Shenzhen SOFARSOLAR Co., Ltd. (301658) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shenzhen SOFARSOLAR Co., Ltd. stock ¥6.57, price ¥24.91, that is 73.6% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
19‑month range ¥19.25 – ¥60.95 · fair‑value band ¥5.09 – ¥7.79 · the ¥24.91 price screens above the ¥6.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Shenzhen SOFARSOLAR Co., Ltd. provides solar PV and energy storage solutions for residential, commercial, industrial, and utility-scale applications in China and internationally.
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The company offers photovoltaic (PV) inverters, photovoltaic energy storage inverters, energy storage batteries, and photovoltaic system accessories; hybrid inverters; microinverters; residential PV inverters, ESS, and storage inverters, as well as batteries; commercial and industrial inverters and ESS, PCS modules, and battery and energy storage cabinets; utility PV inverters and ESS, BESS, and smart string PCS; and AC EV chargers.
It also provides SOFAR cloud, an intelligent monitoring, operation and maintenance management platform for photovoltaic and energy storage plants; residential PV and storage solutions, commercial and industrial PV and AC-Coupled ESS solutions, and utility PV and ESS solutions; and after-sales and technical services.
Shenzhen SOFARSOLAR Co., Ltd. was incorporated in 2013 and is based in Shenzhen, China.
Stock analysis
Shenzhen SOFARSOLAR Co., Ltd. (301658) currently trades at ¥24.91, while our model-based Fair Value estimate is ¥6.57, 74% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥9.99 per share, and 1 of the 26 models we run sit above the ¥24.91 price.
Bear case: the Dividend Discount group reads lowest at ¥1.69, and 25 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥5.09 (bear) to ¥7.79 (bull), the price of ¥24.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Shenzhen SOFARSOLAR Co., Ltd. reported revenue of 2.6B CNY in FY2025 versus 1.8B CNY in FY2021, a compound +9.0%/yr. Reported net income was 157M CNY in FY2025, compounding −4.3%/yr from FY2021.
Key figures
Market cap 10.3B CNY (≈ $1.5B) Small · P/S ratio 3.14 · EPS (TTM) ¥−0.0100 · Dividend yield 0.3% · Net margin −0.2% · Return on equity −0.2% · Return on assets (EBIT) 9.0% (5-year average) · Revenue (TTM) 2.8B CNY.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (low confidence).
What moves the price
The share trades about 59% below its 52-week high and 29% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −74%, 301658 screens richer than that median.
Fair Value models
Bear¥5.09Fair Value ¥6.57Bull¥7.79
Price ¥24.91 · Downside -73.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF¥8.32¥10.76¥14.0579
Growth DCF¥8.30¥10.53¥13.3878
Owner Earnings¥4.97¥5.77¥6.8576
All 26 models by family
DCF Models
FCF DCF¥8.32¥10.76¥14.0579
Owner Earnings¥4.97¥5.77¥6.8576
5Y Revenue Exit¥6.21¥7.29¥8.5972
5Y EBITDA Exit¥7.64¥10.06¥12.9174
5Y P/E Exit¥8.52¥11.76¥15.2569
10Y Revenue Exit¥7.02¥8.19¥9.6766
10Y EBITDA Exit¥7.87¥9.91¥12.6668
10Y P/E Exit¥8.36¥10.96¥14.2863
Earnings-Based
Graham-Dodd¥2.59¥9.56¥12.9262
Lynch FV¥2.29¥3.27¥4.2659
PEG = 1.0¥2.29¥3.27¥4.2655
EPV¥4.21¥4.32¥4.4174
Dividend Discount
Gordon GGM¥1.01¥1.74¥2.3166
DDM Multi-Stage¥1.01¥1.63¥1.8765
Multiples
P/E Multiple¥5.99¥7.99¥9.9863
P/S Multiple¥4.85¥6.46¥8.0858
P/B Multiple¥25.56¥34.08¥42.6155
EV/EBIT¥4.06¥4.76¥5.4566
EV/EBITDA¥6.29¥7.73¥9.1767
EV/Revenue¥3.46¥4.10¥4.7454
Asset-Based
NCAV (Graham)¥3.34¥5.07¥6.3354
Growth DCF
Growth DCF¥8.30¥10.53¥13.3878
Rev-Margin DCF¥6.21¥7.37¥8.7872
Economic Profit
Residual Income¥5.45¥5.33¥5.4874
ROIC Compounder¥4.21¥4.32¥4.4170
Growth Earnings
Growth-Adj P/E¥4.27¥6.10¥7.9365
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−16.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.3%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+30.3%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−6.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.6%
Dividend (yield on the price)0.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.22% → 3%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+30.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +28.0% a year for the price.
Compare Shenzhen SOFARSOLAR Co., Ltd. with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Solar · 97 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Above median
Fair Value upside−73.6% · Bottom 25%
Profitability
Return on assets2.8% · Above median
Net margin (12 months)−0.2% · Below median
Operating margin (12 months)0.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)42.3% · Top 25%
Dividend yield (12 months)0.3% · Bottom 25%
Valuation Multiplesvs Solar median · lower = cheaper
P/B3.20× · Pricier than median
P/S (12 months)3.71× · Priciest 25%
Price / free cash flow (fiscal year)46.7× · Pricier than median
EV/EBITDA96.2× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 4
FUTURE (revenue growth)100· sector 7
PAST (return on equity)0· sector 0
HEALTH (low debt)100· sector 82
DIVIDEND (yield)6· sector 26
VALUE 0: the price sits above our fair-value range.
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.
Is Shenzhen SOFARSOLAR Co., Ltd. (301658) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of ¥6.57 versus a price of ¥24.91, about 74% lower (overvalued).
What is the fair value of 301658?
Our model-based fair value for Shenzhen SOFARSOLAR Co., Ltd. is ¥6.57 (as of Nov 6, 2026), built from audited fundamentals. The current price: ¥24.91.
What is the quality score of 301658?
Shenzhen SOFARSOLAR Co., Ltd. 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 price target for Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Our model-based price target is the fair value of ¥6.57 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario ¥5.09, optimistic scenario ¥7.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenzhen SOFARSOLAR Co., Ltd. stock forecast for 2026?
Our models put fair value at ¥6.57, about 74% lower versus a price of ¥24.91 (overvalued). Cautious scenario ¥5.09, optimistic scenario ¥7.79. The calculation is refreshed regularly with new filings.
What is the revenue of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Shenzhen SOFARSOLAR Co., Ltd. reported trailing-twelve-month revenue of about 2.8B CNY (latest available figure, as of Nov 6, 2026).
Does Shenzhen SOFARSOLAR Co., Ltd. pay a dividend?
Shenzhen SOFARSOLAR Co., Ltd. currently shows a dividend yield of 0.29% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Shenzhen SOFARSOLAR Co., Ltd. (301658) and when is the ex-dividend date?
Shenzhen SOFARSOLAR Co., Ltd. pays a dividend of ¥0.073 per share a year, a dividend yield of 0.3%. The last ex-dividend date was Jun 17, 2026. The payout ratio is 19.2% of earnings. Free cash flow covers the dividend 7.30 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Shenzhen SOFARSOLAR Co., Ltd. (301658)?
For today's price to be fair in a discounted-cash-flow model, Shenzhen SOFARSOLAR Co., Ltd. would have to grow free cash flow by +30.1 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 301658 use?
Our models discount Shenzhen SOFARSOLAR Co., Ltd. at 11.9 %: a base by market capitalisation (small), country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Shenzhen SOFARSOLAR Co., Ltd. that is +30.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Shenzhen SOFARSOLAR Co., Ltd. (301658) delivered so far?
Over the past 5 years revenue at Shenzhen SOFARSOLAR Co., Ltd. grew +20.3 % a year. The price currently implies free-cash-flow growth of +30.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Shenzhen SOFARSOLAR Co., Ltd. (301658) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into Shenzhen SOFARSOLAR Co., Ltd. (+30.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The free-cash-flow yield on the price is 2.14 %: that much free cash flow Shenzhen SOFARSOLAR Co., Ltd. produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenzhen SOFARSOLAR Co., Ltd. it is ¥6.57 per share (as of Nov 6, 2026), against a price of ¥24.91. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Shenzhen SOFARSOLAR Co., Ltd. stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 301658 trades above its calculated fair value: price ¥24.91, fair value ¥6.57, a gap of about −74% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 301658?
No. The price is what the market pays today (¥24.91); the fair value is what the company's own numbers justify (¥6.57). For Shenzhen SOFARSOLAR Co., Ltd. the two are ¥18.34 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenzhen SOFARSOLAR Co., Ltd. worth?
The market values Shenzhen SOFARSOLAR Co., Ltd. at about 10.3B CNY (market capitalisation, as of Nov 6, 2026). Per share that is ¥24.91; our models calculate a fair value of ¥6.57 per share.
What do the bullish and bearish scenarios say about 301658?
Our models span a range for Shenzhen SOFARSOLAR Co., Ltd.: cautious scenario ¥5.09, base ¥6.57, optimistic ¥7.79 per share (as of Nov 6, 2026, price ¥24.91). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Balance-sheet figures for Shenzhen SOFARSOLAR Co., Ltd. (as of Nov 6, 2026): return on equity −0.2%. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 301658 from its 52-week high?
Shenzhen SOFARSOLAR Co., Ltd. trades at ¥24.91, about 59% below its 52-week high of ¥60.95 and 29% above the low of ¥19.25 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥6.57 is for.
Which stocks are comparable to Shenzhen SOFARSOLAR Co., Ltd.?
From the same area (Technology) we also value First Solar, Inc, Nextpower Inc, Tongwei Co, Waaree Energies Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Shenzhen SOFARSOLAR Co., Ltd. stock attractive at the current price?
The data as of Nov 6, 2026: price ¥24.91, calculated fair value ¥6.57 (−74%), Quality Score 41/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 301658 calculated?
We run Shenzhen SOFARSOLAR Co., Ltd. through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥6.57 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Shenzhen SOFARSOLAR Co., Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The closing price on Nov 6, 2026 was ¥24.91. Our model-based fair value is ¥6.57, about 74% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenzhen SOFARSOLAR Co., Ltd. right now?
The price sits above even our optimistic bull case (¥7.79). 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. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Shenzhen SOFARSOLAR Co., Ltd.
How large is the market capitalisation of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The market capitalisation of Shenzhen SOFARSOLAR Co., Ltd. is 10.3B CNY (≈ $1.5B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The price-to-sales ratio of Shenzhen SOFARSOLAR Co., Ltd. is 3.14 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Earnings per share at Shenzhen SOFARSOLAR Co., Ltd. are ¥−0.0100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The dividend yield of Shenzhen SOFARSOLAR Co., Ltd. is 0.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The net margin of Shenzhen SOFARSOLAR Co., Ltd. is −0.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
The return on equity (ROE) of Shenzhen SOFARSOLAR Co., Ltd. is −0.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Shenzhen SOFARSOLAR Co., Ltd. (301658)?
On an EBIT basis the return on assets of Shenzhen SOFARSOLAR Co., Ltd. is 9.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Revenue at Shenzhen SOFARSOLAR Co., Ltd. is growing +42.3% versus a year earlier (3y avg −16.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Shenzhen SOFARSOLAR Co., Ltd. (301658)?
Earnings per share at Shenzhen SOFARSOLAR Co., Ltd. are growing −75.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Shenzhen SOFARSOLAR Co., Ltd. (301658) hold?
Shenzhen SOFARSOLAR Co., Ltd. holds more cash than debt, 811M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 6, 2026