ZhongWang Fabric Co. Ltd. (605003) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ZhongWang Fabric Co. Ltd. stock ¥9.85, price ¥22.70, that is 56.6% below the price, quality 51 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ¥12.34 – ¥36.11 · fair‑value band ¥8.87 – ¥10.29 · the ¥22.70 price screens above the ¥9.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Zhong Wang Fabric Co.,Ltd. engages in the research, development, design, production, and sales of medium and high-end decorative fabrics and products in China. The company offers various decorative fabrics and sofa covers products.
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It provides its products under the Z-WOVENS, Sunbelievable, Neverfear, Z-free, and Z-cycle brands in the United States. Zhong Wang Fabric Co.,Ltd. was founded in 1994 and is based in Hangzhou, China.
Stock analysis
ZhongWang Fabric Co. Ltd. (605003) currently trades at ¥22.70, while our model-based Fair Value estimate is ¥9.85, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥14.99 per share, and 1 of the 16 models we run sit above the ¥22.70 price.
Bear case: the Asset-Based group reads lowest at ¥2.99, and 15 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥8.87 (bear) to ¥10.29 (bull), the price of ¥22.70 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 51/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
ZhongWang Fabric Co. Ltd. reported revenue of 541M CNY in FY2025 versus 587M CNY in FY2021, a compound −2.0%/yr. Reported net income was 72.5M CNY in FY2025, compounding −16.2%/yr from FY2021.
Key figures
Market cap 2.7B CNY (≈ $408M) Small · P/E ratio 36.6 · P/S ratio 4.86 · EPS (TTM) ¥0.6200 · Dividend yield 2.2% · Net margin 12.2% · Return on equity 4.8% · Return on assets (EBIT) 11.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −8% fair-value upside, at −57%, 605003 screens richer than that median.
Fair Value models
Bear¥8.87Fair Value ¥9.85Bull¥10.29
Price ¥22.70 · Downside -56.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.1029 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.22/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−1.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.8%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−13.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.2%
Dividend (yield on the price)2.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−15.2% vs −4.2%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.33% → 14%
Compare ZhongWang Fabric Co. Ltd. with another stock
Price, fair value, quality and upside side by side.
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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.Textile Manufacturing · 338 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−56.6% · Below median
Profitability
Return on equity (12 months)4.8% · Above median
Return on assets4.5% · Above median
Net margin (12 months)12.2% · Top 25%
Operating margin (12 months)12.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)16.1% · Above median
Dividend yield (12 months)2.2% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
P/E (12 months)36.6× · Pricier than median
P/B1.87× · Priciest 25%
P/S (12 months)4.86× · Priciest 25%
EV/EBITDA20.3× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)81· sector 37
PAST (return on equity)19· sector 18
HEALTH (low debt)100· sector 95
DIVIDEND (yield)44· sector 37
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is ZhongWang Fabric Co. Ltd. (605003) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥9.85 versus a price of ¥22.70, about 57% lower (overvalued).
What is the fair value of 605003?
Our model-based fair value for ZhongWang Fabric Co. Ltd. is ¥9.85 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥22.70.
What is the quality score of 605003?
ZhongWang Fabric Co. Ltd. has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ZhongWang Fabric Co. Ltd. (605003)?
Our model-based price target is the fair value of ¥9.85 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario ¥8.87, optimistic scenario ¥10.29. It is a calculation from audited fundamentals, not an analyst target.
What is the ZhongWang Fabric Co. Ltd. stock forecast for 2026?
Our models put fair value at ¥9.85, about 57% lower versus a price of ¥22.70 (overvalued). Cautious scenario ¥8.87, optimistic scenario ¥10.29. The calculation is refreshed regularly with new filings.
What is the revenue of ZhongWang Fabric Co. Ltd. (605003)?
ZhongWang Fabric Co. Ltd. reported trailing-twelve-month revenue of about 561M CNY (latest available figure, as of Nov 8, 2026).
Does ZhongWang Fabric Co. Ltd. pay a dividend?
ZhongWang Fabric Co. Ltd. currently shows a dividend yield of 2.20% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of ZhongWang Fabric Co. Ltd. (605003) and when is the ex-dividend date?
ZhongWang Fabric Co. Ltd. pays a dividend of ¥0.5 per share a year, a dividend yield of 2.2%. The last ex-dividend date was Jun 18, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 80.6% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of ZhongWang Fabric Co. Ltd. (605003)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ZhongWang Fabric Co. Ltd. it is ¥9.85 per share (as of Nov 8, 2026), against a price of ¥22.70. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is ZhongWang Fabric Co. Ltd. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 605003 trades above its calculated fair value: price ¥22.70, fair value ¥9.85, a gap of about −57% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 605003?
No. The price is what the market pays today (¥22.70); the fair value is what the company's own numbers justify (¥9.85). For ZhongWang Fabric Co. Ltd. the two are ¥12.85 per share apart. That gap is exactly why we show both numbers side by side.
How much is ZhongWang Fabric Co. Ltd. worth?
The market values ZhongWang Fabric Co. Ltd. at about 2.7B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥22.70; our models calculate a fair value of ¥9.85 per share.
What do the bullish and bearish scenarios say about 605003?
Our models span a range for ZhongWang Fabric Co. Ltd.: cautious scenario ¥8.87, base ¥9.85, optimistic ¥10.29 per share (as of Nov 8, 2026, price ¥22.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 605003?
ZhongWang Fabric Co. Ltd. trades at a price-to-earnings ratio of 36.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥9.85 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 21.4. Other multiples: P/B 1.9, P/S 4.9, EV/EBITDA 20.3.
How solid is the balance sheet of ZhongWang Fabric Co. Ltd. (605003)?
Balance-sheet figures for ZhongWang Fabric Co. Ltd. (as of Nov 8, 2026): return on equity 4.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 605003 from its 52-week high?
ZhongWang Fabric Co. Ltd. trades at ¥22.70, about 37% below its 52-week high of ¥36.11 and 30% above the low of ¥17.48 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥9.85 is for.
Which stocks are comparable to ZhongWang Fabric Co. Ltd.?
From the same area (Consumer Cyclical) we also value Tongkun Group, Shenzhou International Group, Inner Mongolia ERDOS Resources Co, Far Eastern New Century Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ZhongWang Fabric Co. Ltd. stock attractive at the current price?
The data as of Nov 8, 2026: price ¥22.70, calculated fair value ¥9.85 (−57%), Quality Score 51/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 605003 calculated?
We run ZhongWang Fabric Co. Ltd. through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥9.85 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. ZhongWang Fabric Co. Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ZhongWang Fabric Co. Ltd. (605003)?
The closing price on Nov 6, 2026 was ¥22.70. Our model-based fair value is ¥9.85, about 57% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ZhongWang Fabric Co. Ltd. right now?
The price sits above even our optimistic bull case (¥10.29). The favourable scenario is already priced in. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of ZhongWang Fabric Co. Ltd.
How large is the market capitalisation of ZhongWang Fabric Co. Ltd. (605003)?
The market capitalisation of ZhongWang Fabric Co. Ltd. is 2.7B CNY (≈ $408M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ZhongWang Fabric Co. Ltd. (605003)?
The price-to-sales ratio of ZhongWang Fabric Co. Ltd. is 4.86 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ZhongWang Fabric Co. Ltd. (605003)?
Earnings per share at ZhongWang Fabric Co. Ltd. are ¥0.6200 (price ÷ EPS = P/E 36.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ZhongWang Fabric Co. Ltd. (605003)?
The dividend yield of ZhongWang Fabric Co. Ltd. is 2.2% (payout 80.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ZhongWang Fabric Co. Ltd. (605003)?
The net margin of ZhongWang Fabric Co. Ltd. is 12.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ZhongWang Fabric Co. Ltd. (605003)?
The return on equity (ROE) of ZhongWang Fabric Co. Ltd. is 4.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ZhongWang Fabric Co. Ltd. (605003)?
On an EBIT basis the return on assets of ZhongWang Fabric Co. Ltd. is 11.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ZhongWang Fabric Co. Ltd. (605003)?
The operating margin of ZhongWang Fabric Co. Ltd. is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ZhongWang Fabric Co. Ltd. (605003)?
Revenue at ZhongWang Fabric Co. Ltd. is growing +16.1% versus a year earlier (3y avg +9.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ZhongWang Fabric Co. Ltd. (605003)?
Earnings per share at ZhongWang Fabric Co. Ltd. are growing +52.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ZhongWang Fabric Co. Ltd. (605003) generate?
The free cash flow of ZhongWang Fabric Co. Ltd. is −27.4M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does ZhongWang Fabric Co. Ltd. (605003) hold?
ZhongWang Fabric Co. Ltd. holds more cash than debt, 341M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 8, 2026