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Wetown Electric Group (688226) Fair Value & Analysis

Industrials · CN · Market cap 8.8B CNY

WE Wetown Electric Group 688226 · SHG
Price¥36.93
Fair Value¥3.79
Upside-89.7%
Quality27/100
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Evidence: Medium Range ¥2.07 – ¥4.86

Fair value as of: Jul 12, 2026

From 16 valuation models · updated today

Share price −14.7% over the past month.

Price vs Fair Value (12 months)

¥65.12 ¥26.14 Fair Value ¥3.79 Jun 2025 Jul 2026

12‑month range ¥26.14 – ¥65.12 · fair‑value band ¥2.07 – ¥4.86 · the ¥36.93 price screens above the ¥3.79 fair value. As of Jul 12, 2026.

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Analysis

Wetown Electric Group (688226) currently trades at ¥36.93, while our model-based Fair Value estimate is ¥3.79 — implying the stock looks roughly 89.7% overvalued today. We read business quality at 27/100 (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: medium).

Over the trailing twelve months, Wetown Electric Group generated revenue of 4.1B CNY at a net margin of 0.6%. Revenue grew 23.7% year over year. It earns a return on equity of 1.9%. Net debt stands at 906M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥2.07 (bear case) to ¥4.86 (bull case); at ¥36.93, the current price sits above that range. The share trades about 45% below its 52-week high and 44% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -46% fair-value upside — at -90%, 688226 screens richer than that median.

Key figures & financial health

Revenue (TTM) 4.1B CNY
Revenue growth (YoY) +23.7%
Net margin 0.6%
Return on equity 1.9%
Free cash flow −401M CNY FY2025
P/E ratio 343.5
More key figures
Operating margin 3.5%
EPS (TTM) ¥0.1300
EPS growth (YoY) -42.9%
Net debt 906M CNY FY2025

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

About the company

Wetown Electric Group Co., Ltd. engages in the research, development, production, and sale of electrical products in China and internationally. It provides technical consultation and technical services of high and low voltage busways and complete sets of electrical equipment; other busways, such as wind power, nuclear power, and data center busway; transformers; wire bridges; medium and low voltage switchboards; copper and aluminum bars; industrial, residential, and commercial ESS; BESS; portable power station; and photovoltaic welding strip and ribbons. It also offers intelligent electrical and electronic equipment; power supply equipment and accessories; electrical components; embedded troughs; subway tunnels and evacuation platforms; support and hanger racks, junction bridges, and power transmission; distribution and control equipment; non-ferrous metals and their by-products; engineering and technical research and experimental development; and energy storage technology …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wetown Electric Group reported revenue of ¥3.8B in FY2025 versus ¥1.3B in FY2021, a compound +32.4%/yr. Reported net income was ¥31.8M in FY2025, compounding −14.6%/yr from FY2021.

Revenue +32.4%/yr
FY21 ¥1.3B
FY22 ¥1.6B
FY23 ¥2.8B
FY24 ¥3.5B
FY25 ¥3.8B
Net income −14.6%/yr
FY21 ¥59.8M
FY22 ¥69.9M
FY23 ¥120M
FY24 ¥94.9M
FY25 ¥31.8M

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Cite: Fair Value Calculator (2026). "Wetown Electric Group Fair Value". https://www.fairvalue-calculator.com/stock/688226

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10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

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Vertiv Holdings VRT $300.51 $96.06 -68%
LG Energy Solution, Ltd 373220 362,500 KRW 201,455 KRW -44%
WEG S.A WEGE3 13,210 ARS 7,316 ARS -45%
Sungrow Power Supply Co 300274 ¥163.46 ¥123.83 -24%
Samsung SDI Co 006400 533,000 KRW 832,688 KRW +56%
Shenzhen Inovance Technology Co 300124 ¥75.08 ¥40.60 -46%
HD Hyundai Electric Co 267260 956,000 KRW 463,865 KRW -51%

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Frequently asked questions

Is Wetown Electric Group (688226) undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥3.79 versus a price of ¥36.93 — about −90% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 688226?
Our model-based fair value for Wetown Electric Group is ¥3.79 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥36.93.
What is the quality score of 688226?
Wetown Electric Group has a Quality Score of 27/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Wetown Electric Group (688226)?
Wetown Electric Group reported trailing-twelve-month revenue of about 4.1B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688226?
The net profit margin of Wetown Electric Group is about 0.6%, meaning it keeps roughly 0.6% of revenue as net income. Based on the latest reported figures.

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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.