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Changchun UP Optotech Co (002338) Fair Value & Analysis

Technology · CN · Market cap 13.0B CNY

CU Changchun UP Optotech Co 002338 · SHE
Price¥37.87
Fair Value¥4.89
Upside-87.1%
Quality40/100
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Evidence: Medium Range ¥4.36 – ¥7.26 📤 Share as image

Fair value as of: Jul 22, 2026

From 17 valuation models · updated today

Share price −29.9% over the past month.

Price vs Fair Value (12 months)

¥67.82 ¥37.87 Fair Value ¥4.89 Jun 2025 Jul 2026

12‑month range ¥37.87 – ¥67.82 · fair‑value band ¥4.36 – ¥7.26 · the ¥37.87 price screens above the ¥4.89 fair value. As of Jul 22, 2026.

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Analysis

Changchun UP Optotech Co (002338) currently trades at ¥37.87, while our model-based Fair Value estimate is ¥4.89, implying the stock looks roughly 87.1% overvalued today. We read business quality at 40/100 (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: medium).

Over the trailing twelve months, Changchun UP Optotech Co generated revenue of 860M CNY at a net margin of 11.4%. Revenue grew 36.5% year over year. It earns a return on equity of 8.3%. Net debt stands at 16.1M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥4.36 (bear case) to ¥7.26 (bull case); at ¥37.87, the current price sits above that range. The share trades about 46% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -51% fair-value upside, at -87%, 002338 screens richer than that median.

Key figures & financial health

Revenue (TTM) 860M CNY
Revenue growth (YoY) +36.5%
Net margin 11.4%
Return on equity 8.3%
Free cash flow −47.3M CNY FY2024
P/E ratio 132.0
More key figures
Operating margin 4.4%
EPS (TTM) ¥0.4100
Dividend yield 0.1%
EPS growth (YoY) +117%
Net debt 16.1M CNY FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 22, 2026. TTM = trailing twelve months.

About the company

Changchun UP Optotech Co.,Ltd. engages in the research, development, production, and sale of photoelectric measurement and control equipment products in China. It also offers optomechanical instruments, optomechanical integrated equipment, optical materials, optical components, medical equipment, disinfection equipment, grating encoders products, composite material products, and disinfectants. Its products include photoelectric theodolite, aerospace products, space camera, K9 Optical Glass, Coating materials; and medical devices, including special visual inspection device, portable digital inclinometer, tilting bed, vestibular function checker, dark adaptation checker, rapid physical examination device, cervical psoas muscle trainer, high-throughput cell screener, large field of view imaging analyzer, acidic oxidation potential water, and intravenous fluid aids. Further, it is involved in import business of mechanical equipment, spare parts, raw and auxiliary materials, and …

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Changchun UP Optotech Co reported revenue of ¥745M in FY2024 versus ¥441M in FY2020, a compound +14.0%/yr. Reported net income was ¥66.4M in FY2024, compounding +7.9%/yr from FY2020.

Revenue +14.0%/yr
FY20 ¥441M
FY21 ¥547M
FY22 ¥627M
FY23 ¥773M
FY24 ¥745M
Net income +7.9%/yr
FY20 ¥49.1M
FY21 ¥46.7M
FY22 ¥81.8M
FY23 ¥86.6M
FY24 ¥66.4M

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Cite: Fair Value Calculator (2026). "Changchun UP Optotech Co Fair Value". https://www.fairvalue-calculator.com/stock/002338

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Frequently asked questions

Is Changchun UP Optotech Co (002338) undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥4.89 versus a price of ¥37.87, about −87% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 002338?
Our model-based fair value for Changchun UP Optotech Co is ¥4.89 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥37.87.
What is the quality score of 002338?
Changchun UP Optotech Co has a Quality Score of 40/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Changchun UP Optotech Co (002338)?
Changchun UP Optotech Co reported trailing-twelve-month revenue of about 860M CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002338?
The net profit margin of Changchun UP Optotech Co is about 11.4%, meaning it keeps roughly 11.4% of revenue as net income. Based on the latest reported figures.
Does Changchun UP Optotech Co pay a dividend?
Changchun UP Optotech Co currently shows a dividend yield of about 0.13% relative to its recent price (as of Jul 22, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.