EVE Energy Co Ltd banner

EVE Energy Co Ltd
SZSE:300014

Watchlist Manager
EVE Energy Co Ltd Logo
EVE Energy Co Ltd
SZSE:300014
Watchlist
Price: 70.43 CNY -1.4%
Market Cap: ¥146.2B

P/B

3.5
Current
27%
More Expensive
vs 3-y average of 2.7

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
3.5
=
Market Cap
¥148.2B
/
Total Equity
¥42.3B

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
3.5
=
Market Cap
¥148.2B
/
Total Equity
¥42.3B

Valuation Scenarios

EVE Energy Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.7), the stock would be worth ¥55.48 (21% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+8%
Average Downside
9%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.5 ¥70.43
0%
3-Year Average 2.7 ¥55.48
-21%
5-Year Average 3.7 ¥75.77
+8%
Industry Average 3.7 ¥75.05
+7%
Country Average 2.4 ¥49.96
-29%

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
EVE Energy Co Ltd
SZSE:300014
146.1B CNY 3.5 32.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 6 25.8
CH
Abb Ltd
SIX:ABBN
140.9B CHF 12 35.9
FR
Schneider Electric SE
PAR:SU
152.3B EUR 6.3 36.6
IE
Eaton Corporation PLC
NYSE:ETN
160.2B USD 8.2 39.2
US
Vertiv Holdings Co
NYSE:VRT
117.1B USD 27.6 75.2
US
Emerson Electric Co
NYSE:EMR
77.8B USD 3.8 33.7
KR
LG Energy Solution Ltd
KRX:373220
110.4T KRW 5.4 -102.6
JP
Fujikura Ltd
TSE:5803
10.4T JPY 20.5 72.2
US
AMETEK Inc
NYSE:AME
52.4B USD 4.9 35.4
FR
Legrand SA
PAR:LR
38.7B EUR 5.3 31.1
P/E Multiple
Earnings Growth PEG
CN
EVE Energy Co Ltd
SZSE:300014
Average P/E: 41.8
32.6
38%
0.9
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.8
22%
1.2
CH
Abb Ltd
SIX:ABBN
35.9
13%
2.8
FR
Schneider Electric SE
PAR:SU
36.6
23%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
39.2
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
75.2
43%
1.7
US
Emerson Electric Co
NYSE:EMR
33.7
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -102.6 N/A N/A
JP
Fujikura Ltd
TSE:5803
72.2
44%
1.6
US
AMETEK Inc
NYSE:AME
35.4
14%
2.5
FR
Legrand SA
PAR:LR
31.1
14%
2.2

Market Distribution

In line with most companies in China
Percentile
65th
Based on 7 605 companies
65th percentile
3.5
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

EVE Energy Co Ltd
Glance View

Market Cap
146.2B CNY
Industry
Electrical Equipment

EVE Energy Co., Ltd., a prominent figure in the energy storage and battery sector, has carved a niche for itself through a relentless focus on innovation and diversified product offerings. Based in Huizhou, China, EVE Energy has strategically positioned itself at the convergence of advanced technology and environmental stewardship. Founded in 2001, the company originally concentrated on lithium primary batteries and has progressively expanded its portfolio to encompass high-energy lithium-ion batteries. These are indispensable in a myriad of applications, from consumer electronics to electric vehicles (EVs) and energy storage systems. The company’s growth trajectory is underpinned by its continuous investment in research and development, enabling it to refine battery technology that meets the evolving needs of its clients, who span the globe. EVE Energy's business model pivots on a multi-faceted revenue generation strategy that capitalizes on emerging trends and demands in energy solutions. By catering to the burgeoning electric vehicle industry and the growing demand for portable power sources, the company amplifies its profitability and market share. The company's lithium-ion battery units are sold to major manufacturers who integrate them into high-tech gadgets and high-performance electric vehicles, serving a diverse client base that extends beyond geographical boundaries. Furthermore, EVE Energy's foray into energy storage solutions places it at the frontline of the energy transition movement, providing scalable storage systems that help manage energy distribution efficiently. As global attention intensifies on sustainability and renewable energy, EVE Energy's business model is not only profitable but is tightly aligned with major global trends toward clean energy.

Intrinsic Value
66.74 CNY
Overvaluation 5%
Intrinsic Value
Price ¥70.43
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett