Shenzhen Neoway Technology Co (688159) Fair Value & Analysis
Technology · CN · Market cap 3.1B CNY
Fair value as of: Aug 12, 2026
From 26 valuation models · updated today
Fair value updated Aug 12, 2026, revised from ¥6.92 to ¥6.67 (−3.6%) since Jul 12, 2026. Share price −13.6% over the past month.
Below-average quality, and screening another 80% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥7.37). The favourable scenario is already priced in.
- Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
- The models converge in a tight band (¥6.67 to ¥7.37), unusually little disagreement for a valuation.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 12, 2026.
How to read this chart
60‑month range ¥14.53 – ¥82.59 · fair‑value band ¥6.67 – ¥7.37 · the ¥32.98 price screens above the ¥6.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 12, 2026.
Analysis
Shenzhen Neoway Technology Co (688159) currently trades at ¥32.98, while our model-based Fair Value estimate is ¥6.67, implying the stock looks roughly 79.8% overvalued today. The Quality Score stands at 47/100 (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, Shenzhen Neoway Technology Co generated revenue of 2.0B CNY at a net margin of 1.9%. Revenue declined 48.1% year over year. It earns a return on equity of 4.0%. Net debt stands at 167M CNY. Fundamentals as of Aug 12, 2026
Our scenario range runs from ¥6.67 (bear case) to ¥7.37 (bull case); at ¥32.98, 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, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -80%, 688159 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 26 models by family
Widest divergence: Growth DCF (¥18.19) versus Multiples (¥5.90). Highest evidence: Growth DCF (80).
Notify me when 688159 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 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 11
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
Shenzhen Neoway Technology Co.,Ltd. engages in the research and development, production, and sale of IoT wireless communication modules, IoT wireless communication terminals, IoT wireless communication solutions and cloud products in China.
Full company description
Shenzhen Neoway Technology Co.,Ltd. engages in the research and development, production, and sale of IoT wireless communication modules, IoT wireless communication terminals, IoT wireless communication solutions and cloud products in China. It offers G/3G/4G/5G/NB-IoT/eMTC cellular modules for use in smart energy, IoV, smart manufacturing, commercial retail, smart city, and other industries; Fleet Management, Wi-Fi Hotspot, Usage-based Insurance, and Vehicle Finance wireless device solutions. The company also provides wireless communication terminals, such as 4G smart OBD, emergency lights and other terminals, and urban IoT perception terminals, as well as abnormality monitors, environmental monitors, general collectors, and IoT gateways; Neopipe cloud application software platform; and Neoaccess Cloud, an access service platform. Shenzhen Neoway Technology Co.,Ltd. was founded in 2006 and is headquartered in Shenzhen, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shenzhen Neoway Technology Co reported revenue of ¥2.4B in FY2025 versus ¥1.0B in FY2021, a compound +23.8%/yr. Reported net income was ¥27.3M in FY2025.
688159 screens 80% overvalued. Compare with Cisco Systems, Inc →
Peer Group
Communication Equipment · 289 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 Communication Equipment 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 Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Cisco Systems, Inc CSCO | $119.25 | $43.05 | -64% |
| Zhongji Innolight Co 300308 | ¥1,094 | ¥171.09 | -84% |
| Foxconn Industrial Internet Co 601138 | ¥56.50 | ¥28.65 | -49% |
| Eoptolink Technology Inc 300502 | ¥482.88 | ¥155.05 | -68% |
| Nokia Oyj NOK | $11.25 | $2.67 | -76% |
| Motorola Solutions, Inc MSI | $413.31 | $190.43 | -54% |
| Suzhou TFC Optical Communication Co 300394 | ¥244.13 | ¥32.04 | -87% |
| Telefonaktiebolaget LM Ericsson (publ), ERIC | $11.72 | $15.96 | +36% |
| Accton Technology Corporation 2345 | 2,090 TWD | 846.28 TWD | -60% |
| ZTE Corporation 000063 | ¥40.00 | ¥15.75 | -61% |
Compare Shenzhen Neoway 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 Shenzhen Neoway Technology Co (688159) overvalued or undervalued?
What is the fair value of 688159?
What is the quality score of 688159?
What is the revenue of Shenzhen Neoway Technology Co (688159)?
What is the net profit margin of 688159?
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 Shenzhen Neoway 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.