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Wuhan Zhongyuan Huadian Science & Technology Co (300018) Fair Value & Analysis

Industrials · CN · Market cap 6.1B CNY

WZ Wuhan Zhongyuan Huadian Science & Technology Co 300018 · SHE
Price¥11.94
Fair Value¥2.97
Upside-75.1%
Quality77/100
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Mixed Growth
Highly profitable · 21.0% net margin
generates free cash flow
Mixed vs. peers (6/12)
Moderate moat 63/100
Evidence: High Range ¥2.29 – ¥3.65 Share as image

Fair value as of: Jul 7, 2026

From 26 valuation models · updated 34 days ago

Fair value updated Jul 7, 2026, revised from ¥3.31 to ¥2.97 (−10.3%) since Jun 24, 2026. Share price −9.4% over the past month.

A strong business, but screening 75% overvalued on our models.

What matters now

  • A high-quality business (quality 77/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (¥3.65). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

¥16.10 ¥3.70 Fair Value ¥2.97 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 ¥3.70 – ¥16.10 · fair‑value band ¥2.29 – ¥3.65 · the ¥11.94 price screens above the ¥2.97 fair value. Dashed = 300-day average. As of Jul 7, 2026.

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Analysis

Wuhan Zhongyuan Huadian Science & Technology Co (300018) currently trades at ¥11.94, while our model-based Fair Value estimate is ¥2.97, implying the stock looks roughly 75.1% overvalued today. The Quality Score stands at 77/100 (high 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, Wuhan Zhongyuan Huadian Science & Technology Co generated revenue of 679M CNY at a net margin of 21.0%. Revenue grew 24.2% year over year. It earns a return on equity of 10.3%. The balance sheet holds a net cash position of 124M CNY. Fundamentals as of Jul 7, 2026

Our scenario range runs from ¥2.29 (bear case) to ¥3.65 (bull case); at ¥11.94, 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 27% below its 52-week high and 67% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -75%, 300018 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 ¥2.04 ¥2.09 ¥2.08 76
Growth DCF ¥2.95 ¥4.48 ¥6.78 72
Gordon GGM ¥0.4300 ¥0.8600 ¥1.30 70
All 26 models by family
DCF Models
FCF DCF ¥2.93 ¥4.51 ¥6.92 38
Owner Earnings ¥2.18 ¥3.31 ¥5.04 31
5Y Revenue Exit ¥2.09 ¥3.04 ¥4.24 39
5Y EBITDA Exit ¥2.38 ¥3.60 ¥5.04 41
5Y P/E Exit ¥2.64 ¥4.10 ¥5.66 38
10Y Revenue Exit ¥2.33 ¥3.27 ¥4.55 36
10Y EBITDA Exit ¥2.56 ¥3.67 ¥5.16 37
10Y P/E Exit ¥2.72 ¥4.01 ¥5.64 35
Earnings-Based
Graham-Dodd ¥1.07 ¥3.81 ¥5.13 54
Lynch FV ¥0.9000 ¥1.28 ¥1.66 50
PEG = 1.0 ¥0.9000 ¥1.28 ¥1.66 46
EPV ¥1.71 ¥1.94 ¥2.13 59
Dividend Discount
Gordon GGM ¥0.4300 ¥0.8600 ¥1.30 70
DDM Multi-Stage ¥0.4300 ¥0.7400 ¥0.9100 61
Multiples
P/E Multiple ¥2.48 ¥3.31 ¥4.13 63
P/S Multiple ¥1.70 ¥2.27 ¥2.83 58
P/B Multiple ¥2.01 ¥2.68 ¥3.35 55
EV/EBIT ¥2.63 ¥3.43 ¥4.22 53
EV/EBITDA ¥2.29 ¥2.97 ¥3.65 54
EV/Revenue ¥1.68 ¥2.29 ¥2.90 43
Asset-Based
NCAV (Graham) ¥1.32 ¥1.76 ¥2.63 50
Growth DCF
Growth DCF ¥2.95 ¥4.48 ¥6.78 72
Rev-Margin DCF ¥2.09 ¥3.05 ¥4.22 67
Economic Profit
Residual Income ¥2.04 ¥2.09 ¥2.08 76
ROIC Compounder ¥1.71 ¥1.94 ¥2.13 67
Growth Earnings
Growth-Adj P/E ¥1.72 ¥2.46 ¥3.20 68

Widest divergence: DCF Models (¥3.60) versus Dividend Discount (¥0.7400). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 679M CNY
Revenue growth (YoY) +24.2%
Net margin 21.0%
Return on equity 10.3%
Free cash flow 117M CNY FY2024
P/E ratio 42.9
More key figures
Operating margin 25.1%
EPS (TTM) ¥0.2900
EPS growth (YoY) +20.0%
Net cash 124M CNY FY2024

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

Quality Score breakdown

Overall quality 77/100

Of which business quality 73 · Market factors (momentum, volatility) 58

Profitability 37
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 88
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

Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. engages in the smart grid, healthcare, and industrial investment businesses in China.

Full company description

Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. engages in the smart grid, healthcare, and industrial investment businesses in China. The company offers power system dynamic recording systems, power system time synchronization and measurement systems, smart grid instruments, substation integrated automation systems, distribution network dispatching and integrated automation systems, energy internet system integration, and intelligent equipment; and fault recording waveform, time synchronization, power grid monitoring, information systems, intelligent inspection, power system relay protection testing and distribution network testing equipment, power data recording and analysis equipment, power time measurement and time scale output equipment, and power system integrated testing equipment. It also provides maintenance, commissioning, and operation services for substations and distribution networks, as well as planning, design, consulting, and operation, and maintenance services for the energy internet. In addition, it offers products and services to medical institutions, health administration departments, and individuals; and produces various categories of biochemical in vitro diagnostic reagents and medical testing equipment. Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. was founded in 2001 and is headquartered in Wuhan, China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Wuhan Zhongyuan Huadian Science & Technology Co reported revenue of ¥554M in FY2024 versus ¥406M in FY2020, a compound +8.0%/yr. Reported net income was ¥77.0M in FY2024, compounding +13.9%/yr from FY2020.

Growth Quality 71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
554M CNY
Latest YoY
+23.6%
Avg. growth/yr (3Y)
+9.6%
Avg. growth/yr (5Y)
+7.0%
Avg. growth/yr (18Y)
+11.6%
Revenue +8.0%/yr
FY20 ¥406M
FY21 ¥421M
FY22 ¥443M
FY23 ¥448M
FY24 ¥554M
Net income +13.9%/yr
FY20 ¥45.8M
FY21 ¥89.6M
FY22 ¥8.8M
FY23 ¥60.1M
FY24 ¥77.0M

300018 screens 75% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Wuhan Zhongyuan Huadian Science & Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/300018

Peer Group

Specialty Industrial Machinery · 809 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 77 · Top 25%
Fair Value upside −75% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 6% · Above median
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 24% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 42.9× · Pricier than median
P/B 4.72× · Pricier than 75% of peers
P/S (TTM) 8.96× · Pricier than 75% of peers
P/FCF 7.7× · Pricier than median
EV/EBITDA 38.7× · 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 100 · sector 23
PAST 41 · sector 28
HEALTH 0 · sector 96
DIVIDEND 0 · 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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Wuhan Zhongyuan Huadian Science & Technology Co (300018) overvalued or undervalued?
As of Jul 7, 2026, our model estimates a fair value of ¥2.97 versus a price of ¥11.94, about −75% (overvalued).
What is the fair value of 300018?
Our model-based fair value for Wuhan Zhongyuan Huadian Science & Technology Co is ¥2.97 (as of Jul 7, 2026), built from audited fundamentals. The current price is ¥11.94.
What is the quality score of 300018?
Wuhan Zhongyuan Huadian Science & Technology Co has a Quality Score of 77/100. 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 Wuhan Zhongyuan Huadian Science & Technology Co (300018)?
Wuhan Zhongyuan Huadian Science & Technology Co reported trailing-twelve-month revenue of about 679M CNY (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 300018?
The net profit margin of Wuhan Zhongyuan Huadian Science & Technology Co is about 21.0%, meaning it keeps roughly 21.0% of revenue as net income. Based on the latest reported figures.

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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