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Beijing InHand Networks Technology Co (688080) Fair Value & Analysis

Technology · CN · Market cap 3.1B CNY

BI Beijing InHand Networks Technology Co 688080 · SHG
Price¥36.75
Fair Value¥40.81
Upside+11.1%
Quality76/100
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Healthy Growth
Solidly profitable · 17.9% net margin
generates free cash flow
0.27% dividend yield
Mixed vs. peers (6/13)
Moderate moat 61/100
Evidence: High Range ¥30.61 – ¥55.58 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price −3.4% over the past month.

A strong business, screening 11% undervalued on our models.

What matters now

  • A fairly wide model range (¥30.61 to ¥55.58) leaves room in how you read the outcome.
  • Our model range runs from ¥30.61 (bear) to ¥55.58 (bull), base ¥40.81. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 76/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥69.13 ¥22.35 Fair Value ¥40.81 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 ¥22.35 – ¥69.13 · fair‑value band ¥30.61 – ¥55.58 · the ¥36.75 price screens below the ¥40.81 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Beijing InHand Networks Technology Co (688080) currently trades at ¥36.75, while our model-based Fair Value estimate is ¥40.81, implying the stock looks roughly 11.1% undervalued today. The Quality Score stands at 76/100 (high quality), in the Technology 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.

Over the trailing twelve months, Beijing InHand Networks Technology Co generated revenue of 762M CNY at a net margin of 17.9%. Revenue declined 10.1% year over year. It earns a return on equity of 12.2%. The balance sheet holds a net cash position of 822M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥30.61 (bear case) to ¥55.58 (bull case); at ¥36.75, 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 47% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 11%, 688080 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 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 ¥14.75 ¥18.10 ¥44.78 76
Growth DCF ¥39.73 ¥61.39 ¥103.78 72
Gordon GGM ¥1.27 ¥2.53 ¥3.83 70
All 26 models by family
DCF Models
FCF DCF ¥41.49 ¥57.09 ¥105.74 38
Owner Earnings ¥42.76 ¥79.48 ¥153.74 31
5Y Revenue Exit ¥34.95 ¥51.84 ¥86.11 39
5Y EBITDA Exit ¥38.97 ¥60.18 ¥100.59 41
5Y P/E Exit ¥42.73 ¥78.39 ¥125.97 38
10Y Revenue Exit ¥36.10 ¥61.65 ¥82.42 36
10Y EBITDA Exit ¥39.70 ¥69.71 ¥125.28 37
10Y P/E Exit ¥42.35 ¥77.25 ¥138.81 35
Earnings-Based
Graham-Dodd ¥13.88 ¥96.76 ¥135.79 54
Lynch FV ¥33.05 ¥47.22 ¥61.38 50
PEG = 1.0 ¥33.05 ¥47.22 ¥61.38 46
EPV ¥31.12 ¥34.05 ¥36.57 59
Dividend Discount
Gordon GGM ¥1.27 ¥2.53 ¥3.83 70
DDM Multi-Stage ¥1.27 ¥2.18 ¥2.67 61
Multiples
P/E Multiple ¥30.61 ¥40.81 ¥51.01 63
P/S Multiple ¥19.78 ¥26.38 ¥32.97 58
P/B Multiple ¥26.02 ¥34.69 ¥43.36 55
EV/EBIT ¥45.35 ¥56.27 ¥67.20 53
EV/EBITDA ¥37.95 ¥46.41 ¥54.87 54
EV/Revenue ¥31.04 ¥38.95 ¥46.87 43
Asset-Based
NCAV (Graham) ¥7.93 ¥10.63 ¥15.87 50
Growth DCF
Growth DCF ¥39.73 ¥61.39 ¥103.78 72
Rev-Margin DCF ¥34.95 ¥57.49 ¥92.84 67
Economic Profit
Residual Income ¥14.75 ¥18.10 ¥44.78 76
ROIC Compounder ¥34.04 ¥41.04 ¥49.72 67
Growth Earnings
Growth-Adj P/E ¥42.50 ¥60.71 ¥78.92 68

Widest divergence: DCF Models (¥61.65) versus Dividend Discount (¥2.18). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 762M CNY
Revenue growth (YoY) -10.1%
Net margin 17.9%
Return on equity 12.2%
Free cash flow 134M CNY FY2025
P/E ratio 22.6
More key figures
Operating margin 17.3%
EPS (TTM) ¥1.84
Dividend yield 0.3%
EPS growth (YoY) -58.2%
Net cash 822M CNY FY2024

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

Quality Score breakdown

Overall quality 76/100

Of which business quality 76 · Market factors (momentum, volatility) 22

Profitability 67
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

Beijing InHand Networks Technology Co., Ltd. engages in research, development, and application of industrial Internet of Things (IoT) technology. The company provides industrial Internet of Things products, enterprise network products, digital distribution network products, smart vending control system products, and other products.

Full company description

Beijing InHand Networks Technology Co., Ltd. engages in research, development, and application of industrial Internet of Things (IoT) technology. The company provides industrial Internet of Things products, enterprise network products, digital distribution network products, smart vending control system products, and other products. It also offers cloud manager, edge routers, enterprise wireless AP, 5G outdoor unit, and series enterprise switch; cellular router and portable cellular router; cellular modems; iSCADA cloud service; DeviceLive cloud, edge computers, standard edge computers, edge gateways, industrial routers, industrial ethernet switches; and power distribution overhead line monitoring system and xenergy real-time energy management solution. In addition, the company provides AI vending cooler system and smart merchandiser system, as well as vehicle gateway and inconnect remote access services. It offers IoT solutions for business networking, industrial IoT, digital energy, smart commerce, and mobility sectors. The company was founded in 2001 and is based in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Beijing InHand Networks Technology Co reported revenue of ¥777M in FY2025 versus ¥450M in FY2021, a compound +14.7%/yr. Reported net income was ¥150M in FY2025, compounding +9.4%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
777M CNY
Latest YoY
+27.1%
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.
+26.2%
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.
+20.1%
Avg. growth/yr (14Y) 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.
+24.3%
Revenue +14.7%/yr
FY21 ¥450M
FY22 ¥387M
FY23 ¥493M
FY24 ¥612M
FY25 ¥777M
Net income +9.4%/yr
FY21 ¥105M
FY22 ¥70.3M
FY23 ¥94.0M
FY24 ¥130M
FY25 ¥150M
Character of growth · EPS growth decomposed (2015-2025) +13.8 % p.a.
Revenue per share +10.7 pp

of which total revenue +21.6 pp · buybacks/dilution −10.9 pp

EBIT margin +7.9 pp
Tax rate −0.5 pp
Residual (interest, one-offs) −4.4 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).

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Cite: Fair Value Calculator (2026). "Beijing InHand Networks Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688080

Peer Group

Information Technology Services · 475 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 76 · Top 25%
Fair Value upside +11% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 0.3% · Below median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 22.6× · Pricier than median
P/B 2.63× · Pricier than median
P/S (TTM) 4.03× · Pricier than 75% of peers
P/FCF 3.4× · Pricier than median
EV/EBITDA 13.2× · 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 48 · sector 21
FUTURE 0 · sector 31
PAST 49 · sector 37
HEALTH 0 · sector 97
DIVIDEND 5 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Beijing InHand Networks Technology Co (688080) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥40.81 versus a price of ¥36.75, about +11% (undervalued).
What is the fair value of 688080?
Our model-based fair value for Beijing InHand Networks Technology Co is ¥40.81 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥36.75.
What is the quality score of 688080?
Beijing InHand Networks Technology Co has a Quality Score of 76/100. 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 Beijing InHand Networks Technology Co (688080)?
Beijing InHand Networks Technology Co reported trailing-twelve-month revenue of about 762M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688080?
The net profit margin of Beijing InHand Networks Technology Co is about 17.9%, meaning it keeps roughly 17.9% of revenue as net income. Based on the latest reported figures.
Does Beijing InHand Networks Technology Co pay a dividend?
Beijing InHand Networks Technology Co currently shows a dividend yield of about 0.27% 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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