22
FUTURE 77 · sector 0
PAST 29 · sector 19
HEALTH 0 · sector 97
DIVIDEND 64 · sector 55

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%

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Frequently asked questions

Is Tongda Smart Tech (Xiamen) Co (001368) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥12.35 versus a price of ¥21.95, about −44% (overvalued).
What is the fair value of 001368?
Our model-based fair value for Tongda Smart Tech (Xiamen) Co is ¥12.35 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥21.95.
What is the quality score of 001368?
Tongda Smart Tech (Xiamen) Co 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 revenue of Tongda Smart Tech (Xiamen) Co (001368)?
Tongda Smart Tech (Xiamen) Co reported trailing-twelve-month revenue of about 1.1B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 001368?
The net profit margin of Tongda Smart Tech (Xiamen) Co is about 9.3%, meaning it keeps roughly 9.3% of revenue as net income. Based on the latest reported figures.
Does Tongda Smart Tech (Xiamen) Co pay a dividend?
Tongda Smart Tech (Xiamen) Co currently shows a dividend yield of about 3.22% relative to its recent price (as of Jul 21, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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