Risk factor
Modest price volatility
Profitability factor
Greatly overvalued vs peers
About
Wanxiang Qianchao Co.,Ltd. manufactures and sells auto parts in China and internationally. The company offers roller, needle, seal, wheel bearing units, shock absorber assembly, precision forging, bearing, fuel tank, exhaust muffler system, automotive electronics, universal joint assembly, brake system, constant speed drive shaft, and drive shaft products. The company was founded in 1969 and is based in Hangzhou, China. Wanxiang Qianchao Co.,Ltd. is a subsidiary of Wanxiang Group Corporation.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of 000559.SZ is 23 and suggests 31% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc