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State Power Rixin Technology Co (301162) Fair Value & Analysis

Technology · CN · Market cap 7.7B CNY

SP State Power Rixin Technology Co 301162 · SHE
Price¥40.73
Fair Value¥11.87
Upside-70.9%
Quality41/100
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Expensive Growth
Solidly profitable · 18.8% net margin
Low debt · negative free cash flow
1.19% dividend yield
Ranks above peers (8/13)
Moderate moat 57/100
Evidence: Medium Range ¥8.90 – ¥14.57 Share as image

Fair value as of: Jul 9, 2026

From 15 valuation models · updated 32 days ago

Share price +5.1% over the past month.

Below-average quality, and screening another 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥14.57). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (4 years)

¥58.03 ¥17.73 Fair Value ¥11.87 Apr 2022 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

51‑month range ¥17.73 – ¥58.03 · fair‑value band ¥8.90 – ¥14.57 · the ¥40.73 price screens above the ¥11.87 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

State Power Rixin Technology Co (301162) currently trades at ¥40.73, while our model-based Fair Value estimate is ¥11.87, implying the stock looks roughly 70.9% overvalued today. The Quality Score stands at 41/100 (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, State Power Rixin Technology Co generated revenue of 724M CNY at a net margin of 18.8%. Revenue grew 4.7% year over year. It earns a return on equity of 9.6%. The stock trades on a trailing P/E of 54.1. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥8.90 (bear case) to ¥14.57 (bull case); at ¥40.73, 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 32% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -7% fair-value upside, at -71%, 301162 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
Residual Income ¥7.00 ¥7.49 ¥8.40 76
ROIC Compounder ¥6.78 ¥7.61 ¥8.32 72
Growth-Adj P/E ¥15.88 ¥22.69 ¥29.49 68
All 15 models by family
DCF Models
Owner Earnings ¥3.11 ¥5.05 ¥8.96 31
Earnings-Based
Graham-Dodd ¥4.74 ¥33.09 ¥46.44 54
Lynch FV ¥12.74 ¥18.20 ¥23.66 50
PEG = 1.0 ¥12.74 ¥18.20 ¥23.66 46
EPV ¥6.78 ¥7.61 ¥8.32 59
Multiples
P/E Multiple ¥10.47 ¥13.96 ¥17.44 63
P/S Multiple ¥7.21 ¥9.61 ¥12.01 58
P/B Multiple ¥8.90 ¥11.86 ¥14.83 55
EV/EBIT ¥11.40 ¥14.70 ¥17.99 53
EV/EBITDA ¥10.89 ¥14.02 ¥17.14 54
EV/Revenue ¥8.18 ¥11.04 ¥13.89 43
Asset-Based
NCAV (Graham) ¥4.24 ¥5.68 ¥8.48 50
Economic Profit
Residual Income ¥7.00 ¥7.49 ¥8.40 76
ROIC Compounder ¥6.78 ¥7.61 ¥8.32 72
Growth Earnings
Growth-Adj P/E ¥15.88 ¥22.69 ¥29.49 68

Widest divergence: Growth Earnings (¥22.69) versus DCF Models (¥5.05). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 724M CNY
Revenue growth (YoY) +4.7%
Net margin 18.8%
Return on equity 9.6%
Free cash flow −57.3M CNY FY2025
P/E ratio 54.1
More key figures
Operating margin 18.1%
EPS (TTM) ¥0.7600
Dividend yield 1.2%
EPS growth (YoY) +21.4%

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 44 · Market factors (momentum, volatility) 40

Profitability 41
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 6
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 33
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

State Power Rixin Technology Co., Ltd. provides data services and application solutions for energy industry in China and internationally. The company offers energy data management, intelligent power station services, smart power grid planning and operation services, and power trading services.

Full company description

State Power Rixin Technology Co., Ltd. provides data services and application solutions for energy industry in China and internationally. The company offers energy data management, intelligent power station services, smart power grid planning and operation services, and power trading services. It also provides energy data management solutions comprising wind and light, centralized, and wind-bird high precision power forecast; power trading, such as power transaction assistance decision-making support and electricity output prediction systems; data management, including resource assessment and data governance; and virtual power plant energy service. In addition, the company offers intelligent power station services, including intelligent grid-connected control in the areas of automatic generation control/automatic voltage control and fast-frequency reaction; distributed power station management, including centralized operation and management, as well as distributed monitoring, operation, and management; power station technical services; and energy storage systems. It also provides solutions related to intelligent grid, such as province- and prefecture-dispatched new energy management. State Power Rixin Technology Co., Ltd. was founded in 2008 and is headquartered in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

State Power Rixin Technology Co reported revenue of ¥717M in FY2025 versus ¥300M in FY2021, a compound +24.3%/yr. Reported net income was ¥130M in FY2025, compounding +21.8%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
717M CNY
Latest YoY
+30.5%
Avg. growth/yr (3Y)
+25.9%
Avg. growth/yr (5Y)
+23.6%
Avg. growth/yr (6Y)
+27.2%
Revenue +24.3%/yr
FY21 ¥300M
FY22 ¥360M
FY23 ¥456M
FY24 ¥550M
FY25 ¥717M
Net income +21.8%/yr
FY21 ¥59.2M
FY22 ¥67.1M
FY23 ¥84.2M
FY24 ¥93.6M
FY25 ¥130M

301162 screens 71% overvalued. Compare with First Solar, Inc →

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Cite: Fair Value Calculator (2026). "State Power Rixin Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301162

Peer Group

Solar · 119 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 41 · Above median
Fair Value upside −71% · Bottom 25%
Return on equity (TTM) 10% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 1.2% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Solar median · lower = cheaper

P/E (TTM) 54.1× · Pricier than 75% of peers
P/B 4.85× · Pricier than 75% of peers
P/S (TTM) 10.60× · Pricier than 75% of peers
EV/EBITDA 44.1× · 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 22
FUTURE 24 · sector 0
PAST 39 · sector 0
HEALTH 98 · sector 85
DIVIDEND 24 · sector 14

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

Insider activity: 40/100

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

Stock Price Fair Value vs Fair Value
First Solar, Inc FSLR $221.03 $284.45 +29%
Nextpower Inc NXT $111.50 $69.61 -38%
Waaree Energies Limited WAAREEENER ₹2,923 ₹3,613 +24%
Tongwei Co 600438 ¥13.08 ¥12.13 -7%
Jinko Solar Co 688223 ¥4.39 ¥4.75 +8%
Hengdian Group 002056 ¥21.64 ¥22.76 +5%
CSI Solar Co 688472 ¥10.11 ¥7.01 -31%
Enphase Energy, Inc ENPH $44.83 $22.20 -50%
Premier Energies Limited PREMIERENE ₹1,086 ₹912.32 -16%
Trina Solar Co 688599 ¥12.98 ¥7.97 -39%

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Frequently asked questions

Is State Power Rixin Technology Co (301162) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥11.87 versus a price of ¥40.73, about −71% (overvalued).
What is the fair value of 301162?
Our model-based fair value for State Power Rixin Technology Co is ¥11.87 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥40.73.
What is the quality score of 301162?
State Power Rixin Technology Co has a Quality Score of 41/100. 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 State Power Rixin Technology Co (301162)?
State Power Rixin Technology Co reported trailing-twelve-month revenue of about 724M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301162?
The net profit margin of State Power Rixin Technology Co is about 18.8%, meaning it keeps roughly 18.8% of revenue as net income. Based on the latest reported figures.
Does State Power Rixin Technology Co pay a dividend?
State Power Rixin Technology Co currently shows a dividend yield of about 1.19% 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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