Chengdu Fusen Noble-House Industrial Co.,Ltd. (002818.SZ)

Chengdu Fusen Noble-House Industrial Co.,Ltd. (002818.SZ) — VMCI valuation read

Chengdu Fusen Noble-House Industrial Co.,Ltd. sits at VMCI 61/100, with the Consumer Cyclical sector median at 50. That 11-point spread is the first thing to note on 002818.SZ: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 002818.SZ are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 002818.SZ: 002818.SZ trades at 18.0x earnings, 0% above the Consumer Cyclical median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Consumer Cyclical median (10.0%). The Risk read: net debt to EBITDA of -1.1x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

002818.SZ fell 1.2% over the trailing 7 days, with a -19.7% read on a 30-day basis.