Shenzhen Kinwong Electronic Co (SHSE:603228) EV-to-FCF: -40.75 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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 EV-to-FCF?

Shenzhen Kinwong Electronic Co SHSE:603228 +1.99% 83 EV-to-FCF is -40.75 as of Jul. 29, 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. Among 1,320 Hardware companies, Shenzhen Kinwong Electronic Co ranks worse than 75757.5% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shenzhen Kinwong Electronic Co's Enterprise Value is ¥73,697 Mil. Shenzhen Kinwong Electronic Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-1,809 Mil. Therefore, Shenzhen Kinwong Electronic Co's EV-to-FCF for today is -40.75.

The historical rank and industry rank for Shenzhen Kinwong Electronic Co's EV-to-FCF or its related term are showing as below:

SHSE:603228' s EV-to-FCF Range Over the Past 10 Years
Min: -2016.6   Med: 33.36   Max: 714.61
Current: -40.75

During the past 13 years, the highest EV-to-FCF of Shenzhen Kinwong Electronic Co was 714.61. The lowest was -2016.60. And the median was 33.36.

SHSE:603228's EV-to-FCF is ranked worse than
100% of 1320 companies
in the Hardware industry
Industry Median: 21.655 vs SHSE:603228: -40.75

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-29), Shenzhen Kinwong Electronic Co's stock price is ¥75.32. Shenzhen Kinwong Electronic Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1.130. Therefore, Shenzhen Kinwong Electronic Co's PE Ratio (TTM) for today is 66.65.


Shenzhen Kinwong Electronic Co  (SHSE:603228) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Shenzhen Kinwong Electronic Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=75.32/1.130
=66.65

Shenzhen Kinwong Electronic Co's share price for today is ¥75.32.
Shenzhen Kinwong Electronic Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1.130.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Shenzhen Kinwong Electronic Co EV-to-FCF Related Terms


Shenzhen Kinwong Electronic Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Shenzhen Kinwong Electronic Co's EV-to-FCF 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 EV-to-FCF Chart

Shenzhen Kinwong Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.90 -54.80 30.16 57.21 -85.83

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
EV-to-FCF 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 82.74 -205.48 -151.58 -85.83 -31.17

SHSE:603228 vs APH, GLW, TEL: EV-to-FCF Comparison

For the Electronic Components subindustry, Shenzhen Kinwong Electronic Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Kinwong Electronic Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Kinwong Electronic Co's EV-to-FCF falls into.


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

Shenzhen Kinwong Electronic Co EV-to-FCF Calculation

Shenzhen Kinwong Electronic Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=73696.898/-1808.59
=-40.75

Shenzhen Kinwong Electronic Co's current Enterprise Value is ¥73,697 Mil.
Shenzhen Kinwong Electronic Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,809 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -40.75 mean?
Shenzhen Kinwong Electronic Co (SHSE:603228) has a EV-to-FCF of -40.75 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shenzhen Kinwong Electronic Co and its competitors. According to the industry distribution chart, Shenzhen Kinwong Electronic Co ranks #999999 out of 1320 companies in the Hardware industry.
Is Shenzhen Kinwong Electronic Co's EV-to-FCF too high?
Shenzhen Kinwong Electronic Co's current EV-to-FCF is -40.75. Based on the distribution chart, Shenzhen Kinwong Electronic Co ranks #999999 out of 1320 companies in the Hardware industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Kinwong Electronic Co ranks #999999 out of 1320 companies for EV-to-FCF. This places Shenzhen Kinwong Electronic Co in the lower half of its industry. The industry median EV-to-FCF is 21.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 21.66, based on 1,320 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shenzhen Kinwong Electronic Co and its competitors. For the Hardware industry, the median EV-to-FCF is 21.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kinwong Electronic Co's current EV-to-FCF is -40.75. 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 EV-to-FCF is -40.75. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Shenzhen Kinwong Electronic Co (SHSE:603228), the current EV-to-FCF is -40.75 as of Jul. 29, 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:

  • EV-to-FCF: -40.75
  • 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

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

¥75.32
Price
¥35.41
GF Value