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Shenzhen Das Intellitech Co (002421) Fair Value & Analysis

Technology · CN · Market cap 8.4B CNY

SD Shenzhen Das Intellitech Co 002421 · SHE
Price¥3.41
Fair Value¥1.10
Upside-67.7%
Quality35/100
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Weak Growth
Loss-making · -29.9% net margin
Moderate debt · negative free cash flow
Trails peers (3/11)
Narrow moat 15/100
Evidence: Low Range ¥0.5100 – ¥1.80 Share as image

Fair value as of: Jul 22, 2026

From 3 valuation models · updated 18 days ago

Fair value updated Jul 22, 2026, revised from ¥3.86 to ¥1.10 (−71.5%) since Jun 25, 2026. Share price +8.9% over the past month.

Below-average quality, and screening another 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.80). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (¥0.5100 to ¥1.80). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

¥5.73 ¥2.13 Fair Value ¥1.10 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥2.13 – ¥5.73 · fair‑value band ¥0.5100 – ¥1.80 · the ¥3.41 price screens above the ¥1.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Shenzhen Das Intellitech Co (002421) currently trades at ¥3.41, while our model-based Fair Value estimate is ¥1.10, implying the stock looks roughly 67.7% overvalued today. The Quality Score stands at 35/100 (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: low).

Over the trailing twelve months, Shenzhen Das Intellitech Co generated revenue of 2.1B CNY at a net margin of -29.9%. Revenue grew 17.9% year over year. It earns a return on equity of -20.5%. Net debt stands at 714M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥0.5100 (bear case) to ¥1.80 (bull case); at ¥3.41, 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 45% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -68%, 002421 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 BearBaseBull Evidence
Highest evidence
Gordon GGM ¥0.4800 ¥0.9600 ¥1.45 70
DDM Multi-Stage ¥0.4800 ¥0.8000 ¥1.01 61
NCAV (Graham) ¥0.6400 ¥0.8600 ¥1.29 50
All 3 models by family
Dividend Discount
Gordon GGM ¥0.4800 ¥0.9600 ¥1.45 70
DDM Multi-Stage ¥0.4800 ¥0.8000 ¥1.01 61
Asset-Based
NCAV (Graham) ¥0.6400 ¥0.8600 ¥1.29 50

Widest divergence: Asset-Based (¥0.8600) versus Dividend Discount (¥0.8000). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) 2.1B CNY
Revenue growth (YoY) +17.9%
Net margin -29.9%
Return on equity -20.5%
Free cash flow −150M CNY FY2025
Operating margin 0.5%
More key figures
EPS (TTM) ¥-0.3000
EPS growth (YoY) +30.8%
Net debt 714M CNY FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 34 · Market factors (momentum, volatility) 49

Profitability 4
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 64
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

Shenzhen Das Intellitech Co., Ltd. engages in the provision of smart space technology, Internet of Things (IoT) technology software and hardware products, and solutions and services in China and internationally.

Full company description

Shenzhen Das Intellitech Co., Ltd. engages in the provision of smart space technology, Internet of Things (IoT) technology software and hardware products, and solutions and services in China and internationally. The company offers applications, such as C3 IoT identification; smart workplace; information release systems; EMC007 AI-enabled chiller; smart ticketless parking; Das Jiuxin smart operating room; metro environment; urban rail and ticketing; and data center precision energy. It also provides InDas AIoT platform, which integrates cloud-edge real-time data processing technology with cloud computing, artificial intelligence, big data, and IoT; Dasiot edge controller, smart parking series, parking space guide series, AI face interactive panels, InDas turnstile products, security and access controls, and face consumer machine series. In addition, the company offers Das smart operating room management systems; Das smart urban railway equipment management systems; and Das smart internet data center management systems. Shenzhen Das Intellitech Co., Ltd. was incorporated in 1995 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen Das Intellitech Co reported revenue of ¥2.0B in FY2025 versus ¥3.2B in FY2021, a compound −10.6%/yr. Reported net income was −¥653M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.0B CNY
Latest YoY
−36.1%
Avg. growth/yr (3Y)
−17.4%
Avg. growth/yr (5Y)
−8.8%
Avg. growth/yr (19Y)
+14.8%
Revenue −10.6%/yr
FY21 ¥3.2B
FY22 ¥3.6B
FY23 ¥3.8B
FY24 ¥3.2B
FY25 ¥2.0B
Net income
FY21 −¥500M
FY22 ¥212M
FY23 ¥115M
FY24 ¥25.9M
FY25 −¥653M

002421 screens 68% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Shenzhen Das Intellitech Co Fair Value". https://www.fairvalue-calculator.com/stock/002421

Peer Group

Information Technology Services · 480 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 35 · Bottom 25%
Fair Value upside −68% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -30% · Bottom 25%
Operating margin (TTM) 0% · Below median
Revenue growth 18% · Above median
Debt / equity 0.76× · Higher than 75% of peers

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 0.46× · Cheaper than 75% of peers
P/S (TTM) 0.59× · Cheaper than median
PEG 13.48× · 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 20
FUTURE 90 · sector 29
PAST 0 · sector 36
HEALTH 62 · sector 97
DIVIDEND 0 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Shenzhen Das Intellitech Co (002421) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥1.10 versus a price of ¥3.41, about −68% (overvalued).
What is the fair value of 002421?
Our model-based fair value for Shenzhen Das Intellitech Co is ¥1.10 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥3.41.
What is the quality score of 002421?
Shenzhen Das Intellitech Co has a Quality Score of 35/100. 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 Shenzhen Das Intellitech Co (002421)?
Shenzhen Das Intellitech Co reported trailing-twelve-month revenue of about 2.1B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002421?
The net profit margin of Shenzhen Das Intellitech Co is about -29.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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