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Runner (Xiamen) Corp (603408) Fair Value & Analysis

Industrials · CN · Market cap 4.5B CNY

Price¥10.09
Fair Value¥17.68
Upside+75.2%
Quality95/100
Evidence: High Range ¥12.38 – ¥23.22

Fair value as of: Jun 24, 2026

Analysis

Runner (Xiamen) Corp (603408) currently trades at ¥10.09, while our model-based Fair Value estimate is ¥17.68 — implying the stock looks roughly 75.2% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

About the company

Runner (Xiamen) Corp. engages in the research and development, design, production, and sale of kitchen and bathroom products, livable air, health care, water purification products, and other products in China and internationally. The company offers showers, faucets, and water inlet and outlet products. It also offers air treatment, home appliance, pipe installation, and other household products. In addition, the company provides sanitary ware, air vents, and automotive appliances. Further, the company offers engineering design, construction, installation, and services. Runner (Xiamen) Corp. was founded in 1990 and is headquartered in Xiamen, China.

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Frequently asked questions

Is Runner (Xiamen) Corp (603408) undervalued?
As of Jun 24, 2026, our model estimates a fair value of ¥17.68 versus a price of ¥10.09 — about +75% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 603408?
Our 21-model fair value for Runner (Xiamen) Corp is ¥17.68 (as of Jun 24, 2026), built from audited fundamentals. The current price is ¥10.09.
What is the quality score of 603408?
Runner (Xiamen) Corp has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.