EN DE

Zhejiang Biyi Electric Appliance Co (603215) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 3.2B CNY

ZB Zhejiang Biyi Electric Appliance Co 603215 · SHG
Price¥14.73
Fair Value¥6.45
Upside-56.2%
Quality36/100
Watch Zhejiang Biyi Electric Appliance Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 2.1% net margin
Low debt · negative free cash flow
0.16% dividend yield
Trails peers (1/13)
Narrow moat 26/100
Evidence: High Range ¥4.84 – ¥8.07 Share as image

Fair value as of: Aug 10, 2026

From 16 valuation models · updated today

Fair value updated Aug 10, 2026, revised from ¥6.43 to ¥6.45 (+0.3%) since Jul 11, 2026. Share price +3.6% over the past month.

Below-average quality, and screening another 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥8.07). The favourable scenario is already priced in.
  • Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥26.21 ¥11.20 Fair Value ¥6.45 Feb 2022 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

54‑month range ¥11.20 – ¥26.21 · fair‑value band ¥4.84 – ¥8.07 · the ¥14.73 price screens above the ¥6.45 fair value. Dashed = 300-day average. As of Aug 10, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Zhejiang Biyi Electric Appliance Co (603215) currently trades at ¥14.73, while our model-based Fair Value estimate is ¥6.45, implying the stock looks roughly 56.2% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Zhejiang Biyi Electric Appliance Co generated revenue of 2.4B CNY at a net margin of 2.1%. Revenue grew 3.5% year over year. It earns a return on equity of 3.4%. Net debt stands at 531M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥4.84 (bear case) to ¥8.07 (bull case); at ¥14.73, the current price sits above 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 40% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -56%, 603215 screens richer 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
Residual Income ¥4.62 ¥4.84 ¥4.99 76
ROIC Compounder ¥2.62 ¥3.11 ¥3.53 72
Gordon GGM ¥3.09 ¥6.15 ¥9.31 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥2.58 ¥15.17 ¥21.12 54
Lynch FV ¥4.30 ¥6.14 ¥7.99 50
PEG = 1.0 ¥4.30 ¥6.14 ¥7.99 46
EPV ¥2.62 ¥3.11 ¥3.53 59
Dividend Discount
Gordon GGM ¥3.09 ¥6.15 ¥9.31 70
DDM Multi-Stage ¥3.09 ¥5.32 ¥6.49 61
Multiples
P/E Multiple ¥6.26 ¥8.35 ¥10.44 63
P/S Multiple ¥4.84 ¥6.45 ¥8.07 58
P/B Multiple ¥4.84 ¥6.45 ¥8.07 55
EV/EBIT ¥5.36 ¥7.31 ¥9.26 53
EV/EBITDA ¥7.12 ¥9.66 ¥12.20 54
EV/Revenue ¥3.45 ¥5.14 ¥6.83 43
Asset-Based
NCAV (Graham) ¥2.90 ¥3.89 ¥5.80 50
Economic Profit
Residual Income ¥4.62 ¥4.84 ¥4.99 76
ROIC Compounder ¥2.62 ¥3.11 ¥3.53 72
Growth Earnings
Growth-Adj P/E ¥6.45 ¥9.21 ¥11.98 68

Widest divergence: Growth Earnings (¥9.21) versus Economic Profit (¥3.11). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.4B CNY
Revenue growth (YoY) +3.5%
Net margin 2.1%
Return on equity 3.4%
Free cash flow −531M CNY FY2025
P/E ratio 54.6
More key figures
Operating margin -2.6%
EPS (TTM) ¥0.2700
Dividend yield 0.2%
EPS growth (YoY) -44.5%
Net debt 531M CNY FY2025

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

Quality Score breakdown

Overall quality 36/100

Of which business quality 38 · Market factors (momentum, volatility) 31

Profitability 29
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 21
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 15
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

Zhejiang Biyi Electric Appliance Co., Ltd. engages in the design, manufacture, and sale of heating kitchen electrical products in China. It offers air fryers, coffee machines, ambient appliances, milk frothers, air ovens, deep fryers, and grills under the Biyi brand. It exports its products to Europe, North America, South America, and Southeast Asia.

Full company description

Zhejiang Biyi Electric Appliance Co., Ltd. engages in the design, manufacture, and sale of heating kitchen electrical products in China. It offers air fryers, coffee machines, ambient appliances, milk frothers, air ovens, deep fryers, and grills under the Biyi brand. It exports its products to Europe, North America, South America, and Southeast Asia. Zhejiang Biyi Electric Appliance Co., Ltd. was incorporated in 2001 and is based in Yuyao, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Biyi Electric Appliance Co reported revenue of ¥2.4B in FY2025 versus ¥1.6B in FY2021, a compound +9.5%/yr. Reported net income was ¥81.5M in FY2025, compounding −9.2%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.4B CNY
Latest YoY
+14.2%
Avg. growth/yr (3Y)
+16.2%
Avg. growth/yr (5Y)
+15.1%
Avg. growth/yr (6Y)
+21.2%
Revenue +9.5%/yr
FY21 ¥1.6B
FY22 ¥1.5B
FY23 ¥1.6B
FY24 ¥2.1B
FY25 ¥2.4B
Net income −9.2%/yr
FY21 ¥120M
FY22 ¥178M
FY23 ¥202M
FY24 ¥140M
FY25 ¥81.5M

603215 screens 56% overvalued. Compare with Midea Group →

Share or link this analysis
For bloggers & editors: embed code + live data

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 Biyi Electric Appliance Co Fair Value". https://www.fairvalue-calculator.com/stock/603215

Peer Group

Furnishings, Fixtures & Appliances · 311 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 36 · Bottom 25%
Fair Value upside −56% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) -3% · Bottom 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.43× · Higher than 75% of peers

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 54.6× · Pricier than 75% of peers
P/B 2.54× · Pricier than 75% of peers
P/S (TTM) 1.33× · Pricier than median
EV/EBITDA 25.1× · Pricier than 75% of peers

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 0 · sector 26
FUTURE 18 · sector 0
PAST 14 · sector 19
HEALTH 79 · sector 98
DIVIDEND 3 · sector 55

VALUE 0: the price sits above our fair-value range.

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%

Compare Zhejiang Biyi Electric Appliance Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Zhejiang Biyi Electric Appliance Co (603215) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥6.45 versus a price of ¥14.73, about −56% (overvalued).
What is the fair value of 603215?
Our model-based fair value for Zhejiang Biyi Electric Appliance Co is ¥6.45 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥14.73.
What is the quality score of 603215?
Zhejiang Biyi Electric Appliance Co has a Quality Score of 36/100. 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 Zhejiang Biyi Electric Appliance Co (603215)?
Zhejiang Biyi Electric Appliance Co reported trailing-twelve-month revenue of about 2.4B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603215?
The net profit margin of Zhejiang Biyi Electric Appliance Co is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Biyi Electric Appliance Co pay a dividend?
Zhejiang Biyi Electric Appliance Co currently shows a dividend yield of about 0.16% 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.

14 days Pro free · no card

Track Zhejiang Biyi Electric Appliance Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.