ZHAOWEI (2692) Fair Value & Analysis
Industrials · HK · Market cap HK$13.0B
Fair value as of: Aug 13, 2026
From 17 valuation models · updated 3 days ago
Fair value updated Aug 13, 2026, revised from HK$16.31 to HK$16.43 (+0.7%) since Jul 7, 2026. Share price −4.9% over the past month.
A solid business, but screening 65% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (HK$21.35). 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.
Price vs Fair Value (5 months)
White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.
How to read this chart
5‑month range HK$40.12 – HK$91.38 · fair‑value band HK$13.94 – HK$21.35 · the HK$46.94 price screens above the HK$16.43 fair value. As of Aug 13, 2026.
Analysis
ZHAOWEI (2692) currently trades at HK$46.94, while our model-based Fair Value estimate is HK$16.43, implying the stock looks roughly 65.0% overvalued today. The Quality Score stands at 56/100 (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, ZHAOWEI generated revenue of HK$1.7B at a net margin of 14.1%. Revenue declined 2.7% year over year. It earns a return on equity of 5.7%. The stock trades on a trailing P/E of 41.9 (as of Jul 2, 2026). Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$13.94 (bear case) to HK$21.35 (bull case); at HK$46.94, 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 50% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at -65%, 2692 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 17 models by family
Widest divergence: Growth Earnings (HK$21.41) versus Dividend Discount (HK$4.56). Highest evidence: Residual Income (76).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 24
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
Shenzhen Zhaowei Machinery & Electronics Co., Ltd., together with its subsidiaries, engages in the research, design, development, manufacture, and sale of micro transmission and drive systems in China and internationally.
Full company description
Shenzhen Zhaowei Machinery & Electronics Co., Ltd., together with its subsidiaries, engages in the research, design, development, manufacture, and sale of micro transmission and drive systems in China and internationally. The company offers brushed, brushless, stepper, and coreless gear motors; slotless and brushless DC motors; planetary gearboxes; smart home, communication, automotive, robot, industrial equipment, medical equipment, and consumer electronics drives; and encoders and controls, as well as precision parts and molds. It also provides smart mobility, smart healthcare, industrial automation, and smart consumption solutions. In addition, the company engages in venture capital and asset management plan activities. It serves the customized, telecommunications, consumer electronics, automotive, robotics, industrial equipment, smart home, and medical and healthcare markets. Shenzhen Zhaowei Machinery & Electronics Co., Ltd. was founded in 2001 and is headquartered in Shenzhen, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
ZHAOWEI reported revenue of HK$1.7B in FY2025 versus HK$1.1B in FY2021, a compound +10.8%/yr. Reported net income was HK$254M in FY2025, compounding +14.6%/yr from FY2021.
2692 screens 65% overvalued. Compare with Contemporary Amperex Technology Co →
Peer Group
Electrical Equipment & Parts · 527 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 Electrical Equipment & Parts 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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Contemporary Amperex Technology Co 3750 | HK$652.50 | HK$394.19 | -40% |
| Delta Electronics (Thailand) Public Company DELTA | 269.00 THB | 40.28 THB | -85% |
| LG Energy Solution, Ltd 373220 | 365,500 KRW | 201,455 KRW | -45% |
| WEG S.A WEGE3 | 14,900 ARS | 4,338 ARS | -71% |
| Sungrow Power Supply Co 300274 | ¥117.53 | ¥123.83 | +5% |
| HD Hyundai Electric Co 267260 | 782,000 KRW | 371,133 KRW | -53% |
| LS ELECTRIC Co 010120 | 208,500 KRW | 29,594 KRW | -86% |
| Hyosung Heavy Industries Corporation 298040 | 2,892,000 KRW | 1,013,099 KRW | -65% |
| Hitachi Energy India Limited POWERINDIA | ₹35,800 | ₹6,106 | -83% |
| Polycab India Limited POLYCAB | ₹9,289 | ₹3,218 | -65% |
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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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