Guangdong Kingshine Electronic Tech (300903) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Guangdong Kingshine Electronic Tech stock ¥33.30, price ¥64.40, upside -48.3%, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
60‑month range ¥4.63 – ¥112.85 · fair‑value band ¥21.58 – ¥45.03 · the ¥64.40 price screens above the ¥33.30 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
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Guangdong Kingshine Electronic Technology Co.,Ltd. engages in the research and development, production, and sale of high-density printed circuit boards in China.
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It offers milimeter wave radar PCB, light module PCB, industrial control class PF PCB, switch PCB, server PCB, new energy, thick copper plate, and HDI board.
Its products are primarily used in consumer electronics, network communication devices, industrial fields, automotive electronics, computer, and other fields. The company was founded in 2001 and is based in Huizhou, China.
Stock analysis
Guangdong Kingshine Electronic Tech (300903) currently trades at ¥64.40, while our model-based Fair Value estimate is ¥33.30, 48.3% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 94/100, which puts the data coverage at low.
Scenario range: ¥21.58 (bear) to ¥45.03 (bull), the price of ¥64.40 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Guangdong Kingshine Electronic Tech reported revenue of 3.7B CNY in FY2025 versus 2.3B CNY in FY2021, a compound +13.4%/yr. Reported net income was −246M CNY in FY2025.
Key figures
Market cap 26.7B CNY (≈ $4.0B) Mid · P/E ratio 247.7 · P/S ratio 5.37 · EPS (TTM) ¥0.2600 · Dividend yield 0.2% · Net margin 2.4% · Return on equity 5.4% · Return on assets (EBIT) −1.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 43% below its 52-week high and 342% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −48%, 300903 screens richer than that median.
Fair Value models
Bear¥21.58Fair Value ¥33.30Bull¥45.03
Price ¥64.40 · Upside -48.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.2158 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+12.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+18.4%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+16.5%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
7.3% (2020) → −3.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Guangdong Kingshine Electronic Tech with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Electronic Components · 648 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−48.3% · Below median
Profitability
Return on equity (12 months)5.4% · Below median
Return on assets−3.7% · Bottom 25%
Net margin (12 months)2.4% · Below median
Operating margin (12 months)21.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)100.9% · Top 25%
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.11× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)247.7× · Priciest 25%
P/B16.70× · Priciest 25%
P/S (12 months)5.37× · Priciest 25%
EV/EBITDA48.9× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 64
PAST (return on equity)22· sector 27
HEALTH (low debt)95· sector 95
DIVIDEND (yield)4· sector 25
VALUE 0: the price sits above our fair-value range.
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.
Is Guangdong Kingshine Electronic Tech (300903) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of ¥33.30 versus a price of ¥64.40, about −48% upside (overvalued).
What is the fair value of 300903?
Our model-based fair value for Guangdong Kingshine Electronic Tech is ¥33.30 (as of Oct 29, 2026), built from audited fundamentals. The current price: ¥64.40.
What is the quality score of 300903?
Guangdong Kingshine Electronic Tech has a Quality Score of 44/100. 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 price target for Guangdong Kingshine Electronic Tech (300903)?
Our model-based price target is the fair value of ¥33.30 (as of Oct 29, 2026) from 2 valuation models. Cautious scenario ¥21.58, optimistic scenario ¥45.03. It is a calculation from audited fundamentals, not an analyst target.
What is the Guangdong Kingshine Electronic Tech stock forecast for 2026?
Our models put fair value at ¥33.30, about −48% upside versus a price of ¥64.40 (overvalued). Cautious scenario ¥21.58, optimistic scenario ¥45.03. The calculation is refreshed regularly with new filings.
What is the revenue of Guangdong Kingshine Electronic Tech (300903)?
Guangdong Kingshine Electronic Tech reported trailing-twelve-month revenue of about 5.0B CNY (latest available figure, as of Oct 29, 2026).
Does Guangdong Kingshine Electronic Tech pay a dividend?
Guangdong Kingshine Electronic Tech currently shows a dividend yield of 0.18% relative to its recent price (as of Oct 29, 2026).
What is the intrinsic value of Guangdong Kingshine Electronic Tech (300903)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Guangdong Kingshine Electronic Tech it is ¥33.30 per share (as of Oct 29, 2026), against a price of ¥64.40. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Guangdong Kingshine Electronic Tech stock overvalued or undervalued in 2026?
As of Oct 29, 2026, 300903 trades above its calculated fair value: price ¥64.40, fair value ¥33.30, a gap of about −48% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 300903?
No. The price is what the market pays today (¥64.40); the fair value is what the company's own numbers justify (¥33.30). For Guangdong Kingshine Electronic Tech the two are ¥31.10 per share apart. That gap is exactly why we show both numbers side by side.
How much is Guangdong Kingshine Electronic Tech worth?
The market values Guangdong Kingshine Electronic Tech at about 26.7B CNY (market capitalisation, as of Oct 29, 2026). Per share that is ¥64.40; our models calculate a fair value of ¥33.30 per share.
What do the bullish and bearish scenarios say about 300903?
Our models span a range for Guangdong Kingshine Electronic Tech: cautious scenario ¥21.58, base ¥33.30, optimistic ¥45.03 per share (as of Oct 29, 2026, price ¥64.40). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 300903?
Guangdong Kingshine Electronic Tech trades at a price-to-earnings ratio of 247.7 (as of Oct 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥33.30 is built from several models across several years. Other multiples: P/B 16.7, P/S 5.4, EV/EBITDA 48.9.
How solid is the balance sheet of Guangdong Kingshine Electronic Tech (300903)?
Balance-sheet figures for Guangdong Kingshine Electronic Tech (as of Oct 29, 2026): return on equity 5.4%, debt of 0.11 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 300903 from its 52-week high?
Guangdong Kingshine Electronic Tech trades at ¥64.40, about 43% below its 52-week high of ¥112.85 and 342% above the low of ¥14.58 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of ¥33.30 is for.
Which stocks are comparable to Guangdong Kingshine Electronic Tech?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Samsung Electro-Mechanics Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Guangdong Kingshine Electronic Tech stock attractive at the current price?
The data as of Oct 29, 2026: price ¥64.40, calculated fair value ¥33.30 (−48%), Quality Score 44/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 300903 calculated?
We run Guangdong Kingshine Electronic Tech through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥33.30, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.1 % above its aggregate fair value. Guangdong Kingshine Electronic Tech itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Guangdong Kingshine Electronic Tech (300903)?
The closing price on Oct 29, 2026 was ¥64.40. Our model-based fair value is ¥33.30, about −48% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Guangdong Kingshine Electronic Tech right now?
The price sits above even our optimistic bull case (¥45.03). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (¥21.58 to ¥45.03) leaves room in how you read the outcome.
Key figures of Guangdong Kingshine Electronic Tech
How large is the market capitalisation of Guangdong Kingshine Electronic Tech (300903)?
The market capitalisation of Guangdong Kingshine Electronic Tech is 26.7B CNY (≈ $4.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Guangdong Kingshine Electronic Tech (300903)?
The price-to-sales ratio of Guangdong Kingshine Electronic Tech is 5.37 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Guangdong Kingshine Electronic Tech (300903)?
Earnings per share at Guangdong Kingshine Electronic Tech are ¥0.2600 (price ÷ EPS = P/E 247.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Guangdong Kingshine Electronic Tech (300903)?
The dividend yield of Guangdong Kingshine Electronic Tech is 0.2% (payout 45.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Guangdong Kingshine Electronic Tech (300903)?
The net margin of Guangdong Kingshine Electronic Tech is 2.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Guangdong Kingshine Electronic Tech (300903)?
The return on equity (ROE) of Guangdong Kingshine Electronic Tech is 5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Guangdong Kingshine Electronic Tech (300903)?
On an EBIT basis the return on assets of Guangdong Kingshine Electronic Tech is −1.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Guangdong Kingshine Electronic Tech (300903)?
The operating margin of Guangdong Kingshine Electronic Tech is 21.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Guangdong Kingshine Electronic Tech (300903)?
Revenue at Guangdong Kingshine Electronic Tech is growing +101% versus a year earlier (3y avg +12.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Guangdong Kingshine Electronic Tech (300903)?
Earnings per share at Guangdong Kingshine Electronic Tech are growing −41.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Guangdong Kingshine Electronic Tech (300903) generate?
The free cash flow of Guangdong Kingshine Electronic Tech is −225M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Guangdong Kingshine Electronic Tech (300903) carry?
The net debt of Guangdong Kingshine Electronic Tech is 892M CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 29, 2026