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Lakala Payment Co Ltd (300773) Fair Value & Analysis

Technology · CN · Market cap 18.9B CNY (≈ $2.8B) · ISIN CNE100003KF7

What is Lakala Payment Co Ltd really worth?

LP Lakala Payment Co Ltd 300773 · SHE
Price¥16.90
Fair Value¥23.53
Upside+39.2%
Quality65/100

A solid business, trading 28% below our fair value of ¥23.53.

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Strengths

Highly profitable · 28.4% net margin
Low debt · generates free cash flow
Ranks above peers (11/14)

Risks

!Weak Growth (revenue 5y +0.0 %/yr)
!Moderate moat 63/100

For context

·3.55% dividend yield
Evidence: High Range ¥17.64 – ¥29.41

Fair value as of: Aug 29, 2026

From 24 valuation models · updated 7 days ago

Share price +6.0% 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 is below even our cautious bear case (¥17.64). The market is more pessimistic than our downside scenario.
  • Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

¥33.17 ¥10.41 Fair Value ¥23.53 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range ¥10.41 – ¥33.17 · fair‑value band ¥17.64 – ¥29.41 · the ¥16.90 price screens below the ¥23.53 fair value. Dashed = 300-day average. As of Aug 29, 2026.

Full chart & analysis →

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Analysis

Lakala Payment Co Ltd (300773) currently trades at ¥16.90, while our model-based Fair Value estimate is ¥23.53, implying the stock looks roughly 28.2% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of ¥31.02 per share, and 17 of the 24 models we run sit above the ¥16.90 price. Bear case: the Asset-Based group reads lowest at ¥3.69, and 7 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Lakala Payment Co Ltd generated revenue of 5.9B CNY at a net margin of 28.4%. Revenue grew 24.1% year over year. It earns a return on equity of 40.5%. The balance sheet holds a net cash position of 5.8B CNY. Fundamentals as of Aug 29, 2026

Our scenario range runs from ¥17.64 (bear case) to ¥29.41 (bull case); at ¥16.90, the current price sits below 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 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −32% fair-value upside, at 39%, 300773 screens cheaper 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 ¥1.05 per share, which is 4.5 % 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 best evidence ¥18.15 ¥24.51 ¥35.08 81
Growth DCF ¥18.17 ¥24.21 ¥34.11 79
Owner Earnings ¥29.30 ¥43.61 ¥67.37 76
All 24 models by family
DCF Models
FCF DCF best evidence ¥18.15 ¥24.51 ¥35.08 81
Owner Earnings ¥29.30 ¥43.61 ¥67.37 76
5Y Revenue Exit ¥14.60 ¥17.48 ¥21.17 74
5Y EBITDA Exit ¥17.01 ¥22.28 ¥28.66 76
5Y P/E Exit ¥31.47 ¥51.05 ¥73.03 70
10Y Revenue Exit ¥15.63 ¥18.69 ¥22.95 68
10Y EBITDA Exit ¥17.33 ¥22.14 ¥29.02 69
10Y P/E Exit ¥26.77 ¥42.81 ¥64.92 63
Earnings-Based
Graham-Dodd ¥10.25 ¥41.83 ¥56.94 64
Lynch FV ¥10.49 ¥14.98 ¥19.48 61
PEG = 1.0 ¥10.49 ¥14.98 ¥19.48 57
EPV ¥12.28 ¥12.79 ¥13.24 74
Multiples
P/E Multiple ¥31.65 ¥42.20 ¥52.75 63
P/S Multiple ¥19.22 ¥25.62 ¥32.03 58
P/B Multiple ¥19.22 ¥25.62 ¥32.03 55
EV/EBIT ¥16.57 ¥19.02 ¥21.46 66
EV/EBITDA ¥17.16 ¥19.81 ¥22.45 67
EV/Revenue ¥12.94 ¥14.53 ¥16.12 54
Asset-Based
NCAV (Graham) ¥2.75 ¥3.69 ¥5.51 54
Growth DCF
Growth DCF ¥18.17 ¥24.21 ¥34.11 79
Rev-Margin DCF ¥14.60 ¥17.52 ¥21.17 74
Economic Profit
Residual Income ¥10.25 ¥14.02 ¥89.58 64
ROIC Compounder ¥12.28 ¥12.79 ¥13.24 72
Growth Earnings
Growth-Adj P/E ¥21.72 ¥31.02 ¥40.33 67

Widest divergence: Growth Earnings (¥31.02) versus Asset-Based (¥3.69). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/E ratio 7.9
P/S ratio 1.66 P/E × margin
EPS (TTM) ¥2.15 price ÷ EPS = P/E 7.9
Dividend yield 3.6% payout 27.9%
Net margin 21.1% FY2025
Return on equity 40.5% TTM
More key figures
Profitability
Return on assets (EBIT) 4.5% avg 5y
Operating margin 5.2% TTM
Growth
Revenue (TTM) 5.9B CNY TTM
Revenue growth (YoY) +24.1% 3y avg +0.9%
EPS growth (YoY) +492%
Balance sheet & cash flow
Free cash flow 563M CNY FY2025
Net cash 5.8B CNY FY2024

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 62 · Market factors (momentum, volatility) 13

Profitability 58
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 85
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

Lakala Payment Co., Ltd. engages in the digital payment and technology service businesses in China. It provides digital payment solutions, including payment collection, cross-border payment, and international card service solutions.

Full company description

Lakala Payment Co., Ltd. engages in the digital payment and technology service businesses in China. It provides digital payment solutions, including payment collection, cross-border payment, and international card service solutions. The company serves retail stores, small and medium banks, and industries, as well as catering, retail, automotive, and tourism sectors. Lakala Payment Co., Ltd. was founded in 2005 and is based in Beijing, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lakala Payment Co Ltd reported revenue of 5.5B CNY in FY2025 versus 6.6B CNY in FY2021, a compound −4.3%/yr. Reported net income was 1.2B CNY in FY2025, compounding +2.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
5.5B CNY
Latest YoY
−3.7%
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.
+0.9%
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.
+0.0%
Avg. revenue growth/yr (12Y) 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.
+20.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
−18.3% (−21.9 + 3.6)
Revenue −4.3%/yr
FY21 6.6B CNY
FY22 5.4B CNY
FY23 5.9B CNY
FY24 5.8B CNY
FY25 5.5B CNY
Net income +2.0%/yr
FY21 1.1B CNY
FY22 −1.4B CNY
FY23 458M CNY
FY24 351M CNY
FY25 1.2B CNY

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Cite: Fair Value Calculator (2026). "Lakala Payment Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/300773

Peer Group

Software - Infrastructure · 369 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 65 · Top 25%
Fair Value upside +39% · Top 25%
Return on equity (TTM) 40% · Top 25%
Return on assets 1% · Above median
Net margin (TTM) 28% · Top 25%
Operating margin (TTM) 5% · Above median
Revenue growth 24% · Above median
Dividend yield (TTM) 3.6% · Top 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 7.9× · Cheaper than 75% of peers
P/B 4.41× · Pricier than median
P/S (TTM) 3.22× · Pricier than median
P/FCF 5.0× · Cheaper than median
EV/EBITDA 31.7× · 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
VALUE86 · sector 0
FUTURE100 · sector 50
PAST100 · sector 15
HEALTH100 · sector 98
DIVIDEND71 · sector 26

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $480.35 $365.74 −24%
Oracle Corporation ORCL $151.94 $117.84 −22%
Fortinet, Inc FTNT $166.00 $61.46 −63%
Synopsys, Inc SNPS $442.61 $101.19 −77%
Block, Inc XYZ A$111.01 A$70.69 −36%
CoreWeave, Inc CRWV $105.26 $71.79 −32%
NetApp, Inc NTAP $190.64 $154.83 −19%
Adyen N.V ADYEN €1,007 €707.53 −30%
MongoDB, Inc MDB $440.58 $93.91 −79%
Okta, Inc OKTA $166.23 $30.50 −82%

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Frequently asked questions

Is Lakala Payment Co Ltd (300773) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of ¥23.53 versus a price of ¥16.90, about +39% upside (undervalued).
What is the fair value of 300773?
Our model-based fair value for Lakala Payment Co Ltd is ¥23.53 (as of Aug 29, 2026), built from audited fundamentals. The current price: ¥16.90.
What is the quality score of 300773?
Lakala Payment Co Ltd has a Quality Score of 65/100. 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 Lakala Payment Co Ltd (300773)?
Lakala Payment Co Ltd reported trailing-twelve-month revenue of about 5.9B CNY (latest available figure, as of Aug 29, 2026).
What is the net profit margin of 300773?
The net profit margin of Lakala Payment Co Ltd is about 28.4%, meaning it keeps roughly 28.4% of revenue as net income. Based on the latest reported figures.
Does Lakala Payment Co Ltd pay a dividend?
Lakala Payment Co Ltd currently shows a dividend yield of about 3.55% relative to its recent price (as of Aug 29, 2026).
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