| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 26.97 | 285 |
| Intrinsic value (DCF) | 2.91 | -58 |
| Graham-Dodd Method | 0.40 | -94 |
| Graham Formula | n/a |
Leyard Optoelectronic Co., Ltd. is a leading Chinese audio-visual technology company specializing in innovative LED display solutions. Founded in 1995 and headquartered in Beijing, Leyard has established itself as a global player in the visual technology hardware sector. The company's diverse product portfolio includes small pitch LED displays, conventional LED screens, advertising displays, folding screens, mobile car LED displays, spherical screens, rotating screens, and transparent screens. Leyard also offers motion capture products and software solutions, catering to various industries including entertainment, corporate, retail, and events. As a technology equipment provider, Leyard serves clients worldwide with cutting-edge visual solutions that transform how information and entertainment are displayed. The company's expertise in LED technology positions it at the forefront of the growing digital display market, particularly as demand for high-resolution, energy-efficient visual solutions continues to expand across commercial and entertainment applications globally.
Leyard presents a mixed investment profile with significant challenges in the current fiscal period. The company reported a substantial net loss of -CNY 889 million despite generating CNY 7.15 billion in revenue, indicating profitability concerns. While the company maintains a strong cash position of CNY 2.64 billion and positive operating cash flow of CNY 668 million, the negative EPS of -0.35 raises concerns about operational efficiency. The beta of 1.22 suggests higher volatility than the market average, which may appeal to risk-tolerant investors seeking exposure to the growing LED display market. The modest dividend of CNY 0.10 per share provides some income, but investors should carefully monitor the company's ability to return to profitability and manage its debt load of CNY 566 million in a competitive technology hardware landscape.
Leyard operates in the highly competitive global LED display market, where it faces pressure from both domestic Chinese manufacturers and international technology giants. The company's competitive positioning relies on its comprehensive product portfolio and technological expertise in various LED display formats, particularly in specialized applications like transparent screens and motion capture solutions. Leyard's strength lies in its vertical integration and ability to offer customized solutions for diverse client needs across multiple industries. However, the company faces intense price competition in the standardized LED display segment, which may explain its current profitability challenges. The LED display industry is characterized by rapid technological innovation, requiring continuous R&D investment to maintain competitive advantage. Leyard's presence in both domestic and international markets provides diversification benefits but also exposes it to global supply chain dynamics and currency fluctuations. The company's ability to differentiate through proprietary technology and value-added services will be crucial for maintaining market share against competitors with larger scale and stronger financial resources. The current negative net income suggests operational inefficiencies or competitive pressures that need addressing to improve long-term sustainability.