Shenzhen FRD Science & Technology Co (300602) Fair Value & Analysis
Technology · CN · Market cap 28.2B CNY
Fair value as of: Jul 9, 2026
From 15 valuation models · updated 32 days ago
Share price −20.2% over the past month.
Below-average quality, and screening another 66% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥15.66). 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.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 9, 2026.
How to read this chart
60‑month range ¥9.47 – ¥51.20 · fair‑value band ¥9.40 – ¥15.66 · the ¥37.30 price screens above the ¥12.53 fair value. Dashed = 300-day average. As of Jul 9, 2026.
Analysis
Shenzhen FRD Science & Technology Co (300602) currently trades at ¥37.30, while our model-based Fair Value estimate is ¥12.53, implying the stock looks roughly 66.4% overvalued today. The Quality Score stands 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, Shenzhen FRD Science & Technology Co generated revenue of 7.0B CNY at a net margin of 5.5%. Revenue grew 39.1% year over year. It earns a return on equity of 9.3%. Net debt stands at 242M CNY. Fundamentals as of Jul 9, 2026
Our scenario range runs from ¥9.40 (bear case) to ¥15.66 (bull case); at ¥37.30, 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 24% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -66%, 300602 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.
All 15 models by family
Widest divergence: Growth Earnings (¥19.11) versus DCF Models (¥3.85). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 66
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 FRD Science & Technology Co., Ltd. manufactures and sells electromagnetic shielding and thermal materials and devices, and other electronic devices in China and internationally.
Full company description
Shenzhen FRD Science & Technology Co., Ltd. manufactures and sells electromagnetic shielding and thermal materials and devices, and other electronic devices in China and internationally. The company offers EMI shielding materials, including fabric over foams and conductive, metal shielding products, electrically conductive elastomers, and microwave absorbers; thermal materials comprising graphite films, thermal interface materials, and boron nitride films; thermal modules and liquid cooling plates; centrifugal and axial fans; dexterous hands; 4G/5G antennas; semi solid die castings; power supplies, such as chargers; and high-pressure resin transfer molding (HP-RTM) and semi-solid die casting products. Its products are used in network communications, data centers, servers, consumer electronics, new energy vehicles, artificial intelligence, photovoltaics, energy storage, medical and household appliances, and other fields. The company was founded in 1993 and is based in Shenzhen, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shenzhen FRD Science & Technology Co reported revenue of ¥6.5B in FY2025 versus ¥3.1B in FY2021, a compound +20.9%/yr. Reported net income was ¥365M in FY2025, compounding +86.6%/yr from FY2021.
300602 screens 66% overvalued. Compare with Delta Electronics, Inc →
Peer Group
Electronic Components · 626 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 Electronic Components 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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Delta Electronics, Inc 2308 | 1,880 TWD | 515.23 TWD | -73% |
| Hon Hai Precision Industry Co 2317 | 242.50 TWD | 270.47 TWD | +12% |
| Luxshare Precision Industry Co 002475 | ¥62.14 | ¥38.44 | -38% |
| Samsung Electro-Mechanics Co 009150 | 1,260,000 KRW | 166,421 KRW | -87% |
| Elite Material Co 2383 | 4,990 TWD | 714.36 TWD | -86% |
| Yageo Corporation 2327 | 699.00 TWD | 216.55 TWD | -69% |
| Shengyi Technology Co 600183 | ¥132.29 | ¥27.45 | -79% |
| Shennan Circuits Co 002916 | ¥364.00 | ¥93.50 | -74% |
| Victory Giant Technology (HuiZhou) Co 2476 | HK$297.00 | HK$103.98 | -65% |
| Wus Printed Circuit (Kunshan) Co 002463 | ¥127.80 | ¥31.95 | -75% |
Compare Shenzhen FRD Science & Technology Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Shenzhen FRD Science & Technology Co (300602) overvalued or undervalued?
What is the fair value of 300602?
What is the quality score of 300602?
What is the revenue of Shenzhen FRD Science & Technology Co (300602)?
What is the net profit margin of 300602?
Does Shenzhen FRD Science & Technology Co pay a dividend?
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.
Track Shenzhen FRD Science & Technology Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.