Shenzhen Vmax New Energy (Group)688612.SHValuation Analysis

As of Oct 19, 2026, Shenzhen Vmax New Energy (Group) (688612.SH) trades at a P/E of 20.60x, P/B of 3.28x, P/S of 2.05x, and a dividend yield of 2.34%.
Longitudinal percentile comparison: P/E sits at the 9th percentile over the trailing 10Y window (vs. 10th percentile over 3Y); P/B sits at the 21st percentile over the trailing 10Y window (vs. 23rd percentile over 3Y); P/S sits at the 34th percentile over the trailing 10Y window (vs. 37th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 22nd percentile within its industry and the 26th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.72%, ranking at the 93rd percentile over the trailing 20Y window.
The P/E and P/B long-window percentiles differ by only 11.7 points, pointing to a consistent valuation read across both metrics. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Breaking down the total shareholder yield: 2.34% comes from cash dividends, with an implied ~0.38% from buybacks — a fairly balanced mix of both channels. Shenzhen Vmax New Energy (Group) operates in the Power Equipment and New Energy sector. Data refreshes weekly and is for reference only, not investment advice.