Zhejiang Chint Electrics Co (601877) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Zhejiang Chint Electrics Co stock ¥47.64, price ¥24.73, upside +92.6%, quality 59 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ¥16.28 – ¥56.90 · fair‑value band ¥33.35 – ¥61.93 · the ¥24.73 price screens below the ¥47.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Zhejiang Chint Electrics Co., Ltd., through its subsidiaries, develops and sells low-voltage electrical products in China.
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It offers low-voltage products, including circuit breakers, AC contactors, fuse sets, CBA busbars, fuse holders, and surge protective devices; power transmission and distribution products comprising MV oil-immersed transformers, mobile substations, ring main units, and natural ester oil-immersed power transformers; low voltage switchgear and software that include DB4 series waterproof distribution box, NX9/NX9G power distribution box, NXW5 wall mounting enclosure, PVBx combiner box, temperature monitoring system, EnergiX-M distribution boards, and Chint Elec-Calc software for electrical calculation; and EC2A, an EV charging product.
The company also provides instruments and meters for gas and electricity, such as CHD130 single phase DIN-rail meter, CHG540 data concentrator, CHG580 smart gateway, CHS390, CHS320 three phase smart meter, and CHU630 as well as CHS120, CHS150, and CHS160 single phase smart meters.
In addition, it offers transmission grid, distribution grid, buildings, generator equipment, pumps and vacuum equipment, mining machinery, HVAC, elevator, data center, residential PV and ESS, utility PV and ESS, commercial and industry PV, metallurgical, oil and gas, rail transportation, and mining and petrochemical solutions.
Zhejiang Chint Electrics Co., Ltd. was founded in 1984 and is headquartered in Yueqing, China.
Stock analysis
Zhejiang Chint Electrics Co (601877) currently trades at ¥24.73, while our model-based Fair Value estimate is ¥47.64, implying the stock looks roughly 48% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ¥124.33 per share, and 22 of the 26 models we run sit above the ¥24.73 price.
Bear case: the Dividend Discount group reads lowest at ¥11.91, and 4 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥33.35 (bear) to ¥61.93 (bull), the price of ¥24.73 sits below 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 59/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Zhejiang Chint Electrics Co reported revenue of 59.1B CNY in FY2025 versus 39.0B CNY in FY2021, a compound +10.9%/yr. Reported net income was 4.5B CNY in FY2025, compounding +7.5%/yr from FY2021.
Key figures
Market cap 53.1B CNY (≈ $8.0B) Mid · P/E ratio 10.4 · P/S ratio 1.07 · EPS (TTM) ¥2.38 · Dividend yield 2.6% · Net margin 7.5% · Return on equity 12.5% · Return on assets (EBIT) 5.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 93%, 601877 screens cheaper than that median.
Fair Value models
Bear¥33.35Fair Value ¥47.64Bull¥61.93
Price ¥24.73 · Upside +92.6%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥1.48 per share) are deliberately not added.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.85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−8.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.2%
Start year 2020 (pandemic). Over 10 years: +13.1% a year
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+6.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.6%
Dividend (yield on the price)2.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.3.6% vs 4.8%, steady
Profit margin 2019 to 2025 ⓘ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% → 15%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
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).
−23.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −24.2% a year for the price and +3.3% for the forecasts.
AI conclusion: Chint draws strength from its expansion into AI data centre equipment via Power Pods and solid-state transformers that broaden its base beyond traditional markets, yet its main weakness is an average moat with only moderate margins and cash flow.
Main risk: Elevated leverage from solar expansion, including RMB 20 billion in long-term debt maturing 2026-2028, could raise interest costs and constrain investment if refinancing conditions tighten.
Bull case: By leveraging its cost-competitive positioning and new solid-state transformers for AI data centres, Chint could expand share in Asia-Pacific infrastructure projects and offset domestic pressures through faster global channel growth.
Bear case: If debt servicing costs rise sharply and established rivals win more high-margin data-centre contracts amid tariff hurdles, Chint's expansion into premium segments could stall and core low-voltage margins might erode further.
CHINT is rolling out factory-built Power Pods and solid-state transformers aimed at Asia's rapidly expanding AI data centres. This targets a high-growth niche that could broaden its electrical equipment base beyond traditional markets. Our models see the shares as undervalued, yet will the new data centre push deliver more than the core business can sustain?
Compare Zhejiang Chint Electrics Co 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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+92.6% · Top 25%
Profitability
Return on equity (12 months)12.5% · Above median
Return on assets3.9% · Above median
Net margin (12 months)10.2% · Above median
Operating margin (12 months)17.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)11.2% · Below median
Dividend yield (12 months)2.6% · Top 25%
Balance sheet
Debt / equity0.36× · Highest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
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). "Zhejiang Chint Electrics Co Fair Value". https://www.fairvalue-calculator.com/stock/601877
Frequently asked questions
Is Zhejiang Chint Electrics Co (601877) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥47.64 versus a price of ¥24.73, about +93% upside (undervalued).
What is the fair value of 601877?
Our model-based fair value for Zhejiang Chint Electrics Co is ¥47.64 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥24.73.
What is the quality score of 601877?
Zhejiang Chint Electrics Co has a Quality Score of 59/100. 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 Zhejiang Chint Electrics Co (601877)?
Our model-based price target is the fair value of ¥47.64 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario ¥33.35, optimistic scenario ¥61.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Zhejiang Chint Electrics Co stock forecast for 2026?
Our models put fair value at ¥47.64, about +93% upside versus a price of ¥24.73 (undervalued). Cautious scenario ¥33.35, optimistic scenario ¥61.93. The calculation is refreshed regularly with new filings.
What is the revenue of Zhejiang Chint Electrics Co (601877)?
Zhejiang Chint Electrics Co reported trailing-twelve-month revenue of about 67.6B CNY (latest available figure, as of Nov 8, 2026).
Does Zhejiang Chint Electrics Co pay a dividend?
Zhejiang Chint Electrics Co currently shows a dividend yield of 2.63% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Zhejiang Chint Electrics Co (601877) and when is the ex-dividend date?
Zhejiang Chint Electrics Co pays a dividend of ¥0.65 per share a year, a dividend yield of 2.6%. The last ex-dividend date was Sep 30, 2026. A dividend has been paid every year since at least 2010. The payout ratio is 27.3% of earnings. Free cash flow covers the dividend 15.18 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Zhejiang Chint Electrics Co (601877)?
For today's price to be fair in a discounted-cash-flow model, Zhejiang Chint Electrics Co would have to grow free cash flow by -23.0 % per year for five years (discount rate 9.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 601877 use?
Our models discount Zhejiang Chint Electrics Co at 9.9 %: a base by market capitalisation (mid), damped by beta 0.80, 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 Zhejiang Chint Electrics Co that is -23.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.9 %) and the same formula as our fair value.
How much growth has Zhejiang Chint Electrics Co (601877) delivered so far?
Over the past 5 years revenue at Zhejiang Chint Electrics Co grew +12.2 % a year. The price currently implies free-cash-flow growth of -23.0 % per 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 Zhejiang Chint Electrics Co (601877) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Zhejiang Chint Electrics Co (-23.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Zhejiang Chint Electrics Co (601877)?
The free-cash-flow yield on the price is 39.90 %: that much free cash flow Zhejiang Chint Electrics Co produces per unit of market value. When it exceeds the discount rate of our models (9.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Zhejiang Chint Electrics Co (601877)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Zhejiang Chint Electrics Co it is ¥47.64 per share (as of Nov 8, 2026), against a price of ¥24.73. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Zhejiang Chint Electrics Co stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 601877 trades below its calculated fair value: price ¥24.73, fair value ¥47.64, a gap of about +93% (undervalued). 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 601877?
No. The price is what the market pays today (¥24.73); the fair value is what the company's own numbers justify (¥47.64). For Zhejiang Chint Electrics Co the two are ¥22.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Zhejiang Chint Electrics Co worth?
The market values Zhejiang Chint Electrics Co at about 53.1B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥24.73; our models calculate a fair value of ¥47.64 per share.
What do the bullish and bearish scenarios say about 601877?
Our models span a range for Zhejiang Chint Electrics Co: cautious scenario ¥33.35, base ¥47.64, optimistic ¥61.93 per share (as of Nov 8, 2026, price ¥24.73). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 601877?
Zhejiang Chint Electrics Co trades at a price-to-earnings ratio of 10.4 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥47.64 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 14.6. Other multiples: P/B 1.2, P/S 1.1, EV/EBITDA 6.6.
How solid is the balance sheet of Zhejiang Chint Electrics Co (601877)?
Balance-sheet figures for Zhejiang Chint Electrics Co (as of Nov 8, 2026): return on equity 12.5%, debt of 0.36 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is 601877 from its 52-week high?
Zhejiang Chint Electrics Co trades at ¥24.73, about 39% below its 52-week high of ¥40.28 and 7% above the low of ¥23.05 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥47.64 is for.
Which stocks are comparable to Zhejiang Chint Electrics Co?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 Zhejiang Chint Electrics Co stock attractive at the current price?
The data as of Nov 8, 2026: price ¥24.73, calculated fair value ¥47.64 (+93%), Quality Score 59/100, from 26 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 601877 calculated?
We run Zhejiang Chint Electrics Co through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥47.64 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Zhejiang Chint Electrics Co currently trades 48% below its own fair value, and the market average says nothing about that. 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 Zhejiang Chint Electrics Co (601877)?
The closing price on Nov 6, 2026 was ¥24.73. Our model-based fair value is ¥47.64, about +93% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Zhejiang Chint Electrics Co right now?
The price is below even our cautious bear case (¥33.35). The market is more pessimistic than our downside scenario. Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (¥33.35 to ¥61.93) leaves room in how you read the outcome.
Where does the earnings growth of Zhejiang Chint Electrics Co (601877) come from?
Earnings per share at Zhejiang Chint Electrics Co grew +4.6 % a year from 2013 to 2024. Broken into its drivers: revenue per share +11.5 %, EBIT margin −3.2 %, tax rate −1.5 %, 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 Zhejiang Chint Electrics Co
How large is the market capitalisation of Zhejiang Chint Electrics Co (601877)?
The market capitalisation of Zhejiang Chint Electrics Co is 53.1B CNY (≈ $8.0B). 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 Zhejiang Chint Electrics Co (601877)?
The price-to-sales ratio of Zhejiang Chint Electrics Co is 1.07 (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 Zhejiang Chint Electrics Co (601877)?
Earnings per share at Zhejiang Chint Electrics Co are ¥2.38 (price ÷ EPS = P/E 10.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Zhejiang Chint Electrics Co (601877)?
The dividend yield of Zhejiang Chint Electrics Co is 2.6% (payout 27.3%). 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 Zhejiang Chint Electrics Co (601877)?
The net margin of Zhejiang Chint Electrics Co is 7.5% (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 Zhejiang Chint Electrics Co (601877)?
The return on equity (ROE) of Zhejiang Chint Electrics Co is 12.5% (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 Zhejiang Chint Electrics Co (601877)?
On an EBIT basis the return on assets of Zhejiang Chint Electrics Co is 5.5% (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 Zhejiang Chint Electrics Co (601877)?
The operating margin of Zhejiang Chint Electrics Co is 17.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Zhejiang Chint Electrics Co (601877)?
Revenue at Zhejiang Chint Electrics Co is growing +11.2% versus a year earlier (3y avg +8.8%). 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 Zhejiang Chint Electrics Co (601877)?
Earnings per share at Zhejiang Chint Electrics Co are growing +38.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Zhejiang Chint Electrics Co (601877) carry?
The net debt of Zhejiang Chint Electrics Co is 14.8B CNY (fiscal year 2025, ≈ 0.7 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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Broad data
Nov 8, 2026