Yutong Heavy Industries Co (600817) Fair Value & Analysis

Industrials · CN · Market cap 5.0B CNY

A solid business, but screening 19% overvalued on our models.

What matters now

• Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
• Our model range runs from ¥5.32 (bear) to ¥9.45 (bull), base ¥7.56. The closer the price sits to the lower half, the larger the margin of safety.
• Quality 61/100 (solid quality) with high evidence: the data supports the verdict.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ¥6.73 – ¥16.72 · fair‑value band ¥5.32 – ¥9.45 · the ¥9.33 price screens above the ¥7.56 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Yutong Heavy Industries Co (600817) currently trades at ¥9.33, while our model-based Fair Value estimate is ¥7.56, implying the stock looks roughly 19.0% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Industrials 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, Yutong Heavy Industries Co generated revenue of 3.4B CNY at a net margin of 8.8%. Revenue declined 8.0% year over year. It earns a return on equity of 12.2%. The balance sheet holds a net cash position of 1.3B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥5.32 (bear case) to ¥9.45 (bull case); at ¥9.33, the current price sits within 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 29% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 12% fair-value upside, at -19%, 600817 screens richer 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.

Widest divergence: DCF Models (¥21.59) versus Asset-Based (¥3.22). Highest evidence: Residual Income (76).

Key figures & financial health

Quality Score breakdown

About the company

Yutong Heavy Industries Co.,Ltd. researches, develops, produces, and sells sanitation cleaning equipment, garbage collection, and transfer equipment in China.

Full company description

Yutong Heavy Industries Co.,Ltd. researches, develops, produces, and sells sanitation cleaning equipment, garbage collection, and transfer equipment in China. The company offers cleaning and maintenance vehicles and equipment, such as washing, sprinkling, sucking and sweeping of road pavement and facade facilities, including washing and sweeping vehicles, road sweepers, vacuum trucks, cleaning vehicles, sprinkler trucks, dust suppression vehicles, greening spraying vehicles, guardrail cleaning vehicles, road maintenance vehicles, road pollution removal vehicles, snow removal vehicles, etc. It also offers collection and transfer vehicles comprising garbage cleaning, collection and transfer vehicles and equipment, including compressed garbage trucks, food garbage trucks, self-loading and unloading garbage trucks, detachable garbage trucks, sealed barrel garbage trucks, box garbage trucks, and other products. In addition, the company engages in research and development, manufacturing, sales, and service of mining vehicles. Further, it offers environmental sanitation services, such as road cleaning and maintenance, garbage collection and transportation, landscaping maintenance, municipal facilities management, property services, garbage classification, public toilet management, and river water cleaning. Additionally, the company is involved in research and development, manufacture, sale, and service of construction machinery, such as rotary drilling rigs, dynamic compaction machines, electric port tire cranes, crawler cranes, bridge inspection vehicles, etc.; and develops and sells electric mining vehicles, unmanned mining vehicles, electric and extended-range electric rotary drilling rigs. The company was formerly known as Xi'an Hongsheng Technology Co., Ltd. Yutong Heavy Industries Co.,Ltd. was founded in 1992 and is based in Zhengzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yutong Heavy Industries Co reported revenue of ¥3.5B in FY2025 versus ¥3.8B in FY2021, a compound −1.8%/yr. Reported net income was ¥309M in FY2025, compounding −5.8%/yr from FY2021.

600817 screens 19% overvalued. Compare with Caterpillar Inc →

Peer Group

Farm & Heavy Construction Machinery · 148 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.

Valuation Multiples vs Farm & Heavy Construction Machinery median · lower = cheaper

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.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

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.