EN DE

Aoshikang Technology Co (002913) Fair Value & Analysis

Technology · CN · Market cap 15.8B CNY

AT Aoshikang Technology Co 002913 · SHE
Price¥55.42
Fair Value¥29.26
Upside-47.2%
Quality56/100
Watch Aoshikang Technology Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 3.8% net margin
Low debt · negative free cash flow
0.63% dividend yield
Trails peers (4/13)
Narrow moat 34/100
Evidence: Medium Range ¥21.94 – ¥36.58 Share as image

Fair value as of: Aug 7, 2026

From 15 valuation models · updated yesterday

Fair value updated Aug 7, 2026, revised from ¥19.40 to ¥29.26 (+50.8%) since Jul 22, 2026. Share price +3.2% over the past month.

A solid business, but screening 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥36.58). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥70.03 ¥19.18 Fair Value ¥29.26 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 7, 2026.

How to read this chart

60‑month range ¥19.18 – ¥70.03 · fair‑value band ¥21.94 – ¥36.58 · the ¥55.42 price screens above the ¥29.26 fair value. Dashed = 300-day average. As of Aug 7, 2026.

Full chart & analysis →

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

Analysis

Aoshikang Technology Co (002913) currently trades at ¥55.42, while our model-based Fair Value estimate is ¥29.26, implying the stock looks roughly 47.2% overvalued today. We read business quality at 56/100 (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: medium).

Over the trailing twelve months, Aoshikang Technology Co generated revenue of 5.7B CNY at a net margin of 3.8%. Revenue grew 12.8% year over year. It earns a return on equity of 4.3%. Net debt stands at 237M CNY. Fundamentals as of Aug 7, 2026

Our scenario range runs from ¥21.94 (bear case) to ¥36.58 (bull case); at ¥55.42, 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 8% below its 52-week high and 102% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -47%, 002913 screens cheaper 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
Residual Income ¥11.32 ¥11.90 ¥12.70 76
ROIC Compounder ¥15.80 ¥21.77 ¥27.09 72
Growth-Adj P/E ¥16.99 ¥24.27 ¥31.55 68
All 15 models by family
DCF Models
Owner Earnings ¥13.01 ¥25.76 ¥51.40 31
Earnings-Based
Graham-Dodd ¥6.60 ¥42.40 ¥59.30 54
Lynch FV ¥12.29 ¥17.56 ¥22.83 50
PEG = 1.0 ¥12.29 ¥17.56 ¥22.83 46
EPV ¥14.98 ¥17.14 ¥19.03 59
Multiples
P/E Multiple ¥14.55 ¥19.40 ¥24.26 63
P/S Multiple ¥12.37 ¥16.49 ¥20.62 58
P/B Multiple ¥12.37 ¥16.49 ¥20.62 55
EV/EBIT ¥22.60 ¥29.47 ¥36.33 53
EV/EBITDA ¥30.33 ¥39.77 ¥49.21 54
EV/Revenue ¥15.89 ¥21.84 ¥27.79 43
Asset-Based
NCAV (Graham) ¥7.00 ¥9.38 ¥14.00 50
Economic Profit
Residual Income ¥11.32 ¥11.90 ¥12.70 76
ROIC Compounder ¥15.80 ¥21.77 ¥27.09 72
Growth Earnings
Growth-Adj P/E ¥16.99 ¥24.27 ¥31.55 68

Widest divergence: DCF Models (¥25.76) versus Asset-Based (¥9.38). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 5.7B CNY
Revenue growth (YoY) +12.8%
Net margin 3.8%
Return on equity 4.3%
Free cash flow −254M CNY FY2025
P/E ratio 73.4
More key figures
Operating margin 8.5%
EPS (TTM) ¥0.6800
Dividend yield 0.6%
EPS growth (YoY) -82.9%
Net debt 237M CNY FY2025

Figures from reported company fundamentals · as of Aug 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 50 · Market factors (momentum, volatility) 67

Profitability 33
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 80
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.

About the company

Aoshikang Technology Co., Ltd. engages in the research, development, production, and sale of printed circuit boards. It manufactures and sells automotive electronics, ICT communications, energy, medical, industrial control, and HDI, and printed circuit boards that are used in 5G base stations, data computing and storage, automotive electronics, …

Full company description

Aoshikang Technology Co., Ltd. engages in the research, development, production, and sale of printed circuit boards. It manufactures and sells automotive electronics, ICT communications, energy, medical, industrial control, and HDI, and printed circuit boards that are used in 5G base stations, data computing and storage, automotive electronics, telecommunications and networks, and industrial control, as well as security, consumer and smart terminals, and other fields. The company was formerly known as Aoshikang Technology (Yiyang) Co., Ltd. Aoshikang Technology Co., Ltd. was founded in 2008 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aoshikang Technology Co reported revenue of ¥5.5B in FY2025 versus ¥4.4B in FY2021, a compound +5.7%/yr. Reported net income was ¥308M in FY2025, compounding −11.0%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.5B CNY
Latest YoY
+21.1%
Avg. growth/yr (3Y)
+6.6%
Avg. growth/yr (5Y)
+13.7%
Avg. growth/yr (12Y)
+20.2%
Revenue +5.7%/yr
FY21 ¥4.4B
FY22 ¥4.6B
FY23 ¥4.3B
FY24 ¥4.6B
FY25 ¥5.5B
Net income −11.0%/yr
FY21 ¥490M
FY22 ¥307M
FY23 ¥519M
FY24 ¥353M
FY25 ¥308M

002913 screens 47% overvalued. Compare with Delta Electronics, Inc →

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). "Aoshikang Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/002913

Peer Group

Electronic Components · 625 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 56 · Above median
Fair Value upside −47% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.16× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 73.4× · Pricier than 75% of peers
P/B 3.57× · Pricier than median
P/S (TTM) 2.79× · Pricier than median
EV/EBITDA 19.1× · Pricier than median

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 64 · sector 32
PAST 17 · sector 24
HEALTH 92 · sector 95
DIVIDEND 13 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 7, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

Compare Aoshikang Technology Co 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

Frequently asked questions

Is Aoshikang Technology Co (002913) overvalued or undervalued?
As of Aug 7, 2026, our model estimates a fair value of ¥29.26 versus a price of ¥55.42, about −47% (overvalued).
What is the fair value of 002913?
Our model-based fair value for Aoshikang Technology Co is ¥29.26 (as of Aug 7, 2026), built from audited fundamentals. The current price is ¥55.42.
What is the quality score of 002913?
Aoshikang Technology Co has a Quality Score of 56/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Aoshikang Technology Co (002913)?
Aoshikang Technology Co reported trailing-twelve-month revenue of about 5.7B CNY (latest available figure, as of Aug 7, 2026).
What is the net profit margin of 002913?
The net profit margin of Aoshikang Technology Co is about 3.8%, meaning it keeps roughly 3.8% of revenue as net income. Based on the latest reported figures.
Does Aoshikang Technology Co pay a dividend?
Aoshikang Technology Co currently shows a dividend yield of about 0.55% relative to its recent price (as of Aug 7, 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.

14 days Pro free · no card

Track Aoshikang Technology Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.