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Genbyte Technology Inc (003028) Fair Value & Analysis

Technology · CN · Market cap 3.7B CNY

GT Genbyte Technology Inc 003028 · SHE
Price¥22.49
Fair Value¥10.15
Upside-54.9%
Quality51/100
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Mixed Growth
Thin margins · 3.5% net margin
generates free cash flow
1.40% dividend yield
Trails peers (3/13)
Narrow moat 29/100
Evidence: High Range ¥7.61 – ¥12.68 Share as image

Fair value as of: Jul 22, 2026

From 25 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥14.25 to ¥10.15 (−28.8%) since Jun 25, 2026. Share price −1.9% over the past month.

A solid business, but screening 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥12.68). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥44.30 ¥18.38 Fair Value ¥10.15 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 ¥18.38 – ¥44.30 · fair‑value band ¥7.61 – ¥12.68 · the ¥22.49 price screens above the ¥10.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Genbyte Technology Inc (003028) currently trades at ¥22.49, while our model-based Fair Value estimate is ¥10.15, implying the stock looks roughly 54.9% overvalued today. The Quality Score stands at 51/100 (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, Genbyte Technology Inc generated revenue of 1.4B CNY at a net margin of 3.5%. Revenue grew 9.8% year over year. It earns a return on equity of 2.8%. The balance sheet holds a net cash position of 1.0B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥7.61 (bear case) to ¥12.68 (bull case); at ¥22.49, 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 39% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -55%, 003028 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 ¥9.00 ¥9.04 ¥8.25 76
Growth DCF ¥10.66 ¥16.50 ¥26.02 72
Gordon GGM ¥4.53 ¥9.03 ¥13.68 70
All 25 models by family
DCF Models
FCF DCF ¥10.77 ¥17.30 ¥28.43 38
5Y Revenue Exit ¥8.62 ¥12.72 ¥18.25 39
5Y EBITDA Exit ¥10.10 ¥15.81 ¥23.00 41
5Y P/E Exit ¥10.05 ¥15.71 ¥22.21 38
10Y Revenue Exit ¥9.12 ¥13.25 ¥19.51 36
10Y EBITDA Exit ¥10.25 ¥15.48 ¥23.45 37
10Y P/E Exit ¥10.22 ¥15.40 ¥22.80 35
Earnings-Based
Graham-Dodd ¥3.45 ¥16.76 ¥23.08 54
Lynch FV ¥4.49 ¥6.41 ¥8.34 50
PEG = 1.0 ¥4.49 ¥6.41 ¥8.34 46
EPV ¥6.34 ¥6.92 ¥7.42 59
Dividend Discount
Gordon GGM ¥4.53 ¥9.03 ¥13.68 70
DDM Multi-Stage ¥4.53 ¥7.81 ¥9.53 61
Multiples
P/E Multiple ¥7.61 ¥10.15 ¥12.68 63
P/S Multiple ¥6.47 ¥8.62 ¥10.78 58
P/B Multiple ¥6.47 ¥8.62 ¥10.78 55
EV/EBIT ¥10.01 ¥12.45 ¥14.90 53
EV/EBITDA ¥10.35 ¥12.91 ¥15.48 54
EV/Revenue ¥7.61 ¥9.73 ¥11.85 43
Asset-Based
NCAV (Graham) ¥6.03 ¥8.08 ¥12.06 50
Growth DCF
Growth DCF ¥10.66 ¥16.50 ¥26.02 72
Rev-Margin DCF ¥8.62 ¥12.66 ¥17.95 67
Economic Profit
Residual Income ¥9.00 ¥9.04 ¥8.25 76
ROIC Compounder ¥6.34 ¥6.92 ¥7.42 67
Growth Earnings
Growth-Adj P/E ¥6.79 ¥9.70 ¥12.61 68

Widest divergence: DCF Models (¥15.48) versus Earnings-Based (¥6.41). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.4B CNY
Revenue growth (YoY) +9.8%
Net margin 3.5%
Return on equity 2.8%
Free cash flow 94.2M CNY FY2025
P/E ratio 91.1
More key figures
Operating margin 4.0%
EPS (TTM) ¥0.2800
Dividend yield 1.4%
EPS growth (YoY) -85.2%
Net cash 1.0B CNY FY2024

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 54 · Market factors (momentum, volatility) 27

Profitability 27
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 84
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

Genbyte Technology Inc. engages in the research, development, production, and sale of electronic intelligent controllers in China.

Full company description

Genbyte Technology Inc. engages in the research, development, production, and sale of electronic intelligent controllers in China. The company offers auto electronics, including car refrigerators and semiconductor cooling cups; household appliances comprising drip coffee makers, coffee makers, stand mixers, and handheld vacuums; power tools that include garden tool controllers, hand pruning machines, mowers, and brushless handheld electric screwdrivers; and renewable energy products, such as micro and photovoltaic inverters, and household and portable energy storage products. It also provides robotics, including mowers and cleaners; medical cart and refrigerator controllers; and miscellaneous products, such as high-speed hair dryers and hair straighteners. Genbyte Technology Inc. was founded in 1999 and is headquartered in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Genbyte Technology Inc reported revenue of ¥1.4B in FY2025 versus ¥1.3B in FY2021, a compound +0.9%/yr. Reported net income was ¥73.4M in FY2025, compounding −23.1%/yr from FY2021.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.4B CNY
Latest YoY
−2.5%
Avg. growth/yr (3Y)
+9.5%
Avg. growth/yr (5Y)
+6.6%
Avg. growth/yr (9Y)
+16.3%
Revenue +0.9%/yr
FY21 ¥1.3B
FY22 ¥1.0B
FY23 ¥1.2B
FY24 ¥1.4B
FY25 ¥1.4B
Net income −23.1%/yr
FY21 ¥210M
FY22 ¥171M
FY23 ¥208M
FY24 ¥203M
FY25 ¥73.4M

003028 screens 55% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Genbyte Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/003028

Peer Group

Electronic Components · 626 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 51 · Below median
Fair Value upside −55% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 10% · Above median
Dividend yield (TTM) 1.4% · Above median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 91.1× · Pricier than 75% of peers
P/B 2.12× · Cheaper than median
P/S (TTM) 2.65× · Pricier than median
P/FCF 5.8× · Pricier than median
EV/EBITDA 42.9× · 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 49 · sector 32
PAST 11 · sector 24
HEALTH 0 · sector 95
DIVIDEND 28 · 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 Jul 22, 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%

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Frequently asked questions

Is Genbyte Technology Inc (003028) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥10.15 versus a price of ¥22.49, about −55% (overvalued).
What is the fair value of 003028?
Our model-based fair value for Genbyte Technology Inc is ¥10.15 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥22.49.
What is the quality score of 003028?
Genbyte Technology Inc has a Quality Score of 51/100. 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 Genbyte Technology Inc (003028)?
Genbyte Technology Inc reported trailing-twelve-month revenue of about 1.4B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 003028?
The net profit margin of Genbyte Technology Inc is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.
Does Genbyte Technology Inc pay a dividend?
Genbyte Technology Inc currently shows a dividend yield of about 1.40% relative to its recent price (as of Jul 22, 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.

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