Risk factor
High price volatility
Profitability factor
Undervalued vs peers
About
Chongqing Machinery & Electric Co., Ltd. (CME) specializes in the design, manufacture, and distribution of a broad spectrum of products, focusing on clean energy solutions and advanced smart manufacturing equipment. The company's extensive portfolio encompasses: Power and Energy Systems: Engines, hydroelectric generation equipment, electrical wires and cables, high-voltage transformers, wind-power equipment, various cooling apparatus including fan coolers and different types of chillers (evaporative, water-cooled, air-cooled), as well as gas compressors and components, turbines, governors, and their auxiliary devices. Industrial and Manufacturing Machinery: General machinery, a wide range of machine tools (such as gear processing, lathes, multi-purpose CNC, roll grinders, deep hole boring machines, and specialized tools), industrial robots, intelligent automation systems, cutting tools, and precision screws. Components and Material Processing: Vehicle parts, agricultural machinery and accessories, spare parts, special tooling, electrical porcelain, the processing of electronic products, PPR/PPC tubular products, alongside casting and forging services for non-ferrous and special metals. Specialized Equipment and Technology: Laser, machinery, and testing equipment (also available for lease), industrial pumps and their parts, and pressure vessels, complemented by mechanical and electrical equipment technology services. Beyond manufacturing, CME engages in various services and trading activities: Maintenance and Technical Support: Offering cotton picking services, cotton machinery maintenance, turbo mechanical product testing, and comprehensive equipment and system maintenance and transformation. Infrastructure: Managing sewage collection, treatment, and operational services via Build-Operate-Transfer (BOT) models. Commercial Operations: Property leasing, general trade, trading in machinery and raw materials, sales of network, environmental, and gas products, and steel sales. Financial Services: Providing loans. Established in 2007, the company is based in Chongqing, People's Republic of China, and operates as a subsidiary of Chongqing Machinery and Electronics Holding (Group) Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, underpric
Target Price
The average target price of 2722.HK is 3.07 and suggests 62.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i