Ningbo Deye Technology Co Ltd
SSE:605117

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Ningbo Deye Technology Co Ltd
SSE:605117
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Price: 139.97 CNY -0.52%
Market Cap: ¥127.3B

P/B

12.3
Current
87%
More Expensive
vs 3-y average of 6.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
12.3
=
Market Cap
¥127.9B
/
Total Equity
¥10.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
12.3
=
Market Cap
¥127.9B
/
Total Equity
¥10.3B

Valuation Scenarios

Ningbo Deye Technology Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (6.6), the stock would be worth ¥74.86 (47% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-80%
Maximum Upside
No Upside Scenarios
Average Downside
59%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 12.3 ¥139.97
0%
3-Year Average 6.6 ¥74.86
-47%
5-Year Average 7.9 ¥90.15
-36%
Industry Average 3.1 ¥34.78
-75%
Country Average 2.4 ¥27.79
-80%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Ningbo Deye Technology Co Ltd
SSE:605117
127.2B CNY 12.3 40.1
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 24 437.1 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
121.4B USD 8.5 34.3
JP
Freund Corp
TSE:6312
16.9T JPY 1 012.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.1T JPY 6.2 57.4
SE
Atlas Copco AB
STO:ATCO A
853.8B SEK 7.7 32.3
US
Illinois Tool Works Inc
NYSE:ITW
77.5B USD 24 25.2
US
Barnes Group Inc
NYSE:B
65.6B USD 2.5 13.1
SE
Sandvik AB
STO:SAND
481.8B SEK 4.8 32.5

Market Distribution

Higher than 95% of companies in China
Percentile
95th
Based on 7 605 companies
95th percentile
12.3
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Ningbo Deye Technology Co Ltd
Glance View

Market Cap
127.3B CNY
Industry
Machinery

In the bustling city of Ningbo, China's economic heartland, Deye Technology Co Ltd has emerged as a notable player in the global technology arena. Founded in 2000, this company has skillfully channeled the spirit of innovation and dynamism characteristic of its region into becoming a formidable force in the world of electrical and thermal management systems. Deye primarily focuses on the development, manufacturing, and thorough market penetration of solar inverter solutions and dehumidifiers. The company's robust commitment to research and development has propelled it to the forefront of the solar inverter industry, where it offers a diverse range of products catering to both residential and commercial markets. By harnessing the power of cutting-edge technologies, Deye positions itself prominently in the renewable energy sector, addressing the ever-growing global demand for efficient and sustainable energy solutions. The financial backbone of Ningbo Deye Technology Co Ltd hinges on its strategic product diversification and comprehensive market reach. The company's revenues are particularly bolstered by its solar inverter segment, which has gained traction internationally due to its reliability and efficiency. Additionally, Deye's advanced dehumidifier systems tap into the domestic and international markets, driven by increasing consumer awareness and demand for indoor air quality improvement. By effectively leveraging its innovative engineering capabilities and extensive distribution networks, Deye has cemented its role as a key contributor to environmental sustainability. Consequently, its financial health is buoyant, with consistent growth fueled by both its technological advancements and a steadily expanding customer base across continents.

Intrinsic Value
112.98 CNY
Overvaluation 19%
Intrinsic Value
Price ¥139.97
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