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Tongding Interconnection Information (002491) Fair Value & Analysis

Industrials · CN · Market cap 31.5B CNY (≈ $4.7B) · ISIN CNE100000VR5

What is Tongding Interconnection Information really worth?

TI Tongding Interconnection Information 002491 · SHE
Price¥20.38
Fair Value¥2.33
Upside−88.6%
Quality49/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Below-average quality, and trading another 775% above our fair value of ¥2.33.

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Risks

!Weak Growth (revenue 5y −1.0 %/yr)
!Loss-making · -4.1% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (7/12)
!Narrow moat 23/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 5 out of 100
Evidence: Low Range ¥1.96 – ¥2.74

Fair value as of: Aug 25, 2026

From 8 valuation models · updated 11 days ago

Share price +39.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (¥2.74). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥38.50 ¥3.04 Fair Value ¥2.33 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 25, 2026.

How to read this chart

60‑month range ¥3.04 – ¥38.50 · fair‑value band ¥1.96 – ¥2.74 · the ¥20.38 price screens above the ¥2.33 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 25, 2026.

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Analysis

Tongding Interconnection Information (002491) currently trades at ¥20.38, while our model-based Fair Value estimate is ¥2.33, implying the stock looks roughly 774.9% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials sector. Bull case: the Multiples group reads highest at a median of ¥4.55 per share, and 0 of the 8 models we run sit above the ¥20.38 price. Bear case: the Dividend Discount group reads lowest at ¥0.8000, and 8 of the 8 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Tongding Interconnection Information generated revenue of 3.8B CNY at a net margin of −4.1%. Revenue grew 61.1% year over year. It earns a return on equity of −4.9%. Net debt stands at 1.3B CNY. Fundamentals as of Aug 25, 2026

Our scenario range runs from ¥1.96 (bear case) to ¥2.74 (bull case); at ¥20.38, 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 29% below its 52-week high and 325% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at −89%, 002491 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
EPV best evidence ¥1.94 ¥2.19 ¥2.40 74
ROIC Compounder ¥1.94 ¥2.25 ¥2.61 72
Gordon GGM ¥0.5400 ¥0.9100 ¥1.33 67
All 8 models by family
Earnings-Based
EPV best evidence ¥1.94 ¥2.19 ¥2.40 74
Dividend Discount
Gordon GGM ¥0.5400 ¥0.9100 ¥1.33 67
DDM Multi-Stage ¥0.5400 ¥0.8000 ¥1.08 66
Multiples
EV/EBIT ¥3.54 ¥4.55 ¥5.56 66
EV/EBITDA ¥3.83 ¥4.95 ¥6.06 67
EV/Revenue ¥2.03 ¥2.69 ¥3.35 54
Asset-Based
NCAV (Graham) ¥1.00 ¥1.34 ¥2.01 54
Economic Profit
ROIC Compounder ¥1.94 ¥2.25 ¥2.61 72

Widest divergence: Multiples (¥4.55) versus Dividend Discount (¥0.8000). Highest evidence: EPV (74).

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Key figures & financial health

P/S ratio 8.25 TTM
EPS (TTM) ¥−0.1300
Dividend yield 0.2%
Net margin −2.2% FY2025
Return on equity −4.9% TTM
Return on assets (EBIT) 0.5% avg 5y
More key figures
Profitability
Operating margin 17.0% TTM
Growth
Revenue (TTM) 3.8B CNY TTM
Revenue growth (YoY) +61.1% 3y avg +1.0%
EPS growth (YoY) −61.0%
Balance sheet & cash flow
Free cash flow −602K CNY FY2025
Net debt 1.3B CNY FY2025

Figures from reported company fundamentals · as of Aug 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 46 · Market factors (momentum, volatility) 72

Profitability 17
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 81
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 83
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Tongding Interconnection Information Co., Ltd. engages in the optical and electrical cables and supporting, broadband access, network security, big data, and Internet of Things businesses in the People's Republic of China and internationally.

Full company description

Tongding Interconnection Information Co., Ltd. engages in the optical and electrical cables and supporting, broadband access, network security, big data, and Internet of Things businesses in the People's Republic of China and internationally. The company offers optical preform, and fiber and cable products; copper medium and low voltage power cables for urban underground power grid, power stations, outlet line of substations, and industrial and mining enterprises internal power supply; optical and electrical cable products for railway and urban rail transit signal systems; and 5G network services. The company was formerly known as Jiangsu Tongding Optic-Electronic Co., Ltd. and changed its name to Tongding Interconnection Information Co., Ltd. in January 2015. Tongding Interconnection Information Co., Ltd. was founded in 1999 and is based in Suzhou, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tongding Interconnection Information reported revenue of 3.4B CNY in FY2025 versus 3.0B CNY in FY2021, a compound +3.5%/yr. Reported net income was −76.4M CNY in FY2025.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.4B CNY
Latest YoY
+18.4%
Avg. revenue growth/yr (3Y) 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.
+1.0%
Avg. revenue growth/yr (5Y) 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.
−1.0%
Avg. revenue growth/yr (18Y) 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.
+11.5%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +3.5%/yr
FY21 3.0B CNY
FY22 3.3B CNY
FY23 3.3B CNY
FY24 2.9B CNY
FY25 3.4B CNY
Net income
FY21 −610M CNY
FY22 125M CNY
FY23 237M CNY
FY24 77.3M CNY
FY25 −76.4M CNY
Character of growth · EPS growth decomposed (2013-2024) −5.6 % p.a.
Revenue per share −1.3 %

of which total revenue +0.1 % · buybacks/dilution −1.4 %

EBIT margin −5.4 %
Tax rate +1.0 %
Residual (interest, one-offs) +0.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

002491 screens 775% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Tongding Interconnection Information Fair Value". https://www.fairvalue-calculator.com/stock/002491

Peer Group

Electrical Equipment & Parts · 543 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 49 · Below median
Fair Value upside −89% · Bottom 25%
Return on assets 3% · Above median
Net margin (TTM) −4% · Bottom 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 61% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.03× · Lower than median

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

P/B 1.90× · Cheaper than median
P/S (TTM) 1.23× · Cheaper than median
EV/EBITDA 11.3× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 56
PAST0 · sector 26
HEALTH98 · sector 97
DIVIDEND5 · sector 23

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

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 25, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 −40%
ABB Ltd ABBN CHF 80.10 CHF 28.70 −64%
Delta Electronics (Thailand) Public Company TDED 10.40 SGD 1.47 SGD −86%
Vertiv Holdings VRT $257.08 $63.13 −75%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW −45%
Prysmian S.p.A PRY €117.10 €84.15 −28%
Legrand SA LR €139.65 €78.82 −44%
Sungrow Power Supply Co 300274 ¥86.40 ¥123.83 +43%
Hubbell Incorporated HUBB $443.31 $285.77 −36%
Shenzhen Inovance Technology Co 300124 ¥61.07 ¥33.04 −46%

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Frequently asked questions

Is Tongding Interconnection Information (002491) overvalued or undervalued?
As of Aug 25, 2026, our model estimates a fair value of ¥2.33 versus a price of ¥20.38, about −89% upside (overvalued).
What is the fair value of 002491?
Our model-based fair value for Tongding Interconnection Information is ¥2.33 (as of Aug 25, 2026), built from audited fundamentals. The current price: ¥20.38.
What is the quality score of 002491?
Tongding Interconnection Information has a Quality Score of 49/100. 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 Tongding Interconnection Information (002491)?
Tongding Interconnection Information reported trailing-twelve-month revenue of about 3.8B CNY (latest available figure, as of Aug 25, 2026).
What is the net profit margin of 002491?
The net profit margin of Tongding Interconnection Information is about −4.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Tongding Interconnection Information pay a dividend?
Tongding Interconnection Information currently shows a dividend yield of about 0.23% relative to its recent price (as of Aug 25, 2026).
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