EN DE

Sunway Co (603333) Fair Value & Analysis

Industrials · CN · Market cap 5.7B CNY

SC Sunway Co 603333 · SHG
Price¥9.24
Fair Value¥1.75
Upside-81.1%
Quality43/100
Watch Sunway Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -2.0% net margin
Low debt · generates free cash flow
Trails peers (4/13)
Narrow moat 23/100
Evidence: Medium Range ¥0.9605 – ¥1.75 Share as image

Fair value as of: Aug 11, 2026

From 12 valuation models · updated today

Share price +16.7% over the past month.

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.75). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (¥0.9605 to ¥1.75) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥13.61 ¥2.89 Fair Value ¥1.75 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 11, 2026.

How to read this chart

60‑month range ¥2.89 – ¥13.61 · fair‑value band ¥0.9605 – ¥1.75 · the ¥9.24 price screens above the ¥1.75 fair value. Dashed = 300-day average. As of Aug 11, 2026.

Full chart & analysis →

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

Analysis

Sunway Co (603333) currently trades at ¥9.24, while our model-based Fair Value estimate is ¥1.75, implying the stock looks roughly 81.1% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Sunway Co generated revenue of 1.6B CNY at a net margin of -2.0%. Revenue grew 71.7% year over year. It earns a return on equity of -1.3%. Net debt stands at 645M CNY. Fundamentals as of Aug 11, 2026

Our scenario range runs from ¥0.9605 (bear case) to ¥1.75 (bull case); at ¥9.24, 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 12% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -81%, 603333 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.1100 to ¥3.30). Read the values as a conservative anchor, not as a price target.
Model 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. Evidence
Highest evidence
Growth DCF ¥2.53 ¥3.30 ¥4.50 80
Rev-Margin DCF ¥2.26 ¥3.25 ¥4.41 74
Gordon GGM ¥0.0900 ¥0.1100 ¥0.1400 70
All 12 models by family
DCF Models
FCF DCF ¥2.45 ¥3.26 ¥4.60 38
5Y Revenue Exit ¥2.26 ¥3.21 ¥4.50 39
5Y EBITDA Exit ¥1.36 ¥1.66 ¥2.02 41
10Y Revenue Exit ¥2.26 ¥3.09 ¥4.05 36
10Y EBITDA Exit ¥1.77 ¥2.08 ¥2.41 37
Dividend Discount
Gordon GGM ¥0.0900 ¥0.1100 ¥0.1400 70
DDM Multi-Stage ¥0.0900 ¥0.1200 ¥0.1500 61
Multiples
EV/EBITDA ¥0.7600 ¥0.9700 ¥1.17 54
EV/Revenue ¥2.30 ¥3.23 ¥4.16 43
Asset-Based
NCAV (Graham) ¥1.64 ¥2.20 ¥3.29 50
Growth DCF
Growth DCF ¥2.53 ¥3.30 ¥4.50 80
Rev-Margin DCF ¥2.26 ¥3.25 ¥4.41 74

Widest divergence: Growth DCF (¥3.25) versus Dividend Discount (¥0.1100). Highest evidence: Growth DCF (80).

Notify me when 603333 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 1.6B CNY
Revenue growth (YoY) +71.7%
Net margin -2.0%
Return on equity -1.3%
Free cash flow 148M CNY FY2025
Operating margin 5.0%
More key figures
EPS (TTM) ¥-0.0600
EPS growth (YoY) -38.1%
Net debt 645M CNY FY2025

Figures from reported company fundamentals · as of Aug 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 56

Profitability 9
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 43
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

Sunway Co., Ltd. engages in the research and development, production, sale, and service of cable products in China. The company offers hydrogen peroxide, electronic-grade anhydrous hydrogen fluoride, electronic-grade hydrofluoric acid, and sulfuric acid.

Full company description

Sunway Co., Ltd. engages in the research and development, production, sale, and service of cable products in China. The company offers hydrogen peroxide, electronic-grade anhydrous hydrogen fluoride, electronic-grade hydrofluoric acid, and sulfuric acid. It also provides cables for nuclear facilities, rail transit, smart grid, flexible fireproof, solar photovoltaic power generation, and construction industries. The company was formerly known as Sichuan Star Cable Co., Ltd. Sunway Co., Ltd. was founded in 2003 and is headquartered in Leshan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sunway Co reported revenue of ¥1.4B in FY2025 versus ¥2.3B in FY2021, a compound −12.0%/yr. Reported net income was −¥47.3M in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.4B CNY
Latest YoY
−18.8%
Avg. growth/yr (3Y) 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.
−11.3%
Avg. growth/yr (5Y) 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.
−7.1%
Avg. growth/yr (17Y) 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.
+3.0%
Revenue −12.0%/yr
FY21 ¥2.3B
FY22 ¥2.0B
FY23 ¥2.2B
FY24 ¥1.7B
FY25 ¥1.4B
Net income
FY21 −¥30.9M
FY22 ¥18.3M
FY23 ¥20.4M
FY24 ¥16.3M
FY25 −¥47.3M

603333 screens 81% overvalued. Compare with Contemporary Amperex Technology Co →

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). "Sunway Co Fair Value". https://www.fairvalue-calculator.com/stock/603333

Peer Group

Electrical Equipment & Parts · 530 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 43 · Below median
Fair Value upside −81% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 5% · Below median
Revenue growth 72% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.40× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/B 0.41× · Cheaper than 75% of peers
P/S (TTM) 0.53× · Cheaper than 75% of peers
P/FCF 5.7× · Pricier than median
EV/EBITDA 9.8× · Cheaper than median

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 0
FUTURE 100 · sector 57
PAST 0 · sector 26
HEALTH 80 · sector 97
DIVIDEND 0 · sector 19

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 11, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

Compare Sunway Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials 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 Sunway Co (603333) overvalued or undervalued?
As of Aug 11, 2026, our model estimates a fair value of ¥1.75 versus a price of ¥9.24, about −81% (overvalued).
What is the fair value of 603333?
Our model-based fair value for Sunway Co is ¥1.75 (as of Aug 11, 2026), built from audited fundamentals. The current price is ¥9.24.
What is the quality score of 603333?
Sunway Co has a Quality Score of 43/100. 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 Sunway Co (603333)?
Sunway Co reported trailing-twelve-month revenue of about 1.6B CNY (latest available figure, as of Aug 11, 2026).
What is the net profit margin of 603333?
The net profit margin of Sunway Co is about -2.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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 Sunway 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.