Risk factor
Fair trading liquidity
Profitability factor
Good margins and returns
About
HeNan Splendor Science & Technology Co., Ltd., established in 1994 and headquartered in Zhengzhou, China, is dedicated to the research, development, and commercialization of advanced measurement and control technologies for the Chinese rail transit industry. For national railways, the company delivers an extensive portfolio of products and solutions, including centralized signaling systems for general and hump railways, comprehensive track management, outdoor frequency shift track circuits, railway power and environmental control, signal room UPS and online battery systems, communication towers, high-speed rail natural disaster and foreign object intrusion detection, wireless shunting locomotive signaling, and integrated video monitoring. Their offerings further extend to handheld terminals for centralized signal monitoring, integrated data analysis platforms for electric services, electric heating snow melting equipment, high-speed rail perimeter intrusion alarms, distributed self-scheduling centralization, train dispatching command centers (including electric dispatching command centers), operation guarantee mobile terminals, computer interlocking, and axle counting systems. In the urban rail transit sector, Splendor provides signal maintenance support, environmental and equipment monitoring, integrated supervision systems, automatic ticket inspection, CCTV surveillance, and automatic train monitoring. Additionally, the company develops integrated transportation command systems tailored for special dedicated line railways and ensures comprehensive pre- and after-sale client support.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r