Perfil da empresa · Consumer Cyclical

Zhejiang CFMoto Power Co Ltd

603129 · Xangai
Indústria
摩托车与全地形车
Bolsa
Xangai
País / Região
China
Funcionários
8.738
Site
www.cfmoto.com
Preço na publicação
¥296.88
fechamento de 17 de setembro de 2026
Compra justa
≤ ¥180
Entrada com margem de segurança
Pontuação de Crescimento Baillie
48/100
Fraco
Buffett Score
78/100
Forte
Valor intrínseco · Faixa em três níveis Preço na publicação ¥296.88 · Dentro da faixa de valor intrínseco justo

Faixa de valuation composta · conservador ¥168–¥180 / justo ¥250–¥325 / otimista ¥410–¥440. Ao preço de publicação de ¥296.88 (17 de setembro de 2026), Dentro da faixa de valor intrínseco justo.

Resumo financeiro
Valor de mercadoCN¥ 44,06 bi
Receita (TTM)CN¥ 23,28 bi
EBITDACN¥ 2,16 bi
Margem líquida7,47%
ROE23,68%
P/L (TTM)25,52
P/L projetado16,58
LPACN¥ 11,25
Dividend yield1,48%
Faixa de 52 semanasCN¥ 213,80 – CN¥ 329,60

Dados da EODHD, apresentados na moeda de reporte; apenas para referência, não constitui recomendação de investimento.

Sobre a empresa

Zhejiang Cfmoto Power Co.,Ltd, together with its subsidiaries, engages in research, development, manufacturing, and sales of motorcycles, all-terrain vehicles, new energy two-wheeled vehicles, and core components in China, rest of Asia, North America, Oceania, Africa, South America, and Europe. It provides motorcycles, off-road vehicles, engines, frames, parts, apparel, accessories, lifestyle and gift products, and gear. Zhejiang Cfmoto Power Co.,Ltd was founded in 1989 and is based in Hangzhou, China.

Contexto

História

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Posição no setor

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Análises sobre este ativo
48/100 Manter CFMOTO: Four-Wheeler Revenue Up 51% but H1 Profit Up Only 6%, and CNY 296.88 at 24-25x Normalized Earnings Leaves No Margin of Safety Zhejiang CFMOTO Power is a globalizing Chinese powersports manufacturer whose profit engine is high-margin ATV and side-by-side exports: FY2025 ATV/SSV revenue of CNY 9.608bn earned a 32.14% gross margin, petrol motorcycles added CNY 6.471bn at 24.51%, and the ZEEHO electric two-wheeler line sold 551,237 units at a negative 0.03% gross margin. H1 2026 revenue grew 35.82% to CNY 13.386bn with four-wheeler revenue up 51.05%, yet attributable profit rose only 6.26% to CNY 1.065bn as gross margin slipped to 27.26%, a CNY 256m FX loss and CNY 643m of U.S. tariffs weighed, and Polaris's Section 337 case now reaches the Z10 and Z10-4; the USD 92.64m IEEPA refund adds roughly CNY 440m to 2026 profit but does not recur. Rating Hold: at CNY 296.88 the fully converted market cap of CNY 48.24bn is 28.8x FY2025 earnings and about 24-25x normalized 2026 earnings, near base-case rather than the CNY 200-225 conservative value, so the margin of safety is none and the ideal buy price is CNY 168-180. Zhejiang CFMOTO Power Co., Ltd.603129 · Xangai摩托车与全地形车17 de setembro de 2026