TacticScale

What Qingdao TGOOD Electric (特锐德) Does & How It Makes Money (300001.SZ)

Updated October 2026 · reflects Qingdao TGOOD Electric's latest reported financials

Chinese maker of power equipment and operator of EV charging networks. It mainly earns money by selling and delivering power equipment and integrated electrical solutions to utilities, renewable energy and industrial customers.

Qingdao TGOOD Electric's story, moat and numbers — in a 3-minute visual book.

Explore Qingdao TGOOD Electric on TacticScale →

How Qingdao TGOOD Electric makes money

It mainly earns money by selling and delivering power equipment and integrated electrical solutions to utilities, renewable energy and industrial customers. It also earns revenue from its EV charging network, plus smaller lines such as leasing, charging module maintenance, cloud platform services, and consulting.

What Qingdao TGOOD Electric does

Qingdao TGOOD Electric, founded in 2004 and based in Qingdao, makes electrical equipment for power distribution. Its products span high, medium and low voltage equipment, oil- and dry-type transformers, and prefabricated, mobile trailer and skid substations. It sells complete power solutions to renewable energy, utility, rail transport, oil and gas, mining, microgrid, data center, and industrial park customers in China and other countries. The company also builds and operates EV charging networks and makes related products such as smart microgrid carports. Around these two core businesses it runs smaller lines, including integrated leasing, charging module maintenance, a cloud platform, tourism management, and consulting services.

Products & services

特锐德是做什么的?

青岛特锐德电气股份有限公司成立于2004年,总部在青岛,主要生产输配电设备。产品包括高、中、低压电气设备,油浸式和干式变压器,以及预制式、移动车载式和撬装式变电站。公司为国内外的新能源、电网、轨道交通、油气、矿山、微电网、数据中心和产业园区等客户提供电力整体解决方案。 公司还建设和运营电动汽车充电网络,并提供智能微网车棚等相关产品。除了这两项主业,公司还做综合租赁、充电模块维护、云平台、旅游管理和咨询服务等业务。

What is Qingdao TGOOD Electric worth?

On an owner-earnings DCF, Qingdao TGOOD Electric's most-likely value is about ¥28 versus a recent price near ¥33 (19% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥12) 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.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ ¥33
Fair value (most likely)
¥28
Range
¥18–¥41
No-growth floor
¥12
Price
~¥33

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 →

Sector Industrials Industry Electrical Equipment & Parts HQ China Ticker 300001.SZ Official site

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