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Changzhou Kaidi Electrical Inc (605288) Fair Value & Analysis

Industrials · CN · Market cap 5.8B CNY

CK Changzhou Kaidi Electrical Inc 605288 · SHG
Price¥57.63
Fair Value¥12.89
Upside-77.6%
Quality38/100
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Weak Growth
Thin margins · 2.6% net margin
negative free cash flow
0.89% dividend yield
Trails peers (0/12)
Narrow moat 28/100
Evidence: High Range ¥9.67 – ¥16.00 Share as image

Fair value as of: Aug 11, 2026

From 17 valuation models · updated today

Share price −20.8% 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 (¥16.00). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

¥143.50 ¥27.34 Fair Value ¥12.89 Mar 2021 Aug 2026

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

How to read this chart

60‑month range ¥27.34 – ¥143.50 · fair‑value band ¥9.67 – ¥16.00 · the ¥57.63 price screens above the ¥12.89 fair value. Dashed = 300-day average. As of Aug 11, 2026.

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Analysis

Changzhou Kaidi Electrical Inc (605288) currently trades at ¥57.63, while our model-based Fair Value estimate is ¥12.89, implying the stock looks roughly 77.6% overvalued today. The Quality Score stands at 38/100 (below-average 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, Changzhou Kaidi Electrical Inc generated revenue of 1.4B CNY at a net margin of 2.6%. Revenue grew 9.3% year over year. It earns a return on equity of 1.6%. The balance sheet holds a net cash position of 660M CNY. Fundamentals as of Aug 11, 2026

Our scenario range runs from ¥9.67 (bear case) to ¥16.00 (bull case); at ¥57.63, 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 61% below its 52-week high and 20% 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 -78%, 605288 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥3.67 to ¥32.07). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ¥16.12 ¥15.52 ¥12.65 76
Gordon GGM ¥2.45 ¥4.89 ¥7.40 70
Growth-Adj P/E ¥7.84 ¥11.20 ¥14.57 68
All 17 models by family
DCF Models
Owner Earnings ¥14.42 ¥16.69 ¥19.95 31
Earnings-Based
Graham-Dodd ¥4.18 ¥12.27 ¥16.23 54
Lynch FV ¥2.57 ¥3.67 ¥4.77 50
PEG = 1.0 ¥2.57 ¥3.67 ¥4.77 46
EPV ¥15.03 ¥15.84 ¥16.54 59
Dividend Discount
Gordon GGM ¥2.45 ¥4.89 ¥7.40 70
DDM Multi-Stage ¥2.45 ¥3.89 ¥5.16 61
Multiples
P/E Multiple ¥9.67 ¥12.89 ¥16.12 63
P/S Multiple ¥7.83 ¥10.44 ¥13.05 58
P/B Multiple ¥7.83 ¥10.44 ¥13.05 55
EV/EBIT ¥19.18 ¥22.28 ¥25.38 53
EV/EBITDA ¥26.52 ¥32.07 ¥37.62 54
EV/Revenue ¥16.51 ¥19.36 ¥22.20 43
Asset-Based
NCAV (Graham) ¥11.37 ¥15.23 ¥22.74 50
Economic Profit
Residual Income ¥16.12 ¥15.52 ¥12.65 76
ROIC Compounder ¥15.03 ¥15.84 ¥16.54 67
Growth Earnings
Growth-Adj P/E ¥7.84 ¥11.20 ¥14.57 68

Widest divergence: DCF Models (¥16.69) versus Earnings-Based (¥3.67). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.4B CNY
Revenue growth (YoY) +9.3%
Net margin 2.6%
Return on equity 1.6%
Free cash flow −87.5M CNY FY2025
P/E ratio 162.3
More key figures
Operating margin 4.5%
EPS (TTM) ¥0.3600
Dividend yield 0.9%
EPS growth (YoY) +103%
Net cash 660M CNY FY2024

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 41 · Market factors (momentum, volatility) 28

Profitability 25
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 0
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 Kaidi Electrical Inc., together with its subsidiaries, engages in the research and development, production, marketing, and sale of linear drive systems in China and internationally. It offers linear drive system products, including electric push rods, manual controllers, electrical boxes, and other supporting components.

Full company description

Changzhou Kaidi Electrical Inc., together with its subsidiaries, engages in the research and development, production, marketing, and sale of linear drive systems in China and internationally. It offers linear drive system products, including electric push rods, manual controllers, electrical boxes, and other supporting components. The company also provides functional sofa products, such as control box and iron frame; intelligent lifting table products comprising table push and stand, frame, and footboard; electric home and medical care beds; and photovoltaic push rods. Its products are used in the smart homes and offices, medical care, automobiles, industrial energy, and other applications. The company was founded in 1992 and is headquartered in Changzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Changzhou Kaidi Electrical Inc reported revenue of ¥1.3B in FY2025 versus ¥1.7B in FY2021, a compound −6.0%/yr. Reported net income was ¥60.8M in FY2025, compounding −15.0%/yr from FY2021.

Growth Quality 27/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.3B CNY
Latest YoY
+0.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.0%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.9%
Revenue −6.0%/yr
FY21 ¥1.7B
FY22 ¥1.2B
FY23 ¥1.2B
FY24 ¥1.3B
FY25 ¥1.3B
Net income −15.0%/yr
FY21 ¥117M
FY22 ¥48.6M
FY23 ¥108M
FY24 ¥86.7M
FY25 ¥60.8M

605288 screens 78% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Changzhou Kaidi Electrical Inc Fair Value". https://www.fairvalue-calculator.com/stock/605288

Peer Group

Electrical Equipment & Parts · 530 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 38 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 9% · Below median
Dividend yield (TTM) 0.9% · Below median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 162.3× · Pricier than 75% of peers
P/B 2.57× · Pricier than median
P/S (TTM) 4.24× · Pricier than 75% of peers
EV/EBITDA 33.4× · Pricier 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 47 · sector 57
PAST 6 · sector 26
HEALTH 0 · sector 97
DIVIDEND 18 · sector 19

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 11, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Changzhou Kaidi Electrical Inc (605288) overvalued or undervalued?
As of Aug 11, 2026, our model estimates a fair value of ¥12.89 versus a price of ¥57.63, about −78% (overvalued).
What is the fair value of 605288?
Our model-based fair value for Changzhou Kaidi Electrical Inc is ¥12.89 (as of Aug 11, 2026), built from audited fundamentals. The current price is ¥57.63.
What is the quality score of 605288?
Changzhou Kaidi Electrical Inc has a Quality Score of 38/100. 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 Kaidi Electrical Inc (605288)?
Changzhou Kaidi Electrical Inc reported trailing-twelve-month revenue of about 1.4B CNY (latest available figure, as of Aug 11, 2026).
What is the net profit margin of 605288?
The net profit margin of Changzhou Kaidi Electrical Inc is about 2.6%, meaning it keeps roughly 2.6% of revenue as net income. Based on the latest reported figures.
Does Changzhou Kaidi Electrical Inc pay a dividend?
Changzhou Kaidi Electrical Inc currently shows a dividend yield of about 1.16% relative to its recent price (as of Aug 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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