Nanjing Kangni Mechanical & Electrical Co (603111) Fair Value & Analysis
Industrials · CN · Market cap 5.0B CNY
Fair value as of: Aug 10, 2026
From 26 valuation models · updated today
Share price −2.0% over the past month.
A solid business, screening 48% undervalued on our models.
What matters now
- The price is below even our cautious bear case (¥6.42). The market is more pessimistic than our downside scenario.
- Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
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 ¥4.04 – ¥8.33 · fair‑value band ¥6.42 – ¥10.70 · the ¥5.77 price screens below the ¥8.56 fair value. Dashed = 300-day average. As of Aug 10, 2026.
Analysis
Nanjing Kangni Mechanical & Electrical Co (603111) currently trades at ¥5.77, while our model-based Fair Value estimate is ¥8.56, implying the stock looks roughly 48.4% undervalued today. The Quality Score stands at 69/100 (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, Nanjing Kangni Mechanical & Electrical Co generated revenue of 4.2B CNY at a net margin of 8.4%. Revenue grew 3.9% year over year. It earns a return on equity of 8.8%. The balance sheet holds a net cash position of 970M CNY. Fundamentals as of Aug 10, 2026
Our scenario range runs from ¥6.42 (bear case) to ¥10.70 (bull case); at ¥5.77, the current price sits below 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 31% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at 48%, 603111 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.
All 26 models by family
Widest divergence: DCF Models (¥12.11) versus Asset-Based (¥3.15). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 69 · Market factors (momentum, volatility) 39
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
Nanjing Kangni Mechanical & Electrical Co.,Ltd engages in the research and development, manufacture, sale, and maintenance of railway vehicle door systems in China.
Full company description
Nanjing Kangni Mechanical & Electrical Co.,Ltd engages in the research and development, manufacture, sale, and maintenance of railway vehicle door systems in China. The company offers mass transit vehicle doors, including electrically driven bi-parting and single-leaf sliding plug, electrically driven bi-parting external tightness and pocket sliding, manual pocket sliding, hinged, manual sliding plug, and external emergency front doors, as well as upturned hinged emergency front door/emergency stairs and rear end doors for cabs. It also provides main line vehicle doors, such as electrically controlled pneumatically driven pocket sliding and sliding plug, electrically controlled electrically driven sliding plug and sliding, manually operated sliding plug, manual operated hinged/sliding, inflatable sealing sliding plug, and manual sliding door/manually operated hinged door/manually operated swing doors. In addition, the company offers platform screen doors comprising full and half-height platform screen door systems for railway stations; and vehicle interior fittings that include partition of VIP rooms, central ceilings/ventilation grids, longitudinal transoms, partition walls/electrical cubicle covers of cab, side walls/side ceilings, side windows, and handrails and screens, as well as bus doors. Further, the company provides new energy products for automobile industry; and electrical, mechanism driving, door leaf, and operating parts, as well as after sales and maintenance services. It also exports its products to the United States, France, Canada, Turkey, Singapore, Argentina, Saudi Arabia, and Brazil. Nanjing Kangni Mechanical & Electrical Co.,Ltd was founded in 2000 and is based in Nanjing, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Nanjing Kangni Mechanical & Electrical Co reported revenue of ¥4.2B in FY2025 versus ¥3.5B in FY2021, a compound +4.4%/yr. Reported net income was ¥351M in FY2025, compounding −1.3%/yr from FY2021.
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Peer Group
Railroads · 111 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 Railroads 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.
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.
Similar stocks
10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Union Pacific Corporation UNP | $301.75 | $144.60 | -52% |
| CSX Corporation CSX | $49.41 | $12.85 | -74% |
| Canadian Pacific Kansas City Limited CP | $92.91 | $35.00 | -62% |
| Canadian National Railway Company CNI | $128.22 | $92.63 | -28% |
| Norfolk Southern Corporation NSC | $327.47 | $117.90 | -64% |
| Westinghouse Air Brake Technologies Corporation WAB | $259.71 | $144.80 | -44% |
| Beijing-Shanghai High-Speed Railway Co 601816 | ¥4.82 | ¥5.65 | +17% |
| CRRC Corporation 601766 | ¥5.65 | ¥9.53 | +69% |
| Daqin Railway Co 601006 | ¥4.85 | ¥6.24 | +29% |
| Hyundai Rotem Company 064350 | 167,700 KRW | 125,182 KRW | -25% |
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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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