Zhejiang Leapmotor Technology stock
9863.HKHKSEZhejiang Leapmotor Technology Co., Ltd., Consumer CyclicalISIN CNE100005K77
36Score 36 out of 100, Weak
Price and trend
32 / 100
Price history
−46% in one yearThe chart shows daily closes over 4 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 23% below it.
Since December 2025 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 41).
The price is 46% below its 52-week high. Largest decline in 4 years: 59% (July 2023 to August 2024).
Chart figures for advanced users
- SMA 50$4.40
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$5.13
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)41
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.95
- The lowest closing price of the last twelve months.
- Resistance$7.38
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Zhejiang Leapmotor Technology Co., Ltd. belongs to the Auto (Manufacturers) industry (China) and, with a market value of $5.62B, is number 46 of 55 companies in its industry on MEQIRI.
- MEQIRI Score 36 out of 100 (Weak): rank 568 of 596 in Consumer Cyclical, median 61.
- The P/E is 52.8 (Auto (Manufacturers) median 22.6, own median of recent years 114.9).
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- Our model puts fair value at $14.17, with the price 72% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 152.5% a year since 2020, Auto (Manufacturers) median 13.8%.Growth 70
- Earnings turn into cashFree cash flow above 500% of earnings over the last 12 months.
- More cash than debtCash $3.88B, financial debt $600.75M.
Weaknesses
- DilutionShare count up 22% since 2020.Capital allocation 25
- Share price fell sharplyDown 45% over the last 12 months.Momentum 13
- Volatile share priceVolatility 48% a year over the last 12 months.Stability 43
Its standout strength is growth, while fundamentals and momentum hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Possible value trapIn our model the price counts as cheap below $10.12 and expensive above $23.61 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $26.64 (cash-flow model) and $1.69 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.7%. At 8.7% the fair value would be $12.91, at 6.7% it would be $15.93.
Possible value trap: looks cheap, but score below 50, weak balance sheet.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (22.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 65.2% on the twelve months before. Revenue has grown strongly since 2019, at around 187% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 15%, operating 0%, net 1%.
Debt & balance sheet
latest quarterDebt is low, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 23 Mar 2027in 130 days
- Last reported
- 24 Aug 2026EPS reported 0.17 (expected 0.06)above expectations
Analyst estimates
Earnings estimates have barely changed since 26 Oct 2026.
- Earnings per share
- 1.86−2.2%
- Revenue
- $15.83B+0.2%
- Earnings per share
- 3.53−1.5%
- Revenue
- $20.72B+0.2%
MEQIRI has stored the estimates since 26 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Zhejiang Leapmotor Technology
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
596 rated companies in Consumer Cyclical
- This company
- 36
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Auto (Manufacturers)
The next larger and next smaller companies by market value
- Guangzhou Automobile Group601238.SS $7.32B33
- VinFast AutoVFS $7.16B34
- Anhui Jianghuai Automobile Group Corp.,Ltd.600418.SS $6.44B24
- Nissan Motor7201.T $5.85B37
- ARCHION543A.T $5.26B57
- Iveco GroupIVG.MI $4.25B44
- Volvo Car AB (publ.)VOLCAR-B.ST $3.44B38
- Harley-DavidsonHOG $3.28B58
ETFs that hold Zhejiang Leapmotor Technology
Held by 56 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco Global Clean Energy UCITS ETF AccumUSDG1CE | 0.90% | 0.60% | €88.94M |
| iShares Electric Vehicles and Driving Technology UCITS ETFIEVD | 0.45% | 0.40% | €501.05M |
| UBS Solactive China Technology UCITS ETF USD accUIC2 | 0.42% | 0.47% | €254.2M |
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| Amundi MSCI China ESG Selection Extra UCITS ETF DistLHKG | 0.18% | 0.65% | €564.13M |
| UBS MSCI China Universal UCITS ETF USD disUETC | 0.15% | 0.30% | €132.6M |
| Amundi MSCI Smart Mobility UCITS ETF AccELCR | 0.14% | 0.45% | €144.9M |
| Deka MSCI China ex A Shares UCITS ETFEL46 | 0.11% | 0.65% | €73.86M |
| iShares MSCI EM Consumer Growth UCITS ETFCEMG | 0.11% | 0.60% | €31.52M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782, $1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Oct 2023)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.