Jinpan International is Over 75% Cheaper Than Every Comparable China-Listed Company

• China-based electrical equipment maker Jinpan International’s CEO recently offered to buy all publicly held shares for $4.50, a small premium to their market price, but well below their fair value
• The company is currently forecasting record sales for 2015 and had a record high order backlog at 6/30/15 despite weak end market conditions
• Stock valuation (and buyout offer) is at a small fraction of comparable China-listed companies despite similar scale and operating performance

This report will cover major developments since my 7/1/15 article (Jinpan Is Over 80% Cheaper Than Comparable China-Listed Companies):

• Updated valuations after the China market crash and 2Q results
• New buyout offer
• Recent trends in key end-markets
• Risks and possibilities

Full Report:Jinpan International 102315 Koneko