Jiangsu Eastern Shenghong Co., Ltd. (000301.SZ)

Jiangsu Eastern Shenghong Co., Ltd. (000301.SZ) — VMCI valuation read

Headline read on 000301.SZ: VMCI of 43/100 versus a Consumer Cyclical sector median of 50. The 8-point below-median position is what makes Jiangsu Eastern Shenghong Co., Ltd. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 000301.SZ: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 000301.SZ: value (000301.SZ trades at 19.0x earnings, 6% above the Consumer Cyclical median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -2.2x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

000301.SZ fell 1.8% over the trailing 7 days, with a -23.7% read on a 30-day basis.