Risk factor
Resilient to price shocks
Profitability factor
Strong growth
About
Chaozhou Three-Circle (Group) Co., Ltd. is a global enterprise dedicated to the research, development, production, and sales of essential electronic materials, advanced electronic components, and cutting-edge communication devices. The company's diverse product portfolio includes ceramic components for modern mobile phones (such as exterior parts and fingerprint module covers) and smart wearable technologies, alongside fundamental electronic parts like lead resistors and multilayer ceramic chip capacitors. For optical communication applications, they manufacture ceramic ferrules, sleeves, rapid fiber optic connectors, MT ferrules, and ceramic guide pins. Additionally, their offerings extend to various packaging solutions, including glass and metal encapsulation, ceramic packaging bases, ceramic wedges, and capillaries. They also provide sophisticated items like piezo micro dispensing valve systems, various substrates (alumina, aluminum nitride), electronic and solder pastes, nano-zirconia powder, metallized ceramics, and ceramic structural parts. These innovative products are vital for numerous sectors, including optical communications, general electronics, electrical engineering, industrial machinery, energy efficiency, environmental conservation, renewable energy, biotechnology, and fashion. Established in 1970, the company is headquartered in Chaozhou, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of 300408.SZ is 94.2 and suggests 17.3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation