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Lets Holdings (002398) Fair Value & Analysis

Basic Materials · CN · Market cap 2.8B CNY

Price¥4.07
Fair Value¥1.99
Upside-51.1%
Quality94/100
Evidence: High Range ¥1.04 – ¥2.80

Fair value as of: Jun 25, 2026

Analysis

Lets Holdings (002398) currently trades at ¥4.07, while our model-based Fair Value estimate is ¥1.99 — implying the stock looks roughly 51.1% overvalued today. We read business quality at 94/100 (high quality), in the Basic Materials 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).

About the company

Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, electric power, and other projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and training for the life cycle of engineering feasibility study, construction, and operation and maintenance. In addition, it provides internet-based industry supply chain big data services; and BIM- based building information and industrialization of intelligent system services comprising Internet of Things, cloud computing, big data, and 5G. Lets Holdings Group Co., Ltd. was formerly known as Xiamen Academy Of Building Research Group Co., Ltd. and changed its name to Lets Holdings Group Co., Ltd. in October 2019. The com…

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Frequently asked questions

Is Lets Holdings (002398) undervalued?
As of Jun 25, 2026, our model estimates a fair value of ¥1.99 versus a price of ¥4.07 — about −51% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 002398?
Our 21-model fair value for Lets Holdings is ¥1.99 (as of Jun 25, 2026), built from audited fundamentals. The current price is ¥4.07.
What is the quality score of 002398?
Lets Holdings has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.