EN DE

China Leadshine Technology Co (002979) Fair Value & Analysis

Industrials · CN · Market cap 16.7B CNY

CL China Leadshine Technology Co 002979 · SHE
Price¥60.82
Fair Value¥12.47
Upside-79.5%
Quality62/100
Watch China Leadshine Technology Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Solidly profitable · 12.0% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Moderate moat 55/100
Evidence: High Range ¥9.33 – ¥15.62 Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥13.99 to ¥12.47 (−10.9%) since Jun 25, 2026. Share price −12.2% over the past month.

A solid business, but screening 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.62). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥69.55 ¥11.84 Fair Value ¥12.47 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 ¥11.84 – ¥69.55 · fair‑value band ¥9.33 – ¥15.62 · the ¥60.82 price screens above the ¥12.47 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 →

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

Analysis

China Leadshine Technology Co (002979) currently trades at ¥60.82, while our model-based Fair Value estimate is ¥12.47, implying the stock looks roughly 79.5% overvalued today. The Quality Score stands at 62/100 (solid 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, China Leadshine Technology Co generated revenue of 2.0B CNY at a net margin of 12.0%. Revenue grew 34.5% year over year. It earns a return on equity of 14.4%. Net debt stands at 33.2M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥9.33 (bear case) to ¥15.62 (bull case); at ¥60.82, 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 9% below its 52-week high and 77% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -80%, 002979 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 ¥10.69 ¥20.68 ¥36.35 80
Residual Income ¥5.30 ¥6.39 ¥13.14 76
Rev-Margin DCF ¥9.19 ¥16.05 ¥25.57 74
All 26 models by family
DCF Models
FCF DCF ¥10.94 ¥19.79 ¥40.83 38
Owner Earnings ¥10.23 ¥19.81 ¥38.03 31
5Y Revenue Exit ¥9.19 ¥16.32 ¥26.38 39
5Y EBITDA Exit ¥10.12 ¥18.36 ¥29.19 41
5Y P/E Exit ¥11.33 ¥21.04 ¥32.79 38
10Y Revenue Exit ¥9.41 ¥16.61 ¥28.56 36
10Y EBITDA Exit ¥10.32 ¥18.16 ¥31.06 37
10Y P/E Exit ¥11.15 ¥20.20 ¥34.28 35
Earnings-Based
Graham-Dodd ¥4.87 ¥27.90 ¥38.80 54
Lynch FV ¥7.86 ¥11.23 ¥14.59 50
PEG = 1.0 ¥7.86 ¥11.23 ¥14.59 46
EPV ¥7.87 ¥9.04 ¥10.07 59
Dividend Discount
Gordon GGM ¥3.14 ¥6.53 ¥10.35 70
DDM Multi-Stage ¥3.14 ¥5.50 ¥6.85 61
Multiples
P/E Multiple ¥11.27 ¥15.03 ¥18.78 63
P/S Multiple ¥8.92 ¥11.90 ¥14.87 58
P/B Multiple ¥9.12 ¥12.16 ¥15.21 55
EV/EBIT ¥11.38 ¥14.91 ¥18.43 53
EV/EBITDA ¥10.25 ¥13.39 ¥16.54 54
EV/Revenue ¥8.31 ¥11.52 ¥14.74 43
Asset-Based
NCAV (Graham) ¥2.80 ¥3.76 ¥5.61 50
Growth DCF
Growth DCF ¥10.69 ¥20.68 ¥36.35 80
Rev-Margin DCF ¥9.19 ¥16.05 ¥25.57 74
Economic Profit
Residual Income ¥5.30 ¥6.39 ¥13.14 76
ROIC Compounder ¥9.07 ¥12.75 ¥17.22 72
Growth Earnings
Growth-Adj P/E ¥11.66 ¥16.65 ¥21.65 68

Widest divergence: DCF Models (¥18.36) versus Asset-Based (¥3.76). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.0B CNY
Revenue growth (YoY) +34.5%
Net margin 12.0%
Return on equity 14.4%
Free cash flow 226M CNY FY2025
P/E ratio 68.8
More key figures
Operating margin 15.1%
EPS (TTM) ¥0.7700
EPS growth (YoY) +27.8%
Net debt 33.2M CNY FY2024

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 63 · Market factors (momentum, volatility) 75

Profitability 48
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 88
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 73
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

China Leadshine Technology Co., Ltd., together with its subsidiaries, provides motion control products and solutions in China and internationally. It operates in three segments: Drive Division, Control Division, and Motor Division.

Full company description

China Leadshine Technology Co., Ltd., together with its subsidiaries, provides motion control products and solutions in China and internationally. It operates in three segments: Drive Division, Control Division, and Motor Division. The company offers fieldbus products comprising EtherCAT, EtherNet/IP, CANopen, and Modbus RTU; integrated stepper motors and closed loops, stepper motors, and integrated server motors; stepper drives; and closed loop stepper motors and stepper drives. It also provides controls, such as remote I/O modules, PLCs, and HMIs; motor, encoder, brake, tuning, and communication cables; power supplies and gearboxes; and technical support services. In addition, the company is involved in trading; software development; venture capital; industrial automation products; robot joint module solutions; and dexterous hand solutions. It serves the CNC machinery and laser, and electronics industries; and the 3C manufacturing equipment, semiconductor equipment, robots, PCB/PCBA manufacturing equipment, logistics equipment, special machine tools, packaging equipment, medical equipment, lithium battery equipment, and photovoltaic equipment industries. The company exports its products. China Leadshine Technology Co., Ltd. was incorporated in 1997 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Leadshine Technology Co reported revenue of ¥1.9B in FY2025 versus ¥1.2B in FY2021, a compound +11.7%/yr. Reported net income was ¥225M in FY2025, compounding +0.8%/yr from FY2021.

Growth Quality 92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.9B CNY
Latest YoY
+18.3%
Avg. growth/yr (3Y)
+11.9%
Avg. growth/yr (5Y)
+14.6%
Avg. growth/yr (14Y)
+16.4%
Revenue +11.7%/yr
FY21 ¥1.2B
FY22 ¥1.3B
FY23 ¥1.4B
FY24 ¥1.6B
FY25 ¥1.9B
Net income +0.8%/yr
FY21 ¥218M
FY22 ¥220M
FY23 ¥139M
FY24 ¥200M
FY25 ¥225M

002979 screens 80% overvalued. Compare with Contemporary Amperex Technology 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). "China Leadshine Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/002979

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 62 · Top 25%
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 6% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 35% · Top 25%
Debt / equity 0.08× · Higher than median

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

P/E (TTM) 68.8× · Pricier than 75% of peers
P/B 9.45× · Pricier than 75% of peers
P/S (TTM) 8.30× · Pricier than 75% of peers
P/FCF 11.0× · Pricier than median
EV/EBITDA 56.7× · 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.

VALUE 0 · sector 0
FUTURE 100 · sector 57
PAST 58 · sector 26
HEALTH 96 · sector 97
DIVIDEND 0 · sector 18

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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%

Compare China Leadshine Technology Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 China Leadshine Technology Co (002979) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥12.47 versus a price of ¥60.82, about −80% (overvalued).
What is the fair value of 002979?
Our model-based fair value for China Leadshine Technology Co is ¥12.47 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥60.82.
What is the quality score of 002979?
China Leadshine Technology Co has a Quality Score of 62/100. 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 China Leadshine Technology Co (002979)?
China Leadshine Technology Co reported trailing-twelve-month revenue of about 2.0B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002979?
The net profit margin of China Leadshine Technology Co is about 12.0%, meaning it keeps roughly 12.0% of revenue as net income. 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.

14 days Pro free · no card

Track China Leadshine 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.