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Shenzhen Huaqiang Industry Co Ltd (000062) Fair Value & Analysis

Technology · CN · Market cap 24.3B CNY (≈ $3.6B) · ISIN CNE0000008R9

What is Shenzhen Huaqiang Industry Co Ltd really worth?

SH Shenzhen Huaqiang Industry Co Ltd 000062 · SHE
Price¥23.77
Fair Value¥7.52
Upside−68.4%
Quality55/100

A solid business, but trading 216% above our fair value of ¥7.52.

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Risks

!Expensive Growth (revenue 5y +8.8 %/yr)
!Thin margins · 2.0% net margin
!Low debt · negative free cash flow
!Trails peers (5/13)
!Narrow moat 27/100
!Evidence only medium, so the estimate is less certain

For context

·2.10% dividend yield
Evidence: Medium Range ¥5.64 – ¥9.41

Fair value as of: Aug 20, 2026

From 9 valuation models · updated 16 days ago

Share price +2.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (¥9.41). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥40.21 ¥7.54 Fair Value ¥7.52 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range ¥7.54 – ¥40.21 · fair‑value band ¥5.64 – ¥9.41 · the ¥23.77 price screens above the ¥7.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

Shenzhen Huaqiang Industry Co Ltd (000062) currently trades at ¥23.77, while our model-based Fair Value estimate is ¥7.52, implying the stock looks roughly 216.1% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Technology sector. Bull case: the Multiples group reads highest at a median of ¥12.02 per share, and 0 of the 9 models we run sit above the ¥23.77 price. Bear case: the Asset-Based group reads lowest at ¥4.31, and 9 of the 9 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Shenzhen Huaqiang Industry Co Ltd generated revenue of 27.4B CNY at a net margin of 2.0%. Revenue grew 47.3% year over year. It earns a return on equity of 8.2%. Net debt stands at 5.5B CNY. Fundamentals as of Aug 20, 2026

Our scenario range runs from ¥5.64 (bear case) to ¥9.41 (bull case); at ¥23.77, 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 41% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −10% fair-value upside, at −68%, 000062 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.0204 per share, which is 0.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 best evidence ¥5.26 ¥5.55 ¥5.90 76
EV/EBITDA ¥14.57 ¥19.14 ¥23.70 67
Gordon GGM ¥5.33 ¥11.07 ¥17.57 66
All 9 models by family
Dividend Discount
Gordon GGM ¥5.33 ¥11.07 ¥17.57 66
DDM Multi-Stage ¥5.33 ¥9.34 ¥11.62 66
Multiples
P/S Multiple ¥5.64 ¥7.52 ¥9.41 58
P/B Multiple ¥5.64 ¥7.52 ¥9.41 55
EV/EBIT ¥15.02 ¥19.72 ¥24.43 66
EV/EBITDA ¥14.57 ¥19.14 ¥23.70 67
EV/Revenue ¥8.68 ¥12.02 ¥15.36 54
Asset-Based
NCAV (Graham) ¥3.22 ¥4.31 ¥6.44 54
Economic Profit
Residual Income best evidence ¥5.26 ¥5.55 ¥5.90 76

Widest divergence: Multiples (¥12.02) versus Asset-Based (¥4.31). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 44.8
P/S ratio 0.83 P/E × margin
EPS (TTM) ¥0.5300 price ÷ EPS = P/E 44.8
Dividend yield 2.1% payout 94.3%
Net margin 1.9% FY2025
Return on equity 8.2% TTM
More key figures
Profitability
Return on assets (EBIT) 5.4% avg 5y
Operating margin 4.8% TTM
Growth
Revenue (TTM) 27.4B CNY TTM
Revenue growth (YoY) +47.3% 3y avg +1.3%
EPS growth (YoY) +90.4%
Balance sheet & cash flow
Free cash flow −718M CNY FY2025
Net debt 5.5B CNY FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 49 · Market factors (momentum, volatility) 26

Profitability 41
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 13
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Shenzhen Huaqiang Industry Co., Ltd., together with its subsidiaries, operates as an electronic components distributor in China and internationally.

Full company description

Shenzhen Huaqiang Industry Co., Ltd., together with its subsidiaries, operates as an electronic components distributor in China and internationally. It operates through Electronic Components Authorized Distribution; Electronic Components Long-Tail Procurement Business; Electronic Components and Electronic Terminal Products Physical Trading Market; Electronic components B2B information service platform; CVC investment; and Property Management segments. The company is involved in the distribution and supply chain management of integrated circuits, storages, devices, and various passive elements; publishing of electronic components supply and demand information; online transactions; and logistics distribution, financial supply chain, and data study activities, etc. It also develops and manages e-commerce service, electronic component and commodities trading, and innovation and entrepreneurship platforms; provides research and consulting services; and trades in electronic products. In addition, the company engages in multilayer circuit board custom electrical services; electronic professional market operation and management; innovation and entrepreneurship services; property management; and inspection and testing services. The company was founded in 1994 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen Huaqiang Industry Co Ltd reported revenue of 24.9B CNY in FY2025 versus 22.8B CNY in FY2021, a compound +2.2%/yr. Reported net income was 463M CNY in FY2025, compounding −14.9%/yr from FY2021.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
24.9B CNY
Latest YoY
+13.4%
Avg. revenue 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.
+1.3%
Avg. revenue 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.
+8.8%
Avg. revenue growth/yr (32Y) 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.
+16.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−3.9% (−6.0 + 2.1)
Revenue +2.2%/yr
FY21 22.8B CNY
FY22 23.9B CNY
FY23 20.6B CNY
FY24 22.0B CNY
FY25 24.9B CNY
Net income −14.9%/yr
FY21 883M CNY
FY22 952M CNY
FY23 467M CNY
FY24 213M CNY
FY25 463M CNY
Character of growth · EPS growth decomposed (2014-2025) −1.8 % p.a.
Revenue per share +22.6 %

of which total revenue +23.3 % · buybacks/dilution −0.5 %

EBIT margin −17.4 %
Tax rate −0.4 %
Residual (interest, one-offs) −2.7 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

000062 screens 216% overvalued. Compare with TD SYNNEX Corporation →

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Cite: Fair Value Calculator (2026). "Shenzhen Huaqiang Industry Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000062

Peer Group

Electronics & Computer Distribution · 153 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 53 · Above median
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 8% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 47% · Top 25%
Dividend yield (TTM) 2.1% · Below median
Debt / equity 0.29× · Higher than 75% of peers

Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper

P/E (TTM) 44.8× · Pricier than 75% of peers
P/B 3.61× · Pricier than 75% of peers
P/S (TTM) 0.89× · Pricier than 75% of peers
EV/EBITDA 19.5× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 29
FUTURE100 · sector 63
PAST33 · sector 36
HEALTH86 · sector 98
DIVIDEND42 · sector 51

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

Similar stocks

10 more Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $262.53 $289.83 +10%
Unisplendour Corporation 000938 ¥39.60 ¥16.52 −58%
Rexel S.A RXL €35.43 €32.05 −10%
Arrow Electronics, Inc ARW $203.92 $114.08 −44%
Avnet, Inc AVT $97.31 $77.07 −21%
WPG Holdings 3702 123.50 TWD 148.26 TWD +20%
Nanjing Sunlord Electronics Corporation 300975 ¥25.02 ¥12.34 −51%
Insight Enterprises, Inc NSIT $150.63 $118.72 −21%
Shenzhen H&T Intelligent Control Co. 002402 ¥18.95 ¥20.12 +6%
Topco Scientific Co 5434 521.00 TWD 473.70 TWD −9%

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Frequently asked questions

Is Shenzhen Huaqiang Industry Co Ltd (000062) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of ¥7.52 versus a price of ¥23.77, about −68% upside (overvalued).
What is the fair value of 000062?
Our model-based fair value for Shenzhen Huaqiang Industry Co Ltd is ¥7.52 (as of Aug 20, 2026), built from audited fundamentals. The current price: ¥23.77.
What is the quality score of 000062?
Shenzhen Huaqiang Industry Co 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 revenue of Shenzhen Huaqiang Industry Co Ltd (000062)?
Shenzhen Huaqiang Industry Co Ltd reported trailing-twelve-month revenue of about 27.4B CNY (latest available figure, as of Aug 20, 2026).
What is the net profit margin of 000062?
The net profit margin of Shenzhen Huaqiang Industry Co Ltd is about 2.0%, meaning it keeps roughly 2.0% of revenue as net income. Based on the latest reported figures.
Does Shenzhen Huaqiang Industry Co Ltd pay a dividend?
Shenzhen Huaqiang Industry Co Ltd currently shows a dividend yield of about 2.10% relative to its recent price (as of Aug 20, 2026).
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