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Shenzhen Honor Electronic Co (300870) Fair Value & Analysis

Industrials · CN · Market cap 56.9B CNY

SH Shenzhen Honor Electronic Co 300870 · SHE
Price¥280.72
Fair Value¥33.57
Upside-88.0%
Quality54/100
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Evidence: High Range ¥23.68 – ¥41.96

Fair value as of: Jul 9, 2026

From 23 valuation models · updated today

Share price +5.0% over the past month.

Price vs Fair Value (12 months)

¥380.06 ¥78.16 Fair Value ¥33.57 Jun 2025 Jul 2026

12‑month range ¥78.16 – ¥380.06 · fair‑value band ¥23.68 – ¥41.96 · the ¥280.72 price screens above the ¥33.57 fair value. As of Jul 9, 2026.

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Analysis

Shenzhen Honor Electronic Co (300870) currently trades at ¥280.72, while our model-based Fair Value estimate is ¥33.57 — implying the stock looks roughly 88.0% overvalued today. We read business quality at 54/100 (solid 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, Shenzhen Honor Electronic Co generated revenue of 4.6B CNY at a net margin of 3.9%. Revenue grew 17.3% year over year. It earns a return on equity of 7.2%. Net debt stands at 43.7M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥23.68 (bear case) to ¥41.96 (bull case); at ¥280.72, the current price sits above that range. The share trades about 25% below its 52-week high and 259% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -47% fair-value upside — at -88%, 300870 screens richer than that median.

Key figures & financial health

Revenue (TTM) 4.6B CNY
Revenue growth (YoY) +17.3%
Net margin 3.9%
Return on equity 7.2%
Free cash flow 116M CNY FY2025
P/E ratio 305.7
More key figures
Operating margin 1.9%
EPS (TTM) ¥1.22
Dividend yield 0.2%
EPS growth (YoY) +19.8%
Net debt 43.7M CNY FY2024

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

About the company

Shenzhen Honor Electronic Co., Ltd. engages in research and development, production, and sale of switching power supply products in China and internationally. The company offers data center power supply, consumer power supplies, industrial power supply, power battery charger, electric vehicle chargers, rail-mounted photovoltaic power supplies, and intelligent controllers. It also provides power adapters and server power supplies, as well as related customer services. Its products are used in office electronics, network communications, security monitoring, smart homes, new consumer electronic devices, data centers, power battery equipment, pure electric vehicles, and chemical composition equipment. Shenzhen Honor Electronic Co., Ltd. was founded in 1996 and is headquartered in Shenzhen, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen Honor Electronic Co reported revenue of ¥4.5B in FY2025 versus ¥2.6B in FY2021, a compound +14.8%/yr. Reported net income was ¥244M in FY2025, compounding +21.7%/yr from FY2021.

Revenue +14.8%/yr
FY21 ¥2.6B
FY22 ¥2.7B
FY23 ¥2.9B
FY24 ¥3.8B
FY25 ¥4.5B
Net income +21.7%/yr
FY21 ¥111M
FY22 ¥90.4M
FY23 ¥196M
FY24 ¥268M
FY25 ¥244M

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Cite: Fair Value Calculator (2026). "Shenzhen Honor Electronic Co Fair Value". https://www.fairvalue-calculator.com/stock/300870

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10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

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LG Energy Solution, Ltd 373220 385,500 KRW 7,302 KRW -98%
Sungrow Power Supply Co 300274 ¥163.46 ¥245.40 +50%
WEG S.A WEGE3 13,210 ARS 7,316 ARS -45%
Samsung SDI Co 006400 568,000 KRW 429,321 KRW -24%
Shenzhen Inovance Technology Co 300124 ¥70.10 ¥40.60 -42%
HD Hyundai Electric Co 267260 1,000,000 KRW 534,510 KRW -47%

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Frequently asked questions

Is Shenzhen Honor Electronic Co (300870) undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥33.57 versus a price of ¥280.72 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 300870?
Our model-based fair value for Shenzhen Honor Electronic Co is ¥33.57 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥280.72.
What is the quality score of 300870?
Shenzhen Honor Electronic Co has a Quality Score of 54/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shenzhen Honor Electronic Co (300870)?
Shenzhen Honor Electronic Co reported trailing-twelve-month revenue of about 4.6B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300870?
The net profit margin of Shenzhen Honor Electronic Co is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Shenzhen Honor Electronic Co pay a dividend?
Shenzhen Honor Electronic Co currently shows a dividend yield of about 0.17% 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.