Paslin Digital Technology Co Ltd (600215) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of Paslin Digital Technology Co Ltd stock ¥1.83, price ¥5.99, upside -69.4%, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.
How to read this chart
60‑month range ¥5.19 – ¥11.37 · fair‑value band ¥1.02 – ¥1.83 · the ¥5.99 price screens above the ¥1.83 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Oct 28, 2026.
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Paslin Digital Technology Co., Ltd. engages in the research and development, production, assembly, sale, and service of industrial automation and related products in China.
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The company offers industrial automation system integration products, including welding robots, motion control systems, machine vision systems, and other intelligent control units for use in the automobile manufacturing, construction machinery, warehousing and logistics, digital factories, and other fields.
It also engages in the real estate development and property management activities. Paslin Digital Technology Co., Ltd. was formerly known as Changchun jingkai Group Co., Ltd and changed its name to Paslin Digital Technology Co., Ltd. in December 2021.
The company was founded in 1993 and is based in Changchun, China.
Stock analysis
Paslin Digital Technology Co Ltd (600215) currently trades at ¥5.99, while our model-based Fair Value estimate is ¥1.83, 69.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ¥1.68 per share, and 0 of the 6 models we run sit above the ¥5.99 price.
Bear case: the Growth DCF group reads lowest at ¥0.9400, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥1.02 (bear) to ¥1.83 (bull), the price of ¥5.99 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 39/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Paslin Digital Technology Co Ltd reported revenue of 882M CNY in FY2025 versus 1.4B CNY in FY2021, a compound −11.2%/yr. Reported net income was −348M CNY in FY2025.
Key figures
Market cap 2.7B CNY (≈ $411M) Small · P/S ratio 2.69 · EPS (TTM) ¥−0.7400 · Dividend yield 1.3% · Net margin −33.5% · Return on equity −15.2% · Return on assets (EBIT) 1.0% · Operating margin −5.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).
What moves the price
The share trades about 31% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −11% fair-value upside, at −69%, 600215 screens richer than that median.
Fair Value models
Bear¥1.02Fair Value ¥1.83Bull¥1.83
Price ¥5.99 · Upside -69.4%
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.
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.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Profit margin (trend) ⓘ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.
15.1% (2020) → −31.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
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).
+55.9%
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 +53.3% a year for the price.
Compare Paslin Digital Technology 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.Real Estate - Development · 578 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−69.4% · Bottom 25%
Profitability
Return on assets−9.1% · Bottom 25%
Net margin (12 months)−33.5% · Bottom 25%
Operating margin (12 months)−5.6% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)48.5% · Top 25%
Dividend yield (12 months)1.3% · Below median
Balance sheet
Debt / equity0.04× · Lowest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/B1.08× · Pricier than median
P/S (12 months)2.69× · Pricier than median
Price / free cash flow170.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 68
FUTURE (revenue growth)100· sector 0
PAST (return on equity)0· sector 11
HEALTH (low debt)98· sector 84
DIVIDEND (yield)27· sector 57
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.
Cite: Fair Value Calculator (2026). "Paslin Digital Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600215
Frequently asked questions
Is Paslin Digital Technology Co Ltd (600215) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of ¥1.83 versus a price of ¥5.99, about −69% upside (overvalued).
What is the fair value of 600215?
Our model-based fair value for Paslin Digital Technology Co Ltd is ¥1.83 (as of Oct 28, 2026), built from audited fundamentals. The current price: ¥5.99.
What is the quality score of 600215?
Paslin Digital Technology Co Ltd has a Quality Score of 39/100. 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 Paslin Digital Technology Co Ltd (600215)?
Our model-based price target is the fair value of ¥1.83 (as of Oct 28, 2026) from 7 valuation models. Cautious scenario ¥1.02, optimistic scenario ¥1.83. It is a calculation from audited fundamentals, not an analyst target.
What is the Paslin Digital Technology Co Ltd stock forecast for 2026?
Our models put fair value at ¥1.83, about −69% upside versus a price of ¥5.99 (overvalued). Cautious scenario ¥1.02, optimistic scenario ¥1.83. The calculation is refreshed regularly with new filings.
What is the revenue of Paslin Digital Technology Co Ltd (600215)?
Paslin Digital Technology Co Ltd reported trailing-twelve-month revenue of about 1.0B CNY (latest available figure, as of Oct 28, 2026).
Does Paslin Digital Technology Co Ltd pay a dividend?
Paslin Digital Technology Co Ltd currently shows a dividend yield of 1.33% relative to its recent price (as of Oct 28, 2026).
What growth is priced into Paslin Digital Technology Co Ltd (600215)?
For today's price to be fair in a discounted-cash-flow model, Paslin Digital Technology Co Ltd would have to grow free cash flow by +55.9 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +39.2 % per year. As of Oct 28, 2026.
What discount rate (WACC) does the fair value of 600215 use?
Our models discount Paslin Digital Technology Co Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.42, 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 Paslin Digital Technology Co Ltd that is +55.9 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Paslin Digital Technology Co Ltd (600215) delivered so far?
Over the past 5 years revenue at Paslin Digital Technology Co Ltd grew +39.2 % a year. The price currently implies +55.9 % per year free-cash-flow growth a 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 Paslin Digital Technology Co Ltd (600215) growing?
The median revenue growth in the sector is +2.4 % a year. That is the yardstick for the growth priced into Paslin Digital Technology Co Ltd (+55.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Paslin Digital Technology Co Ltd (600215)?
The free-cash-flow yield on the price is 0.59 %: that much free cash flow Paslin Digital Technology Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Paslin Digital Technology Co Ltd (600215)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Paslin Digital Technology Co Ltd it is ¥1.83 per share (as of Oct 28, 2026), against a price of ¥5.99. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Paslin Digital Technology Co Ltd stock overvalued or undervalued in 2026?
As of Oct 28, 2026, 600215 trades above its calculated fair value: price ¥5.99, fair value ¥1.83, a gap of about −69% (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 600215?
No. The price is what the market pays today (¥5.99); the fair value is what the company's own numbers justify (¥1.83). For Paslin Digital Technology Co Ltd the two are ¥4.16 per share apart. That gap is exactly why we show both numbers side by side.
How much is Paslin Digital Technology Co Ltd worth?
The market values Paslin Digital Technology Co Ltd at about 2.7B CNY (market capitalisation, as of Oct 28, 2026). Per share that is ¥5.99; our models calculate a fair value of ¥1.83 per share.
What do the bullish and bearish scenarios say about 600215?
Our models span a range for Paslin Digital Technology Co Ltd: cautious scenario ¥1.02, base ¥1.83, optimistic ¥1.83 per share (as of Oct 28, 2026, price ¥5.99). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Paslin Digital Technology Co Ltd (600215)?
Balance-sheet figures for Paslin Digital Technology Co Ltd (as of Oct 28, 2026): return on equity −15.2%, debt of 0.04 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 600215 from its 52-week high?
Paslin Digital Technology Co Ltd trades at ¥5.99, about 31% below its 52-week high of ¥8.67 and 15% above the low of ¥5.19 (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of ¥1.83 is for.
Which stocks are comparable to Paslin Digital Technology Co Ltd?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, Vinhomes Joint Stock Company, CK Asset Holdings, Hongkong Land Holdings, 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 Paslin Digital Technology Co Ltd stock attractive at the current price?
The data as of Oct 28, 2026: price ¥5.99, calculated fair value ¥1.83 (−69%), Quality Score 39/100, from 7 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 600215 calculated?
We run Paslin Digital Technology Co Ltd through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥1.83, 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 13.4 % above its aggregate fair value. Paslin Digital Technology 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 Paslin Digital Technology Co Ltd (600215)?
The closing price on Oct 28, 2026 was ¥5.99. Our model-based fair value is ¥1.83, about −69% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Paslin Digital Technology Co Ltd right now?
The price sits above even our optimistic bull case (¥1.83). The favourable scenario is already priced in. Weak quality (39/100) 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. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Paslin Digital Technology Co Ltd (600215) come from?
Earnings per share at Paslin Digital Technology Co Ltd grew +38.7 % a year from 2014 to 2024. Broken into its drivers: revenue per share +11.7 %, EBIT margin +12.1 %, tax rate +9.1 %, residual (interest, one-offs) +1.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Paslin Digital Technology Co Ltd
How large is the market capitalisation of Paslin Digital Technology Co Ltd (600215)?
The market capitalisation of Paslin Digital Technology Co Ltd is 2.7B CNY (≈ $411M). 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 Paslin Digital Technology Co Ltd (600215)?
The price-to-sales ratio of Paslin Digital Technology Co Ltd is 2.69 (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 Paslin Digital Technology Co Ltd (600215)?
Earnings per share at Paslin Digital Technology Co Ltd are ¥−0.7400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Paslin Digital Technology Co Ltd (600215)?
The dividend yield of Paslin Digital Technology Co Ltd is 1.3%. 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 Paslin Digital Technology Co Ltd (600215)?
The net margin of Paslin Digital Technology Co Ltd is −33.5% (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 Paslin Digital Technology Co Ltd (600215)?
The return on equity (ROE) of Paslin Digital Technology Co Ltd is −15.2% (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 Paslin Digital Technology Co Ltd (600215)?
On an EBIT basis the return on assets of Paslin Digital Technology Co Ltd is 1.0% (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.
What is the operating margin of Paslin Digital Technology Co Ltd (600215)?
The operating margin of Paslin Digital Technology Co Ltd is −5.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Paslin Digital Technology Co Ltd (600215)?
Revenue at Paslin Digital Technology Co Ltd is growing +48.5% versus a year earlier. 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 Paslin Digital Technology Co Ltd (600215)?
Earnings per share at Paslin Digital Technology Co Ltd are growing −56.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Paslin Digital Technology Co Ltd (600215) carry?
The net debt of Paslin Digital Technology Co Ltd is 218M CNY (fiscal year 2025, ≈ 13.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 28, 2026