Northking Information Technology Co (002987) Fair Value & Analysis
Technology · CN · Market cap 12.1B CNY
Fair value as of: Jul 22, 2026
From 26 valuation models · updated 19 days ago
Fair value updated Jul 22, 2026, revised from ¥6.29 to ¥5.53 (−12.1%) since Jun 25, 2026. Share price +19.3% over the past month.
A solid business, but screening 51% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥6.68). The favourable scenario is already priced in.
- Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
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 ¥4.48 – ¥22.29 · fair‑value band ¥4.38 – ¥6.68 · the ¥11.30 price screens above the ¥5.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.
Analysis
Northking Information Technology Co (002987) currently trades at ¥11.30, while our model-based Fair Value estimate is ¥5.53, implying the stock looks roughly 51.1% overvalued today. The Quality Score stands at 67/100 (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, Northking Information Technology Co generated revenue of 4.8B CNY at a net margin of 6.3%. Revenue declined 0.9% year over year. It earns a return on equity of 10.4%. The balance sheet holds a net cash position of 969M CNY. Fundamentals as of Jul 22, 2026
Our scenario range runs from ¥4.38 (bear case) to ¥6.68 (bull case); at ¥11.30, 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 51% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -51%, 002987 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.
All 26 models by family
Widest divergence: DCF Models (¥8.98) versus Asset-Based (¥1.92). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 69 · Market factors (momentum, volatility) 25
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
Northking Information Technology Co., Ltd. engages in the provision of financial technology services in China and internationally.
Full company description
Northking Information Technology Co., Ltd. engages in the provision of financial technology services in China and internationally. The company offers general software products, such as platforms, image and process management, big data, and artificial intelligence; financial industry application products and solutions, including operations, channel, asset management and related industries, supply chain finance and credit, risk and compliance management, and digital management and innovation services. It also provides consulting services comprising inclusive finance, digital marketing, digital credit, model risk control, and consulting in other fields; software development services, software testing services, IT operations and maintenance services, digital operations services, and marketing and customer services. The company was founded in 2009 and is headquartered in Beijing, China. Northking Information Technology Co., Ltd. operates as a subsidiary of Lhasa Yongdao Investment Management Co., Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Northking Information Technology Co reported revenue of ¥4.8B in FY2025 versus ¥3.1B in FY2021, a compound +12.2%/yr. Reported net income was ¥327M in FY2025, compounding +9.2%/yr from FY2021.
002987 screens 51% overvalued. Compare with International Business Machines Corporation →
Peer Group
Information Technology Services · 480 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.
Valuation Multiples vs Information Technology Services median · lower = cheaper
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: 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.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| International Business Machines Corporation IBM | $235.92 | $143.90 | -39% |
| Accenture plc ACNN | 2,460 MXN | 250.95 MXN | -90% |
| Infosys Limited INFY | ₹1,156 | ₹1,457 | +26% |
| HCL Technologies Limited HCLTECH | ₹1,204 | ₹1,230 | +2% |
| Wipro Limited WIPRO | ₹178.43 | ₹226.81 | +27% |
| Tech Mahindra Limited TECHM | ₹1,455 | ₹1,086 | -25% |
| Samsung SDS Co 018260 | 199,300 KRW | 196,390 KRW | -1% |
| Persistent Systems Limited PERSISTENT | ₹5,059 | ₹2,364 | -53% |
| Hyundai Autoever Corporation 307950 | 393,000 KRW | 133,088 KRW | -66% |
| Coforge Limited COFORGE | ₹1,541 | ₹702.84 | -54% |
Compare Northking Information Technology Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Northking Information Technology Co (002987) overvalued or undervalued?
What is the fair value of 002987?
What is the quality score of 002987?
What is the revenue of Northking Information Technology Co (002987)?
What is the net profit margin of 002987?
Does Northking Information Technology Co pay a dividend?
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.
Track Northking Information 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.