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Zhejiang Jingsheng Mechanical & Electrical Co (300316) Fair Value & Analysis

Technology · CN · Market cap 50.0B CNY

ZJ Zhejiang Jingsheng Mechanical & Electrical Co 300316 · SHE
Price¥40.75
Fair Value¥13.51
Upside-66.9%
Quality47/100
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Expensive Growth
Thin margins · 4.2% net margin
Low debt · generates free cash flow
0.39% dividend yield
Trails peers (3/15)
Narrow moat 33/100
Evidence: Medium Range ¥10.25 – ¥16.89 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Share price −18.6% over the past month.

Below-average quality, and screening another 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥16.89). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥80.31 ¥21.04 Fair Value ¥13.51 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range ¥21.04 – ¥80.31 · fair‑value band ¥10.25 – ¥16.89 · the ¥40.75 price screens above the ¥13.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Zhejiang Jingsheng Mechanical & Electrical Co (300316) currently trades at ¥40.75, while our model-based Fair Value estimate is ¥13.51, implying the stock looks roughly 66.9% overvalued today. We read business quality at 47/100 (below-average 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, Zhejiang Jingsheng Mechanical & Electrical Co generated revenue of 9.9B CNY at a net margin of 4.2%. Revenue declined 44.9% year over year. It earns a return on equity of 2.1%. The balance sheet holds a net cash position of 892M CNY. Fundamentals as of Jul 17, 2026

Our scenario range runs from ¥10.25 (bear case) to ¥16.89 (bull case); at ¥40.75, 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 38% below its 52-week high and 59% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -67%, 300316 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
Growth DCF ¥3.51 ¥5.65 ¥9.16 80
Residual Income ¥10.14 ¥10.38 ¥10.12 76
Rev-Margin DCF ¥14.63 ¥28.15 ¥56.21 74
All 26 models by family
DCF Models
FCF DCF ¥3.65 ¥4.97 ¥9.19 38
Owner Earnings ¥14.32 ¥30.88 ¥65.64 31
5Y Revenue Exit ¥13.22 ¥24.82 ¥49.36 39
5Y EBITDA Exit ¥17.48 ¥33.44 ¥64.87 41
5Y P/E Exit ¥9.62 ¥21.87 ¥38.91 38
10Y Revenue Exit ¥10.04 ¥27.22 ¥40.27 36
10Y EBITDA Exit ¥13.78 ¥36.40 ¥78.18 37
10Y P/E Exit ¥8.05 ¥19.49 ¥39.09 35
Earnings-Based
Graham-Dodd ¥4.59 ¥32.04 ¥44.96 54
Lynch FV ¥16.47 ¥23.52 ¥30.58 50
PEG = 1.0 ¥16.47 ¥23.52 ¥30.58 46
EPV ¥12.93 ¥14.86 ¥16.55 59
Dividend Discount
Gordon GGM ¥3.97 ¥8.25 ¥13.09 70
DDM Multi-Stage ¥3.97 ¥6.96 ¥8.66 61
Multiples
P/E Multiple ¥10.13 ¥13.51 ¥16.89 63
P/S Multiple ¥8.61 ¥11.49 ¥14.36 58
P/B Multiple ¥8.61 ¥11.49 ¥14.36 55
EV/EBIT ¥21.96 ¥28.83 ¥35.70 53
EV/EBITDA ¥21.87 ¥28.71 ¥35.56 54
EV/Revenue ¥15.24 ¥21.19 ¥27.15 43
Asset-Based
NCAV (Graham) ¥6.54 ¥8.76 ¥13.07 50
Growth DCF
Growth DCF ¥3.51 ¥5.65 ¥9.16 80
Rev-Margin DCF ¥14.63 ¥28.15 ¥56.21 74
Economic Profit
Residual Income ¥10.14 ¥10.38 ¥10.12 76
ROIC Compounder ¥12.93 ¥17.77 ¥22.82 72
Growth Earnings
Growth-Adj P/E ¥21.24 ¥30.34 ¥39.44 68

Widest divergence: Growth Earnings (¥30.34) versus Growth DCF (¥5.65). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 9.9B CNY
Revenue growth (YoY) -44.9%
Net margin 4.2%
Return on equity 2.1%
Free cash flow 180M CNY FY2025
P/E ratio 152.8
More key figures
Operating margin 7.1%
EPS (TTM) ¥0.3200
Dividend yield 0.3%
EPS growth (YoY) -81.8%
Net cash 892M CNY FY2024

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 48 · Market factors (momentum, volatility) 53

Profitability 29
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 79
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

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. engages in the research, development, production, and sale of semiconductor equipment, semiconductor substrate materials, consumables, and components in China and internationally.

Full company description

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. engages in the research, development, production, and sale of semiconductor equipment, semiconductor substrate materials, consumables, and components in China and internationally. It offers advanced equipment, such as power semiconductors and advanced process equipment, and photovoltaic equipment, as well as semiconductor materials and equipment; and advanced materials, including diamond, sapphire, quartz crucible, diamond wire, and graphite products and silicon carbide components. The company also provides smart factory solutions and customer services. Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. was founded in 2006 and is headquartered in Shaoxing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Jingsheng Mechanical & Electrical Co reported revenue of ¥11.4B in FY2025 versus ¥6.0B in FY2021, a compound +17.5%/yr. Reported net income was ¥885M in FY2025, compounding −15.2%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
11.4B CNY
Latest YoY
−35.4%
Avg. growth/yr (3Y)
+2.2%
Avg. growth/yr (5Y)
+24.4%
Avg. growth/yr (17Y)
+27.8%
Revenue +17.5%/yr
FY21 ¥6.0B
FY22 ¥10.6B
FY23 ¥18.0B
FY24 ¥17.6B
FY25 ¥11.4B
Net income −15.2%/yr
FY21 ¥1.7B
FY22 ¥2.9B
FY23 ¥4.6B
FY24 ¥2.5B
FY25 ¥885M

300316 screens 67% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Zhejiang Jingsheng Mechanical & Electrical Co Fair Value". https://www.fairvalue-calculator.com/stock/300316

Peer Group

Semiconductor Equipment & Materials · 208 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 47 · Below median
Fair Value upside −67% · Below median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth -45% · Bottom 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 119.3× · Pricier than 75% of peers
P/B 2.92× · Cheaper than median
P/S (TTM) 5.03× · Pricier than median
P/FCF 41.2× · Pricier than 75% of peers
EV/EBITDA 46.6× · Pricier than 75% of peers
PEG 1.19× · Cheaper than median

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 58
PAST 9 · sector 30
HEALTH 98 · sector 96
DIVIDEND 8 · sector 17

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is Zhejiang Jingsheng Mechanical & Electrical Co (300316) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of ¥13.51 versus a price of ¥40.75, about −67% (overvalued).
What is the fair value of 300316?
Our model-based fair value for Zhejiang Jingsheng Mechanical & Electrical Co is ¥13.51 (as of Jul 17, 2026), built from audited fundamentals. The current price is ¥40.75.
What is the quality score of 300316?
Zhejiang Jingsheng Mechanical & Electrical Co has a Quality Score of 47/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Zhejiang Jingsheng Mechanical & Electrical Co (300316)?
Zhejiang Jingsheng Mechanical & Electrical Co reported trailing-twelve-month revenue of about 9.9B CNY (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 300316?
The net profit margin of Zhejiang Jingsheng Mechanical & Electrical Co is about 4.2%, meaning it keeps roughly 4.2% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Jingsheng Mechanical & Electrical Co pay a dividend?
Zhejiang Jingsheng Mechanical & Electrical Co currently shows a dividend yield of about 0.31% relative to its recent price (as of Jul 17, 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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