The Discounted Cash Flow (DCF) valuation of Wuxi Longsheng Technology Co Ltd (300680.SZ) is 25.80 CNY. With the latest stock price at 35.20 CNY, the upside of Wuxi Longsheng Technology Co Ltd based on DCF is -26.7%.

Is 300680.SZ a buy or a sell?

Based on the latest price of 35.20 CNY and our DCF valuation, Wuxi Longsheng Technology Co Ltd (300680.SZ) is a sell. Selling 300680.SZ stocks now will result in a potential gain of 26.7%.

	Range	Selected
WACC / Discount Rate	9.6% - 12.0%	10.8%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	17.86 - 41.49	25.80
Upside	-49.3% - 17.9%	-26.7%

35.20 CNY

Stock Price

25.80 CNY

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

300680.SZ DCF Valuation: Revenue & Expenses Forecast

(CNY in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	2,397	3,555	4,461	4,544	5,671	6,928
% Growth	31%	48%	25%	2%	25%	22%

Cost of goods sold	(1,977)	(2,786)	(3,321)	(3,214)	(3,810)	(4,422)
% of Revenue	82%	78%	74%	71%	67%	64%

Selling, G&A expenses	(105)	(155)	(195)	(198)	(248)	(302)
% of Revenue	4%	4%	4%	4%	4%	4%

Research & Development	(80)	(118)	(148)	(151)	(188)	(230)
% of Revenue	3%	3%	3%	3%	3%	3%

Net interest & other expenses	23	33	42	43	53	65
% of Revenue	1%	1%	1%	1%	1%	1%

Tax expense	(29)	(58)	(93)	(113)	(163)	(225)
Tax rate	11%	11%	11%	11%	11%	11%

Net profit	230	471	746	911	1,315	1,813
% Margin	10%	13%	17%	20%	23%	26%