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Jiangsu Zhongchao Holding (002471) Fair Value & Analysis

Industrials · CN · Market cap 9.7B CNY

JZ Jiangsu Zhongchao Holding 002471 · SHE
Price¥5.80
Fair Value¥1.21
Upside-79.1%
Quality38/100
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Weak Growth
Loss-making · -0.1% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/12)
Narrow moat 21/100
Evidence: High Range ¥1.11 – ¥1.30 Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Share price +2.8% over the past month.

Below-average quality, and screening another 79% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.30). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

¥10.75 ¥1.85 Fair Value ¥1.21 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 ¥1.85 – ¥10.75 · fair‑value band ¥1.11 – ¥1.30 · the ¥5.80 price screens above the ¥1.21 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

Jiangsu Zhongchao Holding (002471) currently trades at ¥5.80, while our model-based Fair Value estimate is ¥1.21, implying the stock looks roughly 79.1% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Industrials 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, Jiangsu Zhongchao Holding generated revenue of 5.4B CNY at a net margin of -0.1%. Revenue grew 21.6% year over year. It earns a return on equity of -0.5%. Net debt stands at 953M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥1.11 (bear case) to ¥1.30 (bull case); at ¥5.80, 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 47% below its 52-week high and 43% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -79%, 002471 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
Growth DCF ¥1.57 ¥1.99 ¥2.55 80
Rev-Margin DCF ¥1.27 ¥1.62 ¥2.01 74
ROIC Compounder ¥1.08 ¥1.17 ¥1.25 72
All 15 models by family
DCF Models
FCF DCF ¥1.54 ¥2.01 ¥2.65 38
5Y Revenue Exit ¥1.27 ¥1.61 ¥2.02 39
5Y EBITDA Exit ¥1.53 ¥2.07 ¥2.68 41
10Y Revenue Exit ¥1.35 ¥1.67 ¥2.06 36
10Y EBITDA Exit ¥1.52 ¥1.98 ¥2.54 37
Earnings-Based
EPV ¥1.08 ¥1.17 ¥1.25 59
Dividend Discount
Gordon GGM ¥0.5000 ¥0.9600 ¥1.51 70
DDM Multi-Stage ¥0.5000 ¥0.7600 ¥1.02 61
Multiples
EV/EBIT ¥1.40 ¥1.69 ¥1.99 53
EV/EBITDA ¥1.65 ¥2.03 ¥2.41 54
EV/Revenue ¥1.15 ¥1.42 ¥1.69 43
Asset-Based
NCAV (Graham) ¥0.6600 ¥0.8800 ¥1.31 50
Growth DCF
Growth DCF ¥1.57 ¥1.99 ¥2.55 80
Rev-Margin DCF ¥1.27 ¥1.62 ¥2.01 74
Economic Profit
ROIC Compounder ¥1.08 ¥1.17 ¥1.25 72

Widest divergence: DCF Models (¥1.98) versus Dividend Discount (¥0.7600). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.4B CNY
Revenue growth (YoY) +21.6%
Net margin -0.1%
Return on equity -0.5%
Free cash flow 136M CNY FY2025
Operating margin 1.3%
More key figures
EPS growth (YoY) +277%
Net debt 953M CNY FY2025

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 33

Profitability 26
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 31
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

Jiangsu Zhongchao Holding Co., Ltd. engages in the research, development, production, sale, and servicing of wires and cables in China and internationally.

Full company description

Jiangsu Zhongchao Holding Co., Ltd. engages in the research, development, production, sale, and servicing of wires and cables in China and internationally. The company offers electrical equipment wires and cables, bare wires and cable materials, and cable accessories; 1-35kV cross-linked polyethylene insulated power cables, medium and low voltage power cables, 66kV and above high-voltage cross-linked polyethylene insulated power cables, 110kV-500kV ultra-high voltage cables, aluminum alloy cables, and photovoltaic cables; flame-retardant, fire-resistant, and fireproof cables; and graphene cable materials. It also provides PVC insulated power cables, XLPE insulated power cables, insulated overhead cables, parallel bundled overhead cables, plastic insulated control cables, rated cables 450/750V and below, silicone rubber insulated power cables, and fluoroplastic insulated power cables; special cables for urban rail; automatic temperature control cables; compensating wires and cables; network data communication cables; and variable frequency cables, overhead conductors, general rubber-sheathed flexible cables, branch cables, and intrinsically safe cables. In addition, the company engages in technology development and internet culture management activities. Its products are used in urban and rural power grid construction and transformation projects; and power transmission, equipment power supply, instrument and equipment control, overhead lines, and rural power grid upgrade applications. The company exports its products to India, Saudi Arabia, Vietnam, Australia, Oman, Sudan, Tanzania, Nigeria, Kenya, Sri Lanka, Mauritius, South Africa, Brazil, Cyprus, Zambia, and other countries. The company was formerly known as Jiangsu Zhongchao Cable Corporation and changed its name to Jiangsu Zhongchao Holding Co., Ltd. in September 2015. Jiangsu Zhongchao Holding Co., Ltd. was founded in 1996 and is based in Yixing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Zhongchao Holding reported revenue of ¥5.2B in FY2025 versus ¥5.9B in FY2021, a compound −3.1%/yr. Reported net income was −¥22.6M in FY2025.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
5.2B CNY
Latest YoY
−5.8%
Avg. growth/yr (3Y)
−4.2%
Avg. growth/yr (5Y)
−1.0%
Avg. growth/yr (18Y)
+12.1%
Revenue −3.1%/yr
FY21 ¥5.9B
FY22 ¥5.9B
FY23 ¥6.1B
FY24 ¥5.5B
FY25 ¥5.2B
Net income
FY21 ¥27.4M
FY22 −¥47.9M
FY23 ¥251M
FY24 −¥21.4M
FY25 −¥22.6M

002471 screens 79% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Jiangsu Zhongchao Holding Fair Value". https://www.fairvalue-calculator.com/stock/002471

Peer Group

Electrical Equipment & Parts · 528 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 38 · Bottom 25%
Fair Value upside −79% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 1% · Below median
Revenue growth 22% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/B 0.80× · Cheaper than 75% of peers
P/S (TTM) 0.27× · Cheaper than 75% of peers
P/FCF 10.6× · Pricier than median
EV/EBITDA 5.0× · Cheaper 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 0
FUTURE 100 · sector 57
PAST 0 · sector 26
HEALTH 99 · sector 97
DIVIDEND 0 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Jiangsu Zhongchao Holding (002471) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥1.21 versus a price of ¥5.80, about −79% (overvalued).
What is the fair value of 002471?
Our model-based fair value for Jiangsu Zhongchao Holding is ¥1.21 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥5.80.
What is the quality score of 002471?
Jiangsu Zhongchao Holding has a Quality Score of 38/100. 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 Jiangsu Zhongchao Holding (002471)?
Jiangsu Zhongchao Holding reported trailing-twelve-month revenue of about 5.4B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002471?
The net profit margin of Jiangsu Zhongchao Holding is about -0.1%, 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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