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Zhejiang Jiecang Linear Motion Technology Co (603583) Fair Value & Analysis

Industrials · CN · Market cap 9.5B CNY

ZJ Zhejiang Jiecang Linear Motion Technology Co 603583 · SHG
Price¥24.36
Fair Value¥21.62
Upside-11.3%
Quality61/100
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Expensive Growth
Thin margins · 8.3% net margin
Low debt · generates free cash flow
1.28% dividend yield
Ranks above peers (11/14)
Narrow moat 40/100
Evidence: High Range ¥14.96 – ¥27.03 Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 30 days ago

Share price +6.6% over the past month.

A solid business, but screening 11% overvalued on our models.

What matters now

  • A fairly wide model range (¥14.96 to ¥27.03) leaves room in how you read the outcome.
  • Our model range runs from ¥14.96 (bear) to ¥27.03 (bull), base ¥21.62. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥65.04 ¥13.58 Fair Value ¥21.62 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 ¥13.58 – ¥65.04 · fair‑value band ¥14.96 – ¥27.03 · the ¥24.36 price screens above the ¥21.62 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Zhejiang Jiecang Linear Motion Technology Co (603583) currently trades at ¥24.36, while our model-based Fair Value estimate is ¥21.62, implying the stock looks roughly 11.3% overvalued today. The Quality Score stands at 61/100 (solid 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: high).

Over the trailing twelve months, Zhejiang Jiecang Linear Motion Technology Co generated revenue of 4.0B CNY at a net margin of 8.3%. Revenue declined 1.4% year over year. It earns a return on equity of 7.3%. The balance sheet holds a net cash position of 1.3B CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥14.96 (bear case) to ¥27.03 (bull case); at ¥24.36, 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 48% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -11%, 603583 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 ¥6.65 ¥8.62 ¥12.45 80
Residual Income ¥10.10 ¥10.86 ¥12.55 76
Rev-Margin DCF ¥12.97 ¥23.90 ¥43.24 74
All 26 models by family
DCF Models
FCF DCF ¥6.81 ¥8.23 ¥12.63 38
Owner Earnings ¥10.46 ¥18.08 ¥33.49 31
5Y Revenue Exit ¥12.97 ¥21.46 ¥39.22 39
5Y EBITDA Exit ¥17.80 ¥31.31 ¥57.67 41
5Y P/E Exit ¥16.80 ¥35.36 ¥60.99 38
10Y Revenue Exit ¥10.77 ¥22.71 ¥32.41 36
10Y EBITDA Exit ¥14.63 ¥32.69 ¥67.55 37
10Y P/E Exit ¥13.93 ¥30.64 ¥60.80 35
Earnings-Based
Graham-Dodd ¥7.00 ¥48.83 ¥68.52 54
Lynch FV ¥17.54 ¥25.05 ¥32.57 50
PEG = 1.0 ¥17.54 ¥25.05 ¥32.57 46
EPV ¥13.22 ¥14.64 ¥15.87 59
Dividend Discount
Gordon GGM ¥3.07 ¥6.12 ¥9.27 70
DDM Multi-Stage ¥3.07 ¥5.29 ¥6.46 61
Multiples
P/E Multiple ¥16.22 ¥21.62 ¥27.03 63
P/S Multiple ¥13.13 ¥17.50 ¥21.88 58
P/B Multiple ¥13.13 ¥17.50 ¥21.88 55
EV/EBIT ¥18.55 ¥23.33 ¥28.11 53
EV/EBITDA ¥21.77 ¥27.63 ¥33.49 54
EV/Revenue ¥14.44 ¥18.83 ¥23.22 43
Asset-Based
NCAV (Graham) ¥6.07 ¥8.14 ¥12.15 50
Growth DCF
Growth DCF ¥6.65 ¥8.62 ¥12.45 80
Rev-Margin DCF ¥12.97 ¥23.90 ¥43.24 74
Economic Profit
Residual Income ¥10.10 ¥10.86 ¥12.55 76
ROIC Compounder ¥14.29 ¥18.20 ¥21.58 72
Growth Earnings
Growth-Adj P/E ¥22.68 ¥32.40 ¥42.12 68

Widest divergence: Growth Earnings (¥32.40) versus Dividend Discount (¥5.29). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.0B CNY
Revenue growth (YoY) -1.4%
Net margin 8.3%
Return on equity 7.3%
Free cash flow 63.5M CNY FY2025
P/E ratio 28.0
More key figures
Operating margin 8.9%
EPS (TTM) ¥0.8800
Dividend yield 1.3%
EPS growth (YoY) -55.2%
Net cash 1.3B CNY FY2024

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 60 · Market factors (momentum, volatility) 24

Profitability 40
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 74
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

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. engages in the research and development, production, and sale of linear drive products in Asia, Europe, and the United States.

Full company description

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. engages in the research and development, production, and sale of linear drive products in Asia, Europe, and the United States. The company offers components, such as linear actuators, lifting columns, sunlight management, robotic core drive, wheelchair motor, control boxes, controls, and accessories; and systems, including standing desk solution, adjustable bed bases, lifting TV base, bath lift, lifting cabinet bases, toilet lift, lifting dresser bases, extendable tabletop, wheelchair systems, rollator walker, electromechanically assisted opening, electrical wardrobe lift, and ceiling lifts. Its products are used in office, medical care, home, and industrial automation applications. The company was founded in 2000 and is headquartered in Shaoxing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Jiecang Linear Motion Technology Co reported revenue of ¥4.0B in FY2025 versus ¥2.6B in FY2021, a compound +11.2%/yr. Reported net income was ¥397M in FY2025, compounding +10.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
4.0B CNY
Latest YoY
+10.5%
Avg. growth/yr (3Y)
+10.3%
Avg. growth/yr (5Y)
+16.7%
Avg. growth/yr (13Y)
+33.9%
Revenue +11.2%/yr
FY21 ¥2.6B
FY22 ¥3.0B
FY23 ¥3.0B
FY24 ¥3.7B
FY25 ¥4.0B
Net income +10.1%/yr
FY21 ¥270M
FY22 ¥328M
FY23 ¥206M
FY24 ¥282M
FY25 ¥397M

603583 screens 11% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Zhejiang Jiecang Linear Motion Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/603583

Peer Group

Specialty Industrial Machinery · 809 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 61 · Above median
Fair Value upside −11% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth -1% · Below median
Dividend yield (TTM) 1.3% · Above median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 28.0× · Cheaper than median
P/B 2.03× · Cheaper than median
P/S (TTM) 2.37× · Pricier than median
P/FCF 22.2× · Pricier than 75% of peers
EV/EBITDA 12.7× · 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 18 · sector 0
FUTURE 0 · sector 23
PAST 29 · sector 28
HEALTH 98 · sector 96
DIVIDEND 26 · sector 24

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Zhejiang Jiecang Linear Motion Technology Co (603583) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥21.62 versus a price of ¥24.36, about −11% (overvalued).
What is the fair value of 603583?
Our model-based fair value for Zhejiang Jiecang Linear Motion Technology Co is ¥21.62 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥24.36.
What is the quality score of 603583?
Zhejiang Jiecang Linear Motion Technology Co has a Quality Score of 61/100. 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 Zhejiang Jiecang Linear Motion Technology Co (603583)?
Zhejiang Jiecang Linear Motion Technology Co reported trailing-twelve-month revenue of about 4.0B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 603583?
The net profit margin of Zhejiang Jiecang Linear Motion Technology Co is about 8.3%, meaning it keeps roughly 8.3% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Jiecang Linear Motion Technology Co pay a dividend?
Zhejiang Jiecang Linear Motion Technology Co currently shows a dividend yield of about 1.28% relative to its recent price (as of Jul 11, 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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