EN DE

Jiangsu Jinling Sports Equipment Co (300651) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 2.9B CNY

JJ Jiangsu Jinling Sports Equipment Co 300651 · SHE
Price¥17.97
Fair Value¥5.91
Upside-67.1%
Quality54/100
Watch Jiangsu Jinling Sports Equipment Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 14.6% net margin
Low debt · generates free cash flow
0.96% dividend yield
Trails peers (4/14)
Narrow moat 37/100
Evidence: High Range ¥4.38 – ¥7.44 Share as image

Fair value as of: Jul 9, 2026

From 23 valuation models · updated 32 days ago

Share price +6.2% over the past month.

A solid business, but screening 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥7.44). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥46.96 ¥10.09 Fair Value ¥5.91 Feb 2021 Aug 2026

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 ¥10.09 – ¥46.96 · fair‑value band ¥4.38 – ¥7.44 · the ¥17.97 price screens above the ¥5.91 fair value. Dashed = 300-day average. As of Jul 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Jiangsu Jinling Sports Equipment Co (300651) currently trades at ¥17.97, while our model-based Fair Value estimate is ¥5.91, implying the stock looks roughly 67.1% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical 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, Jiangsu Jinling Sports Equipment Co generated revenue of 432M CNY at a net margin of 14.6%. Revenue grew 26.9% year over year. It earns a return on equity of 6.6%. Net debt stands at 34.3M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥4.38 (bear case) to ¥7.44 (bull case); at ¥17.97, 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 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at -67%, 300651 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 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
Growth DCF ¥5.61 ¥7.89 ¥10.88 80
Residual Income ¥6.00 ¥6.09 ¥5.89 76
Rev-Margin DCF ¥3.26 ¥4.69 ¥6.27 74
All 23 models by family
DCF Models
FCF DCF ¥5.47 ¥7.94 ¥11.34 38
Owner Earnings ¥5.99 ¥8.68 ¥12.38 31
5Y Revenue Exit ¥3.26 ¥4.60 ¥6.19 39
5Y EBITDA Exit ¥4.75 ¥7.26 ¥10.04 41
5Y P/E Exit ¥5.69 ¥8.93 ¥12.16 38
10Y Revenue Exit ¥3.99 ¥5.33 ¥6.91 36
10Y EBITDA Exit ¥4.97 ¥7.09 ¥9.66 37
10Y P/E Exit ¥5.55 ¥8.20 ¥11.17 35
Earnings-Based
Graham-Dodd ¥2.93 ¥7.02 ¥9.06 54
PEG = 1.0 ¥1.23 ¥1.76 ¥2.29 46
EPV ¥2.03 ¥2.41 ¥2.74 59
Multiples
P/E Multiple ¥7.11 ¥9.48 ¥11.85 63
P/S Multiple ¥2.67 ¥3.56 ¥4.44 58
P/B Multiple ¥5.49 ¥7.33 ¥9.16 55
EV/EBIT ¥3.93 ¥5.37 ¥6.81 53
EV/EBITDA ¥4.99 ¥6.79 ¥8.59 54
EV/Revenue ¥2.09 ¥3.15 ¥4.22 43
Asset-Based
NCAV (Graham) ¥3.92 ¥5.26 ¥7.84 50
Growth DCF
Growth DCF ¥5.61 ¥7.89 ¥10.88 80
Rev-Margin DCF ¥3.26 ¥4.69 ¥6.27 74
Economic Profit
Residual Income ¥6.00 ¥6.09 ¥5.89 76
ROIC Compounder ¥2.03 ¥2.41 ¥2.74 72
Growth Earnings
Growth-Adj P/E ¥5.39 ¥7.71 ¥10.02 68

Widest divergence: Growth Earnings (¥7.71) versus Earnings-Based (¥2.41). Highest evidence: Growth DCF (80).

Notify me when 300651 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 432M CNY
Revenue growth (YoY) +26.9%
Net margin 14.6%
Return on equity 6.6%
Free cash flow 81.4M CNY FY2025
P/E ratio 45.1
More key figures
Operating margin 3.5%
EPS (TTM) ¥0.4600
Dividend yield 1.0%
EPS growth (YoY) +333%
Net debt 34.3M CNY FY2024

Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 57 · Market factors (momentum, volatility) 12

Profitability 33
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 25
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

Jiangsu Jinling Sports Equipment Co.,Ltd. researches, develops, manufactures, and sells sports equipment in China and internationally.

Full company description

Jiangsu Jinling Sports Equipment Co.,Ltd. researches, develops, manufactures, and sells sports equipment in China and internationally. The company offers sports equipment for basketball, football, volleyball, track and field, tennis, billiard, swimming, gymnastics, badminton, table tennis, handball and hockey, fitness, weightlifting, wrestling and judo, and fencing and boxing equipment, as well as equipment for paralympic games and optoelectronic products. It also provides venue facilities that are primarily used for venue seats, movable stands, plastic venues, and other products; venue facility integration and construction, sports health, sports information, and event services; and venue intelligent equipment for the construction of sports facilities, such as stadiums. Jiangsu Jinling Sports Equipment Co.,Ltd. was founded in 1987 and is based in Zhangjiagang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Jinling Sports Equipment Co reported revenue of ¥418M in FY2025 versus ¥547M in FY2021, a compound −6.5%/yr. Reported net income was ¥60.9M in FY2025, compounding +23.6%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
418M CNY
Latest YoY
+12.0%
Avg. 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.
−4.1%
Avg. 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.
−1.4%
Avg. growth/yr (13Y) 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.
+5.2%
Revenue −6.5%/yr
FY21 ¥547M
FY22 ¥474M
FY23 ¥514M
FY24 ¥374M
FY25 ¥418M
Net income +23.6%/yr
FY21 ¥26.0M
FY22 ¥38.5M
FY23 ¥67.6M
FY24 ¥26.8M
FY25 ¥60.9M
Character of growth · EPS growth decomposed (2013-2024) −2.3 % p.a.
Revenue per share +0.0 pp

of which total revenue +3.8 pp · buybacks/dilution −3.9 pp

EBIT margin −3.0 pp
Tax rate +0.5 pp
Residual (interest, one-offs) +0.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

300651 screens 67% overvalued. Compare with ANTA Sports Products Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Jiangsu Jinling Sports Equipment Co Fair Value". https://www.fairvalue-calculator.com/stock/300651

Peer Group

Leisure · 190 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 54 · Above median
Fair Value upside −67% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 2% · Below median
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 4% · Below median
Revenue growth 27% · Top 25%
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 45.1× · Pricier than 75% of peers
P/B 2.65× · Pricier than median
P/S (TTM) 6.78× · Pricier than 75% of peers
P/FCF 5.3× · Pricier than median
EV/EBITDA 33.2× · 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 14
FUTURE 100 · sector 18
PAST 26 · sector 19
HEALTH 89 · sector 94
DIVIDEND 19 · sector 51

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 Leisure stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

Compare Jiangsu Jinling Sports Equipment Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Jiangsu Jinling Sports Equipment Co (300651) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥5.91 versus a price of ¥17.97, about −67% (overvalued).
What is the fair value of 300651?
Our model-based fair value for Jiangsu Jinling Sports Equipment Co is ¥5.91 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥17.97.
What is the quality score of 300651?
Jiangsu Jinling Sports Equipment Co has a Quality Score of 54/100. 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 Jiangsu Jinling Sports Equipment Co (300651)?
Jiangsu Jinling Sports Equipment Co reported trailing-twelve-month revenue of about 432M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300651?
The net profit margin of Jiangsu Jinling Sports Equipment Co is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Jinling Sports Equipment Co pay a dividend?
Jiangsu Jinling Sports Equipment Co currently shows a dividend yield of about 0.96% relative to its recent price (as of Jul 9, 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.

14 days Pro free · no card

Track Jiangsu Jinling Sports Equipment 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.