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Sun.King Technology Group (0580) Fair Value & Analysis

Technology · HK · Market cap HK$4.6B

SK Sun.King Technology Group 0580 · HK
PriceHK$1.49
Fair ValueHK$1.30
Upside-12.5%
Quality50/100
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Expensive Growth
Thin margins · 6.1% net margin
Low debt · negative free cash flow
0.65% dividend yield
Mixed vs. peers (7/13)
Narrow moat 29/100
Evidence: Medium Range HK$0.9700 – HK$1.62 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$1.36 to HK$1.30 (−4.4%) since Aug 2, 2026. Share price −10.5% over the past month.

A solid business, but screening 12% overvalued on our models.

What matters now

  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from HK$0.9700 (bear) to HK$1.62 (bull), base HK$1.30. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 50/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

HK$5.24 HK$0.8742 Fair Value HK$1.30 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.8742 – HK$5.24 · fair‑value band HK$0.9700 – HK$1.62 · the HK$1.49 price screens above the HK$1.30 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Sun.King Technology Group (0580) currently trades at HK$1.49, while our model-based Fair Value estimate is HK$1.30, implying the stock looks roughly 12.5% overvalued today. The Quality Score stands at 50/100 (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, Sun.King Technology Group generated revenue of HK$2.3B at a net margin of 6.1%. Revenue grew 43.2% year over year. It earns a return on equity of 6.3%. The balance sheet holds a net cash position of HK$54.5M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.9700 (bear case) to HK$1.62 (bull case); at HK$1.49, the current price sits within 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 52% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -12%, 0580 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 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 HK$1.05 HK$1.09 HK$1.10 76
ROIC Compounder HK$0.4000 HK$0.4200 HK$0.4500 72
Gordon GGM HK$0.1600 HK$0.3100 HK$0.4700 70
All 17 models by family
DCF Models
Owner Earnings HK$1.32 HK$2.24 HK$3.86 31
Earnings-Based
Graham-Dodd HK$0.5900 HK$3.02 HK$4.17 54
Lynch FV HK$0.8200 HK$1.18 HK$1.53 50
PEG = 1.0 HK$0.8200 HK$1.18 HK$1.53 46
EPV HK$0.4000 HK$0.4200 HK$0.4500 59
Dividend Discount
Gordon GGM HK$0.1600 HK$0.3100 HK$0.4700 70
DDM Multi-Stage HK$0.1600 HK$0.2700 HK$0.3300 61
Multiples
P/E Multiple HK$1.36 HK$1.81 HK$2.27 63
P/S Multiple HK$1.10 HK$1.47 HK$1.84 58
P/B Multiple HK$1.10 HK$1.47 HK$1.84 55
EV/EBIT HK$0.6900 HK$0.8400 HK$1.00 53
EV/EBITDA HK$1.01 HK$1.26 HK$1.52 54
EV/Revenue HK$0.5600 HK$0.7000 HK$0.8400 43
Asset-Based
NCAV (Graham) HK$0.6700 HK$0.9000 HK$1.34 50
Economic Profit
Residual Income HK$1.05 HK$1.09 HK$1.10 76
ROIC Compounder HK$0.4000 HK$0.4200 HK$0.4500 72
Growth Earnings
Growth-Adj P/E HK$1.24 HK$1.77 HK$2.30 68

Widest divergence: DCF Models (HK$2.24) versus Dividend Discount (HK$0.2700). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$2.3B
Revenue growth (YoY) +43.2%
Net margin 6.1%
Return on equity 6.3%
Free cash flow −HK$42.6M FY2025
P/E ratio 29.0 as of Jul 2, 2026
More key figures
Operating margin 5.1%
EPS (TTM) HK$0.0600
Dividend yield 0.7%
EPS growth (YoY) -37.0%
Net cash HK$54.5M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 29

Profitability 36
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 82
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

Sun.King Technology Group Limited, together with its subsidiaries, engages in the research, development, manufacturing, trading, and sale of power electronic components in China and internationally.

Full company description

Sun.King Technology Group Limited, together with its subsidiaries, engages in the research, development, manufacturing, trading, and sale of power electronic components in China and internationally. It offers IGBT and SiC chips and modules; laminated bus bar; semi and fully covered insulating film structure CCS, as well as blister frame and PCB fixed type CCS; power electronic, rail locomotive, pulse, and special capacitors; power capacitor bank; anode saturable reactor; substation and power transmission and distribution products; solid-state DC circuit breakers and AC switches, as well as pulse power supply; flexible AC transmission technology products; and impedance spectrometer. The company also provides industry solutions, including photovoltaic, wind power, energy storage, and integrated energy systems, as well as EPC general contracting services. In addition, it is involved in the production of integrated gate bipolar transistors, amorphous alloy transformers, and FM voltage AC traction, as well as semiconductor components and other components. The company's products are used in renewable energy generation, HVDC transmission, smart grids, electric vehicles, rail transit, marine, telecommunications, scientific research, and industrial automation applications. It exports its products. The company was formerly known as Sun.King Power Electronics Group Limited and changed its name to Sun.King Technology Group Limited in October 2020. Sun.King Technology Group Limited was founded in 2002 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sun.King Technology Group reported revenue of HK$2.3B in FY2025 versus HK$931M in FY2021, a compound +24.8%/yr. Reported net income was HK$138M in FY2025, compounding +72.8%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$2.3B
Latest YoY
+40.0%
Avg. 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.
+34.9%
Avg. 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.
+13.1%
Avg. growth/yr (18Y) 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.
+14.8%
Revenue +24.8%/yr
FY21 HK$931M
FY22 HK$918M
FY23 HK$1.1B
FY24 HK$1.6B
FY25 HK$2.3B
Net income +72.8%/yr
FY21 HK$15.5M
FY22 HK$24.0M
FY23 HK$31.5M
FY24 HK$103M
FY25 HK$138M
Character of growth · EPS growth decomposed (2015-2025) −3.1 % p.a.
Revenue per share +6.8 pp

of which total revenue +8.5 pp · buybacks/dilution −1.7 pp

EBIT margin −13.9 pp
Tax rate −1.6 pp
Residual (interest, one-offs) +5.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

0580 screens 12% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Sun.King Technology Group Fair Value". https://www.fairvalue-calculator.com/stock/0580

Peer Group

Electronic Components · 647 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 50 · Below median
Fair Value upside −13% · Above median
Return on equity (TTM) 6% · Above median
Return on assets 1% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 43% · Top 25%
Dividend yield (TTM) 0.7% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 29.0× · Cheaper than median
P/B 2.16× · Cheaper than median
P/S (TTM) 2.05× · Pricier than median
EV/EBITDA 37.1× · 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 17 · sector 0
FUTURE 100 · sector 36
PAST 25 · sector 24
HEALTH 100 · sector 95
DIVIDEND 13 · sector 26

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 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Elite Material Co 2383 5,730 TWD 830.20 TWD -86%
Yageo Corporation 2327 602.00 TWD 289.26 TWD -52%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥385.80 ¥125.52 -67%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%

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Frequently asked questions

Is Sun.King Technology Group (0580) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.30 versus a price of HK$1.49, about −12% (overvalued).
What is the fair value of 0580?
Our model-based fair value for Sun.King Technology Group is HK$1.30 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.49.
What is the quality score of 0580?
Sun.King Technology Group has a Quality Score of 50/100. 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 Sun.King Technology Group (0580)?
Sun.King Technology Group reported trailing-twelve-month revenue of about HK$2.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0580?
The net profit margin of Sun.King Technology Group is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.
Does Sun.King Technology Group pay a dividend?
Sun.King Technology Group currently shows a dividend yield of about 0.65% relative to its recent price (as of Aug 13, 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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