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Hanwei Electronics Group (300007) Fair Value & Analysis

Technology · CN · Market cap 13.2B CNY

HE Hanwei Electronics Group 300007 · SHE
Price¥35.26
Fair Value¥9.70
Upside-72.5%
Quality55/100
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Expensive Growth
Thin margins · 7.2% net margin
Low debt · negative free cash flow
0.12% dividend yield
Trails peers (1/13)
Narrow moat 33/100
Evidence: High Range ¥7.19 – ¥12.13 Share as image

Fair value as of: Jul 7, 2026

From 17 valuation models · updated 34 days ago

Share price −10.2% over the past month.

A solid business, but screening 72% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥12.13). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥69.71 ¥12.00 Fair Value ¥9.70 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 7, 2026.

How to read this chart

60‑month range ¥12.00 – ¥69.71 · fair‑value band ¥7.19 – ¥12.13 · the ¥35.26 price screens above the ¥9.70 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 7, 2026.

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Analysis

Hanwei Electronics Group (300007) currently trades at ¥35.26, while our model-based Fair Value estimate is ¥9.70, implying the stock looks roughly 72.5% overvalued today. The Quality Score stands at 55/100 (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, Hanwei Electronics Group generated revenue of 2.3B CNY at a net margin of 7.2%. Revenue declined 15.6% year over year. It earns a return on equity of 4.9%. Net debt stands at 22.2M CNY. Fundamentals as of Jul 7, 2026

Our scenario range runs from ¥7.19 (bear case) to ¥12.13 (bull case); at ¥35.26, 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 52% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at -72%, 300007 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
Residual Income ¥6.93 ¥7.06 ¥6.91 76
ROIC Compounder ¥6.56 ¥7.47 ¥8.26 72
Gordon GGM ¥1.05 ¥2.19 ¥3.47 70
All 17 models by family
DCF Models
Owner Earnings ¥6.60 ¥11.76 ¥21.28 31
Earnings-Based
Graham-Dodd ¥3.30 ¥17.61 ¥24.40 54
Lynch FV ¥4.86 ¥6.95 ¥9.03 50
PEG = 1.0 ¥4.86 ¥6.95 ¥9.03 46
EPV ¥6.56 ¥7.47 ¥8.26 59
Dividend Discount
Gordon GGM ¥1.05 ¥2.19 ¥3.47 70
DDM Multi-Stage ¥1.05 ¥1.84 ¥2.29 61
Multiples
P/E Multiple ¥7.28 ¥9.70 ¥12.13 63
P/S Multiple ¥6.18 ¥8.25 ¥10.31 58
P/B Multiple ¥6.18 ¥8.25 ¥10.31 55
EV/EBIT ¥9.70 ¥12.56 ¥15.42 53
EV/EBITDA ¥12.57 ¥16.38 ¥20.20 54
EV/Revenue ¥6.90 ¥9.38 ¥11.86 43
Asset-Based
NCAV (Graham) ¥4.47 ¥6.00 ¥8.95 50
Economic Profit
Residual Income ¥6.93 ¥7.06 ¥6.91 76
ROIC Compounder ¥6.56 ¥7.47 ¥8.26 72
Growth Earnings
Growth-Adj P/E ¥6.99 ¥9.99 ¥12.99 68

Widest divergence: DCF Models (¥11.76) versus Dividend Discount (¥1.84). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.3B CNY
Revenue growth (YoY) -15.6%
Net margin 7.2%
Return on equity 4.9%
Free cash flow −53.2M CNY FY2025
P/E ratio 77.3
More key figures
Operating margin 5.1%
EPS (TTM) ¥0.5200
Dividend yield 0.1%
EPS growth (YoY) +60.0%
Net debt 22.2M CNY FY2025

Figures from reported company fundamentals · as of Jul 7, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 53 · Market factors (momentum, volatility) 28

Profitability 31
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 18
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 80
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

Hanwei Electronics Group Corporation, together with its subsidiaries, provides gas sensors and instruments in China and internationally. It operates through the Sensor, Industrial Safety, Utilities, Smart City, and Smart Environmental Protection segments.

Full company description

Hanwei Electronics Group Corporation, together with its subsidiaries, provides gas sensors and instruments in China and internationally. It operates through the Sensor, Industrial Safety, Utilities, Smart City, and Smart Environmental Protection segments. The company offers domestic gas alarm products, such as battery-operated and AC powered CO alarms, independent natural or LPG gas alarms, smart gas detectors, combined CH4 and CO alarms, smoke detector, and air quality monitors; industrial gas detection products, including gas leak, portable single gas, portable multi gas, fixed gas, open path gas, and flame detectors, as well as gas control panels; and alcohol tester products comprising semiconductor, fuel cell, rapid screen, professional, and standalone breathalyzers. It also provides heated blankets; water and gas meters, and environmental parameter monitoring devices; and sensors, such as gas and flexible sensors, elastic sensors, lasers, IMU, six-axis force sensors, ultrasonic detecting modules, platinum film sensors, and infrared sensor module. In addition, the company offers solutions for enterprise safety; municipal service; commercial, residential fire, and gas safety; and alcohol tester and safety driving. The company's products are used in industrial and home safety, and breathalyzers. The company was formerly known as Henan Hanwei Electronics Co., Ltd. and changed its name to Hanwei Electronics Group Corporation in July 2017. Hanwei Electronics Group Corporation was founded in 1998 and is headquartered in Zhengzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hanwei Electronics Group reported revenue of ¥2.4B in FY2025 versus ¥2.3B in FY2021, a compound +1.0%/yr. Reported net income was ¥159M in FY2025, compounding −11.9%/yr from FY2021.

Growth Quality 36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.4B CNY
Latest YoY
+8.4%
Avg. growth/yr (3Y)
+0.3%
Avg. growth/yr (5Y)
+4.5%
Avg. growth/yr (19Y)
+26.2%
Revenue +1.0%/yr
FY21 ¥2.3B
FY22 ¥2.4B
FY23 ¥2.3B
FY24 ¥2.2B
FY25 ¥2.4B
Net income −11.9%/yr
FY21 ¥263M
FY22 ¥276M
FY23 ¥131M
FY24 ¥76.7M
FY25 ¥159M

300007 screens 72% overvalued. Compare with Keysight Technologies, Inc →

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Cite: Fair Value Calculator (2026). "Hanwei Electronics Group Fair Value". https://www.fairvalue-calculator.com/stock/300007

Peer Group

Scientific & Technical Instruments · 161 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 55 · Below median
Fair Value upside −73% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 0% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth -16% · Bottom 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 77.3× · Pricier than 75% of peers
P/B 4.49× · Pricier than median
P/S (TTM) 5.67× · Pricier than 75% of peers
EV/EBITDA 62.4× · 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 0 · sector 34
PAST 19 · sector 25
HEALTH 96 · sector 98
DIVIDEND 2 · sector 24

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

Stock Price Fair Value vs Fair Value
Keysight Technologies, Inc KEYS $315.90 $84.16 -73%
Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

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Frequently asked questions

Is Hanwei Electronics Group (300007) overvalued or undervalued?
As of Jul 7, 2026, our model estimates a fair value of ¥9.70 versus a price of ¥35.26, about −72% (overvalued).
What is the fair value of 300007?
Our model-based fair value for Hanwei Electronics Group is ¥9.70 (as of Jul 7, 2026), built from audited fundamentals. The current price is ¥35.26.
What is the quality score of 300007?
Hanwei Electronics Group has a Quality Score of 55/100. 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 Hanwei Electronics Group (300007)?
Hanwei Electronics Group reported trailing-twelve-month revenue of about 2.3B CNY (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 300007?
The net profit margin of Hanwei Electronics Group is about 7.2%, meaning it keeps roughly 7.2% of revenue as net income. Based on the latest reported figures.
Does Hanwei Electronics Group pay a dividend?
Hanwei Electronics Group currently shows a dividend yield of about 0.12% relative to its recent price (as of Jul 7, 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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