TacticScaleWhat Ningbo Sanxing Medical Electric (三星电气) Does & How It Makes Money (601567.SS)
Updated October 2026 · reflects Ningbo Sanxing Medical Electric's latest reported financials
Chinese maker of smart electricity meters, EV chargers, and grid solutions. It earns most of its revenue by selling meters, data collection hardware, communication modules, and EV chargers, often packaged as metering or charging solutions for utilities and grid operators.
How Ningbo Sanxing Medical Electric makes money
It earns most of its revenue by selling meters, data collection hardware, communication modules, and EV chargers, often packaged as metering or charging solutions for utilities and grid operators. It also earns income from financial leasing, consulting, and medical services.
What Ningbo Sanxing Medical Electric does
Ningbo Sanxing Medical Electric, founded in 1986 in Ningbo, China, makes power distribution and metering equipment for customers in China and abroad. Its range covers prepaid, ANSI, classical, photovoltaic, and smart meters, plus data concentrator units, communication modules, and gateways that connect meters to utility networks. It sells full systems as well, such as SanPlat AMI and smart prepayment, Wi-SUN networks, and FDM solutions. The company also makes DC and AC electric vehicle chargers and offers charging-station and dynamic load balancing solutions. Outside its core electrical business, it provides financial leasing, consulting, and medical services. It adopted its current name in October 2015 to reflect that medical business.
Products & services
- Smart, prepaid, and ANSI electricity meters
- SanPlat AMI and smart prepayment solutions
- Wi-SUN smart metering network solution
- Data concentrator units and communication modules
- DC and AC EV chargers
- Charging station and dynamic load balance solutions
三星电气是做什么的？
三星医疗（宁波三星医疗电气股份有限公司）成立于1986年，总部位于浙江宁波，面向国内外市场生产和销售配电及电能计量设备。产品包括预付费、ANSI、传统、光伏和智能电表，以及数据集中器、通信模块和网关等采集通信设备。公司还提供SanPlat品牌的AMI和智能预付费方案、Wi-SUN组网方案和FDM方案。 公司同时生产直流和交流充电桩，并提供充电站和动态负载均衡方案。除电气主业外，公司还经营融资租赁、咨询和医疗服务，并于2015年10月由宁波三星电气股份有限公司更名为现名。
What is Ningbo Sanxing Medical Electric worth?
On an owner-earnings DCF, Ningbo Sanxing Medical Electric's most-likely value is about ¥12 versus a recent price near ¥13 (15% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥6) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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