Guoguang Electric Company (002045) Fair Value & Analysis

Technology · CN · Market cap 4.9B CNY

Below-average quality, and screening another 27% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (¥8.13). The favourable scenario is already priced in.
• Weak quality (23/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (5 years)

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

60‑month range ¥6.82 – ¥25.11 · fair‑value band ¥4.87 – ¥8.13 · the ¥8.90 price screens above the ¥6.50 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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

Analysis

Guoguang Electric Company (002045) currently trades at ¥8.90, while our model-based Fair Value estimate is ¥6.50, implying the stock looks roughly 26.9% overvalued today. The Quality Score stands at 23/100 (below-average quality), in the Technology 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, Guoguang Electric Company generated revenue of 7.7B CNY at a net margin of -2.2%. Revenue declined 11.7% year over year. It earns a return on equity of -3.9%. Net debt stands at 718M CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥4.87 (bear case) to ¥8.13 (bull case); at ¥8.90, 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 53% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -27%, 002045 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.

Widest divergence: Growth Earnings (¥9.52) versus Dividend Discount (¥1.54). Highest evidence: Residual Income (76).

Key figures & financial health

Quality Score breakdown

About the company

Guoguang Electric Company Limited, together with its subsidiaries, engages in the audio and electroacoustic, and lithium battery businesses in Mainland China, Europe, the United States, and internationally. It operates through Electronic Components Business and Others segments.

Full company description

Guoguang Electric Company Limited, together with its subsidiaries, engages in the audio and electroacoustic, and lithium battery businesses in Mainland China, Europe, the United States, and internationally. It operates through Electronic Components Business and Others segments. The company offers speakers, bluetooth speakers, traditional headphones, computer peripheral audio, Wi-Fi speakers, soundbar, AI glasses, AI headphones, VR/AR, car amplifiers, tweeters, subwoofers, musical instrument audio, high-power active speakers, POE speakers, and other products. It also provides lithium battery products for headphones, smart speakers, wearable devices, electronic cigarettes, drones, and other products. In addition, the company is involved in the rental of houses and buildings. Guoguang Electric Company Limited was founded in 1951 and is headquartered in Guangzhou, the People's Republic of China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Guoguang Electric Company reported revenue of ¥7.9B in FY2024 versus ¥4.3B in FY2020, a compound +16.7%/yr. Reported net income was ¥253M in FY2024, compounding +7.9%/yr from FY2020.

002045 screens 27% overvalued. Compare with Apple Inc →

Peer Group

Consumer Electronics · 129 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.

Valuation Multiples vs Consumer Electronics median · lower = cheaper

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: 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.

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

Similar stocks

10 more Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Explore undervalued stocks

More undervalued Technology stocks →

Frequently asked questions

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.