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Hebei Sinopack Electronic Technolog (003031) Fair Value & Analysis

Technology · CN · Market cap 49.8B CNY (≈ $7.4B) · ISIN CNE1000049Q3

What is Hebei Sinopack Electronic Technolog really worth?

HS Hebei Sinopack Electronic Technolog 003031 · SHE
Price¥113.78
Fair Value¥26.20
Upside−77.0%
Quality51/100

A solid business, but trading 334% above our fair value of ¥26.20.

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Strengths

Healthy Growth (revenue 5y +28.7 %/yr)
Solidly profitable · 18.8% net margin
Low debt · generates free cash flow

Risks

!Mixed vs. peers (6/14)
!Moderate moat 60/100
!Weak on dividend: 8 out of 100

For context

·0.39% dividend yield
Evidence: High Range ¥19.65 – ¥32.75

Fair value as of: Aug 18, 2026

From 26 valuation models · updated 17 days ago

Share price +13.4% 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 (¥32.75). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥195.57 ¥18.21 Fair Value ¥26.20 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range ¥18.21 – ¥195.57 · fair‑value band ¥19.65 – ¥32.75 · the ¥113.78 price screens above the ¥26.20 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 18, 2026.

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Analysis

Hebei Sinopack Electronic Technolog (003031) currently trades at ¥113.78, while our model-based Fair Value estimate is ¥26.20, implying the stock looks roughly 334.2% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of ¥37.68 per share, and 0 of the 26 models we run sit above the ¥113.78 price. Bear case: the Dividend Discount group reads lowest at ¥6.76, and 26 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Hebei Sinopack Electronic Technolog generated revenue of 3.4B CNY at a net margin of 18.8%. Revenue grew 79.0% year over year. It earns a return on equity of 10.5%. The balance sheet holds a net cash position of 2.5B CNY. Fundamentals as of Aug 18, 2026

Our scenario range runs from ¥19.65 (bear case) to ¥32.75 (bull case); at ¥113.78, 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 35% below its 52-week high and 152% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −77%, 003031 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 ¥0.6564 per share, which is 2.5 % 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
FCF DCF ¥23.51 ¥33.03 ¥63.34 77
Growth DCF ¥22.52 ¥35.95 ¥63.09 76
Residual Income ¥12.10 ¥13.17 ¥17.35 76
All 26 models by family
DCF Models
FCF DCF ¥23.51 ¥33.03 ¥63.34 77
Owner Earnings ¥15.90 ¥27.37 ¥51.44 73
5Y Revenue Exit ¥17.70 ¥25.42 ¥40.98 71
5Y EBITDA Exit ¥25.07 ¥40.73 ¥70.58 73
5Y P/E Exit ¥25.81 ¥48.81 ¥79.57 68
10Y Revenue Exit ¥19.02 ¥31.23 ¥41.05 67
10Y EBITDA Exit ¥24.67 ¥46.28 ¥87.09 65
10Y P/E Exit ¥25.20 ¥47.79 ¥88.05 61
Earnings-Based
Graham-Dodd ¥8.48 ¥59.16 ¥83.02 63
Lynch FV ¥20.08 ¥28.69 ¥37.30 61
PEG = 1.0 ¥20.08 ¥28.69 ¥37.30 57
EPV ¥19.45 ¥21.54 ¥23.37 74
Dividend Discount
Gordon GGM ¥3.86 ¥8.02 ¥12.72 66
DDM Multi-Stage ¥3.86 ¥6.76 ¥8.42 66
Multiples
P/E Multiple ¥19.65 ¥26.20 ¥32.75 63
P/S Multiple ¥9.57 ¥12.76 ¥15.95 58
P/B Multiple ¥15.91 ¥21.21 ¥26.51 55
EV/EBIT ¥25.56 ¥31.78 ¥38.00 66
EV/EBITDA ¥25.55 ¥31.77 ¥37.98 67
EV/Revenue ¥14.95 ¥18.39 ¥21.84 54
Asset-Based
NCAV (Graham) ¥7.11 ¥9.53 ¥14.22 54
Growth DCF
Growth DCF ¥22.52 ¥35.95 ¥63.09 76
Rev-Margin DCF ¥17.70 ¥28.05 ¥44.13 71
Economic Profit
Residual Income ¥12.10 ¥13.17 ¥17.35 76
ROIC Compounder ¥22.96 ¥31.48 ¥38.01 72
Growth Earnings
Growth-Adj P/E ¥26.37 ¥37.68 ¥48.98 67

Widest divergence: Growth Earnings (¥37.68) versus Dividend Discount (¥6.76). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 80.7
P/S ratio 15.8 P/E × margin
EPS (TTM) ¥1.41 price ÷ EPS = P/E 80.7
Dividend yield 0.4% payout 31.2%
Net margin 19.6% FY2025
Return on equity 10.5% TTM
More key figures
Profitability
Return on assets (EBIT) 9.2% avg 5y
Operating margin 20.7% TTM
Growth
Revenue (TTM) 3.4B CNY TTM
Revenue growth (YoY) +79.0% 3y avg +4.6%
EPS growth (YoY) +59.3%
Balance sheet & cash flow
Free cash flow 445M CNY FY2025
Net cash 2.5B CNY FY2024

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 55 · Market factors (momentum, volatility) 63

Profitability 42
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 4
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 38
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

Hebei Sinopack Electronic Technology Co.,Ltd. develops, produces, and sells electronic ceramic products in China and internationally. The company operates in two segments, Third-Generation Semiconductor Devices and Modules; and Electronic Ceramic Materials and Components.

Full company description

Hebei Sinopack Electronic Technology Co.,Ltd. develops, produces, and sells electronic ceramic products in China and internationally. The company operates in two segments, Third-Generation Semiconductor Devices and Modules; and Electronic Ceramic Materials and Components. The Third-Generation Semiconductor Devices and Modules provides gallium nitride communication base station RF chips and devices and silicon carbide power modules. The Electronic Ceramics business segment offers electronic ceramic casings for communication devices, electronic ceramic casings for industrial lasers, consumer electronic ceramic casings and substrates, automotive electronic parts, precision ceramic components; and money nitride communication base station RF chips. It offers its products for use in electronic ceramic products for use in the areas of optical communications, wireless communications, rail transportation, industrial lasers, consumer electronics, low-carbon heating and cooling, automotive electronics, semiconductors equipment and other fields. The company was founded in 2009 and is based in Shijiazhuang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hebei Sinopack Electronic Technolog reported revenue of 2.9B CNY in FY2025 versus 1.0B CNY in FY2021, a compound +29.8%/yr. Reported net income was 563M CNY in FY2025, compounding +46.6%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.9B CNY
Latest YoY
+8.7%
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.
+4.6%
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.
+28.7%
Avg. revenue growth/yr (9Y) 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.
+32.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+25.4% (25.0 + 0.4)
Revenue +29.8%/yr
FY21 1.0B CNY
FY22 2.5B CNY
FY23 2.7B CNY
FY24 2.6B CNY
FY25 2.9B CNY
Net income +46.6%/yr
FY21 122M CNY
FY22 457M CNY
FY23 490M CNY
FY24 539M CNY
FY25 563M CNY

003031 screens 334% overvalued. Compare with Amphenol Corporation →

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Cite: Fair Value Calculator (2026). "Hebei Sinopack Electronic Technolog Fair Value". https://www.fairvalue-calculator.com/stock/003031

Peer Group

Electronic Components · 638 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 51 · Below median
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 21% · Top 25%
Revenue growth 79% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 80.7× · Pricier than 75% of peers
P/B 7.76× · Pricier than 75% of peers
P/S (TTM) 14.80× · Pricier than 75% of peers
P/FCF 16.7× · Pricier than 75% of peers
EV/EBITDA 50.3× · 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 0
FUTURE100 · sector 40
PAST42 · sector 25
HEALTH100 · sector 95
DIVIDEND8 · sector 24

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
Amphenol Corporation APH $157.74 $97.19 −38%
Corning Incorporated GLW CHF 134.64 CHF 35.18 −74%
Delta Electronics, Inc 2308 1,750 TWD 602.37 TWD −66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 −31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW −88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 −90%
TE Connectivity plc TEL $202.66 $144.42 −29%
Shengyi Technology Co 600183 ¥132.80 ¥36.30 −73%
Flex Ltd FLEX $124.53 $48.10 −61%
Celestica Inc CLS $298.70 $113.54 −62%

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Frequently asked questions

Is Hebei Sinopack Electronic Technolog (003031) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ¥26.20 versus a price of ¥113.78, about −77% upside (overvalued).
What is the fair value of 003031?
Our model-based fair value for Hebei Sinopack Electronic Technolog is ¥26.20 (as of Aug 18, 2026), built from audited fundamentals. The current price: ¥113.78.
What is the quality score of 003031?
Hebei Sinopack Electronic Technolog has a Quality Score of 51/100. 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 Hebei Sinopack Electronic Technolog (003031)?
Hebei Sinopack Electronic Technolog reported trailing-twelve-month revenue of about 3.4B CNY (latest available figure, as of Aug 18, 2026).
What is the net profit margin of 003031?
The net profit margin of Hebei Sinopack Electronic Technolog is about 18.8%, meaning it keeps roughly 18.8% of revenue as net income. Based on the latest reported figures.
Does Hebei Sinopack Electronic Technolog pay a dividend?
Hebei Sinopack Electronic Technolog currently shows a dividend yield of about 0.39% relative to its recent price (as of Aug 18, 2026).
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