EN DE

Zhejiang Jindao Technology Co (301279) Fair Value & Analysis

Industrials · CN · Market cap 4.2B CNY

ZJ Zhejiang Jindao Technology Co 301279 · SHE
Price¥18.60
Fair Value¥6.51
Upside-65.0%
Quality60/100
Watch Zhejiang Jindao Technology Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 9.1% net margin
Low debt · generates free cash flow
0.79% dividend yield
Trails peers (4/14)
Narrow moat 38/100
Evidence: High Range ¥4.60 – ¥8.27 Share as image

Fair value as of: Jul 9, 2026

From 23 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥6.63 to ¥6.51 (−1.8%) since Jun 24, 2026. Share price −19.8% over the past month.

A solid business, but screening 65% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥8.27). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (4 years)

¥28.04 ¥7.02 Fair Value ¥6.51 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

52‑month range ¥7.02 – ¥28.04 · fair‑value band ¥4.60 – ¥8.27 · the ¥18.60 price screens above the ¥6.51 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

Zhejiang Jindao Technology Co (301279) currently trades at ¥18.60, while our model-based Fair Value estimate is ¥6.51, implying the stock looks roughly 65.0% overvalued today. The Quality Score stands at 60/100 (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, Zhejiang Jindao Technology Co generated revenue of 716M CNY at a net margin of 9.1%. Revenue grew 11.9% year over year. It earns a return on equity of 4.8%. Net debt stands at 93.7M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥4.60 (bear case) to ¥8.27 (bull case); at ¥18.60, 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 36% below its 52-week high and 23% 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 -65%, 301279 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 ¥2.99 ¥3.92 ¥5.14 80
Residual Income ¥6.05 ¥6.05 ¥5.58 76
Rev-Margin DCF ¥3.66 ¥5.49 ¥7.46 74
All 23 models by family
DCF Models
FCF DCF ¥2.93 ¥3.95 ¥5.34 38
Owner Earnings ¥7.04 ¥9.80 ¥13.60 31
5Y Revenue Exit ¥3.66 ¥5.48 ¥7.75 39
5Y EBITDA Exit ¥6.06 ¥9.77 ¥13.97 41
5Y P/E Exit ¥4.74 ¥7.42 ¥10.11 38
10Y Revenue Exit ¥3.25 ¥4.80 ¥6.76 36
10Y EBITDA Exit ¥4.83 ¥7.64 ¥11.21 37
10Y P/E Exit ¥4.02 ¥6.09 ¥8.45 35
Earnings-Based
Graham-Dodd ¥2.60 ¥6.30 ¥8.14 54
PEG = 1.0 ¥1.12 ¥1.60 ¥2.07 46
EPV ¥3.53 ¥4.00 ¥4.41 59
Multiples
P/E Multiple ¥6.03 ¥8.04 ¥10.05 63
P/S Multiple ¥4.88 ¥6.51 ¥8.13 58
P/B Multiple ¥4.88 ¥6.51 ¥8.13 55
EV/EBIT ¥5.85 ¥7.61 ¥9.37 53
EV/EBITDA ¥8.99 ¥11.80 ¥14.61 54
EV/Revenue ¥4.33 ¥5.95 ¥7.57 43
Asset-Based
NCAV (Graham) ¥4.04 ¥5.41 ¥8.08 50
Growth DCF
Growth DCF ¥2.99 ¥3.92 ¥5.14 80
Rev-Margin DCF ¥3.66 ¥5.49 ¥7.46 74
Economic Profit
Residual Income ¥6.05 ¥6.05 ¥5.58 76
ROIC Compounder ¥3.53 ¥4.00 ¥4.41 72
Growth Earnings
Growth-Adj P/E ¥4.60 ¥6.57 ¥8.55 68

Widest divergence: Growth Earnings (¥6.57) versus Growth DCF (¥3.92). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 716M CNY
Revenue growth (YoY) +11.9%
Net margin 9.1%
Return on equity 4.8%
Free cash flow 39.3M CNY FY2025
P/E ratio 68.7
More key figures
Operating margin 8.3%
EPS (TTM) ¥0.3600
Dividend yield 0.8%
EPS growth (YoY) -20.0%
Net debt 93.7M CNY FY2021

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 61 · Market factors (momentum, volatility) 40

Profitability 29
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 83
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

Zhejiang Jindao Technology Co., Ltd. engages in the research and development, production, and sale of various types of forklift and other industrial vehicle gearboxes in China and internationally.

Full company description

Zhejiang Jindao Technology Co., Ltd. engages in the research and development, production, and sale of various types of forklift and other industrial vehicle gearboxes in China and internationally. It offers hydraulic transmission gearboxes, electric forklift gearboxes, mechanical transmission gearboxes, wet drive axles, and other products to vehicle manufacturers of forklifts and construction machinery vehicles. The company was founded in 2003 and is headquartered in Shaoxing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Jindao Technology Co reported revenue of ¥695M in FY2025 versus ¥640M in FY2021, a compound +2.1%/yr. Reported net income was ¥64.5M in FY2025, compounding −5.1%/yr from FY2021.

Growth Quality 65/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
695M CNY
Latest YoY
+11.9%
Avg. growth/yr (3Y)
+2.1%
Avg. growth/yr (5Y)
+5.6%
Avg. growth/yr (6Y)
+7.5%
Revenue +2.1%/yr
FY21 ¥640M
FY22 ¥654M
FY23 ¥651M
FY24 ¥621M
FY25 ¥695M
Net income −5.1%/yr
FY21 ¥79.6M
FY22 ¥81.6M
FY23 ¥49.1M
FY24 ¥42.7M
FY25 ¥64.5M

301279 screens 65% overvalued. Compare with GE Vernova Inc →

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). "Zhejiang Jindao Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301279

Peer Group

Specialty Industrial Machinery · 809 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 60 · Above median
Fair Value upside −65% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.11× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 68.7× · Pricier than 75% of peers
P/B 3.06× · Pricier than median
P/S (TTM) 5.82× · Pricier than 75% of peers
P/FCF 15.7× · Pricier than median
EV/EBITDA 28.5× · 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 60 · sector 23
PAST 19 · sector 28
HEALTH 94 · sector 96
DIVIDEND 16 · sector 24

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

Insider activity: 30/100

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

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

Compare Zhejiang Jindao Technology Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 Zhejiang Jindao Technology Co (301279) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥6.51 versus a price of ¥18.60, about −65% (overvalued).
What is the fair value of 301279?
Our model-based fair value for Zhejiang Jindao Technology Co is ¥6.51 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥18.60.
What is the quality score of 301279?
Zhejiang Jindao Technology Co has a Quality Score of 60/100. 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 Zhejiang Jindao Technology Co (301279)?
Zhejiang Jindao Technology Co reported trailing-twelve-month revenue of about 716M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301279?
The net profit margin of Zhejiang Jindao Technology Co is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Jindao Technology Co pay a dividend?
Zhejiang Jindao Technology Co currently shows a dividend yield of about 0.79% 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 Zhejiang Jindao Technology 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.