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Veken Technology Co (600152) Fair Value & Analysis

Technology · CN · Market cap 4.2B CNY

VT Veken Technology Co 600152 · SHG
Price¥8.11
Fair Value¥3.82
Upside-52.9%
Quality49/100
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Weak Growth
Loss-making · -7.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 13/100
Evidence: Low Range ¥3.01 – ¥4.63 Share as image

Fair value as of: Aug 6, 2026

From 4 valuation models · updated 4 days ago

Share price −3.6% over the past month.

Below-average quality, and screening another 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥4.63). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥19.24 ¥3.97 Fair Value ¥3.82 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.

How to read this chart

60‑month range ¥3.97 – ¥19.24 · fair‑value band ¥3.01 – ¥4.63 · the ¥8.11 price screens above the ¥3.82 fair value. Dashed = 300-day average. As of Aug 6, 2026.

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Analysis

Veken Technology Co (600152) currently trades at ¥8.11, while our model-based Fair Value estimate is ¥3.82, implying the stock looks roughly 52.9% overvalued today. The Quality Score stands at 49/100 (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: low).

Over the trailing twelve months, Veken Technology Co generated revenue of 1.5B CNY at a net margin of -7.0%. Revenue grew 33.3% year over year. It earns a return on equity of -7.1%. The balance sheet holds a net cash position of 312M CNY. Fundamentals as of Aug 6, 2026

Our scenario range runs from ¥3.01 (bear case) to ¥4.63 (bull case); at ¥8.11, 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 51% below its 52-week high and 40% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -53%, 600152 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
Gordon GGM ¥0.0400 ¥0.0600 ¥0.0700 70
DDM Multi-Stage ¥0.0400 ¥0.0600 ¥0.0700 61
EV/EBITDA ¥3.29 ¥4.10 ¥4.91 54
All 4 models by family
Dividend Discount
Gordon GGM ¥0.0400 ¥0.0600 ¥0.0700 70
DDM Multi-Stage ¥0.0400 ¥0.0600 ¥0.0700 61
Multiples
EV/EBITDA ¥3.29 ¥4.10 ¥4.91 54
Asset-Based
NCAV (Graham) ¥1.57 ¥2.11 ¥3.15 50

Widest divergence: Multiples (¥4.10) versus Dividend Discount (¥0.0600). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) 1.5B CNY
Revenue growth (YoY) +33.3%
Net margin -7.0%
Return on equity -7.1%
Free cash flow −154M CNY FY2025
Operating margin -4.9%
More key figures
EPS (TTM) ¥-0.2000
EPS growth (YoY) +163%
Net cash 312M CNY FY2024

Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 48 · Market factors (momentum, volatility) 38

Profitability 10
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 90
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

Veken Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, sale, and services of lithium and sodium batteries in China and internationally.

Full company description

Veken Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, sale, and services of lithium and sodium batteries in China and internationally. The company offers cell phone, tablet/laptop, and high-rate batteries, as well as power bank products; electric bike, electric motorcycle, tricycle, shared swap, power tool drive, vacuum cleaner drive, motorized curtain drive, general robot, and other batteries; and motorcycle starting, commercial vehicle starting, new energy vehicle auxiliary, and emergency starting power products, as well as cylindrical cells. It also provides prismatic aluminum cells, modules, energy storage power station, commercial and industrial energy storage, frequency modulation energy storage, household energy storage, and portable energy storage products; and cold storage forklift power, snowmobile power, scissor lift power, handling and stacking truck, and firefighting robot batteries. The company was formerly known as Ningbo Veken Elite Group Co., Ltd. and changed its name to Veken Technology Co., Ltd. in May 2018. Veken Technology Co., Ltd. was founded in 1993 and is based in Ningbo, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Veken Technology Co reported revenue of ¥1.4B in FY2025 versus ¥2.1B in FY2021, a compound −9.1%/yr. Reported net income was −¥96.7M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.4B CNY
Latest YoY
−7.3%
Avg. growth/yr (3Y)
−15.2%
Avg. growth/yr (5Y)
−4.1%
Avg. growth/yr (30Y)
+6.5%
Revenue −9.1%/yr
FY21 ¥2.1B
FY22 ¥2.3B
FY23 ¥1.7B
FY24 ¥1.5B
FY25 ¥1.4B
Net income
FY21 −¥127M
FY22 −¥105M
FY23 −¥120M
FY24 −¥28.7M
FY25 −¥96.7M

600152 screens 53% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Veken Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/600152

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 49 · Below median
Fair Value upside −53% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth 33% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.38× · Cheaper than 75% of peers
P/S (TTM) 0.42× · Cheaper than median
EV/EBITDA 2.2× · Cheaper 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 0 · sector 24
HEALTH 98 · sector 95
DIVIDEND 0 · 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 Aug 6, 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 Veken Technology Co (600152) overvalued or undervalued?
As of Aug 6, 2026, our model estimates a fair value of ¥3.82 versus a price of ¥8.11, about −53% (overvalued).
What is the fair value of 600152?
Our model-based fair value for Veken Technology Co is ¥3.82 (as of Aug 6, 2026), built from audited fundamentals. The current price is ¥8.11.
What is the quality score of 600152?
Veken Technology Co has a Quality Score of 49/100. 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 Veken Technology Co (600152)?
Veken Technology Co reported trailing-twelve-month revenue of about 1.5B CNY (latest available figure, as of Aug 6, 2026).
What is the net profit margin of 600152?
The net profit margin of Veken Technology Co is about -7.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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