Shenzhen Kinwong Electronic Co (SHSE:603228) E10: ¥1.15 (As of Mar. 2026)

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SHSE:603228 Shenzhen Kinwong Electronic Co Ltd SHSE:603228
83 GF Score
Price ¥75.32
GF Value ¥35.41
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Shenzhen Kinwong Electronic Co E10?

Shenzhen Kinwong Electronic Co SHSE:603228 +1.99% 83 E10 is ¥1.15 as of Mar. 2026. GuruFocus rates SHSE:603228 with a GF Score™ of 83/100 and a GF Value™ of ¥35.41 (Significantly Overvalued). The stock has 12 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Shenzhen Kinwong Electronic Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shenzhen Kinwong Electronic Co's average E10 Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-07-29), Shenzhen Kinwong Electronic Co's current stock price is ¥75.32. Shenzhen Kinwong Electronic Co's E10 for the quarter that ended in Mar. 2026 was ¥1.15. Shenzhen Kinwong Electronic Co's Shiller PE Ratio of today is 65.50.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen Kinwong Electronic Co was 71.74. The lowest was 20.90. And the median was 46.86.


Shenzhen Kinwong Electronic Co  (SHSE:603228) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Shenzhen Kinwong Electronic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=75.32/1.15
=65.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Shenzhen Kinwong Electronic Co was 71.74. The lowest was 20.90. And the median was 46.86.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Shenzhen Kinwong Electronic Co E10 Related Terms


Shenzhen Kinwong Electronic Co E10 Historical Data

* Premium members only.

The historical data trend for Shenzhen Kinwong Electronic Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shenzhen Kinwong Electronic Co E10 Chart

Shenzhen Kinwong Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.10 1.14

Shenzhen Kinwong Electronic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.12 1.13 1.14 1.15

SHSE:603228 vs APH, GLW, TEL: E10 Comparison

For the Electronic Components subindustry, Shenzhen Kinwong Electronic Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Shenzhen Kinwong Electronic Co Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Kinwong Electronic Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Kinwong Electronic Co's Shiller PE Ratio falls into.


SHSE:603228
83GF Score
Shenzhen Kinwong Electronic Co Ltd SHSE:603228
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Kinwong Electronic Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Shenzhen Kinwong Electronic Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.24/116.3033*116.3033
=0.240

Current CPI (Mar. 2026) = 116.3033.

Shenzhen Kinwong Electronic Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.199 101.400 0.228
201609 0.230 102.400 0.261
201612 0.179 102.600 0.203
201703 0.189 103.200 0.213
201706 0.204 103.100 0.230
201709 0.250 104.100 0.279
201712 0.179 104.500 0.199
201803 0.194 105.300 0.214
201806 0.294 104.900 0.326
201809 0.414 106.600 0.452
201812 0.216 106.500 0.236
201903 0.229 107.700 0.247
201906 0.291 107.700 0.314
201909 0.240 109.800 0.254
201912 0.250 111.200 0.261
202003 0.260 112.300 0.269
202006 0.310 110.400 0.327
202009 0.250 111.700 0.260
202012 0.280 111.500 0.292
202103 0.300 112.662 0.310
202106 0.250 111.769 0.260
202109 0.290 112.215 0.301
202112 0.270 113.108 0.278
202203 0.210 114.335 0.214
202206 0.340 114.558 0.345
202209 0.340 115.339 0.343
202212 0.380 115.116 0.384
202303 0.250 115.116 0.253
202306 0.230 114.558 0.234
202309 0.350 115.339 0.353
202312 0.280 114.781 0.284
202403 0.380 115.227 0.384
202406 0.400 114.781 0.405
202409 0.270 115.785 0.271
202412 0.290 114.893 0.294
202503 0.390 115.116 0.394
202506 0.320 114.907 0.324
202509 0.320 115.471 0.322
202512 0.250 115.832 0.251
202603 0.240 116.303 0.240

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ¥1.15 mean?
Shenzhen Kinwong Electronic Co (SHSE:603228) has a E10 of ¥1.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shenzhen Kinwong Electronic Co and its competitors.
Is Shenzhen Kinwong Electronic Co's E10 too high?
Shenzhen Kinwong Electronic Co's current E10 is ¥1.15. Overall, Shenzhen Kinwong Electronic Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kinwong Electronic Co's E10 compare to APH and GLW?
Shenzhen Kinwong Electronic Co's E10 of ¥1.15 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Hardware company?
A good E10 depends on the Hardware industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shenzhen Kinwong Electronic Co and its competitors. Shenzhen Kinwong Electronic Co's current E10 is ¥1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kinwong Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co (SHSE:603228) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.41, compared to a current price of ¥75.32 — trading 112.7% above its estimated fair value. The current E10 is ¥1.15. Shenzhen Kinwong Electronic Co's overall GF Score™ is 83/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Shenzhen Kinwong Electronic Co (SHSE:603228), the current E10 is ¥1.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shenzhen Kinwong Electronic Co (SHSE:603228) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co stock appears to be overvalued. The current stock price of ¥75.32 is trading 112.7% above its estimated GF Value™ of ¥35.41. GuruFocus considers Shenzhen Kinwong Electronic Co to be Significantly Overvalued.

Key valuation signals for SHSE:603228:

  • E10: ¥1.15
  • GF Value™: ¥35.41 vs. price of ¥75.32 (112.7% above fair value)
  • GF Score™: 83/100 with 12 warning signs

No single metric tells the full story. See the SHSE:603228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Kinwong Electronic Co Business Description

Address No.166, Shuiku Road, Tiegang Village, Xixiang Town, Baoan District, Shenzhen, CHN, 518102
Shenzhen Kinwong Electronic Co Ltd is engaged in manufacturing and sale of Printed Circuit Boards (PCB). The group offers multi-layer PCB and flexible PCB. The products of the company are applied in consumer electronics, automotive, controller and equipment, network telecommunication and IT & PC peripheral. The firm has built a strategic partnership with global top brands such as Microsoft, Hitachi, Sanyo, Foxconn, Emerson, Honeywell, Logitech, and so on. Geographically operates through the Chinese market.
83GF Score

Get the complete analysis for SHSE:603228

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥75.32
Price
¥35.41
GF Value