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Willfar Information Technology Co (688100) Fair Value & Analysis

Industrials · CN · Market cap 15.3B CNY

WI Willfar Information Technology Co 688100 · SHG
Price¥30.15
Fair Value¥21.60
Upside-28.4%
Quality67/100
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Mixed Growth
Highly profitable · 22.9% net margin
generates free cash flow
1.80% dividend yield
Ranks above peers (8/13)
Wide moat 77/100
Evidence: High Range ¥14.82 – ¥35.83 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price +6.9% over the past month.

A solid business, but screening 28% overvalued on our models.

What matters now

  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥14.82 to ¥35.83) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥50.30 ¥16.27 Fair Value ¥21.60 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 ¥16.27 – ¥50.30 · fair‑value band ¥14.82 – ¥35.83 · the ¥30.15 price screens above the ¥21.60 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Willfar Information Technology Co (688100) currently trades at ¥30.15, while our model-based Fair Value estimate is ¥21.60, implying the stock looks roughly 28.4% overvalued today. The Quality Score stands at 67/100 (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, Willfar Information Technology Co generated revenue of 3.0B CNY at a net margin of 22.9%. Revenue declined 4.2% year over year. It earns a return on equity of 20.2%. The balance sheet holds a net cash position of 880M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥14.82 (bear case) to ¥35.83 (bull case); at ¥30.15, 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 38% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -28%, 688100 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
Residual Income ¥8.70 ¥10.93 ¥30.85 76
Growth DCF ¥11.25 ¥18.01 ¥29.90 72
Gordon GGM ¥7.03 ¥14.62 ¥23.19 70
All 26 models by family
DCF Models
FCF DCF ¥11.39 ¥19.02 ¥32.97 38
Owner Earnings ¥16.44 ¥28.73 ¥51.22 31
5Y Revenue Exit ¥13.00 ¥21.88 ¥34.38 39
5Y EBITDA Exit ¥15.21 ¥26.61 ¥41.46 41
5Y P/E Exit ¥18.84 ¥34.38 ¥52.94 38
10Y Revenue Exit ¥12.04 ¥20.43 ¥34.19 36
10Y EBITDA Exit ¥13.90 ¥23.97 ¥40.34 37
10Y P/E Exit ¥16.35 ¥29.79 ¥50.31 35
Earnings-Based
Graham-Dodd ¥9.21 ¥48.41 ¥67.00 54
Lynch FV ¥13.30 ¥19.00 ¥24.70 50
PEG = 1.0 ¥13.30 ¥19.00 ¥24.70 46
EPV ¥14.55 ¥16.45 ¥18.12 59
Dividend Discount
Gordon GGM ¥7.03 ¥14.62 ¥23.19 70
DDM Multi-Stage ¥7.03 ¥12.32 ¥15.34 61
Multiples
P/E Multiple ¥20.33 ¥27.10 ¥33.88 63
P/S Multiple ¥11.30 ¥15.06 ¥18.83 58
P/B Multiple ¥16.20 ¥21.60 ¥27.00 55
EV/EBIT ¥22.40 ¥28.82 ¥35.24 53
EV/EBITDA ¥17.85 ¥22.76 ¥27.66 54
EV/Revenue ¥13.69 ¥18.20 ¥22.72 43
Asset-Based
NCAV (Graham) ¥3.60 ¥4.82 ¥7.20 50
Growth DCF
Growth DCF ¥11.25 ¥18.01 ¥29.90 72
Rev-Margin DCF ¥13.00 ¥21.51 ¥32.97 67
Economic Profit
Residual Income ¥8.70 ¥10.93 ¥30.85 76
ROIC Compounder ¥16.26 ¥20.74 ¥26.41 67
Growth Earnings
Growth-Adj P/E ¥19.29 ¥27.56 ¥35.83 68

Widest divergence: Growth Earnings (¥27.56) versus Asset-Based (¥4.82). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 3.0B CNY
Revenue growth (YoY) -4.2%
Net margin 22.9%
Return on equity 20.2%
Free cash flow 299M CNY FY2025
P/E ratio 22.6
More key figures
Operating margin 28.6%
EPS (TTM) ¥1.38
Dividend yield 1.8%
EPS growth (YoY) +7.1%
Net cash 880M CNY FY2025

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 64 · Market factors (momentum, volatility) 33

Profitability 60
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Willfar Information Technology Co., Ltd. provides smart utility services and IoT solutions in China and internationally. The company offers EV charging station, power monitoring, data concentrator unit, integrated power solutions, communication module, energy efficient management, head-end system, smart vending solutions, and intelligent street lighting.

Full company description

Willfar Information Technology Co., Ltd. provides smart utility services and IoT solutions in China and internationally. The company offers EV charging station, power monitoring, data concentrator unit, integrated power solutions, communication module, energy efficient management, head-end system, smart vending solutions, and intelligent street lighting. It also provides electricity, water, gas, and heat metering products; meters for power distribution; power quality monitoring equipment; energy data concentrators, relay protection equipment, switchgear products, and equipment related to metering automation system; and various application systems, as well as services, which cover the demand of the whole process of energy production, distribution, transmission, and consumption. Willfar Information Technology Co., Ltd. was founded in 2004 and is based in Changsha, China. Willfar Information Technology Co., Ltd. is a subsidiary of Wasion Holdings Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Willfar Information Technology Co reported revenue of ¥3.0B in FY2025 versus ¥1.8B in FY2021, a compound +12.9%/yr. Reported net income was ¥666M in FY2025, compounding +18.2%/yr from FY2021.

Growth Quality 91/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.0B CNY
Latest YoY
+7.9%
Avg. growth/yr (3Y)
+13.9%
Avg. growth/yr (5Y)
+15.4%
Avg. growth/yr (9Y)
+17.8%
Revenue +12.9%/yr
FY21 ¥1.8B
FY22 ¥2.0B
FY23 ¥2.2B
FY24 ¥2.7B
FY25 ¥3.0B
Net income +18.2%/yr
FY21 ¥341M
FY22 ¥400M
FY23 ¥525M
FY24 ¥631M
FY25 ¥666M

688100 screens 28% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Willfar Information Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688100

Peer Group

Electrical Equipment & Parts · 528 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 67 · Top 25%
Fair Value upside −28% · Above median
Return on equity (TTM) 20% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth -4% · Bottom 25%
Dividend yield (TTM) 1.8% · Above median

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

P/E (TTM) 22.6× · Cheaper than median
P/B 4.33× · Pricier than median
P/S (TTM) 5.18× · Pricier than 75% of peers
P/FCF 7.6× · Pricier than median
EV/EBITDA 19.0× · 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 0 · sector 0
FUTURE 0 · sector 57
PAST 81 · sector 26
HEALTH 0 · sector 97
DIVIDEND 36 · sector 18

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 Jul 12, 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 Willfar Information Technology Co (688100) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥21.60 versus a price of ¥30.15, about −28% (overvalued).
What is the fair value of 688100?
Our model-based fair value for Willfar Information Technology Co is ¥21.60 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥30.15.
What is the quality score of 688100?
Willfar Information Technology Co has a Quality Score of 67/100. 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 Willfar Information Technology Co (688100)?
Willfar Information Technology Co reported trailing-twelve-month revenue of about 3.0B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688100?
The net profit margin of Willfar Information Technology Co is about 22.9%, meaning it keeps roughly 22.9% of revenue as net income. Based on the latest reported figures.
Does Willfar Information Technology Co pay a dividend?
Willfar Information Technology Co currently shows a dividend yield of about 1.80% 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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