investorscraft@gmail.com

Stock Analysis & ValuationShenZhen Click Technology Co.,LTD. (002782.SZ)

Professional Stock Screener
Previous Close
$23.88
Sector Valuation Confidence Level
Moderate
Valuation methodValue, $Upside, %
Artificial intelligence (AI)29.9225
Intrinsic value (DCF)465.331849
Graham-Dodd Method4.93-79
Graham Formula4.10-83

Strategic Investment Analysis

Company Overview

Shenzhen Click Technology Co., Ltd. is a prominent Chinese industrial technology company specializing in power supply solutions with a 25+ year legacy since its 1995 founding. Headquartered in Shenzhen's technology hub, the company designs, manufactures, and services a comprehensive portfolio of power products including LED lighting power supplies, communication power systems, electric vehicle chargers, charging piles, inverters, and magnetic components. Operating within the Electrical Equipment & Parts industry under the Industrials sector, Click Technology serves both domestic Chinese markets and international clients across Europe, the United States, Australia, South America, and Asia. The company's diversified product range positions it at the intersection of multiple growth sectors including renewable energy, electric vehicle infrastructure, telecommunications, and industrial automation. With manufacturing expertise and global distribution capabilities, Shenzhen Click Technology leverages China's manufacturing ecosystem while maintaining international quality standards. The company's strategic focus on power conversion technologies makes it a key player in the global transition toward energy-efficient solutions and electrification infrastructure.

Investment Summary

Shenzhen Click Technology presents a mixed investment profile with moderate growth potential tempered by competitive pressures. The company demonstrates reasonable financial health with a market capitalization of approximately ¥8.2 billion and modest revenue of ¥4.7 billion. While the net income margin of approximately 4.9% indicates operational efficiency, the company operates in a highly competitive power supply market with thin margins. The positive operating cash flow of ¥476 million and manageable debt level of ¥75 million provide financial stability, though the dividend yield appears conservative. The beta of 0.677 suggests lower volatility than the broader market, potentially appealing to risk-averse investors. Key risks include intense competition in the Chinese power supply sector, potential margin compression, and dependence on the cyclical industrial equipment market. Growth catalysts include China's EV infrastructure expansion and global renewable energy transitions, though execution risks remain significant in this crowded space.

Competitive Analysis

Shenzhen Click Technology operates in the highly fragmented and competitive power supply equipment market, where it faces pressure from both large-scale integrated manufacturers and specialized niche players. The company's competitive positioning is characterized by its diversified product portfolio spanning LED power supplies, communication power systems, and emerging EV charging infrastructure. This diversification provides some insulation against sector-specific downturns but also spreads resources thin across multiple competitive fronts. Click Technology's primary competitive advantages include its 25+ years of industry experience, established manufacturing capabilities in Shenzhen's technology ecosystem, and existing international distribution channels. However, the company faces significant challenges from larger competitors with greater R&D budgets and economies of scale. In the LED power supply segment, Click competes against specialized manufacturers who may offer more advanced or cost-effective solutions. In the growing EV charging market, the company confronts well-capitalized competitors with stronger brand recognition and technological partnerships. The communication power supply segment is particularly competitive, dominated by established players with long-standing telecom industry relationships. Click's moderate scale limits its ability to compete on price against mass producers while constraining R&D investment compared to technology leaders. The company's international presence provides some geographic diversification but exposes it to trade tensions and currency fluctuations. Overall, Click Technology occupies a middle-market position without clear dominance in any particular product category, requiring strategic focus to differentiate in an increasingly specialized industry.

Major Competitors

  • Shenzhen Jialiancha Electronics Co., Ltd. (300317.SZ): Jialiancha is a direct competitor in LED driver and power supply markets with strong domestic presence. The company benefits from vertical integration and cost advantages but faces similar margin pressures in the competitive Chinese market. Compared to Click Technology, Jialiancha may have stronger focus on consumer electronics power supplies, creating both overlap and differentiation in their product portfolios.
  • Shenzhen Sunlord Electronics Co., Ltd. (300582.SZ): Sunlord Electronics specializes in magnetic components and power supplies with significant scale advantages. The company has stronger R&D capabilities and broader international customer base, particularly in automotive electronics. While overlapping with Click's magnetic components business, Sunlord's automotive focus gives it distinct market positioning with potentially higher growth prospects in EV-related applications.
  • Suzhou Recodeal Interconnect System Co., Ltd. (688800.SH): Recodeal competes in communication power systems and EV charging infrastructure with technological sophistication. The company benefits from strategic partnerships in telecom and automotive sectors but may have higher cost structure. Compared to Click Technology, Recodeal appears more focused on high-value segments with potentially better margins but also faces stiffer competition from international players.
  • Shenzhen Shengheng Electronics Co., Ltd. (300693.SZ): Shengheng Electronics is a specialized power supply manufacturer with strong export orientation. The company has established relationships with international brands but may be more vulnerable to trade disruptions. Compared to Click's diversified approach, Shengheng appears more focused on specific power supply categories, potentially allowing for deeper expertise but less business stability through diversification.
  • Shenzhen Colibri Technologies Co., Ltd. (002335.SZ): Colibri Technologies competes in industrial power supplies and automation components with stronger technological capabilities. The company has better integration with industrial automation systems but may have higher price points. Compared to Click Technology, Colibri appears positioned in more specialized industrial segments with potentially stronger customer loyalty but narrower market reach.
HomeMenuAccount