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Shanghai New Power Automotive Technology Company (600841) Fair Value & Analysis

Industrials · CN · Market cap 9.6B CNY

SN Shanghai New Power Automotive Technology Company 600841 · SHG
Price¥6.71
Fair Value¥20.03
Upside+198.5%
Quality64/100
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Evidence: High Range ¥15.03 – ¥25.04

Fair value as of: Jul 5, 2026

From 20 valuation models · updated today

Fair value updated Jul 5, 2026 — revised from ¥27.53 to ¥20.03 (−27.2%) since Jun 24, 2026. Share price −10.1% over the past month.

Price vs Fair Value (12 months)

¥11.14 ¥5.41 Fair Value ¥20.03 Jun 2025 Jul 2026

12‑month range ¥5.41 – ¥11.14 · fair‑value band ¥15.03 – ¥25.04 · the ¥6.71 price screens below the ¥20.03 fair value. As of Jul 5, 2026.

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Analysis

Shanghai New Power Automotive Technology Company (600841) currently trades at ¥6.71, while our model-based Fair Value estimate is ¥20.03 — implying the stock looks roughly 198.5% undervalued today. We read business quality at 64/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Shanghai New Power Automotive Technology Company generated revenue of 5.9B CNY at a net margin of 52.9%. Revenue grew 11.5% year over year. It earns a return on equity of 64.1%. The balance sheet holds a net cash position of 4.0B CNY. Fundamentals as of Jul 5, 2026

Our scenario range runs from ¥15.03 (bear case) to ¥25.04 (bull case); at ¥6.71, the current price sits below that range. The share trades about 41% below its 52-week high and 23% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -30% fair-value upside — at 199%, 600841 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.9B CNY
Revenue growth (YoY) +11.5%
Net margin 52.9%
Return on equity 64.1%
Free cash flow 362M CNY FY2025
P/E ratio 3.1
More key figures
Operating margin -1.0%
EPS (TTM) ¥2.25
EPS growth (YoY) -91.5%
Net cash 4.0B CNY FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Shanghai New Power Automotive Technology Company Limited engages in the production and sale of diesel engines and parts in China. The company operates through Diesel Engine and Parts; and complete vehicle and parts segments. It is also involved production and sales of heavy-duty trucks and its parts. The company was formerly known as Shanghai Diesel Engine Co.,Ltd. and changed its name to Shanghai New Power Automotive Technology Company Limited in November 2021. Shanghai New Power Automotive Technology Company Limited was founded in 1947 and is based in Shanghai, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai New Power Automotive Technology Company reported revenue of ¥5.7B in FY2025 versus ¥24.4B in FY2021, a compound −30.4%/yr. Reported net income was ¥2.9B in FY2025, compounding +42.7%/yr from FY2021.

Revenue −30.4%/yr
FY21 ¥24.4B
FY22 ¥9.9B
FY23 ¥8.7B
FY24 ¥6.5B
FY25 ¥5.7B
Net income +42.7%/yr
FY21 ¥693M
FY22 −¥1.6B
FY23 −¥2.5B
FY24 −¥2.0B
FY25 ¥2.9B

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Cite: Fair Value Calculator (2026). "Shanghai New Power Automotive Technology Company Fair Value". https://www.fairvalue-calculator.com/stock/600841

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Frequently asked questions

Is Shanghai New Power Automotive Technology Company (600841) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ¥20.03 versus a price of ¥6.71 — about +199% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600841?
Our model-based fair value for Shanghai New Power Automotive Technology Company is ¥20.03 (as of Jul 5, 2026), built from audited fundamentals. The current price is ¥6.71.
What is the quality score of 600841?
Shanghai New Power Automotive Technology Company has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shanghai New Power Automotive Technology Company (600841)?
Shanghai New Power Automotive Technology Company reported trailing-twelve-month revenue of about 5.9B CNY (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 600841?
The net profit margin of Shanghai New Power Automotive Technology Company is about 52.9%, meaning it keeps roughly 52.9% of revenue as net income. 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.