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Jiangsu Guotai International Group (002091) Fair Value & Analysis

Industrials · CN · Market cap 12.9B CNY

JG Jiangsu Guotai International Group 002091 · SHE
Price¥7.62
Fair Value¥13.52
Upside+77.4%
Quality56/100
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Healthy Growth
Thin margins · 3.1% net margin
Low debt · generates free cash flow
6.11% dividend yield
Ranks above peers (11/14)
Narrow moat 31/100
Evidence: Medium Range ¥10.14 – ¥16.90 Share as image

Fair value as of: Jul 25, 2026

From 13 valuation models · updated 16 days ago

Share price +0.9% over the past month.

A solid business, screening 77% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥10.14). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

¥13.81 ¥4.77 Fair Value ¥13.52 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range ¥4.77 – ¥13.81 · fair‑value band ¥10.14 – ¥16.90 · the ¥7.62 price screens below the ¥13.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Jiangsu Guotai International Group (002091) currently trades at ¥7.62, while our model-based Fair Value estimate is ¥13.52, implying the stock looks roughly 77.4% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Jiangsu Guotai International Group generated revenue of 40.2B CNY at a net margin of 3.1%. Revenue grew 8.9% year over year. It earns a return on equity of 9.5%. The balance sheet holds a net cash position of 6.9B CNY. Fundamentals as of Jul 25, 2026

Our scenario range runs from ¥10.14 (bear case) to ¥16.90 (bull case); at ¥7.62, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 77%, 002091 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥16.89 ¥25.71 ¥41.24 80
Residual Income ¥11.00 ¥11.38 ¥11.44 76
Rev-Margin DCF ¥21.27 ¥34.62 ¥52.63 74
All 13 models by family
DCF Models
Owner Earnings ¥13.48 ¥20.09 ¥32.22 31
5Y P/E Exit ¥17.80 ¥27.80 ¥39.65 38
10Y P/E Exit ¥17.49 ¥26.66 ¥40.42 35
Earnings-Based
Graham-Dodd ¥5.41 ¥28.59 ¥39.59 54
Lynch FV ¥7.87 ¥11.24 ¥14.62 50
Dividend Discount
Gordon GGM ¥5.30 ¥11.03 ¥17.49 70
DDM Multi-Stage ¥5.30 ¥9.30 ¥11.57 61
Multiples
P/E Multiple ¥12.52 ¥16.70 ¥20.87 63
P/B Multiple ¥10.14 ¥13.52 ¥16.90 55
Asset-Based
NCAV (Graham) ¥6.97 ¥9.33 ¥13.93 50
Growth DCF
Growth DCF ¥16.89 ¥25.71 ¥41.24 80
Rev-Margin DCF ¥21.27 ¥34.62 ¥52.63 74
Economic Profit
Residual Income ¥11.00 ¥11.38 ¥11.44 76

Widest divergence: DCF Models (¥26.66) versus Dividend Discount (¥9.30). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 40.2B CNY
Revenue growth (YoY) +8.9%
Net margin 3.1%
Return on equity 9.5%
Free cash flow 1.3B CNY FY2025
P/E ratio 12.0
More key figures
Operating margin 5.3%
EPS (TTM) ¥0.6600
Dividend yield 6.1%
EPS growth (YoY) -7.7%
Net cash 6.9B CNY FY2024

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 57 · Market factors (momentum, volatility) 46

Profitability 32
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Jiangsu Guotai International Group Co., Ltd., together with its subsidiaries, provides supply chain services in China and internationally. The company operates through three segments: Trading, New Energy, and Other.

Full company description

Jiangsu Guotai International Group Co., Ltd., together with its subsidiaries, provides supply chain services in China and internationally. The company operates through three segments: Trading, New Energy, and Other. It engages in the import and export trade of daily consumer goods, including textiles and apparel, chemicals and pharmaceuticals, light industry and machinery, toys, automobiles, food, and textile raw materials. The company is also involved in the research, development, production, and sale of electronic chemicals, such as lithium-ion battery electrolytes and additives, supercapacitor electrolytes, and optical materials; and organosilicon materials comprising silicone oil, silicone rubber, silicone resin, and silane coupling agents. In addition, it engages in investment management and consulting; technical services; logistics; financial services; and property management. The company was formerly known as Jiangsu Guotai International Group Guomao Co., Ltd. and changed its name to Jiangsu Guotai International Group Co., Ltd. in May 2019. Jiangsu Guotai International Group Co., Ltd. was founded in 1998 and is based in Zhangjiagang, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Guotai International Group reported revenue of ¥39.9B in FY2025 versus ¥39.3B in FY2021, a compound +0.4%/yr. Reported net income was ¥1.3B in FY2025, compounding +1.2%/yr from FY2021.

Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
39.9B CNY
Latest YoY
+2.6%
Avg. growth/yr (3Y)
−2.3%
Avg. growth/yr (5Y)
+5.8%
Avg. growth/yr (22Y)
+13.9%
Revenue +0.4%/yr
FY21 ¥39.3B
FY22 ¥42.8B
FY23 ¥37.1B
FY24 ¥38.9B
FY25 ¥39.9B
Net income +1.2%/yr
FY21 ¥1.2B
FY22 ¥1.7B
FY23 ¥1.6B
FY24 ¥1.1B
FY25 ¥1.3B

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Cite: Fair Value Calculator (2026). "Jiangsu Guotai International Group Fair Value". https://www.fairvalue-calculator.com/stock/002091

Peer Group

Conglomerates · 370 stocks

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.

Quality Score 56 · Above median
Fair Value upside +77% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 9% · Above median
Dividend yield (TTM) 6.1% · Top 25%
Debt / equity 0.19× · Lower than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 12.0× · Cheaper than median
P/B 0.57× · Cheaper than median
P/S (TTM) 0.32× · Cheaper than median
P/FCF 1.5× · Pricier than median
EV/EBITDA 0.8× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 21
FUTURE 45 · sector 16
PAST 38 · sector 20
HEALTH 90 · sector 88
DIVIDEND 100 · sector 39

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

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SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

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Frequently asked questions

Is Jiangsu Guotai International Group (002091) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of ¥13.52 versus a price of ¥7.62, about +77% (undervalued).
What is the fair value of 002091?
Our model-based fair value for Jiangsu Guotai International Group is ¥13.52 (as of Jul 25, 2026), built from audited fundamentals. The current price is ¥7.62.
What is the quality score of 002091?
Jiangsu Guotai International Group has a Quality Score of 56/100. 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 revenue of Jiangsu Guotai International Group (002091)?
Jiangsu Guotai International Group reported trailing-twelve-month revenue of about 40.2B CNY (latest available figure, as of Jul 25, 2026).
What is the net profit margin of 002091?
The net profit margin of Jiangsu Guotai International Group is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Guotai International Group pay a dividend?
Jiangsu Guotai International Group currently shows a dividend yield of about 6.11% relative to its recent price (as of Jul 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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