Risk factor
Meaningful price volatility
Profitability factor
Good growth
About
Chang Lan Electric Technology Co.,Ltd., a Chinese enterprise, specializes in the manufacturing and distribution of a wide array of cable accessories. Its offerings span both direct current (DC) and alternating current (AC) cable accessories, in addition to cold and heat-shrinkable types. Essential grounding devices and diverse cable fittings are also part of its product line. Beyond accessories, the firm furnishes a complete selection of installation and cable-laying instruments. This includes equipment such as cable burnishing machines, insulated operational tools, compression devices, JSD cable haulers, cable rollers, drum stands, and integrated cable winch and calibration units. Moreover, Chang Lan provides various supplementary materials for cable applications, including waterproof tapes, epoxy sealing muds, self-bonding fire-resistant tapes, self-adhesive rubber insulating tapes, wet-solidifying armored tapes, and insulated waterproof gasket cement. These products are crucial for numerous critical industries, such as power grids, power plants, renewable energy, railway and subway systems, and nuclear power. Established in 1958, the company maintains its headquarters in Changsha, China.
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, undervalued on EV/EBITD
Target Price
The average target price of 002879.SZ is 22.0 and suggests 34.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to