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Ningbo Sanxing Medical Electric Co (601567) Fair Value & Analysis

Industrials · CN · Market cap 22.3B CNY

NS Ningbo Sanxing Medical Electric Co 601567 · SHG
Price¥15.88
Fair Value¥19.04
Upside+19.9%
Quality52/100
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Mixed Growth
Thin margins · 6.8% net margin
Low debt · generates free cash flow
3.91% dividend yield
Ranks above peers (9/14)
Narrow moat 40/100
Evidence: High Range ¥10.28 – ¥23.80 Share as image

Fair value as of: Aug 10, 2026

From 26 valuation models · updated today

Share price +15.1% over the past month.

A solid business, screening 20% undervalued on our models.

What matters now

  • A fairly wide model range (¥10.28 to ¥23.80) leaves room in how you read the outcome.
  • Our model range runs from ¥10.28 (bear) to ¥23.80 (bull), base ¥19.04. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥37.10 ¥5.83 Fair Value ¥19.04 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 10, 2026.

How to read this chart

60‑month range ¥5.83 – ¥37.10 · fair‑value band ¥10.28 – ¥23.80 · the ¥15.88 price screens below the ¥19.04 fair value. Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Ningbo Sanxing Medical Electric Co (601567) currently trades at ¥15.88, while our model-based Fair Value estimate is ¥19.04, implying the stock looks roughly 19.9% undervalued today. The Quality Score stands at 52/100 (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, Ningbo Sanxing Medical Electric Co generated revenue of 14.0B CNY at a net margin of 6.8%. Revenue declined 10.8% year over year. It earns a return on equity of 7.5%. The balance sheet holds a net cash position of 338M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥10.28 (bear case) to ¥23.80 (bull case); at ¥15.88, 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 53% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 20%, 601567 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
Growth DCF ¥8.34 ¥16.38 ¥28.87 80
Residual Income ¥7.47 ¥8.44 ¥13.04 76
Rev-Margin DCF ¥10.13 ¥19.02 ¥31.27 74
All 26 models by family
DCF Models
FCF DCF ¥8.53 ¥15.93 ¥32.24 38
Owner Earnings ¥8.12 ¥15.93 ¥30.64 31
5Y Revenue Exit ¥10.13 ¥19.45 ¥32.77 39
5Y EBITDA Exit ¥12.21 ¥24.00 ¥39.62 41
5Y P/E Exit ¥12.16 ¥23.90 ¥38.13 38
10Y Revenue Exit ¥9.18 ¥18.07 ¥33.08 36
10Y EBITDA Exit ¥10.98 ¥21.52 ¥39.16 37
10Y P/E Exit ¥10.95 ¥21.45 ¥37.84 35
Earnings-Based
Graham-Dodd ¥6.16 ¥34.59 ¥48.04 54
Lynch FV ¥9.68 ¥13.83 ¥17.99 50
PEG = 1.0 ¥9.68 ¥13.83 ¥17.99 46
EPV ¥8.47 ¥9.84 ¥11.04 59
Dividend Discount
Gordon GGM ¥13.02 ¥27.06 ¥42.93 70
DDM Multi-Stage ¥13.02 ¥22.82 ¥28.40 61
Multiples
P/E Multiple ¥14.28 ¥19.04 ¥23.80 63
P/S Multiple ¥11.56 ¥15.41 ¥19.27 58
P/B Multiple ¥11.56 ¥15.41 ¥19.27 55
EV/EBIT ¥14.88 ¥19.75 ¥24.63 53
EV/EBITDA ¥14.60 ¥19.38 ¥24.16 54
EV/Revenue ¥10.69 ¥15.16 ¥19.64 43
Asset-Based
NCAV (Graham) ¥4.10 ¥5.50 ¥8.20 50
Growth DCF
Growth DCF ¥8.34 ¥16.38 ¥28.87 80
Rev-Margin DCF ¥10.13 ¥19.02 ¥31.27 74
Economic Profit
Residual Income ¥7.47 ¥8.44 ¥13.04 76
ROIC Compounder ¥8.67 ¥12.25 ¥15.57 72
Growth Earnings
Growth-Adj P/E ¥14.51 ¥20.73 ¥26.95 68

Widest divergence: Dividend Discount (¥22.82) versus Asset-Based (¥5.50). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 14.0B CNY
Revenue growth (YoY) -10.8%
Net margin 6.8%
Return on equity 7.5%
Free cash flow 832M CNY FY2025
P/E ratio 23.7
More key figures
Operating margin 6.2%
EPS (TTM) ¥0.6700
Dividend yield 3.9%
EPS growth (YoY) -65.7%
Net cash 338M CNY FY2024

Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 53 · Market factors (momentum, volatility) 25

Profitability 39
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 82
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

Ningbo Sanxing Medical Electric Co.,Ltd. manufactures and sells power distribution in China and internationally. The company offers prepaid. ANSI, classical, photovoltaic, and smart meters; data concentrator units, CIUS, and modules; and DC and AC chargers.

Full company description

Ningbo Sanxing Medical Electric Co.,Ltd. manufactures and sells power distribution in China and internationally. The company offers prepaid. ANSI, classical, photovoltaic, and smart meters; data concentrator units, CIUS, and modules; and DC and AC chargers. It also provides AMI and smart prepayment solutions under the SanPlat name; Wi-SUN solution comprising smart meters, communication modules, gateways, repeaters, and network management systems; and FDM solutions. In addition, the company offers charging station and dynamic load balance solutions. Further, it provides financial leasing and consulting services, as well as medical services. The company was formerly known as Ningbo Sanxing Electric Co., Ltd. and changed its name to Ningbo Sanxing Medical Electric Co.,Ltd. in October 2015. Ningbo Sanxing Medical Electric Co.,Ltd. was founded in 1986 and is based in Ningbo, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ningbo Sanxing Medical Electric Co reported revenue of ¥14.4B in FY2025 versus ¥7.0B in FY2021, a compound +19.6%/yr. Reported net income was ¥1.3B in FY2025, compounding +16.6%/yr from FY2021.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
14.4B CNY
Latest YoY
−1.6%
Avg. growth/yr (3Y)
+16.4%
Avg. growth/yr (5Y)
+15.2%
Avg. growth/yr (17Y)
+16.1%
Revenue +19.6%/yr
FY21 ¥7.0B
FY22 ¥9.1B
FY23 ¥11.5B
FY24 ¥14.6B
FY25 ¥14.4B
Net income +16.6%/yr
FY21 ¥690M
FY22 ¥948M
FY23 ¥1.9B
FY24 ¥2.3B
FY25 ¥1.3B

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Cite: Fair Value Calculator (2026). "Ningbo Sanxing Medical Electric Co Fair Value". https://www.fairvalue-calculator.com/stock/601567

Peer Group

Electrical Equipment & Parts · 528 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 52 · Below median
Fair Value upside +20% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 3.9% · Top 25%
Debt / equity 0.44× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 23.7× · Cheaper than median
P/B 1.94× · Cheaper than median
P/S (TTM) 1.60× · Cheaper than median
P/FCF 4.0× · Cheaper than median
EV/EBITDA 16.0× · Cheaper than median

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 60 · sector 0
FUTURE 0 · sector 57
PAST 30 · sector 26
HEALTH 78 · sector 97
DIVIDEND 78 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Ningbo Sanxing Medical Electric Co (601567) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥19.04 versus a price of ¥15.88, about +20% (undervalued).
What is the fair value of 601567?
Our model-based fair value for Ningbo Sanxing Medical Electric Co is ¥19.04 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥15.88.
What is the quality score of 601567?
Ningbo Sanxing Medical Electric Co has a Quality Score of 52/100. 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 Ningbo Sanxing Medical Electric Co (601567)?
Ningbo Sanxing Medical Electric Co reported trailing-twelve-month revenue of about 14.0B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 601567?
The net profit margin of Ningbo Sanxing Medical Electric Co is about 6.8%, meaning it keeps roughly 6.8% of revenue as net income. Based on the latest reported figures.
Does Ningbo Sanxing Medical Electric Co pay a dividend?
Ningbo Sanxing Medical Electric Co currently shows a dividend yield of about 4.30% relative to its recent price (as of Aug 10, 2026).

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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