Tongwei (600438.SS)
Technology · Shanghai · China
Fundamentals
Valuation and ratings
Tongwei trades at CN¥10.60, which is 22% above the CN¥8.28 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 14 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About Tongwei
Tongwei Co.,Ltd engages in the production and sales of industrial silicon and high-purity crystalline silicon for solar energy, chemical products, silicon rods, silicon wafers, solar cells, and modules in China and internationally. It is involved in the generation of electricity and related businesses; production and sale of feed, etc.; and aquaculture, seedling cultivation, food processing, etc. The company also engages in technical services; power supply; photovoltaic new energy; farming; sale of battery cell and components; and photovoltaic power operation. Tongwei Co., Ltd was founded in 1995 and is headquartered in Chengdu, China.
600438.SS passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Tongwei (600438.SS) undervalued?
Against our discounted cash flow estimate of CN¥8.28, 600438.SS at CN¥10.60 is 22% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.