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Changzhou Aohong Electronics Co (605058) Fair Value & Analysis

Technology · CN · Market cap 5.3B CNY

CA Changzhou Aohong Electronics Co 605058 · SHG
Price¥27.09
Fair Value¥21.33
Upside-21.3%
Quality56/100
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Expensive Growth
Solidly profitable · 10.9% net margin
Low debt · generates free cash flow
1.38% dividend yield
Mixed vs. peers (7/14)
Moderate moat 49/100
Evidence: High Range ¥15.64 – ¥26.67 Share as image

Fair value as of: Jul 12, 2026

From 25 valuation models · updated 29 days ago

Share price −6.1% over the past month.

A solid business, but screening 21% overvalued on our models.

What matters now

  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from ¥15.64 (bear) to ¥26.67 (bull), base ¥21.33. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 56/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥41.61 ¥12.17 Fair Value ¥21.33 Feb 2021 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

60‑month range ¥12.17 – ¥41.61 · fair‑value band ¥15.64 – ¥26.67 · the ¥27.09 price screens above the ¥21.33 fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Changzhou Aohong Electronics Co (605058) currently trades at ¥27.09, while our model-based Fair Value estimate is ¥21.33, implying the stock looks roughly 21.3% overvalued today. The Quality Score stands at 56/100 (solid 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, Changzhou Aohong Electronics Co generated revenue of 1.4B CNY at a net margin of 10.9%. Revenue grew 6.1% year over year. It earns a return on equity of 8.3%. The balance sheet holds a net cash position of 662M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥15.64 (bear case) to ¥26.67 (bull case); at ¥27.09, 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 35% below its 52-week high and 13% 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 -21%, 605058 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 ¥13.65 ¥18.71 ¥25.68 80
Residual Income ¥10.60 ¥11.40 ¥12.85 76
Rev-Margin DCF ¥12.96 ¥19.03 ¥26.05 74
All 25 models by family
DCF Models
FCF DCF ¥13.51 ¥19.28 ¥27.77 38
5Y Revenue Exit ¥12.96 ¥19.01 ¥26.72 39
5Y EBITDA Exit ¥15.72 ¥24.19 ¥34.10 41
5Y P/E Exit ¥15.70 ¥24.17 ¥33.07 38
10Y Revenue Exit ¥12.75 ¥18.25 ¥25.62 36
10Y EBITDA Exit ¥14.78 ¥21.78 ¥31.15 37
10Y P/E Exit ¥14.77 ¥21.76 ¥30.38 35
Earnings-Based
Graham-Dodd ¥7.25 ¥23.03 ¥30.69 54
Lynch FV ¥5.07 ¥7.24 ¥9.42 50
PEG = 1.0 ¥5.07 ¥7.24 ¥9.42 46
EPV ¥12.08 ¥13.56 ¥14.83 59
Dividend Discount
Gordon GGM ¥5.36 ¥10.68 ¥16.18 70
DDM Multi-Stage ¥5.36 ¥8.79 ¥11.28 61
Multiples
P/E Multiple ¥16.00 ¥21.33 ¥26.67 63
P/S Multiple ¥13.60 ¥18.13 ¥22.67 58
P/B Multiple ¥13.60 ¥18.13 ¥22.67 55
EV/EBIT ¥18.17 ¥23.33 ¥28.48 53
EV/EBITDA ¥18.72 ¥24.07 ¥29.41 54
EV/Revenue ¥13.13 ¥17.60 ¥22.06 43
Asset-Based
NCAV (Graham) ¥6.35 ¥8.51 ¥12.71 50
Growth DCF
Growth DCF ¥13.65 ¥18.71 ¥25.68 80
Rev-Margin DCF ¥12.96 ¥19.03 ¥26.05 74
Economic Profit
Residual Income ¥10.60 ¥11.40 ¥12.85 76
ROIC Compounder ¥12.08 ¥14.05 ¥16.82 72
Growth Earnings
Growth-Adj P/E ¥13.39 ¥19.13 ¥24.87 68

Widest divergence: DCF Models (¥21.76) versus Earnings-Based (¥7.24). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.4B CNY
Revenue growth (YoY) +6.1%
Net margin 10.9%
Return on equity 8.3%
Free cash flow 142M CNY FY2025
P/E ratio 39.7
More key figures
Operating margin 16.6%
EPS (TTM) ¥0.9300
Dividend yield 1.4%
EPS growth (YoY) -11.5%
Net cash 662M CNY FY2024

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 58 · Market factors (momentum, volatility) 39

Profitability 33
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 82
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

Changzhou Aohong Electronics Co., Ltd. researches, develops, produces, and sells printed circuit boards (PCBs) in China. The company offers include single-sided, double-sided, multi-layer, and metal-based PCBs; OSP printed boards; immersion gold/ENIG; HASL; carbon PCB; and composite substrate printed circuit board, as well as HDI boards.

Full company description

Changzhou Aohong Electronics Co., Ltd. researches, develops, produces, and sells printed circuit boards (PCBs) in China. The company offers include single-sided, double-sided, multi-layer, and metal-based PCBs; OSP printed boards; immersion gold/ENIG; HASL; carbon PCB; and composite substrate printed circuit board, as well as HDI boards. Its products have applications in smart home, automotive electronics, new energy/power supply, consumer and office products, communications/security/other, and industrial control/medical/ems fields. The company also exports its products. Changzhou Aohong Electronics Co., Ltd. was founded in 2005 and is based in Changzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Changzhou Aohong Electronics Co reported revenue of ¥1.3B in FY2025 versus ¥1.1B in FY2021, a compound +5.9%/yr. Reported net income was ¥152M in FY2025, compounding +1.7%/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)
1.3B CNY
Latest YoY
+4.3%
Avg. growth/yr (3Y)
+6.2%
Avg. growth/yr (5Y)
+8.8%
Avg. growth/yr (9Y)
+9.4%
Revenue +5.9%/yr
FY21 ¥1.1B
FY22 ¥1.1B
FY23 ¥1.1B
FY24 ¥1.3B
FY25 ¥1.3B
Net income +1.7%/yr
FY21 ¥143M
FY22 ¥133M
FY23 ¥133M
FY24 ¥141M
FY25 ¥152M

605058 screens 21% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Changzhou Aohong Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/605058

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 56 · Above median
Fair Value upside −21% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 1.4% · Above median
Debt / equity 0.32× · Higher than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 39.7× · Pricier than median
P/B 2.91× · Pricier than median
P/S (TTM) 3.86× · Pricier than median
P/FCF 5.5× · Pricier than median
EV/EBITDA 20.3× · Pricier 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 5 · sector 0
FUTURE 31 · sector 32
PAST 33 · sector 24
HEALTH 84 · sector 95
DIVIDEND 28 · sector 25

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 12, 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 Changzhou Aohong Electronics Co (605058) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥21.33 versus a price of ¥27.09, about −21% (overvalued).
What is the fair value of 605058?
Our model-based fair value for Changzhou Aohong Electronics Co is ¥21.33 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥27.09.
What is the quality score of 605058?
Changzhou Aohong Electronics Co has a Quality Score of 56/100. 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 Changzhou Aohong Electronics Co (605058)?
Changzhou Aohong Electronics Co reported trailing-twelve-month revenue of about 1.4B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 605058?
The net profit margin of Changzhou Aohong Electronics Co is about 10.9%, meaning it keeps roughly 10.9% of revenue as net income. Based on the latest reported figures.
Does Changzhou Aohong Electronics Co pay a dividend?
Changzhou Aohong Electronics Co currently shows a dividend yield of about 1.38% 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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