EN DE

HiVi Acoustics Technology Co Ltd (002888) Fair Value & Analysis

Technology · CN · Market cap 2.8B CNY (≈ $425M) · ISIN CNE1000032H8

HA HiVi Acoustics Technology Co Ltd 002888 · SHE
Price¥19.00
Fair Value¥2.21
Upside-88.4%
Quality52/100

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.

Watch HiVi Acoustics Technology Co Ltd for free, get notified when fair value or trend changes. Watch for free

Risks

!Trades 760% ABOVE our fair value of ¥2.21
!Weak Growth (revenue 5y +0.7 %/yr)
!Thin margins · 6.9% net margin
!negative free cash flow
Weak Growth (revenue 5y +0.7 %/yr)
Thin margins · 6.9% net margin
negative free cash flow
0.68% dividend yield
Trails peers (3/11)
Narrow moat 27/100
Evidence: High Range ¥1.79 – ¥2.65 Share as image

Fair value as of: Aug 24, 2026

From 15 valuation models · updated 4 days ago

Share price +20.8% over the past month.

A solid business, but trading 760% above our fair value.

What runs behind every stock

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

Track HiVi Acoustics Technology Co Ltd and get told automatically when its fair value or trend turns, plus fair value for all 35,000+ stocks. 14 days of Pro free, no card. Track it free

What matters now

  • The price sits above even our optimistic bull case (¥2.65). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥27.45 ¥9.05 Fair Value ¥2.21 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range ¥9.05 – ¥27.45 · fair‑value band ¥1.79 – ¥2.65 · the ¥19.00 price screens above the ¥2.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

HiVi Acoustics Technology Co Ltd (002888) currently trades at ¥19.00, while our model-based Fair Value estimate is ¥2.21, implying the stock looks roughly 88.4% overvalued today. The Quality Score stands at 52/100 (solid 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: high).

Over the trailing twelve months, HiVi Acoustics Technology Co Ltd generated revenue of 266M CNY at a net margin of 6.9%. Revenue declined 14.4% year over year. It earns a return on equity of 4.8%. The balance sheet holds a net cash position of 40.2M CNY. Fundamentals as of Aug 24, 2026

Our scenario range runs from ¥1.79 (bear case) to ¥2.65 (bull case); at ¥19.00, 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 26% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -21% fair-value upside, at -88%, 002888 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 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
Residual Income ¥2.01 ¥2.07 ¥2.03 76
Gordon GGM ¥1.79 ¥2.22 ¥2.66 70
Growth-Adj P/E ¥1.67 ¥2.38 ¥3.09 68
All 15 models by family
DCF Models
Owner Earnings ¥1.83 ¥2.38 ¥3.40 31
Earnings-Based
Graham-Dodd ¥0.9700 ¥1.66 ¥2.02 54
EPV ¥0.9100 ¥1.03 ¥1.13 59
Dividend Discount
Gordon GGM ¥1.79 ¥2.22 ¥2.66 70
DDM Multi-Stage ¥1.79 ¥2.38 ¥3.07 61
Multiples
P/E Multiple ¥2.36 ¥3.15 ¥3.94 63
P/S Multiple ¥1.67 ¥2.23 ¥2.79 58
P/B Multiple ¥1.83 ¥2.44 ¥3.04 55
EV/EBIT ¥1.43 ¥1.85 ¥2.28 53
EV/EBITDA ¥1.79 ¥2.34 ¥2.88 54
EV/Revenue ¥1.02 ¥1.39 ¥1.75 43
Asset-Based
NCAV (Graham) ¥1.30 ¥1.74 ¥2.60 50
Economic Profit
Residual Income ¥2.01 ¥2.07 ¥2.03 76
ROIC Compounder ¥0.9100 ¥1.03 ¥1.13 67
Growth Earnings
Growth-Adj P/E ¥1.67 ¥2.38 ¥3.09 68

Widest divergence: DCF Models (¥2.38) versus Earnings-Based (¥1.03). Highest evidence: Residual Income (76).

Notify me when 002888 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 158.3
P/S ratio 12.2 P/E × margin
EPS (TTM) ¥0.1200 price ÷ EPS = P/E 158.3
Dividend yield 0.7% payout 108%
Net margin 7.7% FY2025
Return on equity 4.8% TTM
More key figures
Profitability
Return on assets (EBIT) 1.7% avg 5y
Operating margin -4.8% TTM
Growth
Revenue (TTM) 266M CNY TTM
Revenue growth (YoY) -14.4% 3y avg +6.6%
EPS growth (YoY) +22.3%
Balance sheet & cash flow
Free cash flow −2.0M CNY FY2025
Net cash 40.2M CNY FY2024

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 34

Profitability 36
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 41
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

HiVi Acoustics Technology Co., Ltd engages in the research, development, and sale of electro-acoustic products in China and internationally.

Full company description

HiVi Acoustics Technology Co., Ltd engages in the research, development, and sale of electro-acoustic products in China and internationally. It offers Hi-Fi and speaker drivers, home theater speaker systems, active speakers, amplifiers, wifi speakers, headphones, car speakers and amplifiers, pro audio speakers, public address systems, and speaker enclosures, as well as solutions for digital sound reproduction. HiVi Acoustics Technology Co., Ltd was formerly known as Guangzhou du xi electric co., ltd. The company was founded in 1997 and is based in Zhuhai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HiVi Acoustics Technology Co Ltd reported revenue of ¥274M in FY2025 versus ¥289M in FY2021, a compound −1.3%/yr. Reported net income was ¥21.2M in FY2025, compounding −5.0%/yr from FY2021.

Growth Quality 26/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
274M CNY
Latest YoY
+1.2%
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.
+6.6%
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.
+0.7%
Avg. revenue growth/yr (13Y) 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.
+2.8%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−3.2% (-3.9 + 0.7)
Revenue −1.3%/yr
FY21 ¥289M
FY22 ¥226M
FY23 ¥223M
FY24 ¥271M
FY25 ¥274M
Net income −5.0%/yr
FY21 ¥26.0M
FY22 −¥14.6M
FY23 −¥5.5M
FY24 ¥9.9M
FY25 ¥21.2M

002888 screens 88% overvalued. Compare with Samsung Electronics Co →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "HiVi Acoustics Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002888

Peer Group

Consumer Electronics · 131 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 52 · Above median
Fair Value upside −88% · Bottom 25%
Return on equity (TTM) 5% · Above median
Return on assets 1% · Below median
Net margin (TTM) 7% · Top 25%
Operating margin (TTM) -5% · Below median
Revenue growth -14% · Bottom 25%
Dividend yield (TTM) 0.7% · Bottom 25%

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/E (TTM) 158.3× · Pricier than 75% of peers
P/B 7.43× · Pricier than 75% of peers
P/S (TTM) 10.70× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 7
FUTURE0 · sector 5
PAST19 · sector 15
HEALTH0 · sector 97
DIVIDEND14 · sector 41

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 Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Samsung Electronics Co 005930 266,000 KRW 163,160 KRW -39%
Sony Group SONY $23.92 $28.74 +20%
Xiaomi Corporation 81810 HK$23.56 HK$29.85 +27%
LG Electronics Inc 066570 198,300 KRW 98,149 KRW -51%
Sharetronic Data Technology Co 300857 ¥249.80 ¥35.52 -86%
Huaqin Co 603296 ¥78.49 ¥39.69 -49%
Goertek Inc 002241 ¥22.11 ¥21.02 -5%
LG Corp 003550 113,700 KRW 89,984 KRW -21%
Shenzhen Transsion Holdings 688036 ¥58.89 ¥56.82 -4%
Anker Innovations Limited 300866 ¥118.42 ¥78.13 -34%

Compare HiVi Acoustics Technology Co Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Fama-French 3-Factor Model Calculator Run the Fama-French 3-factor model in seconds: expected return from the market, size and value factors - free, with formula, betas and an example. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is HiVi Acoustics Technology Co Ltd (002888) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of ¥2.21 versus a price of ¥19.00, about −88% (overvalued).
What is the fair value of 002888?
Our model-based fair value for HiVi Acoustics Technology Co Ltd is ¥2.21 (as of Aug 24, 2026), built from audited fundamentals. The current price: ¥19.00.
What is the quality score of 002888?
HiVi Acoustics Technology Co Ltd has a Quality Score of 52/100. 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 HiVi Acoustics Technology Co Ltd (002888)?
HiVi Acoustics Technology Co Ltd reported trailing-twelve-month revenue of about 266M CNY (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 002888?
The net profit margin of HiVi Acoustics Technology Co Ltd is about 6.9%, meaning it keeps roughly 6.9% of revenue as net income. Based on the latest reported figures.
Does HiVi Acoustics Technology Co Ltd pay a dividend?
HiVi Acoustics Technology Co Ltd currently shows a dividend yield of about 0.68% relative to its recent price (as of Aug 24, 2026).

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.

Free · no account needed

Watch HiVi Acoustics Technology Co Ltd in the live analysis

One click puts HiVi Acoustics Technology Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.