Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd ¥2.88, price ¥21.86, upside -86.8%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥7.33 – ¥30.07 · fair‑value band ¥1.47 – ¥3.60 · the ¥21.86 price screens above the ¥2.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. engages in the research, development, production, and sale of precision cleaning equipment in China.
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Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. engages in the research, development, production, and sale of precision cleaning equipment in China. Its products portfolio includes ultrasonic cleaning equipment, which include auto part, optical, electronic product, medical product, new energy, aerospace, cleaning, hydrocarbon cleaning, spray washing machine, and mixing cleaning machine series; and spray, TFT, ITO, LCD, thin film solar, and automobile glass cleaning equipment, as well as panel cleaning machine, crystalline silicon solar equipment, and other flat plate cleaning machine. The company also offers surface treatment and water treatment equipment, and after sales services. Its products are used in consumer electronics, flat panel displays, auto parts, photovoltaics, equipment manufacturing, home appliances, aerospace, optics, semiconductors, and other industries. The company was formerly known as Shenzhen HEKEDA Liquid Crystal Equipment Co., Ltd. and changed its name to Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. in December 2012. Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. was founded in 1994 and is headquartered in Shenzhen, China.
Stock analysis
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) currently trades at ¥21.86, while our model-based Fair Value estimate is ¥2.88, 86.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥8.10 per share, and 0 of the 25 models we run sit above the ¥21.86 price.
Bear case: the Growth DCF group reads lowest at ¥1.00, and 25 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥1.47 (bear) to ¥3.60 (bull), the price of ¥21.86 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 66/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd reported revenue of 267M CNY in FY2025 versus 200M CNY in FY2021, a compound +7.5%/yr. Reported net income was 17.7M CNY in FY2025, compounding +7.5%/yr from FY2021.
Key figures
Market cap 2.6B CNY (≈ $388M) · P/E ratio 218.6 · P/S ratio 14.5 · EPS (TTM) ¥0.1000 · Dividend yield 0.0% · Net margin 6.6% · Return on equity 4.1% · Return on assets (EBIT) −8.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at −87%, 002816 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.1300 to ¥8.39). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ¥1.47Fair Value ¥2.88Bull ¥3.60
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.0756 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+45.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+12.2%
Start year 2020 (pandemic). Over 10 years: −3.1% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.5%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+5.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.9%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5.9% vs −10.2%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−28% → 3%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 11.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Shenzhen HeKeda Precision Cleaning Equipment Co Ltd with another stock
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Peer Groupⓘ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.Specialty Industrial Machinery · 789 stocks
Beats the industry median on 2/12 measures
Overall it trails its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−86.8% · Bottom 25%
Profitability
Return on equity (TTM)4.1% · Below median
Return on assets1.3% · Below median
Net margin (TTM)3.7% · Below median
Operating margin (TTM)−6.7% · Bottom 25%
Growth and dividend
Revenue growth41.4% · Top 25%
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.09× · Above median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (TTM)218.6× · Priciest 25%
P/B10.73× · Priciest 25%
P/S (TTM)9.24× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 30
PAST (return on equity)16· sector 28
HEALTH (low debt)95· sector 96
DIVIDEND (yield)1· sector 26
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Shenzhen HeKeda Precision Cleaning Equipment Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002816
Frequently asked questions
Is Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥2.88 versus a price of ¥21.86, about −87% upside (overvalued).
What is the fair value of 002816?
Our model-based fair value for Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is ¥2.88 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥21.86.
What is the quality score of 002816?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd has a Quality Score of 66/100. 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 price target for Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Our model-based price target is the fair value of ¥2.88 (as of Sep 24, 2026) from 25 valuation models. Cautious scenario ¥1.47, optimistic scenario ¥3.60. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenzhen HeKeda Precision Cleaning Equipment Co Ltd stock forecast for 2026?
Our models put fair value at ¥2.88, about −87% upside versus a price of ¥21.86 (overvalued). Cautious scenario ¥1.47, optimistic scenario ¥3.60. The calculation is refreshed regularly with new filings.
What is the revenue of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd reported trailing-twelve-month revenue of about 281M CNY (latest available figure, as of Sep 24, 2026).
Does Shenzhen HeKeda Precision Cleaning Equipment Co Ltd pay a dividend?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd currently shows a dividend yield of about 0.04% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenzhen HeKeda Precision Cleaning Equipment Co Ltd it is ¥2.88 per share (as of Sep 24, 2026), against a price of ¥21.86. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Shenzhen HeKeda Precision Cleaning Equipment Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 002816 trades above its calculated fair value: price ¥21.86, fair value ¥2.88, a gap of about −87% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 002816?
No. The price is what the market pays today (¥21.86); the fair value is what the company's own numbers justify (¥2.88). For Shenzhen HeKeda Precision Cleaning Equipment Co Ltd the two are ¥18.98 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenzhen HeKeda Precision Cleaning Equipment Co Ltd worth?
The market values Shenzhen HeKeda Precision Cleaning Equipment Co Ltd at about 2.6B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥21.86; our models calculate a fair value of ¥2.88 per share.
What do the bullish and bearish scenarios say about 002816?
Our models span a range for Shenzhen HeKeda Precision Cleaning Equipment Co Ltd: cautious scenario ¥1.47, base ¥2.88, optimistic ¥3.60 per share (as of Sep 24, 2026, price ¥21.86). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 002816?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd trades at a price-to-earnings ratio of 218.6 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥2.88 is built from several models across several years. Other multiples: P/B 10.7, P/S 9.2.
How solid is the balance sheet of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Balance-sheet figures for Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (as of Sep 24, 2026): return on equity 4.1%, debt of 0.09 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 002816 from its 52-week high?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd trades at ¥21.86, about 27% below its 52-week high of ¥30.07 and 15% above the low of ¥19.05 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥2.88 is for.
Which stocks are comparable to Shenzhen HeKeda Precision Cleaning Equipment Co Ltd?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Shenzhen HeKeda Precision Cleaning Equipment Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price ¥21.86, calculated fair value ¥2.88 (−87%), Quality Score 66/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 002816 calculated?
We run Shenzhen HeKeda Precision Cleaning Equipment Co Ltd through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥2.88, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Shenzhen HeKeda Precision Cleaning Equipment Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The closing price on Sep 30, 2026 was ¥21.86. Our model-based fair value is ¥2.88, about −87% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenzhen HeKeda Precision Cleaning Equipment Co Ltd right now?
The price sits above even our optimistic bull case (¥3.60). 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 (66/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥1.47 to ¥3.60) leaves room in how you read the outcome.
Key figures of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
How large is the market capitalisation of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The market capitalisation of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 2.6B CNY (≈ $388M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The price-to-sales ratio of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 14.5 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Earnings per share at Shenzhen HeKeda Precision Cleaning Equipment Co Ltd are ¥0.1000 (price ÷ EPS = P/E 218.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The dividend yield of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 0.0% (payout 8.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The net margin of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 6.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The return on equity (ROE) of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 4.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
On an EBIT basis the return on assets of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is −8.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
The operating margin of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is −6.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816)?
Revenue at Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is growing +41.4% versus a year earlier (3y avg +45.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) generate?
The free cash flow of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd is 1.5M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) hold?
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd holds more cash than debt, 19.8M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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