Shenzhen Gongjin Electn (603118) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Shenzhen Gongjin Electn ¥2.34, price ¥15.72, upside -85.1%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Shenzhen Gongjin Electn for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥5.55 – ¥19.32 · fair‑value band ¥1.64 – ¥3.04 · the ¥15.72 price screens above the ¥2.34 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Follow Shenzhen Gongjin Electn in your weekly email
Every Wednesday you see whether Shenzhen Gongjin Electn is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Shenzhen Gongjin Electronics Co., Ltd. engages in the research and development, manufacture, and sale of mobile communication equipment and application products in China and internationally.
Show more
Shenzhen Gongjin Electronics Co., Ltd. engages in the research and development, manufacture, and sale of mobile communication equipment and application products in China and internationally. It provides automotive electronics products, such as driver assistance systems (ADAS), intelligent cockpit products, electronic exterior rearview mirror (CMS), domain controller unit, intelligent driving perception system, domain controller unit for smart driving, and automotive electronic EMS; network communication products, including FTTx, DOCSIS, xDSL, and Wi-Fi solutions; data communication network equipment, such as switches, enterprise AP, SD-WAN router devices, and servers; and mobile communications products, including 5G CPE and small cell and 5G FWA devices. It also offers AI smart home products. Further, the company provides wireless products, including Wi-Fi adapter and 802.11ac products; and EPON and GPON products. It also provides IAD, cable modem, and OTT products; and power supply products comprising power adaptor and other power switching products. The company was founded in 1998 and is based in Shenzhen, China.
Stock analysis
Shenzhen Gongjin Electn (603118) currently trades at ¥15.72, while our model-based Fair Value estimate is ¥2.34, 85.1% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of ¥4.30 per share, and 0 of the 16 models we run sit above the ¥15.72 price.
Bear case: the Dividend Discount group reads lowest at ¥0.4600, and 16 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥1.64 (bear) to ¥3.04 (bull), the price of ¥15.72 sits above 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 55/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Shenzhen Gongjin Electn reported revenue of 9.2B CNY in FY2025 versus 10.8B CNY in FY2021, a compound −4.0%/yr. Reported net income was 77.8M CNY in FY2025, compounding −33.4%/yr from FY2021.
Key figures
Market cap 12.4B CNY (≈ $1.8B) · P/E ratio 157.2 · P/S ratio 1.33 · EPS (TTM) ¥0.1000 · Dividend yield 0.2% · Net margin 0.8% · Return on equity 1.6% · Return on assets (EBIT) 1.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (medium confidence).
What moves the price
The share trades about 19% below its 52-week high and 45% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −85%, 603118 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.4600 to ¥14.39). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ¥1.64Fair Value ¥2.34Bull ¥3.04
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.0529 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.Evidence ⓘEvidence = 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.27/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+9.8%
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.
−5.7%
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.
+0.8%
Start year 2020 (pandemic). Over 10 years: +3.5% a year
Revenue growth 14 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.
+6.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−25.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−26.1%
Dividend (yield on the price)0.2%
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.−26.1% vs −13.0%, slowing
Profit margin 2020 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.4% → 3%
Compare Shenzhen Gongjin Electn with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Communication Equipment · 298 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−85.1% · Bottom 25%
Profitability
Return on equity (TTM)1.6% · Below median
Return on assets1.2% · Below median
Net margin (TTM)0.9% · Below median
Operating margin (TTM)3.7% · Below median
Growth and dividend
Revenue growth6.3% · Below median
Dividend yield (TTM)0.2% · Bottom 25%
Balance sheet
Debt / equity0.07× · Above median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (TTM)157.2× · Priciest 25%
P/B2.45× · Pricier than median
P/S (TTM)1.33× · Cheaper than median
EV/EBITDA26.6× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)32· sector 42
PAST (return on equity)6· sector 18
HEALTH (low debt)97· sector 98
DIVIDEND (yield)4· sector 24
VALUE 0: the price sits above our fair-value range.
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.
Is Shenzhen Gongjin Electn (603118) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥2.34 versus a price of ¥15.72, about −85% upside (overvalued).
What is the fair value of 603118?
Our model-based fair value for Shenzhen Gongjin Electn is ¥2.34 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥15.72.
What is the quality score of 603118?
Shenzhen Gongjin Electn has a Quality Score of 55/100. 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 Shenzhen Gongjin Electn (603118)?
Our model-based price target is the fair value of ¥2.34 (as of Sep 24, 2026) from 16 valuation models. Cautious scenario ¥1.64, optimistic scenario ¥3.04. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenzhen Gongjin Electn stock forecast for 2026?
Our models put fair value at ¥2.34, about −85% upside versus a price of ¥15.72 (overvalued). Cautious scenario ¥1.64, optimistic scenario ¥3.04. The calculation is refreshed regularly with new filings.
What is the revenue of Shenzhen Gongjin Electn (603118)?
Shenzhen Gongjin Electn reported trailing-twelve-month revenue of about 9.3B CNY (latest available figure, as of Sep 24, 2026).
Does Shenzhen Gongjin Electn pay a dividend?
Shenzhen Gongjin Electn currently shows a dividend yield of about 0.19% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Shenzhen Gongjin Electn (603118)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenzhen Gongjin Electn it is ¥2.34 per share (as of Sep 24, 2026), against a price of ¥15.72. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Shenzhen Gongjin Electn stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 603118 trades above its calculated fair value: price ¥15.72, fair value ¥2.34, a gap of about −85% (overvalued). 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 603118?
No. The price is what the market pays today (¥15.72); the fair value is what the company's own numbers justify (¥2.34). For Shenzhen Gongjin Electn the two are ¥13.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenzhen Gongjin Electn worth?
The market values Shenzhen Gongjin Electn at about 12.4B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥15.72; our models calculate a fair value of ¥2.34 per share.
What do the bullish and bearish scenarios say about 603118?
Our models span a range for Shenzhen Gongjin Electn: cautious scenario ¥1.64, base ¥2.34, optimistic ¥3.04 per share (as of Sep 24, 2026, price ¥15.72). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 603118?
Shenzhen Gongjin Electn trades at a price-to-earnings ratio of 157.2 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥2.34 is built from several models across several years. Other multiples: P/B 2.5, P/S 1.3, EV/EBITDA 26.6.
How solid is the balance sheet of Shenzhen Gongjin Electn (603118)?
Balance-sheet figures for Shenzhen Gongjin Electn (as of Sep 24, 2026): return on equity 1.6%, debt of 0.07 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 603118 from its 52-week high?
Shenzhen Gongjin Electn trades at ¥15.72, about 19% below its 52-week high of ¥19.32 and 45% above the low of ¥10.86 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥2.34 is for.
Which stocks are comparable to Shenzhen Gongjin Electn?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Eoptolink Technology Inc, 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 Shenzhen Gongjin Electn stock attractive at the current price?
The data as of Sep 24, 2026: price ¥15.72, calculated fair value ¥2.34 (−85%), Quality Score 55/100, from 16 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 603118 calculated?
We run Shenzhen Gongjin Electn through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥2.34, 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 14.5 % above its aggregate fair value. Shenzhen Gongjin Electn itself currently trades above fair value. 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 Shenzhen Gongjin Electn (603118)?
The closing price on Sep 30, 2026 was ¥15.72. Our model-based fair value is ¥2.34, about −85% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenzhen Gongjin Electn right now?
The price sits above even our optimistic bull case (¥3.04). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥1.64 to ¥3.04) leaves room in how you read the outcome.
Where does the earnings growth of Shenzhen Gongjin Electn (603118) come from?
Earnings per share at Shenzhen Gongjin Electn grew −8.2 % a year from 2013 to 2024. Broken into its drivers: revenue per share +1.8 %, EBIT margin −9.1 %, tax rate −0.7 %, residual (interest, one-offs) −0.1 %. 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 Shenzhen Gongjin Electn
How large is the market capitalisation of Shenzhen Gongjin Electn (603118)?
The market capitalisation of Shenzhen Gongjin Electn is 12.4B CNY (≈ $1.8B). 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 Shenzhen Gongjin Electn (603118)?
The price-to-sales ratio of Shenzhen Gongjin Electn is 1.33 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shenzhen Gongjin Electn (603118)?
Earnings per share at Shenzhen Gongjin Electn are ¥0.1000 (price ÷ EPS = P/E 157.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shenzhen Gongjin Electn (603118)?
The dividend yield of Shenzhen Gongjin Electn is 0.2% (payout 30.0%). 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 Shenzhen Gongjin Electn (603118)?
The net margin of Shenzhen Gongjin Electn is 0.8% (fiscal year 2025). 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 Shenzhen Gongjin Electn (603118)?
The return on equity (ROE) of Shenzhen Gongjin Electn is 1.6% (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 Shenzhen Gongjin Electn (603118)?
On an EBIT basis the return on assets of Shenzhen Gongjin Electn is 1.8% (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 Shenzhen Gongjin Electn (603118)?
The operating margin of Shenzhen Gongjin Electn is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shenzhen Gongjin Electn (603118)?
Revenue at Shenzhen Gongjin Electn is growing +6.3% versus a year earlier (3y avg −5.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Shenzhen Gongjin Electn (603118) generate?
The free cash flow of Shenzhen Gongjin Electn is −129M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Shenzhen Gongjin Electn (603118) carry?
The net debt of Shenzhen Gongjin Electn is 400M CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Shenzhen Gongjin Electn in the live analysis
One click puts Shenzhen Gongjin Electn on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
