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Huizhou Speed Wireless Technology Co Ltd (300322) Fair Value & Analysis

Technology · CN · Market cap 8.5B CNY

HS Huizhou Speed Wireless Technology Co Ltd 300322 · SHE
Price¥17.05
Fair Value¥3.39
Upside-80.1%
Quality53/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

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Risks

!Trades 403% ABOVE our fair value of ¥3.39
!Expensive Growth (revenue 5y +8.5 %/yr)
!Thin margins · 2.0% net margin
!Low debt · negative free cash flow
Expensive Growth (revenue 5y +8.5 %/yr)
Thin margins · 2.0% net margin
Low debt · negative free cash flow
Trails peers (4/13)
Narrow moat 26/100
Evidence: High Range ¥2.37 – ¥4.41 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 11 days ago

Fair value updated Aug 13, 2026, revised from ¥2.81 to ¥3.39 (+20.6%) since Jul 9, 2026. Share price +1.0% over the past month.

A solid business, but trading 403% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (¥4.41). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥2.37 to ¥4.41) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥35.05 ¥5.60 Fair Value ¥3.39 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 ¥5.60 – ¥35.05 · fair‑value band ¥2.37 – ¥4.41 · the ¥17.05 price screens above the ¥3.39 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Huizhou Speed Wireless Technology Co Ltd (300322) currently trades at ¥17.05, while our model-based Fair Value estimate is ¥3.39, implying the stock looks roughly 80.1% overvalued today. The Quality Score stands at 53/100 (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, Huizhou Speed Wireless Technology Co Ltd generated revenue of 3.0B CNY at a net margin of 2.0%. Revenue grew 44.3% year over year. It earns a return on equity of 6.8%. Net debt stands at 1.1B CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥2.37 (bear case) to ¥4.41 (bull case); at ¥17.05, 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 54% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -54% fair-value upside, at -80%, 300322 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥1.02 to ¥9.18). Read the values as a conservative anchor, not as a price target.
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 ¥1.73 ¥1.79 ¥1.83 76
ROIC Compounder ¥3.02 ¥4.17 ¥5.55 72
Gordon GGM ¥0.5900 ¥1.19 ¥1.79 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥0.9600 ¥4.93 ¥6.81 54
Lynch FV ¥1.35 ¥1.92 ¥2.50 50
PEG = 1.0 ¥1.35 ¥1.92 ¥2.50 46
EPV ¥2.75 ¥3.21 ¥3.60 59
Dividend Discount
Gordon GGM ¥0.5900 ¥1.19 ¥1.79 70
DDM Multi-Stage ¥0.5900 ¥1.02 ¥1.25 61
Multiples
P/E Multiple ¥2.95 ¥3.94 ¥4.92 63
P/S Multiple ¥1.79 ¥2.39 ¥2.99 58
P/B Multiple ¥1.79 ¥2.39 ¥2.99 55
EV/EBIT ¥6.21 ¥8.32 ¥10.43 53
EV/EBITDA ¥6.86 ¥9.18 ¥11.51 54
EV/Revenue ¥3.07 ¥4.45 ¥5.82 43
Asset-Based
NCAV (Graham) ¥1.10 ¥1.47 ¥2.19 50
Economic Profit
Residual Income ¥1.73 ¥1.79 ¥1.83 76
ROIC Compounder ¥3.02 ¥4.17 ¥5.55 72
Growth Earnings
Growth-Adj P/E ¥2.37 ¥3.39 ¥4.41 68

Widest divergence: Multiples (¥3.94) versus Dividend Discount (¥1.02). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 131.2
P/S ratio 2.82 TTM
Net margin 2.0% TTM
Return on equity 6.8% TTM
Return on assets 2.4% TTM
Operating margin 4.2% TTM
More key figures
Profitability
EPS (TTM) ¥0.1300
Growth
Revenue (TTM) 3.0B CNY TTM
Revenue growth (YoY) +44.3% 3y avg +21.5%
EPS growth (YoY) -33.3%
Balance sheet & cash flow
Free cash flow −180M CNY FY2025
Net debt 1.1B CNY FY2025

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 49 · Market factors (momentum, volatility) 14

Profitability 33
Margins and returns on capital today
Quality Growth 86
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Huizhou Speed Wireless Technology Co.,Ltd. engages in the research and development, production, and sale of wireless communication terminal antennas, communication product accessories, smart modules, wiring harnesses, connectors, and other products in China.

Full company description

Huizhou Speed Wireless Technology Co.,Ltd. engages in the research and development, production, and sale of wireless communication terminal antennas, communication product accessories, smart modules, wiring harnesses, connectors, and other products in China. The company offers mobile smart terminal antennas, vehicle-mounted electronic products, fingerprint and sensor modules, wireless charging products, biometric modules, mmWave radar waveguide antennas, and heat pipes and radiators, as well as semiconductor packaging, testing, and intelligent detection equipment and products. Its products are used in mobile phones, tablets, wearable devices, laptops, automobiles, unmanned aerial vehicles, security monitoring, and other fields. It is also involved in trade; and import and export of goods and technology. Huizhou Speed Wireless Technology Co.,Ltd. was founded in 2004 and is headquartered in Huizhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Huizhou Speed Wireless Technology Co Ltd reported revenue of ¥2.8B in FY2025 versus ¥2.0B in FY2021, a compound +9.1%/yr. Reported net income was ¥64.7M in FY2025, compounding +7.8%/yr from FY2021.

Growth Quality 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.8B CNY
Latest YoY
+49.1%
Avg. revenue 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.
+21.5%
Avg. revenue 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.
+8.5%
Avg. revenue growth/yr (16Y) 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.
+24.8%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+6.5% (6.5 + 0.0)
Revenue +9.1%/yr
FY21 ¥2.0B
FY22 ¥1.5B
FY23 ¥1.7B
FY24 ¥1.9B
FY25 ¥2.8B
Net income +7.8%/yr
FY21 ¥47.9M
FY22 −¥86.6M
FY23 −¥195M
FY24 −¥64.5M
FY25 ¥64.7M

300322 screens 80% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "Huizhou Speed Wireless Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/300322

Peer Group

Communication Equipment · 307 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 53 · Below median
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 2% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Above median
Revenue growth 44% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.28× · Higher than 75% of peers

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 131.2× · Pricier than 75% of peers
P/B 8.39× · Pricier than 75% of peers
P/S (TTM) 2.82× · Pricier than median
EV/EBITDA 43.7× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 34
PAST27 · sector 15
HEALTH86 · sector 98
DIVIDEND4 · sector 23

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

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $111.61 $61.53 -45%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥61.83 ¥28.65 -54%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥276.25 ¥43.67 -84%
Telefonaktiebolaget LM Ericsson (publ), ERIC $10.27 $19.93 +94%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Ubiquiti Inc UI $577.76 $252.79 -56%

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Frequently asked questions

Is Huizhou Speed Wireless Technology Co Ltd (300322) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥3.39 versus a price of ¥17.05, about −80% (overvalued).
What is the fair value of 300322?
Our model-based fair value for Huizhou Speed Wireless Technology Co Ltd is ¥3.39 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥17.05.
What is the quality score of 300322?
Huizhou Speed Wireless Technology Co Ltd has a Quality Score of 53/100. 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 Huizhou Speed Wireless Technology Co Ltd (300322)?
Huizhou Speed Wireless Technology Co Ltd reported trailing-twelve-month revenue of about 3.0B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 300322?
The net profit margin of Huizhou Speed Wireless Technology Co Ltd is about 2.0%, meaning it keeps roughly 2.0% 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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