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Zhejiang Sling Automobile Bearing Co (301550) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 34.5B CNY

ZS Zhejiang Sling Automobile Bearing Co 301550 · SHE
Price¥73.95
Fair Value¥51.92
Upside-29.8%
Quality45/100
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Weak Growth
Highly profitable · 20.5% net margin
Low debt · generates free cash flow
0.29% dividend yield
Trails peers (5/13)
Moderate moat 59/100
Evidence: High Range ¥38.81 – ¥68.64 Share as image

Fair value as of: Jul 9, 2026

From 22 valuation models · updated 32 days ago

Share price −27.9% over the past month.

Below-average quality, and screening another 30% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥68.64). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

¥141.97 ¥8.15 Fair Value ¥51.92 Sep 2023 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

35‑month range ¥8.15 – ¥141.97 · fair‑value band ¥38.81 – ¥68.64 · the ¥73.95 price screens above the ¥51.92 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Zhejiang Sling Automobile Bearing Co (301550) currently trades at ¥73.95, while our model-based Fair Value estimate is ¥51.92, implying the stock looks roughly 29.8% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Consumer Cyclical 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 Sling Automobile Bearing Co generated revenue of 805M CNY at a net margin of 20.5%. Revenue grew 8.7% year over year. It earns a return on equity of 9.1%. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥38.81 (bear case) to ¥68.64 (bull case); at ¥73.95, 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 49% below its 52-week high and 111% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -30%, 301550 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
Growth DCF ¥4.23 ¥4.82 ¥5.77 80
Residual Income ¥4.74 ¥5.21 ¥7.51 76
Rev-Margin DCF ¥5.54 ¥7.31 ¥9.37 74
All 22 models by family
DCF Models
FCF DCF ¥4.17 ¥4.78 ¥5.83 38
Owner Earnings ¥4.61 ¥5.38 ¥6.71 31
5Y Revenue Exit ¥5.54 ¥7.30 ¥9.73 39
5Y EBITDA Exit ¥6.28 ¥8.55 ¥11.41 41
5Y P/E Exit ¥7.34 ¥10.39 ¥13.80 38
10Y Revenue Exit ¥4.89 ¥6.35 ¥8.09 36
10Y EBITDA Exit ¥5.46 ¥7.18 ¥9.23 37
10Y P/E Exit ¥6.11 ¥8.40 ¥10.84 35
Earnings-Based
Graham-Dodd ¥3.50 ¥6.39 ¥7.90 54
EPV ¥6.36 ¥7.00 ¥7.56 59
Multiples
P/E Multiple ¥7.72 ¥10.29 ¥12.87 63
P/S Multiple ¥4.41 ¥5.88 ¥7.34 58
P/B Multiple ¥6.56 ¥8.75 ¥10.94 55
EV/EBIT ¥9.40 ¥11.68 ¥13.97 53
EV/EBITDA ¥8.30 ¥10.21 ¥12.13 54
EV/Revenue ¥6.66 ¥8.42 ¥10.18 43
Asset-Based
NCAV (Graham) ¥2.74 ¥3.67 ¥5.47 50
Growth DCF
Growth DCF ¥4.23 ¥4.82 ¥5.77 80
Rev-Margin DCF ¥5.54 ¥7.31 ¥9.37 74
Economic Profit
Residual Income ¥4.74 ¥5.21 ¥7.51 76
ROIC Compounder ¥6.43 ¥7.21 ¥8.02 72
Growth Earnings
Growth-Adj P/E ¥5.48 ¥7.83 ¥10.18 68

Widest divergence: Multiples (¥8.75) versus Asset-Based (¥3.67). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 805M CNY
Revenue growth (YoY) +8.7%
Net margin 20.5%
Return on equity 9.1%
Free cash flow 53.5M CNY FY2025
P/E ratio 205.7
More key figures
Operating margin 20.7%
EPS (TTM) ¥0.5000
Dividend yield 0.3%
EPS growth (YoY) -15.0%

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 48 · Market factors (momentum, volatility) 48

Profitability 43
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 6
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 40
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 Sling Automobile Bearing Co., Ltd. engages in the research and development, manufacture, and sale of automotive bearings in China.

Full company description

Zhejiang Sling Automobile Bearing Co., Ltd. engages in the research and development, manufacture, and sale of automotive bearings in China. Its product portfolio includes brake systems, such as wheel hub bearing, hub bearing, heavy truck bearing, and wheel bearing kits; and drive systems comprising single-row tapered roller, drive motor, and clutch release bearings. The company also provides dynamical systems, including tensioning wheel series and unidirectional pulleys, as well as power system products, such as automobile engine timing system tensioners, idlers, accessory tensioners, and one-way pulleys; and non-automotive bearings comprising industrial and construction machinery bearings, agricultural bearings, and hub units for applications in agricultural machinery and engineering machinery bearings. In addition, it offers robot component products that include harmonic reducers, actuator modules, and others. The company was formerly known as Xinchang Shuangling Automotive Bearings Co.,Ltd and changed its name to Zhejiang Sling Automobile Bearing Co., Ltd. in November 2014. Zhejiang Sling Automobile Bearing Co., Ltd. incorporated in 2004 and is based in Shaoxing, China.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Zhejiang Sling Automobile Bearing Co reported revenue of ¥788M in FY2025 versus ¥750M in FY2022, a compound +1.7%/yr. Reported net income was ¥173M in FY2025, compounding +12.1%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
788M CNY
Latest YoY
+1.8%
Avg. growth/yr (3Y)
+1.7%
Revenue +1.7%/yr
FY22 ¥750M
FY23 ¥738M
FY24 ¥774M
FY25 ¥788M
Net income +12.1%/yr
FY22 ¥123M
FY23 ¥150M
FY24 ¥190M
FY25 ¥173M

301550 screens 30% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Zhejiang Sling Automobile Bearing Co Fair Value". https://www.fairvalue-calculator.com/stock/301550

Peer Group

Auto Parts · 642 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 45 · Below median
Fair Value upside −30% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 4% · Above median
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 21% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 205.7× · Pricier than 75% of peers
P/B 18.79× · Pricier than 75% of peers
P/S (TTM) 42.83× · Pricier than 75% of peers
P/FCF 95.7× · 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 17
FUTURE 44 · sector 23
PAST 36 · sector 26
HEALTH 94 · sector 95
DIVIDEND 6 · sector 30

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

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Zhejiang Sling Automobile Bearing Co (301550) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥51.92 versus a price of ¥73.95, about −30% (overvalued).
What is the fair value of 301550?
Our model-based fair value for Zhejiang Sling Automobile Bearing Co is ¥51.92 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥73.95.
What is the quality score of 301550?
Zhejiang Sling Automobile Bearing Co has a Quality Score of 45/100. 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 Sling Automobile Bearing Co (301550)?
Zhejiang Sling Automobile Bearing Co reported trailing-twelve-month revenue of about 805M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301550?
The net profit margin of Zhejiang Sling Automobile Bearing Co is about 20.5%, meaning it keeps roughly 20.5% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Sling Automobile Bearing Co pay a dividend?
Zhejiang Sling Automobile Bearing Co currently shows a dividend yield of about 0.29% 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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