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Zhejiang ZUCH Technology Co (301280) Fair Value & Analysis

Technology · CN · Market cap 9.0B CNY

ZZ Zhejiang ZUCH Technology Co 301280 · SHE
Price¥41.19
Fair Value¥18.55
Upside-55.0%
Quality51/100
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Expensive Growth
Solidly profitable · 11.3% net margin
Low debt · negative free cash flow
0.35% dividend yield
Mixed vs. peers (6/13)
Moderate moat 48/100
Evidence: Medium Range ¥13.91 – ¥23.19 Share as image

Fair value as of: Jul 9, 2026

From 14 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥20.82 to ¥18.55 (−10.9%) since Jun 24, 2026. Share price −15.1% over the past month.

A solid business, but screening 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥23.19). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

¥54.07 ¥12.13 Fair Value ¥18.55 Dec 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

43‑month range ¥12.13 – ¥54.07 · fair‑value band ¥13.91 – ¥23.19 · the ¥41.19 price screens above the ¥18.55 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Zhejiang ZUCH Technology Co (301280) currently trades at ¥41.19, while our model-based Fair Value estimate is ¥18.55, implying the stock looks roughly 55.0% overvalued today. The Quality Score stands at 51/100 (solid 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, Zhejiang ZUCH Technology Co generated revenue of 1.9B CNY at a net margin of 11.3%. Revenue grew 23.9% year over year. It earns a return on equity of 11.3%. Net debt stands at 32.5M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥13.91 (bear case) to ¥23.19 (bull case); at ¥41.19, 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 20% below its 52-week high and 60% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -55%, 301280 screens cheaper 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 ¥8.87 ¥9.97 ¥16.80 76
ROIC Compounder ¥10.20 ¥13.19 ¥16.18 72
Growth-Adj P/E ¥15.65 ¥22.36 ¥29.07 68
All 14 models by family
Earnings-Based
Graham-Dodd ¥7.42 ¥39.35 ¥54.49 54
Lynch FV ¥10.84 ¥15.49 ¥20.13 50
PEG = 1.0 ¥10.84 ¥15.49 ¥20.13 46
EPV ¥10.13 ¥11.45 ¥12.59 59
Multiples
P/E Multiple ¥16.37 ¥21.83 ¥27.28 63
P/S Multiple ¥13.91 ¥18.55 ¥23.19 58
P/B Multiple ¥13.91 ¥18.55 ¥23.19 55
EV/EBIT ¥17.50 ¥22.74 ¥27.99 53
EV/EBITDA ¥15.18 ¥19.65 ¥24.13 54
EV/Revenue ¥12.36 ¥16.91 ¥21.46 43
Asset-Based
NCAV (Graham) ¥5.01 ¥6.71 ¥10.01 50
Economic Profit
Residual Income ¥8.87 ¥9.97 ¥16.80 76
ROIC Compounder ¥10.20 ¥13.19 ¥16.18 72
Growth Earnings
Growth-Adj P/E ¥15.65 ¥22.36 ¥29.07 68

Widest divergence: Growth Earnings (¥22.36) versus Asset-Based (¥6.71). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.9B CNY
Revenue growth (YoY) +23.9%
Net margin 11.3%
Return on equity 11.3%
Free cash flow −147M CNY FY2025
P/E ratio 42.0
More key figures
Operating margin 13.9%
EPS (TTM) ¥1.12
Dividend yield 0.4%
EPS growth (YoY) +5.0%
Net debt 32.5M CNY FY2021

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 64

Profitability 42
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 82
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 ZUCH Technology Co., Ltd. engages in research and development, production, and sale of electronic connectors in China. It offers home appliance connectors, such as quick disconnect terminals and connectors, ring or spade terminals, small pitch connectors, solderless terminals, RAST connectors, pierce connectors, and compressor connectors.

Full company description

Zhejiang ZUCH Technology Co., Ltd. engages in research and development, production, and sale of electronic connectors in China. It offers home appliance connectors, such as quick disconnect terminals and connectors, ring or spade terminals, small pitch connectors, solderless terminals, RAST connectors, pierce connectors, and compressor connectors. The company also provides power and signal connections between batteries, electronic controls, motors, instruments, and other equipment in new energy vehicles, offering connectors, wire harnesses, flexible connections, copper and aluminum busbars, and other components; and provides connectivity solutions for photovoltaic power plants, inverters, energy storage stations, and mobile energy storage devices. Zhejiang ZUCH Technology Co., Ltd. was incorporated in 1994 and is headquartered in Yueqing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang ZUCH Technology Co reported revenue of ¥1.8B in FY2025 versus ¥1.1B in FY2021, a compound +13.7%/yr. Reported net income was ¥209M in FY2025, compounding +11.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.8B CNY
Latest YoY
+9.7%
Avg. growth/yr (3Y)
+19.0%
Revenue +13.7%/yr
FY21 ¥1.1B
FY22 ¥1.0B
FY23 ¥1.2B
FY24 ¥1.6B
FY25 ¥1.8B
Net income +11.1%/yr
FY21 ¥137M
FY22 ¥110M
FY23 ¥147M
FY24 ¥186M
FY25 ¥209M

301280 screens 55% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Zhejiang ZUCH Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301280

Peer Group

Electronic Components · 626 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 51 · Below median
Fair Value upside −55% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 4% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 24% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 42.0× · Pricier than median
P/B 4.70× · Pricier than 75% of peers
P/S (TTM) 4.83× · Pricier than 75% of peers
EV/EBITDA 35.6× · 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 32
PAST 45 · sector 24
HEALTH 96 · sector 95
DIVIDEND 7 · sector 25

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

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

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Zhejiang ZUCH Technology Co (301280) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥18.55 versus a price of ¥41.19, about −55% (overvalued).
What is the fair value of 301280?
Our model-based fair value for Zhejiang ZUCH Technology Co is ¥18.55 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥41.19.
What is the quality score of 301280?
Zhejiang ZUCH Technology Co has a Quality Score of 51/100. 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 ZUCH Technology Co (301280)?
Zhejiang ZUCH Technology Co reported trailing-twelve-month revenue of about 1.9B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301280?
The net profit margin of Zhejiang ZUCH Technology Co is about 11.3%, meaning it keeps roughly 11.3% of revenue as net income. Based on the latest reported figures.
Does Zhejiang ZUCH Technology Co pay a dividend?
Zhejiang ZUCH Technology Co currently shows a dividend yield of about 0.35% 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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