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Shandong Golden Empire Precision Machinery Technology Co (603270) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 6.1B CNY

SG Shandong Golden Empire Precision Machinery Technology Co 603270 · SHG
Price¥27.86
Fair Value¥11.88
Upside-57.4%
Quality29/100
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Expensive Growth
Thin margins · 6.9% net margin
Low debt · negative free cash flow
1.18% dividend yield
Trails peers (5/13)
Narrow moat 39/100
Evidence: High Range ¥8.56 – ¥15.97 Share as image

Fair value as of: Aug 10, 2026

From 16 valuation models · updated today

Share price −2.7% over the past month.

Below-average quality, and screening another 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥15.97). The favourable scenario is already priced in.
  • Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (¥8.56 to ¥15.97) leaves room in how you read the outcome.
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Price vs Fair Value (3 years)

¥49.01 ¥15.47 Fair Value ¥11.88 Sep 2023 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

35‑month range ¥15.47 – ¥49.01 · fair‑value band ¥8.56 – ¥15.97 · the ¥27.86 price screens above the ¥11.88 fair value. Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Shandong Golden Empire Precision Machinery Technology Co (603270) currently trades at ¥27.86, while our model-based Fair Value estimate is ¥11.88, implying the stock looks roughly 57.4% overvalued today. The Quality Score stands at 29/100 (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, Shandong Golden Empire Precision Machinery Technology Co generated revenue of 2.2B CNY at a net margin of 6.9%. Revenue grew 38.2% year over year. It earns a return on equity of 6.6%. Net debt stands at 984M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥8.56 (bear case) to ¥15.97 (bull case); at ¥27.86, 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 14% below its 52-week high and 25% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -57%, 603270 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 ¥8.19 ¥8.54 ¥8.78 76
ROIC Compounder ¥6.74 ¥7.77 ¥8.66 72
Gordon GGM ¥3.86 ¥7.69 ¥11.64 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥4.57 ¥31.86 ¥44.70 54
Lynch FV ¥12.71 ¥18.15 ¥23.60 50
PEG = 1.0 ¥12.71 ¥18.15 ¥23.60 46
EPV ¥6.74 ¥7.77 ¥8.66 59
Dividend Discount
Gordon GGM ¥3.86 ¥7.69 ¥11.64 70
DDM Multi-Stage ¥3.86 ¥6.64 ¥8.11 61
Multiples
P/E Multiple ¥10.08 ¥13.43 ¥16.79 63
P/S Multiple ¥8.56 ¥11.42 ¥14.27 58
P/B Multiple ¥8.56 ¥11.42 ¥14.27 55
EV/EBIT ¥12.48 ¥16.57 ¥20.67 53
EV/EBITDA ¥15.78 ¥20.97 ¥26.16 54
EV/Revenue ¥8.48 ¥12.03 ¥15.57 43
Asset-Based
NCAV (Graham) ¥5.16 ¥6.91 ¥10.31 50
Economic Profit
Residual Income ¥8.19 ¥8.54 ¥8.78 76
ROIC Compounder ¥6.74 ¥7.77 ¥8.66 72
Growth Earnings
Growth-Adj P/E ¥15.70 ¥22.44 ¥29.17 68

Widest divergence: Growth Earnings (¥22.44) versus Dividend Discount (¥6.64). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.2B CNY
Revenue growth (YoY) +38.2%
Net margin 6.9%
Return on equity 6.6%
Free cash flow −1.2B CNY FY2025
P/E ratio 42.3
More key figures
Operating margin 12.7%
EPS (TTM) ¥0.6800
Dividend yield 1.1%
EPS growth (YoY) +5.6%
Net debt 984M CNY FY2025

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 31 · Market factors (momentum, volatility) 48

Profitability 29
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 40
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

Shandong Golden Empire Precision Machinery Technology Co., Ltd. engages in the research and development, production, and sale of precision mechanical components in China and internationally.

Full company description

Shandong Golden Empire Precision Machinery Technology Co., Ltd. engages in the research and development, production, and sale of precision mechanical components in China and internationally. The company offers bearing cages and bearing accessories; general motor parts, such as transmission system, engine system, seat system, steering system, parking system, and car door components; electric control system, battery system, and asynchronous and synchronous electric driving system motors; and hydrogen energy applications, hydrogen production field, and energy storage field products. It also provides wind power generation, rail transit, aerospace, car, home appliances, construction machinery, CNC machine tool, and hydrogen energy and energy storage solutions. In addition, the company engages in manufacturing and sale of automotive parts; cage production and sale; new energy technology research and development; equity investment; electric drive system development; and manufacturing of electric motors, generators, and transformers. Further, it exports its products. The company was founded in 2016 and is headquartered in Liaocheng, China.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Shandong Golden Empire Precision Machinery Technology Co reported revenue of ¥2.0B in FY2025 versus ¥1.1B in FY2022, a compound +22.6%/yr. Reported net income was ¥147M in FY2025, compounding +5.1%/yr from FY2022.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.0B CNY
Latest YoY
+49.1%
Avg. growth/yr (3Y)
+22.6%
Revenue +22.6%/yr
FY22 ¥1.1B
FY23 ¥1.1B
FY24 ¥1.4B
FY25 ¥2.0B
Net income +5.1%/yr
FY22 ¥127M
FY23 ¥132M
FY24 ¥99.5M
FY25 ¥147M

603270 screens 57% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Shandong Golden Empire Precision Machinery Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/603270

Peer Group

Auto Parts · 642 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 29 · Bottom 25%
Fair Value upside −57% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 2% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 13% · Top 25%
Revenue growth 38% · Top 25%
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 41.0× · Pricier than 75% of peers
P/B 2.70× · Pricier than median
P/S (TTM) 2.82× · Pricier than 75% of peers
EV/EBITDA 18.0× · 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 17
FUTURE 100 · sector 23
PAST 26 · sector 26
HEALTH 98 · sector 95
DIVIDEND 24 · sector 30

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

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Shandong Golden Empire Precision Machinery Technology Co (603270) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥11.88 versus a price of ¥27.86, about −57% (overvalued).
What is the fair value of 603270?
Our model-based fair value for Shandong Golden Empire Precision Machinery Technology Co is ¥11.88 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥27.86.
What is the quality score of 603270?
Shandong Golden Empire Precision Machinery Technology Co has a Quality Score of 29/100. 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 Shandong Golden Empire Precision Machinery Technology Co (603270)?
Shandong Golden Empire Precision Machinery Technology Co reported trailing-twelve-month revenue of about 2.2B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603270?
The net profit margin of Shandong Golden Empire Precision Machinery Technology Co is about 6.9%, meaning it keeps roughly 6.9% of revenue as net income. Based on the latest reported figures.
Does Shandong Golden Empire Precision Machinery Technology Co pay a dividend?
Shandong Golden Empire Precision Machinery Technology Co currently shows a dividend yield of about 1.11% 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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