000651:SZSEGree Electric Appliances, Inc. of Zhuhai Analysis

Gree Electric Appliances, Inc. of Zhuhai is priced at ¥38.98 and its moving averages line up in bullish order, the shorter sitting above the longer. It has lost 3.7% over the past 30 days. Relative strength is 40.4 — neutral — and the MACD signal is bearish. Watch ¥38.28 as support and ¥41.98 as the nearer resistance level.
On valuation the read is undervalued — an earnings multiple of 7.8, absent a reliable peer benchmark. Analyst price targets sit 14.7% above the current price. Revenue is contracting at 16.8% on a 17.1% profit margin. The 12.83% dividend yield looks covered by current payout levels.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 24.6%, a beta of -0.08 and a maximum drawdown of 11.3%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
All three time horizons resolve to buy, carrying 6/10 conviction.