Ningbo Water Meter (Group) Co (SHSE:603700) Short Percentage of Float

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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SHSE:603700 Ningbo Water Meter (Group) Co Ltd SHSE:603700
71 GF Score
Price ¥11.06
GF Value ¥14.24
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ningbo Water Meter (Group) Co Short Percentage of Float?

Short Percentage of Float is the percentage of shares shorted compared to the float.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.


SHSE:603700 vs VRT, BE: Short Percentage of Float Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) Co's Short Percentage of Float, along with its competitors' market caps and Short Percentage of Float data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ningbo Water Meter (Group) Co Short Percentage of Float vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's Short Percentage of Float distribution charts can be found below:

* The bar in red indicates where Ningbo Water Meter (Group) Co's Short Percentage of Float falls into.


SHSE:603700
71GF Score
Ningbo Water Meter (Group) Co Ltd SHSE:603700
Short Percentage of Float is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued. The current stock price of ¥11.06 is trading 22.3% below its estimated GF Value™ of ¥14.24. GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603700:

  • Short Percentage of Float:
  • GF Value™: ¥14.24 vs. price of ¥11.06 (22.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Water Meter (Group) Co Business Description

Address No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
71GF Score

Get the complete analysis for SHSE:603700

Short Percentage of Float is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.06
Price
¥14.24
GF Value