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Shanghai Longcheer Technology Co (603341) Fair Value & Analysis

Technology · CN · Market cap 19.5B CNY

SL Shanghai Longcheer Technology Co 603341 · SHG
Price¥37.04
Fair Value¥34.77
Upside-6.1%
Quality38/100
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Mixed Growth
Thin margins · 1.1% net margin
Low debt · generates free cash flow
1.40% dividend yield
Trails peers (4/14)
Narrow moat 27/100
Evidence: High Range ¥26.13 – ¥41.25 Share as image

Fair value as of: Jul 12, 2026

From 25 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from ¥34.83 to ¥34.77 (−0.2%) since Jun 24, 2026. Share price −7.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥26.13 (bear) to ¥41.25 (bull), base ¥34.77. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 38/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (2 years)

¥54.40 ¥33.00 Fair Value ¥34.77 Mar 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

29‑month range ¥33.00 – ¥54.40 · fair‑value band ¥26.13 – ¥41.25 · the ¥37.04 price screens above the ¥34.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Shanghai Longcheer Technology Co (603341) currently trades at ¥37.04, while our model-based Fair Value estimate is ¥34.77, implying the stock looks roughly 6.1% fairly valued today. The Quality Score stands at 38/100 (below-average quality), in the Technology 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, Shanghai Longcheer Technology Co generated revenue of 40.3B CNY at a net margin of 1.1%. Revenue declined 19.3% year over year. It earns a return on equity of 6.9%. The balance sheet holds a net cash position of 4.2B CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥26.13 (bear case) to ¥41.25 (bull case); at ¥37.04, the current price sits within 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 30% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -6%, 603341 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥15.25 ¥19.76 ¥28.88 80
Residual Income ¥10.94 ¥12.16 ¥18.68 76
ROIC Compounder ¥21.29 ¥25.85 ¥31.94 72
All 25 models by family
DCF Models
FCF DCF ¥15.58 ¥18.78 ¥28.96 38
Owner Earnings ¥13.29 ¥17.49 ¥26.30 31
5Y Revenue Exit ¥19.22 ¥27.89 ¥45.60 39
5Y EBITDA Exit ¥32.62 ¥55.80 ¥100.12 41
5Y P/E Exit ¥30.65 ¥59.56 ¥98.75 38
10Y Revenue Exit ¥17.78 ¥29.54 ¥40.55 36
10Y EBITDA Exit ¥27.83 ¥56.81 ¥113.96 37
10Y P/E Exit ¥26.41 ¥52.80 ¥101.46 35
Earnings-Based
Graham-Dodd ¥8.46 ¥59.00 ¥82.79 54
Lynch FV ¥19.91 ¥28.44 ¥36.97 50
PEG = 1.0 ¥19.91 ¥28.44 ¥36.97 46
EPV ¥19.26 ¥20.81 ¥22.16 59
Dividend Discount
Gordon GGM ¥5.75 ¥11.95 ¥18.96 70
DDM Multi-Stage ¥5.75 ¥10.08 ¥12.54 61
Multiples
P/E Multiple ¥26.13 ¥34.83 ¥43.54 63
P/S Multiple ¥15.86 ¥21.15 ¥26.44 58
P/B Multiple ¥15.86 ¥21.15 ¥26.44 55
EV/EBIT ¥29.45 ¥35.93 ¥42.42 53
EV/EBITDA ¥38.81 ¥48.41 ¥58.02 54
EV/Revenue ¥19.83 ¥24.05 ¥28.26 43
Asset-Based
NCAV (Graham) ¥6.20 ¥8.31 ¥12.40 50
Growth DCF
Growth DCF ¥15.25 ¥19.76 ¥28.88 80
Economic Profit
Residual Income ¥10.94 ¥12.16 ¥18.68 76
ROIC Compounder ¥21.29 ¥25.85 ¥31.94 72
Growth Earnings
Growth-Adj P/E ¥29.74 ¥42.49 ¥55.23 68

Widest divergence: Growth Earnings (¥42.49) versus Asset-Based (¥8.31). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 40.3B CNY
Revenue growth (YoY) -19.3%
Net margin 1.1%
Return on equity 6.9%
Free cash flow 156M CNY FY2025
P/E ratio 38.4
More key figures
Operating margin 0.0%
EPS (TTM) ¥0.9700
Dividend yield 1.4%
EPS growth (YoY) -90.9%
Net cash 4.2B CNY FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 41 · Market factors (momentum, volatility) 38

Profitability 43
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 38
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

Shanghai Longcheer Technology Co., Ltd. operates as a technology company that engages in the research, design, and manufacturing of smart technology devices and related products in China, United States, South Korea, Japan, Hong Kong and Singapore.

Full company description

Shanghai Longcheer Technology Co., Ltd. operates as a technology company that engages in the research, design, and manufacturing of smart technology devices and related products in China, United States, South Korea, Japan, Hong Kong and Singapore. The company offers smartphones, personal computing and automotive electronics, consumer electronics including tablets, AIoT devices, including smart watches/bands, smart eyewear and TWS earphones, and AI Personal Computers. The company was formerly known as Longcheer Technology (Shanghai) Co., Ltd. and changed its name to Shanghai Longcheer Technology Co., Ltd. in October 2004. Shanghai Longcheer Technology Co., Ltd. was founded in 2002 and is headquartered in Shanghai, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shanghai Longcheer Technology Co reported revenue of ¥42.1B in FY2025 versus ¥24.6B in FY2021, a compound +14.4%/yr. Reported net income was ¥585M in FY2025, compounding +1.7%/yr from FY2021.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
42.1B CNY
Latest YoY
−9.2%
Avg. growth/yr (3Y)
+12.8%
Avg. growth/yr (5Y)
+20.7%
Avg. growth/yr (13Y)
+23.7%
Revenue +14.4%/yr
FY21 ¥24.6B
FY22 ¥29.3B
FY23 ¥27.2B
FY24 ¥46.4B
FY25 ¥42.1B
Net income +1.7%/yr
FY21 ¥547M
FY22 ¥561M
FY23 ¥605M
FY24 ¥501M
FY25 ¥585M

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Cite: Fair Value Calculator (2026). "Shanghai Longcheer Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/603341

Peer Group

Consumer Electronics · 129 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 38 · Bottom 25%
Fair Value upside −6% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 0% · Below median
Net margin (TTM) 1% · Above median
Operating margin (TTM) 0% · Below median
Revenue growth -19% · Bottom 25%
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/E (TTM) 38.4× · Pricier than median
P/B 3.34× · Pricier than 75% of peers
P/S (TTM) 0.48× · Cheaper than median
P/FCF 18.5× · Pricier than 75% of peers
EV/EBITDA 29.7× · 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 25 · sector 8
FUTURE 0 · sector 13
PAST 28 · sector 10
HEALTH 94 · sector 97
DIVIDEND 28 · sector 29

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 Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $313.33 $122.91 -61%
Samsung Electronics Co 005930 255,000 KRW 138,019 KRW -46%
Sony Group SONYN 366.00 MXN 468.94 MXN +28%
Xiaomi Corporation 1810 HK$26.88 HK$39.84 +48%
LG Electronics Inc 066570 179,000 KRW 101,531 KRW -43%
Sharetronic Data Technology Co 300857 ¥277.96 ¥35.89 -87%
Huaqin Co 603296 ¥78.20 ¥65.69 -16%
Goertek Inc 002241 ¥22.25 ¥18.86 -15%
LG Corp 003550 102,400 KRW 93,881 KRW -8%
Anker Innovations Limited 300866 ¥105.92 ¥78.52 -26%

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Frequently asked questions

Is Shanghai Longcheer Technology Co (603341) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥34.77 versus a price of ¥37.04, about −6% (fairly valued).
What is the fair value of 603341?
Our model-based fair value for Shanghai Longcheer Technology Co is ¥34.77 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥37.04.
What is the quality score of 603341?
Shanghai Longcheer Technology Co has a Quality Score of 38/100. 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 Shanghai Longcheer Technology Co (603341)?
Shanghai Longcheer Technology Co reported trailing-twelve-month revenue of about 40.3B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 603341?
The net profit margin of Shanghai Longcheer Technology Co is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. Based on the latest reported figures.
Does Shanghai Longcheer Technology Co pay a dividend?
Shanghai Longcheer Technology Co currently shows a dividend yield of about 1.40% relative to its recent price (as of Jul 12, 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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