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Xi'an Sinofuse Electric Co (301031) Fair Value & Analysis

Industrials · CN · Market cap 18.5B CNY

XA Xi'an Sinofuse Electric Co 301031 · SHE
Price¥87.82
Fair Value¥40.60
Upside-53.8%
Quality59/100
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Healthy Growth
Solidly profitable · 19.0% net margin
Low debt · generates free cash flow
0.28% dividend yield
Mixed vs. peers (6/14)
Wide moat 78/100
Evidence: High Range ¥28.18 – ¥104.63 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 32 days ago

Share price −18.6% over the past month.

A solid business, but screening 54% overvalued on our models.

What matters now

  • The model range is unusually wide (¥28.18 to ¥104.63). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥180.24 ¥43.90 Fair Value ¥40.60 Jul 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 ¥43.90 – ¥180.24 · fair‑value band ¥28.18 – ¥104.63 · the ¥87.82 price screens above the ¥40.60 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Xi'an Sinofuse Electric Co (301031) currently trades at ¥87.82, while our model-based Fair Value estimate is ¥40.60, implying the stock looks roughly 53.8% overvalued today. The Quality Score stands at 59/100 (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, Xi'an Sinofuse Electric Co generated revenue of 2.4B CNY at a net margin of 19.0%. Revenue grew 61.9% year over year. It earns a return on equity of 31.5%. Net debt stands at 102M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥28.18 (bear case) to ¥104.63 (bull case); at ¥87.82, the current price sits within 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 and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -54%, 301031 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 BearBaseBull Evidence
Highest evidence
Growth DCF ¥23.85 ¥47.74 ¥86.88 80
Residual Income ¥19.22 ¥26.08 ¥164.58 76
Rev-Margin DCF ¥24.15 ¥44.15 ¥85.96 74
All 24 models by family
DCF Models
FCF DCF ¥25.38 ¥40.17 ¥87.27 38
Owner Earnings ¥26.50 ¥60.83 ¥132.90 31
5Y Revenue Exit ¥21.81 ¥38.56 ¥73.65 39
5Y EBITDA Exit ¥34.10 ¥63.42 ¥121.01 41
5Y P/E Exit ¥39.62 ¥93.97 ¥168.88 38
10Y Revenue Exit ¥22.41 ¥50.86 ¥69.32 36
10Y EBITDA Exit ¥32.23 ¥77.34 ¥157.60 37
10Y P/E Exit ¥36.26 ¥89.22 ¥178.25 35
Earnings-Based
Graham-Dodd ¥18.85 ¥131.44 ¥184.45 54
Lynch FV ¥67.90 ¥97.01 ¥126.11 50
PEG = 1.0 ¥67.90 ¥97.01 ¥126.11 46
EPV ¥24.84 ¥29.05 ¥32.73 59
Multiples
P/E Multiple ¥43.65 ¥58.20 ¥72.75 63
P/S Multiple ¥22.30 ¥29.73 ¥37.16 58
P/B Multiple ¥35.34 ¥47.12 ¥58.90 55
EV/EBIT ¥42.38 ¥56.64 ¥70.90 53
EV/EBITDA ¥35.94 ¥48.06 ¥60.17 54
EV/Revenue ¥18.32 ¥26.35 ¥34.38 43
Asset-Based
NCAV (Graham) ¥5.40 ¥7.24 ¥10.81 50
Growth DCF
Growth DCF ¥23.85 ¥47.74 ¥86.88 80
Rev-Margin DCF ¥24.15 ¥44.15 ¥85.96 74
Economic Profit
Residual Income ¥19.22 ¥26.08 ¥164.58 76
ROIC Compounder ¥34.43 ¥56.83 ¥72.20 72
Growth Earnings
Growth-Adj P/E ¥88.82 ¥126.88 ¥164.95 68

Widest divergence: Growth Earnings (¥126.88) versus Asset-Based (¥7.24). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.4B CNY
Revenue growth (YoY) +61.9%
Net margin 19.0%
Return on equity 31.5%
Free cash flow 224M CNY FY2025
P/E ratio 40.5
More key figures
Operating margin 20.4%
EPS (TTM) ¥3.13
Dividend yield 0.3%
EPS growth (YoY) +87.0%
Net debt 102M CNY FY2025

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

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 33

Profitability 68
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 19
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 50
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

Xi'an Sinofuse Electric Co., Ltd. engages in the research, development, production, and sale of fuses and related accessories in China. The company offers power fuses, excitation fuses, and intelligent fuses, as well as offers related solutions.

Full company description

Xi'an Sinofuse Electric Co., Ltd. engages in the research, development, production, and sale of fuses and related accessories in China. The company offers power fuses, excitation fuses, and intelligent fuses, as well as offers related solutions. Its products are used for new energy vehicles, new energy wind, solar power generation, energy storage, communications, rail transportation, data centers, and other industries. The company was founded in 2007 and is based in Xi'an, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Xi'an Sinofuse Electric Co reported revenue of ¥2.2B in FY2025 versus ¥385M in FY2021, a compound +54.1%/yr. Reported net income was ¥405M in FY2025, compounding +49.8%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.2B CNY
Latest YoY
+52.9%
Avg. growth/yr (3Y)
+42.3%
Avg. growth/yr (5Y)
+57.2%
Avg. growth/yr (6Y)
+49.9%
Revenue +54.1%/yr
FY21 ¥385M
FY22 ¥755M
FY23 ¥1.1B
FY24 ¥1.4B
FY25 ¥2.2B
Net income +49.8%/yr
FY21 ¥80.5M
FY22 ¥154M
FY23 ¥117M
FY24 ¥187M
FY25 ¥405M

301031 screens 54% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Xi'an Sinofuse Electric Co Fair Value". https://www.fairvalue-calculator.com/stock/301031

Peer Group

Electrical Equipment & Parts · 528 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 59 · Above median
Fair Value upside −54% · Below median
Return on equity (TTM) 31% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 62% · Top 25%
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 40.5× · Pricier than median
P/B 11.72× · Pricier than 75% of peers
P/S (TTM) 7.67× · Pricier than 75% of peers
P/FCF 12.3× · Pricier than 75% of peers
EV/EBITDA 33.5× · 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 0
FUTURE 100 · sector 57
PAST 100 · sector 26
HEALTH 91 · sector 97
DIVIDEND 6 · sector 18

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

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

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Xi'an Sinofuse Electric Co (301031) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥40.60 versus a price of ¥87.82, about −54% (overvalued).
What is the fair value of 301031?
Our model-based fair value for Xi'an Sinofuse Electric Co is ¥40.60 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥87.82.
What is the quality score of 301031?
Xi'an Sinofuse Electric Co has a Quality Score of 59/100. 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 Xi'an Sinofuse Electric Co (301031)?
Xi'an Sinofuse Electric Co reported trailing-twelve-month revenue of about 2.4B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301031?
The net profit margin of Xi'an Sinofuse Electric Co is about 19.0%, meaning it keeps roughly 19.0% of revenue as net income. Based on the latest reported figures.
Does Xi'an Sinofuse Electric Co pay a dividend?
Xi'an Sinofuse Electric Co currently shows a dividend yield of about 0.28% 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.

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