Fujian Raynen Technology Co (603933) Fair Value & Analysis
Technology · CN · Market cap 4.1B CNY
Fair value as of: Aug 13, 2026
From 16 valuation models · updated today
Fair value updated Aug 13, 2026, revised from ¥3.37 to ¥4.45 (+32.0%) since Aug 11, 2026. Share price −10.4% over the past month.
Below-average quality, and screening another 78% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥5.18). The favourable scenario is already priced in.
- Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ¥7.80 – ¥31.55 · fair‑value band ¥3.54 – ¥5.18 · the ¥20.61 price screens above the ¥4.45 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Fujian Raynen Technology Co (603933) currently trades at ¥20.61, while our model-based Fair Value estimate is ¥4.45, implying the stock looks roughly 78.4% overvalued today. The Quality Score stands at 49/100 (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, Fujian Raynen Technology Co generated revenue of 2.4B CNY at a net margin of 2.4%. Revenue grew 30.5% year over year. It earns a return on equity of 4.4%. Net debt stands at 409M CNY. Fundamentals as of Aug 13, 2026
Our scenario range runs from ¥3.54 (bear case) to ¥5.18 (bull case); at ¥20.61, 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 37% below its 52-week high and 42% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -78%, 603933 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.
All 16 models by family
Widest divergence: Multiples (¥4.71) versus Earnings-Based (¥0.9900). Highest evidence: Residual Income (76).
Notify me when 603933 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 47 · Market factors (momentum, volatility) 44
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
Fujian Raynen Technology Co., Ltd. engages in the IC distribution business in China and internationally. It also researches and develops, produces, and sells industrial automation products.
Full company description
Fujian Raynen Technology Co., Ltd. engages in the IC distribution business in China and internationally. It also researches and develops, produces, and sells industrial automation products. The company's products include flat knitting machine electronic control, sock machine electronic control, glove machine electronic control, twining machine electrical control system, and process plate making software system; embroidery machine electronic control and special industrial sewing machine electronic control products; programmable logic controller, human machine interface, AC servo system, frequency converter, and soft starter products; and cloud, internet of things, and smart factory products. Its products are used in machine tool processing, precision manufacturing, packaging printing, textiles and apparel, logistics and transportation, industrial robots, and engineering projects. The company was formerly known as Fujian Raynen Electronics Co., Ltd. and changed its name to Fujian Raynen Technology Co., Ltd. in 2013. The company was founded in 2007 and is headquartered in Fuzhou, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Fujian Raynen Technology Co reported revenue of ¥2.2B in FY2025 versus ¥2.1B in FY2021, a compound +1.7%/yr. Reported net income was ¥34.9M in FY2025, compounding −20.1%/yr from FY2021.
of which total revenue +6.6 pp · buybacks/dilution −4.3 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
603933 screens 78% overvalued. Compare with Dell Technologies Inc →
Peer Group
Computer Hardware · 224 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.
Valuation Multiples vs Computer Hardware median · lower = cheaper
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: 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.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Dell Technologies Inc DELL | $484.50 | $187.75 | -61% |
| Arista Networks, Inc ANET | $210.50 | $57.72 | -73% |
| Western Digital Corporation WDC | $454.10 | $90.94 | -80% |
| Hygon Information Technology Co 688041 | ¥287.66 | ¥30.66 | -89% |
| Hangzhou Hikvision Digital Technology Co 002415 | ¥36.47 | ¥40.44 | +11% |
| Shenzhen Longsys Electronics Co 301308 | ¥414.30 | ¥91.67 | -78% |
| Lenovo Group 0992 | HK$29.04 | HK$4.30 | -85% |
| Dawning Information Industry Co 603019 | ¥86.42 | ¥39.38 | -54% |
| Inspur Electronic Information Industry Co 000977 | ¥75.02 | ¥44.02 | -41% |
| Lite-On Technology Corporation 2301 | 269.50 TWD | 121.96 TWD | -55% |
Compare Fujian Raynen Technology Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Fujian Raynen Technology Co (603933) overvalued or undervalued?
What is the fair value of 603933?
What is the quality score of 603933?
What is the revenue of Fujian Raynen Technology Co (603933)?
What is the net profit margin of 603933?
Does Fujian Raynen Technology Co pay a dividend?
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.
Track Fujian Raynen Technology 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.