Shandong Swan Cotton (603029) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Shandong Swan Cotton stock ¥5.81, price ¥15.67, that is 62.9% below the price, quality 52 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Shandong Swan Cotton
603029 · SHGOur calculation puts a fair price 63% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range ¥8.81 – ¥32.97 · fair‑value band ¥5.60 – ¥7.29 · the ¥15.67 price screens above the ¥5.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Every Wednesday you see whether Shandong Swan Cotton is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. engages in the research and development, production, marketing, and sale of cotton processing equipment in China.
Show moreShow less
The company offers cotton ginning; seed cotton cleaning machines; dust removal drying, humidification, and intelligent processing systems; saw blade processing equipment; cotton bale automation series; and harvesting machines.
It provides cotton harvesting machinery; grain harvesting; fruit harvesting machinery, including self-propelled tomato harvester; other agricultural machinery products mainly include grain drying and straw baling products; cotton processing machinery products that includes ginning equipment, delinting equipment, and auxiliary equipment; and auxiliary equipment, including dust removal, drying, lifting, cotton collection, auger, bale stacking, and bundling equipment.
In addition, the company offers accessories and support products, such as ginning and stripping saw blades, U-shaped racks and rollers, brush rollers, spacers, and shell rib rows, as well as provides pre-sales and after-sales services. It also exports its products worldwide.
The company was founded in 1946 and is headquartered in Jinan, China.
Stock analysis
Shandong Swan Cotton (603029) currently trades at ¥15.67, while our model-based Fair Value estimate is ¥5.81, 63% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥17.94 per share, and 5 of the 17 models we run sit above the ¥15.67 price.
Bear case: the Dividend Discount group reads lowest at ¥2.00, and 12 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥5.60 (bear) to ¥7.29 (bull), the price of ¥15.67 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Shandong Swan Cotton reported revenue of 959M CNY in FY2025 versus 522M CNY in FY2021, a compound +16.4%/yr. Reported net income was 74.6M CNY in FY2025, compounding +19.9%/yr from FY2021.
Key figures
Market cap 1.9B CNY (≈ $285M) Micro · P/E ratio 24.9 · P/S ratio 1.90 · EPS (TTM) ¥0.6300 · Dividend yield 1.2% · Net margin 7.6% · Return on equity 8.2% · Return on assets (EBIT) 3.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −63%, 603029 screens richer than that median.
Fair Value models
All 17 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
603029 screens overvalued: fair value 63% below the price. Compare with SIE →
Compare Shandong Swan Cotton with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Industrial Machinery · 810 stocks
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Industrials
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Cummins Inc CMI | $450.07 | $359.36 | −20% | vs 603029 |
| SIE SIE | €271.00 | €149.56 | −45% | vs 603029 |
| AMETEK, Inc AME | $228.67 | $125.74 | −45% | vs 603029 |
| Illinois Tool Works Inc ITW | $280.95 | $154.30 | −45% | vs 603029 |
| Sandvik AB SAND | kr 357.40 | kr 194.33 | −46% | vs 603029 |
| Parker-Hannifin Corporation PH | $917.79 | $492.92 | −46% | vs 603029 |
| Rockwell Automation, Inc ROK | $375.86 | $186.75 | −50% | vs 603029 |
| Emerson Electric Co EMR | $162.35 | $79.99 | −51% | vs 603029 |
| Eaton Corporation ETN | $341.72 | $156.90 | −54% | vs 603029 |
| GE Vernova Inc GEV | $774.11 | $143.50 | −81% | vs 603029 |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Shandong Swan Cotton (603029) overvalued or undervalued?
What is the fair value of 603029?
What is the quality score of 603029?
What is the price target for Shandong Swan Cotton (603029)?
What is the Shandong Swan Cotton stock forecast for 2026?
What is the revenue of Shandong Swan Cotton (603029)?
Does Shandong Swan Cotton pay a dividend?
How much is the dividend of Shandong Swan Cotton (603029) and when is the ex-dividend date?
What is the intrinsic value of Shandong Swan Cotton (603029)?
Is Shandong Swan Cotton stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 603029?
How much is Shandong Swan Cotton worth?
What do the bullish and bearish scenarios say about 603029?
What is the P/E ratio of 603029?
How solid is the balance sheet of Shandong Swan Cotton (603029)?
How far is 603029 from its 52-week high?
Which stocks are comparable to Shandong Swan Cotton?
Is Shandong Swan Cotton stock attractive at the current price?
How is the fair value of 603029 calculated?
Is it still worth investing in stocks now?
What is the share price of Shandong Swan Cotton (603029)?
What should I pay attention to with Shandong Swan Cotton right now?
Where does the earnings growth of Shandong Swan Cotton (603029) come from?
Key figures of Shandong Swan Cotton
How large is the market capitalisation of Shandong Swan Cotton (603029)?
What is the P/S ratio of Shandong Swan Cotton (603029)?
What are the earnings per share of Shandong Swan Cotton (603029)?
What is the dividend yield of Shandong Swan Cotton (603029)?
What is the net margin of Shandong Swan Cotton (603029)?
What is the return on equity of Shandong Swan Cotton (603029)?
What is the EBIT return on assets of Shandong Swan Cotton (603029)?
What is the operating margin of Shandong Swan Cotton (603029)?
How fast is revenue growing at Shandong Swan Cotton (603029)?
How fast are earnings growing at Shandong Swan Cotton (603029)?
How much free cash flow does Shandong Swan Cotton (603029) generate?
How much net cash does Shandong Swan Cotton (603029) hold?
Watch Shandong Swan Cotton in the live analysis
One click puts Shandong Swan Cotton on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.