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600406:SSENARI Technology Co., Ltd. Class A Analysis

Data as of 2026-09-08 - not real-time

CN¥22.41

Latest Price

4/10Risk

Risk Level: Medium

Executive Summary

NARI Technology Co., Ltd. is priced at ¥22.41 and its moving averages line up in bearish order, the shorter trailing the longer. Over a rolling month the price has lost 4.9%. Momentum indicators put RSI at 35.1 (approaching oversold) with MACD reading bearish. Price has been bracketed by support at ¥22.35 and resistance at ¥24.10.
The shares look undervalued, trading on 21.3 times earnings below a sector average of 28.4. Sell-side targets cluster 30.1% above the current quote. Revenue is growing at 18.6% on a 12.0% profit margin. The 2.74% dividend yield looks covered by current payout levels.
Risk scores 4 out of 10, which is moderate for this asset class. With 30-day volatility of 18.4%, a beta of 0.21 and a maximum drawdown of 31.2%, position sizing matters here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — hold in the near term, buy further out, at 4/10 long-term conviction.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 24.70
  • MACD momentum is negative

Medium Term

1–3 years
Neutral
Model confidence: 1/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • P/E of 21.3 versus sector average of 28.4
  • Trading below the 200-day average of 24.70

Long Term

> 3 years
Positive
Model confidence: 4/10

Key Factors

  • P/E of 21.3 versus sector average of 28.4
  • Analyst targets imply +30.1% versus the current price
  • Revenue growth of +18.6%

Key Metrics & Analysis

Financial Health

Revenue Growth18.60%
Profit Margin12.04%
P/E Ratio21.3
ROE16.65%
ROA6.49%
Debt/Equity1.05
P/B Ratio3.4
Op. Cash FlowCN¥10.6B
Free Cash FlowCN¥-66888232
Industry P/E28.4

Technical Analysis

TrendBearish
RSI35.1
SupportCN¥22.35
ResistanceCN¥24.10
MA 20CN¥23.13
MA 50CN¥23.27
MA 200CN¥24.70
MACDBearish
VolumeDecreasing
Fear & Greed Index93.5

Valuation

Fair ValueCN¥27.58
Target PriceCN¥29.15
Upside/Downside30.06%
GradeUndervalued
TypeBlend
Dividend Yield2.74%

Risk Assessment

Beta0.21
Volatility18.38%
Sector RiskMedium
Reg. RiskMedium
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.