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Guangdong Champion Asia Electronics Co (603386) Fair Value & Analysis

Technology · CN · Market cap 5.9B CNY

GC Guangdong Champion Asia Electronics Co 603386 · SHG
Price¥13.31
Fair Value¥8.32
Upside-37.5%
Quality44/100
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Expensive Growth
Loss-making · -1.7% net margin
Low debt · negative free cash flow
Trails peers (4/11)
Narrow moat 23/100
Evidence: Medium Range ¥8.32 – ¥14.62 Share as image

Fair value as of: Jul 11, 2026

From 8 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from ¥7.18 to ¥8.32 (+15.9%) since Jun 24, 2026. Share price −14.6% over the past month.

Below-average quality, and screening another 37% overvalued on our models.

What matters now

  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Our model range runs from ¥8.32 (bear) to ¥14.62 (bull), base ¥8.32. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 44/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

¥20.78 ¥8.46 Fair Value ¥8.32 Feb 2021 Aug 2026

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

How to read this chart

60‑month range ¥8.46 – ¥20.78 · fair‑value band ¥8.32 – ¥14.62 · the ¥13.31 price screens above the ¥8.32 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Guangdong Champion Asia Electronics Co (603386) currently trades at ¥13.31, while our model-based Fair Value estimate is ¥8.32, implying the stock looks roughly 37.5% overvalued today. The Quality Score stands at 44/100 (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: medium).

Over the trailing twelve months, Guangdong Champion Asia Electronics Co generated revenue of 2.6B CNY at a net margin of -1.7%. Revenue grew 2.5% year over year. It earns a return on equity of -3.1%. Net debt stands at 817M CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥8.32 (bear case) to ¥14.62 (bull case); at ¥13.31, 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 34% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -37%, 603386 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
ROIC Compounder ¥1.62 ¥1.89 ¥2.12 72
Gordon GGM ¥0.6100 ¥1.22 ¥1.85 70
DDM Multi-Stage ¥0.6100 ¥1.06 ¥1.29 61
All 8 models by family
Earnings-Based
EPV ¥1.62 ¥1.89 ¥2.12 59
Dividend Discount
Gordon GGM ¥0.6100 ¥1.22 ¥1.85 70
DDM Multi-Stage ¥0.6100 ¥1.06 ¥1.29 61
Multiples
EV/EBIT ¥2.73 ¥3.66 ¥4.59 53
EV/EBITDA ¥7.19 ¥9.61 ¥12.03 54
EV/Revenue ¥1.82 ¥2.62 ¥3.43 43
Asset-Based
NCAV (Graham) ¥2.04 ¥2.73 ¥4.08 50
Economic Profit
ROIC Compounder ¥1.62 ¥1.89 ¥2.12 72

Widest divergence: Multiples (¥3.66) versus Dividend Discount (¥1.06). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) 2.6B CNY
Revenue growth (YoY) +2.5%
Net margin -1.7%
Return on equity -3.1%
Free cash flow −218M CNY FY2025
Operating margin -2.6%
More key figures
EPS (TTM) ¥-0.1300
EPS growth (YoY) -93.7%
Net debt 817M CNY FY2025

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

Quality Score breakdown

Overall quality 44/100

Of which business quality 42 · Market factors (momentum, volatility) 42

Profitability 22
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 84
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

Guangdong Champion Asia Electronics Co.,Ltd. develops, manufactures, and sells printed circuit boards (PCBs) in the People's Republic of China. The company provides small and medium batch, mass production, flexible and rigid-flexible, and special PCB; high-density interconnect circuit boards (HDIs); and SMT and EMS services.

Full company description

Guangdong Champion Asia Electronics Co.,Ltd. develops, manufactures, and sells printed circuit boards (PCBs) in the People's Republic of China. The company provides small and medium batch, mass production, flexible and rigid-flexible, and special PCB; high-density interconnect circuit boards (HDIs); and SMT and EMS services. Its products are primarily used in consumer electronics, car electronics, IT communication, industrial control, security, power, energy, and medical sectors. Guangdong Champion Asia Electronics Co.,Ltd. was founded in 2005 and is based in Huizhou, the People's Republic of China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Champion Asia Electronics Co reported revenue of ¥2.5B in FY2025 versus ¥2.7B in FY2021, a compound −1.8%/yr. Reported net income was −¥6.9M in FY2025.

Growth Quality 21/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.5B CNY
Latest YoY
+8.0%
Avg. growth/yr (3Y)
−0.5%
Avg. growth/yr (5Y)
+4.2%
Avg. growth/yr (12Y)
+14.5%
Revenue −1.8%/yr
FY21 ¥2.7B
FY22 ¥2.6B
FY23 ¥2.4B
FY24 ¥2.3B
FY25 ¥2.5B
Net income
FY21 ¥206M
FY22 ¥163M
FY23 ¥68.6M
FY24 −¥154M
FY25 −¥6.9M

603386 screens 37% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Guangdong Champion Asia Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/603386

Peer Group

Electronic Components · 626 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 44 · Below median
Fair Value upside −38% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth 3% · Below median
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.66× · Cheaper than 75% of peers
P/S (TTM) 0.34× · Cheaper than 75% of peers
EV/EBITDA 6.5× · Cheaper 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 0
FUTURE 13 · sector 32
PAST 0 · sector 24
HEALTH 91 · sector 95
DIVIDEND 0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Guangdong Champion Asia Electronics Co (603386) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥8.32 versus a price of ¥13.31, about −37% (overvalued).
What is the fair value of 603386?
Our model-based fair value for Guangdong Champion Asia Electronics Co is ¥8.32 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥13.31.
What is the quality score of 603386?
Guangdong Champion Asia Electronics Co has a Quality Score of 44/100. 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 Guangdong Champion Asia Electronics Co (603386)?
Guangdong Champion Asia Electronics Co reported trailing-twelve-month revenue of about 2.6B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 603386?
The net profit margin of Guangdong Champion Asia Electronics Co is about -1.7%, 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.

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