Hangzhou Honghua Digital Technology Stock Company LTD (688789) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hangzhou Honghua Digital Technology Stock Company LTD stock ¥61.62, price ¥46.98, upside +31.2%, quality 55 out of 100. Rating: undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range ¥40.59 – ¥143.39 · fair‑value band ¥46.21 – ¥77.02 · the ¥46.98 price screens below the ¥61.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Hangzhou Honghua Digital Technology Stock Company LTD. engages in the research and development, production, and sale of digital printing equipment and consumables in China.
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It provides solutions for industrial digital printing, digital printing equipment for the textile and printing industries, consumables and software for inkjet printing, and automated sewing equipment. It also exports its products.
Hangzhou Honghua Digital Technology Stock Company LTD. was founded in 1992 and is headquartered in Hangzhou, China.
Stock analysis
Hangzhou Honghua Digital Technology Stock Company LTD (688789) currently trades at ¥46.98, while our model-based Fair Value estimate is ¥61.62, implying the stock looks roughly 24% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥104.20 per share, and 8 of the 16 models we run sit above the ¥46.98 price.
Bear case: the Asset-Based group reads lowest at ¥9.53, and 8 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥46.21 (bear) to ¥77.02 (bull), the price of ¥46.98 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hangzhou Honghua Digital Technology Stock Company LTD reported revenue of 2.3B CNY in FY2025 versus 943M CNY in FY2021, a compound +25.1%/yr. Reported net income was 529M CNY in FY2025, compounding +23.6%/yr from FY2021.
Key figures
Market cap 8.4B CNY (≈ $1.3B) Small · P/E ratio 21.6 · P/S ratio 3.89 · EPS (TTM) ¥2.17 · Dividend yield 1.3% · Net margin 18.0% · Return on equity 11.5% · Return on assets (EBIT) 12.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 16% 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 31%, 688789 screens cheaper than that median.
Fair Value models
Bear¥46.21Fair Value ¥61.62Bull¥77.02
Price ¥46.98 · Upside +31.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥1.34 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+27.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+26.0%
Dividend (yield on the price)1.3%
Per share before 2024divided by the spin-off factor 1.49
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.27% → 27%
2025 sits 140% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Compare Hangzhou Honghua Digital Technology Stock Company LTD with another stock
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Peer Groupⓘ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.Specialty Industrial Machinery · 814 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside+31.2% · Top 25%
Profitability
Return on equity (12 months)11.5% · Above median
Return on assets10.8% · Top 25%
Net margin (12 months)18.0% · Top 25%
Operating margin (12 months)15.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−6.6% · Bottom 25%
Dividend yield (12 months)1.3% · Below median
Balance sheet
Debt / equity0.07× · Below median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hangzhou Honghua Digital Technology Stock Company LTD Fair Value". https://www.fairvalue-calculator.com/stock/688789
Frequently asked questions
Is Hangzhou Honghua Digital Technology Stock Company LTD (688789) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of ¥61.62 versus a price of ¥46.98, about +31% upside (undervalued).
What is the fair value of 688789?
Our model-based fair value for Hangzhou Honghua Digital Technology Stock Company LTD is ¥61.62 (as of Nov 5, 2026), built from audited fundamentals. The current price: ¥46.98.
What is the quality score of 688789?
Hangzhou Honghua Digital Technology Stock Company LTD has a Quality Score of 55/100. 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 price target for Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Our model-based price target is the fair value of ¥61.62 (as of Nov 5, 2026) from 16 valuation models. Cautious scenario ¥46.21, optimistic scenario ¥77.02. It is a calculation from audited fundamentals, not an analyst target.
What is the Hangzhou Honghua Digital Technology Stock Company LTD stock forecast for 2026?
Our models put fair value at ¥61.62, about +31% upside versus a price of ¥46.98 (undervalued). Cautious scenario ¥46.21, optimistic scenario ¥77.02. The calculation is refreshed regularly with new filings.
What is the revenue of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Hangzhou Honghua Digital Technology Stock Company LTD reported trailing-twelve-month revenue of about 2.2B CNY (latest available figure, as of Nov 5, 2026).
Does Hangzhou Honghua Digital Technology Stock Company LTD pay a dividend?
Hangzhou Honghua Digital Technology Stock Company LTD currently shows a dividend yield of 1.28% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Hangzhou Honghua Digital Technology Stock Company LTD (688789) and when is the ex-dividend date?
Hangzhou Honghua Digital Technology Stock Company LTD pays a dividend of ¥0.6 per share a year, a dividend yield of 1.3%. The last ex-dividend date was Jul 3, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 27.6% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hangzhou Honghua Digital Technology Stock Company LTD it is ¥61.62 per share (as of Nov 5, 2026), against a price of ¥46.98. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Hangzhou Honghua Digital Technology Stock Company LTD stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 688789 trades below its calculated fair value: price ¥46.98, fair value ¥61.62, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 688789?
No. The price is what the market pays today (¥46.98); the fair value is what the company's own numbers justify (¥61.62). For Hangzhou Honghua Digital Technology Stock Company LTD the two are ¥14.64 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hangzhou Honghua Digital Technology Stock Company LTD worth?
The market values Hangzhou Honghua Digital Technology Stock Company LTD at about 8.4B CNY (market capitalisation, as of Nov 5, 2026). Per share that is ¥46.98; our models calculate a fair value of ¥61.62 per share.
What do the bullish and bearish scenarios say about 688789?
Our models span a range for Hangzhou Honghua Digital Technology Stock Company LTD: cautious scenario ¥46.21, base ¥61.62, optimistic ¥77.02 per share (as of Nov 5, 2026, price ¥46.98). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688789?
Hangzhou Honghua Digital Technology Stock Company LTD trades at a price-to-earnings ratio of 21.6 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥61.62 is built from several models across several years. Other multiples: P/B 2.4, P/S 3.9, EV/EBITDA 14.8.
How solid is the balance sheet of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Balance-sheet figures for Hangzhou Honghua Digital Technology Stock Company LTD (as of Nov 5, 2026): return on equity 11.5%, debt of 0.07 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 688789 from its 52-week high?
Hangzhou Honghua Digital Technology Stock Company LTD trades at ¥46.98, about 45% below its 52-week high of ¥86.14 and 16% above the low of ¥40.59 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥61.62 is for.
Which stocks are comparable to Hangzhou Honghua Digital Technology Stock Company LTD?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hangzhou Honghua Digital Technology Stock Company LTD stock attractive at the current price?
The data as of Nov 5, 2026: price ¥46.98, calculated fair value ¥61.62 (+31%), Quality Score 55/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 688789 calculated?
We run Hangzhou Honghua Digital Technology Stock Company LTD through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥61.62 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Hangzhou Honghua Digital Technology Stock Company LTD currently trades 24% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The closing price on Nov 6, 2026 was ¥46.98. Our model-based fair value is ¥61.62, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hangzhou Honghua Digital Technology Stock Company LTD right now?
Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Hangzhou Honghua Digital Technology Stock Company LTD
How large is the market capitalisation of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The market capitalisation of Hangzhou Honghua Digital Technology Stock Company LTD is 8.4B CNY (≈ $1.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The price-to-sales ratio of Hangzhou Honghua Digital Technology Stock Company LTD is 3.89 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Earnings per share at Hangzhou Honghua Digital Technology Stock Company LTD are ¥2.17 (price ÷ EPS = P/E 21.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The dividend yield of Hangzhou Honghua Digital Technology Stock Company LTD is 1.3% (payout 27.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The net margin of Hangzhou Honghua Digital Technology Stock Company LTD is 18.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The return on equity (ROE) of Hangzhou Honghua Digital Technology Stock Company LTD is 11.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
On an EBIT basis the return on assets of Hangzhou Honghua Digital Technology Stock Company LTD is 12.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
The operating margin of Hangzhou Honghua Digital Technology Stock Company LTD is 15.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Revenue at Hangzhou Honghua Digital Technology Stock Company LTD is growing −6.6% versus a year earlier (3y avg +37.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hangzhou Honghua Digital Technology Stock Company LTD (688789)?
Earnings per share at Hangzhou Honghua Digital Technology Stock Company LTD are growing −51.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hangzhou Honghua Digital Technology Stock Company LTD (688789) generate?
The free cash flow of Hangzhou Honghua Digital Technology Stock Company LTD is −88.7M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Hangzhou Honghua Digital Technology Stock Company LTD (688789) hold?
Hangzhou Honghua Digital Technology Stock Company LTD holds more cash than debt, 726M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Nov 5, 2026