Shenzhen Laibao High-Technology Co Ltd (002106) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shenzhen Laibao High-Technology Co Ltd stock ¥7.53, price ¥9.09, that is 17.2% below the price, quality 37 out of 100. Rating: overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ¥6.27 – ¥18.05 · fair‑value band ¥5.67 – ¥9.79 · the ¥9.09 price screens above the ¥7.53 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 8, 2026.
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Shenzhen Laibao Hi-Tech Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of flat panel display materials and touch devices in China and internationally.
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The company offers ITO conductive glasses; TFT-LCD display panels and modules; driving backplanes and reflective color filters; and touch screens, including touch screen panels, touch screen modules, and integrated capacitive touch screens, as well as laminated products.
Its products are used in consumer electronics, automotive, medical, industrial control, education, office, and professional applications. The company was incorporated in 2000 and is headquartered in Shenzhen, China.
Stock analysis
Shenzhen Laibao High-Technology Co Ltd (002106) currently trades at ¥9.09, while our model-based Fair Value estimate is ¥7.53, 17% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥11.83 per share, and 6 of the 16 models we run sit above the ¥9.09 price.
Bear case: the Dividend Discount group reads lowest at ¥1.55, and 10 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥5.67 (bear) to ¥9.79 (bull), the price of ¥9.09 sits inside 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 37/100 (below-average quality), in the Technology sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Shenzhen Laibao High-Technology Co Ltd reported revenue of 6.0B CNY in FY2025 versus 7.7B CNY in FY2021, a compound −6.0%/yr. Reported net income was 245M CNY in FY2025, compounding −15.9%/yr from FY2021.
Key figures
Market cap 6.4B CNY (≈ $959M) Small · P/E ratio 41.3 · P/S ratio 1.12 · EPS (TTM) ¥0.2200 · Dividend yield 1.1% · Net margin 2.8% · Return on equity 2.4% · Return on assets (EBIT) 5.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 3% 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 −17%, 002106 screens richer than that median.
Fair Value models
Bear¥5.67Fair Value ¥7.53Bull¥9.79
Price ¥9.09 · Downside -17.2%
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 (¥0.1026 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.
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.14/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
+1.6%
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.
−0.9%
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.
−2.4%
Start year 2020 (pandemic). Over 10 years: +9.5% a year
Revenue growth 22 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.
+16.6%
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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.
−9.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.9%
Dividend (yield on the price)1.1%
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.base effect: −10.9% / 8.1%
Profit margin 2020 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.7% → 5%
Compare Shenzhen Laibao High-Technology Co Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Electronic Components · 651 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside−17.2% · Above median
Profitability
Return on equity (12 months)2.4% · Below median
Return on assets2.2% · Below median
Net margin (12 months)2.8% · Below median
Operating margin (12 months)5.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)−15.1% · Bottom 25%
Dividend yield (12 months)1.1% · Below median
Balance sheet
Debt / equity0.26× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
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). "Shenzhen Laibao High-Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002106
Frequently asked questions
Is Shenzhen Laibao High-Technology Co Ltd (002106) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥7.53 versus a price of ¥9.09, about 17% lower (overvalued).
What is the fair value of 002106?
Our model-based fair value for Shenzhen Laibao High-Technology Co Ltd is ¥7.53 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥9.09.
What is the quality score of 002106?
Shenzhen Laibao High-Technology Co Ltd has a Quality Score of 37/100. 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 Shenzhen Laibao High-Technology Co Ltd (002106)?
Our model-based price target is the fair value of ¥7.53 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario ¥5.67, optimistic scenario ¥9.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenzhen Laibao High-Technology Co Ltd stock forecast for 2026?
Our models put fair value at ¥7.53, about 17% lower versus a price of ¥9.09 (overvalued). Cautious scenario ¥5.67, optimistic scenario ¥9.79. The calculation is refreshed regularly with new filings.
What is the revenue of Shenzhen Laibao High-Technology Co Ltd (002106)?
Shenzhen Laibao High-Technology Co Ltd reported trailing-twelve-month revenue of about 5.7B CNY (latest available figure, as of Nov 8, 2026).
Does Shenzhen Laibao High-Technology Co Ltd pay a dividend?
Shenzhen Laibao High-Technology Co Ltd currently shows a dividend yield of 1.10% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Shenzhen Laibao High-Technology Co Ltd (002106) and when is the ex-dividend date?
Shenzhen Laibao High-Technology Co Ltd pays a dividend of ¥0.1 per share a year, a dividend yield of 1.1%. The last ex-dividend date was Jun 17, 2026. A dividend has been paid every year since 2017. The payout ratio is 45.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Shenzhen Laibao High-Technology Co Ltd (002106)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenzhen Laibao High-Technology Co Ltd it is ¥7.53 per share (as of Nov 8, 2026), against a price of ¥9.09. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Shenzhen Laibao High-Technology Co Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 002106 trades above its calculated fair value: price ¥9.09, fair value ¥7.53, a gap of about −17% (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 002106?
No. The price is what the market pays today (¥9.09); the fair value is what the company's own numbers justify (¥7.53). For Shenzhen Laibao High-Technology Co Ltd the two are ¥1.56 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenzhen Laibao High-Technology Co Ltd worth?
The market values Shenzhen Laibao High-Technology Co Ltd at about 6.4B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥9.09; our models calculate a fair value of ¥7.53 per share.
What do the bullish and bearish scenarios say about 002106?
Our models span a range for Shenzhen Laibao High-Technology Co Ltd: cautious scenario ¥5.67, base ¥7.53, optimistic ¥9.79 per share (as of Nov 8, 2026, price ¥9.09). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 002106?
Shenzhen Laibao High-Technology Co Ltd trades at a price-to-earnings ratio of 41.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥7.53 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 20.3. Other multiples: PEG 1.7, P/B 1.1, P/S 1.1, EV/EBITDA 13.6.
What is the PEG ratio of 002106?
The PEG ratio of Shenzhen Laibao High-Technology Co Ltd is 1.71 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Shenzhen Laibao High-Technology Co Ltd (002106)?
Balance-sheet figures for Shenzhen Laibao High-Technology Co Ltd (as of Nov 8, 2026): return on equity 2.4%, debt of 0.26 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 002106 from its 52-week high?
Shenzhen Laibao High-Technology Co Ltd trades at ¥9.09, about 50% below its 52-week high of ¥18.05 and 3% above the low of ¥8.82 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥7.53 is for.
Which stocks are comparable to Shenzhen Laibao High-Technology Co Ltd?
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 Shenzhen Laibao High-Technology Co Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price ¥9.09, calculated fair value ¥7.53 (−17%), Quality Score 37/100, from 16 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 002106 calculated?
We run Shenzhen Laibao High-Technology Co Ltd through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥7.53 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. Shenzhen Laibao High-Technology Co Ltd 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 Shenzhen Laibao High-Technology Co Ltd (002106)?
The closing price on Nov 6, 2026 was ¥9.09. Our model-based fair value is ¥7.53, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenzhen Laibao High-Technology Co Ltd right now?
Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Shenzhen Laibao High-Technology Co Ltd
How large is the market capitalisation of Shenzhen Laibao High-Technology Co Ltd (002106)?
The market capitalisation of Shenzhen Laibao High-Technology Co Ltd is 6.4B CNY (≈ $959M). 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 Shenzhen Laibao High-Technology Co Ltd (002106)?
The price-to-sales ratio of Shenzhen Laibao High-Technology Co Ltd is 1.12 (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 Shenzhen Laibao High-Technology Co Ltd (002106)?
Earnings per share at Shenzhen Laibao High-Technology Co Ltd are ¥0.2200 (price ÷ EPS = P/E 41.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shenzhen Laibao High-Technology Co Ltd (002106)?
The dividend yield of Shenzhen Laibao High-Technology Co Ltd is 1.1% (payout 45.5%). 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 Shenzhen Laibao High-Technology Co Ltd (002106)?
The net margin of Shenzhen Laibao High-Technology Co Ltd is 2.8% (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 Shenzhen Laibao High-Technology Co Ltd (002106)?
The return on equity (ROE) of Shenzhen Laibao High-Technology Co Ltd is 2.4% (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 Shenzhen Laibao High-Technology Co Ltd (002106)?
On an EBIT basis the return on assets of Shenzhen Laibao High-Technology Co Ltd is 5.4% (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 Shenzhen Laibao High-Technology Co Ltd (002106)?
The operating margin of Shenzhen Laibao High-Technology Co Ltd is 5.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shenzhen Laibao High-Technology Co Ltd (002106)?
Revenue at Shenzhen Laibao High-Technology Co Ltd is growing −15.1% versus a year earlier (3y avg −0.9%). 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 Shenzhen Laibao High-Technology Co Ltd (002106)?
Earnings per share at Shenzhen Laibao High-Technology Co Ltd are growing −43.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shenzhen Laibao High-Technology Co Ltd (002106) generate?
The free cash flow of Shenzhen Laibao High-Technology Co Ltd is −3.6B 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 Shenzhen Laibao High-Technology Co Ltd (002106) hold?
Shenzhen Laibao High-Technology Co Ltd holds more cash than debt, 4.3B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Nov 8, 2026