Zhejiang Leapmotor Technology (SEHK:9863) Could Be 40% Undervalued If Margin Gains Hold
Simply Wall St
Sun, August 16, 2026 at 8:40 PM GMT+5:30
3 min read
- 9863.HK
-0.30%
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE
Recent Share Price Context for Zhejiang Leapmotor Technology
Zhejiang Leapmotor Technology (SEHK:9863) has drawn investor attention after recent share price moves, with the stock last closing at HK$40.06. Short term trading performance has varied across the past week, month and past 3 months
For Zhejiang Leapmotor Technology, the recent 7 day share price return of 2.51% and 30 day share price return of 7.57% sit against a weaker backdrop, with the year to date share price return down 19.17% and the 1 year total shareholder return down 38.75%. This points to near term momentum building after a tougher period for longer term holders
If you are comparing Zhejiang Leapmotor Technology with other opportunities in the sector, this is a useful moment to broaden your watchlist and check out <a href="https://simplywall.st/discover/investing-ideas/473746/robotics-andamp-automation-stocks/global?utm_medium=finance_user&utm_campaign=cta_screener_robotics&utm_source=yahoo&blueprint=4712463" rel="nofollow noopener" target=”_blank”>37 robotics and automation stocks
The recent rebound in Zhejiang Leapmotor Technology sits against a wide gap between the HK$40.06 share price and both analyst and intrinsic value estimates. Where does fair value really land within that spread for you?
Most Popular Narrative: 39.8% Undervalued
On the most followed view of Zhejiang Leapmotor Technology, a fair value of about HK$66.50 sits well above the last close at HK$40.06. The gap is built on a detailed story about future revenue scale, earnings power and what investors might pay for those profits
Scaling production, deeper vertical integration, and optimized cost management (now showing 14%+ GP margin, targeting 15%) are driving sustained improvements in gross profit margin and operational leverage, creating conditions for higher earnings and robust net margin recovery
Want to see what is behind that confidence in Zhejiang Leapmotor Technology? The narrative leans on sharp revenue growth, rising margins and a future earnings multiple that does a lot of heavy lifting
The fair value narrative for Zhejiang Leapmotor Technology also spells out explicit assumptions on future earnings, revenue and discount rate. Analysts in this narrative are working with revenue growth, profitability and valuation multiples that you can compare with your own expectations to judge whether HK$66.50 feels realistic or not. Result: Fair Value of HK$66.50 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts

