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002472.SZ
ACCE-researched

Zhejiang Shuanghuan Driveline Co.,Ltd. (002472.SZ) fair value

Consumer Cyclical · Auto Parts · SZSE · China
¥41.03+7.21%
Market cap ¥34.9BNext earnings 2022-04-22Updated Oct 16, 2026
Our verdict
Trades 61% above our fair value
Price
¥41.03
Model fair valueConfidence: good
¥25.54
Model range
¥16.99 to ¥29.80
Fair value ¥25.54
Price ¥41.03
3 models fit Zhejiang Shuanghuan Driveline Co.,Ltd. and they disagree: 1 of 3 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Bronze51
Valued as a growth company: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
ACCE opinionZhejiang Shuanghuan Driveline Co.,Ltd. (002472.SZ)
Fair value (3 models)
¥25.54
ACCE price target
¥33.00
Rating
Overvalued
Horizon
12 months
Fair value published on 13 Oct 2026, 00:00 CEST.
ACCE price target published on 18 Oct 2026, 01:52 CEST; previously ¥36.00 since 21 Sept 2026, 00:00 CEST.
Price used: ¥41.03 at the close on 23 Oct 2026, 09:00 CEST.
Models: Discounted cash flow, EV/EBITDA comparison, and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
60.7% above
-37.8% to fair value
ACCE score
52
out of 100
P/E
25.3x
forward 21.2x
1-year return
-4.1%
Dividend yield
1.05%

Zhejiang Shuanghuan Driveline Co.,Ltd. in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Zhejiang Shuanghuan makes driveline and transmission components for passenger and commercial vehicles, including drive shafts, gearboxes and related precision parts sold to Chinese automakers. Its edge rests on scale in a mature, cost-sensitive category, where it holds a 27.0% gross margin and a 14.8% operating margin, both solid for a China-based auto parts supplier. The more relevant angle for us is its inclusion in the ACCE Humanoid Actuators index, which points to its precision gear and drive capabilities being tested for robotic actuator applications, a thesis that remains unproven for this company. Revenue growth of 13.8% alongside a forward P/E of 18.6, down from 23.8 trailing, suggests earnings expected to expand at a pace that would make the valuation look reasonable if the robotics optionality begins to show up in reported numbers. With an ROE of 12.9% and a composite score of 50/100, the case is mixed: the core business is steady, but the stock warrants a deeper look only if management can show revenue from the humanoid actuator work.

AI-assisted·How I use AIWritten Oct 13, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Negative free cash flow
    FCF of -CNY 257M despite 13.8% revenue growth and 13.5% net margin signals working capital strain or capex misalignment.
  • high
    Earnings growth deceleration
    Earnings YoY +3.1% vs revenue +13.8% indicates margin compression or one-time items. Q3 EPS missed by 7.7%.
  • moderate
    ACCE quality score weak
    Momentum score of 31/100 lags other pillars.

AI research notes

AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue growth of 13.8% year over year significantly outpaces the 5-year average of 10.0%, showing accelerating momentum.
  • Net margin of 13.5% and ROE of 12.9% demonstrate the company generates solid returns on capital deployed.
  • Analysts project 27.1% upside to CNY 47.88 from the current price of CNY 37.66, with forward P/E of 19.4x appearing reasonable.
Why it could disappoint
  • Free cash flow is negative at CNY 257M over the last 12 months, yielding minus 0.8%, raising questions about cash generation.
  • Trailing P/E of 24.9x is elevated relative to forward P/E of 19.4x, suggesting the market is pricing in earnings growth that may not materialize.
  • Latest earnings missed expectations by 7.7%, and share count diluted by 1.4% last year, both headwinds to per-share value creation.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where 002472.SZ's valuation models land
Price
¥41.03
Model fair value
¥25.54
Model range
¥16.99 to ¥29.80
Fair value ¥25.54
Price ¥41.03
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
P/E comparison
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See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Recent performance

1 week
+23.5%
1 month
+9.2%
3 months
+16.0%
6 months
+12.0%
YTD
-13.5%
1 year
-4.1%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
18 Oct 2026, 01:52 CESTACCE price target¥33.00¥36.00¥33.22
13 Oct 2026, 00:00 CESTFair value¥25.36first publication¥37.66
21 Sept 2026, 00:00 CESTACCE price target¥36.00first publication¥36.23

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in CNY. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth52Value41Quality67Momentum47Total52
Valuation
Trailing P/E
25.3x
Forward P/E
21.2x
PEG
8.29
P/B
3.07x
EV / Revenue
3.5x
Book value/sh
¥12.23
Enterprise value
¥33.2B
Profitability
ROE
12.9%
FCF yield
0.99%
ROIC
7.7%
Health and risk
Debt / equity
0.34
Dividend yield
1.05%
Beta
0.52

Member of

ACCE Humanoid Actuators

Price

-5.7% · 1Y

Ask anything about 002472.SZ

Answered from Zhejiang Shuanghuan Driveline Co.,Ltd. fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 67% of peers
low 7.3x25.3xhigh 50.8x
ROEbetter than 33% of peers
low 4%13%high 22%
Div yieldbetter than 67% of peers
low 0.2%1.1%high 2.6%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
002472.SZ Zhejiang Shuanghuan Driveline Co.,Ltd.¥41.03¥2661% above25.3x12.9%6752
MRF.NS MRF Limited₹118860.00--20.7x-6547
SCHAEFFLER.NS Schaeffler India Limited₹3527.30--43.3x21.6%7347
BALKRISIND.NS Balkrishna Industries Limited₹2110.20--29.0x-8066
7276.T Koito Manufacturing Co., Ltd.¥2640.00--32.9x3.8%3961
5101.T The Yokohama Rubber Company, Limited¥6587.00--7.3x14.3%6870
UNOMINDA.NS Uno Minda Limited₹1068.10--50.8x-5644

Sector report card

Where 002472.SZ ranks against its sector peers on each metric.

Computing percentiles…