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Jiangsu Jiuding New Material Co Ltd (002201) Fair Value & Analysis

Basic Materials · CN · Market cap 7.6B CNY (≈ $1.1B) · ISIN CNE1000008T3

What is Jiangsu Jiuding New Material Co Ltd really worth?

JJ Jiangsu Jiuding New Material Co Ltd 002201 · SHE
Price¥9.27
Fair Value¥1.03
Upside−88.9%
Quality54/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

A solid business, but trading 800% above our fair value of ¥1.03.

As of Aug 15, 2026, the fair value of Jiangsu Jiuding New Material Co Ltd is ¥1.03 per share against a price of ¥9.27, so the fair value sits 89% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +9.9 %/yr)
!Thin margins · 5.0% net margin
!Mixed vs. peers (7/14)
!Narrow moat 36/100
!Evidence only low, so the estimate is less certain
!Weak on future: 21 out of 100
!Weak on dividend: 5 out of 100

For context

·0.27% dividend yield
Evidence: Low Range ¥0.5800 – ¥1.03

Fair value as of: Aug 15, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Aug 15, 2026, revised from ¥1.13 to ¥1.03 (−8.8%) since Jul 22, 2026. Share price +15.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (¥1.03). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥21.79 ¥3.87 Fair Value ¥1.03 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range ¥3.87 – ¥21.79 · fair‑value band ¥0.5800 – ¥1.03 · the ¥9.27 price screens above the ¥1.03 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Jiangsu Jiuding New Material Co Ltd (002201) currently trades at ¥9.27, while our model-based Fair Value estimate is ¥1.03, implying the stock looks roughly 800.1% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Basic Materials sector. Bull case: the Growth DCF group reads highest at a median of ¥1.80 per share, and 0 of the 26 models we run sit above the ¥9.27 price. Bear case: the Earnings-Based group reads lowest at ¥0.3600, and 26 of the 26 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Jiangsu Jiuding New Material Co Ltd generated revenue of 1.8B CNY at a net margin of 5.0%. Revenue grew 4.1% year over year. It earns a return on equity of 7.8%. Net debt stands at 321M CNY. Fundamentals as of Aug 15, 2026

Our scenario range runs from ¥0.5800 (bear case) to ¥1.03 (bull case); at ¥9.27, the current price sits above 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 45% below its 52-week high and 57% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −58% fair-value upside, at −89%, 002201 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2024 figures, and about 12 months have passed since. In that time the company retained roughly ¥0.1150 per share, which is 11.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (¥0.3600 to ¥3.37). Read the values as a conservative anchor, not as a price target.
Model 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. Evidence
Highest evidence
FCF DCF ¥1.26 ¥1.89 ¥2.84 80
Growth DCF ¥1.27 ¥1.81 ¥2.57 79
Owner Earnings ¥1.21 ¥1.80 ¥2.70 76
All 26 models by family
DCF Models
FCF DCF ¥1.26 ¥1.89 ¥2.84 80
Owner Earnings ¥1.21 ¥1.80 ¥2.70 76
5Y Revenue Exit ¥1.18 ¥1.80 ¥2.59 72
5Y EBITDA Exit ¥1.95 ¥3.26 ¥4.83 74
5Y P/E Exit ¥0.9000 ¥1.26 ¥1.63 72
10Y Revenue Exit ¥1.17 ¥1.74 ¥2.52 66
10Y EBITDA Exit ¥1.68 ¥2.74 ¥4.23 67
10Y P/E Exit ¥1.03 ¥1.37 ¥1.79 65
Earnings-Based
Graham-Dodd ¥0.3100 ¥1.07 ¥1.44 64
Lynch FV ¥0.2500 ¥0.3600 ¥0.4600 61
PEG = 1.0 ¥0.2500 ¥0.3600 ¥0.4600 57
EPV ¥0.9600 ¥1.09 ¥1.19 74
Dividend Discount
Gordon GGM ¥0.4800 ¥0.9700 ¥1.46 67
DDM Multi-Stage ¥0.4800 ¥0.8300 ¥1.02 67
Multiples
P/E Multiple ¥0.5800 ¥0.7700 ¥0.9600 63
P/S Multiple ¥0.5800 ¥0.7700 ¥0.9600 58
P/B Multiple ¥0.5800 ¥0.7700 ¥0.9600 55
EV/EBIT ¥1.33 ¥1.71 ¥2.10 66
EV/EBITDA ¥2.57 ¥3.37 ¥4.16 67
EV/Revenue ¥1.18 ¥1.61 ¥2.03 54
Asset-Based
NCAV (Graham) ¥0.8400 ¥1.13 ¥1.68 54
Growth DCF
Growth DCF ¥1.27 ¥1.81 ¥2.57 79
Rev-Margin DCF ¥1.18 ¥1.80 ¥2.52 73
Economic Profit
Residual Income ¥1.20 ¥1.17 ¥0.9700 76
ROIC Compounder ¥0.9600 ¥1.09 ¥1.19 72
Growth Earnings
Growth-Adj P/E ¥0.5100 ¥0.7300 ¥0.9500 67

Widest divergence: DCF Models (¥1.80) versus Earnings-Based (¥0.3600). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/E ratio 66.2
P/S ratio 1.37 P/E × margin
EPS (TTM) ¥0.1400 price ÷ EPS = P/E 66.2
Dividend yield 0.3% payout 17.9%
Net margin 2.1% FY2024
Return on equity 7.8% TTM
More key figures
Profitability
Return on assets (EBIT) 1.9% avg 5y
Operating margin 9.9% TTM
Growth
Revenue (TTM) 1.8B CNY TTM
Revenue growth (YoY) +4.1% 3y avg −1.7%
EPS growth (YoY) −4.8%
Balance sheet & cash flow
Free cash flow 63.3M CNY FY2024
Net debt 321M CNY FY2024 · ≈ 5.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 36

Profitability 25
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 43
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Jiangsu Jiuding New Material Co., Ltd. engages in the research, development, manufacturing, and sales of specialty glass fibers and their products, and glass fiber reinforced composite materials in China and internationally.

Full company description

Jiangsu Jiuding New Material Co., Ltd. engages in the research, development, manufacturing, and sales of specialty glass fibers and their products, and glass fiber reinforced composite materials in China and internationally. The company offers glass fiber reinforced materials-by products, including tape, warp knitting, building materials, roving, plaid, and continuous felt; glass fiber deep processing products, such as kib, high silica, alkali-free glass fiber, and reinforced materials; and fiberglass composite materials comprising chemical environmental protection equipment, grille, profile, general, and wind power products. It sells its products under the Ding brand. The company also exports its products to approximately 50 countries, including North America, Europe, Southeast Asia, Japan, and South Korea. Jiangsu Jiuding New Material Co., Ltd. was formerly known as Jiangsu Amer New Material Co., Ltd. and changed its name to Jiangsu Jiuding New Material Co., Ltd. in February 2025. Jiangsu Jiuding New Material Co., Ltd. was founded in 1994 and is based in Rugao, China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Jiangsu Jiuding New Material Co Ltd reported revenue of 1.4B CNY in FY2024 versus 1.7B CNY in FY2020, a compound −3.9%/yr. Reported net income was 29.5M CNY in FY2024, compounding −3.8%/yr from FY2020.

Growth Quality 68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
1.4B CNY
Avg. revenue growth/yr (3Y) 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.
+1.0%
Avg. revenue growth/yr (5Y) 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.
+9.9%
Avg. revenue growth/yr (19Y) 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.
+10.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+3.4% · in CNY
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+3.1%
Dividend yield0.3%
Trend 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.5Y 3.1% vs 10Y 9.8%, flattening
Operating margin (EBIT) 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.3.3% (2019) → 5.0% (2024) · rising
Worst earnings drop119% (2017) (loss year, drop beyond 100%) · in CNY
Revenue −3.9%/yr
FY20 1.7B CNY
FY21 1.5B CNY
FY22 1.4B CNY
FY23 1.7B CNY
FY24 1.4B CNY
Net income −3.8%/yr
FY20 34.5M CNY
FY21 41.3M CNY
FY22 36.5M CNY
FY23 38.8M CNY
FY24 29.5M CNY
Character of growth · EPS growth decomposed (2014-2024) +10.8 % p.a.
Revenue per share +8.1 %

of which total revenue +9.3 % · buybacks/dilution −1.1 %

EBIT margin +18.6 %
Tax rate −3.2 %
Residual (interest, one-offs) −10.7 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

002201 screens 800% overvalued. Compare with Linde plc →

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Cite: Fair Value Calculator (2026). "Jiangsu Jiuding New Material Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002201

Peer Group

Specialty Chemicals · 695 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 54 · Above median
Fair Value upside −89% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 66.2× · Pricier than 75% of peers
P/B 6.89× · Pricier than 75% of peers
P/S (TTM) 4.18× · Pricier than 75% of peers
P/FCF 17.8× · Pricier than 75% of peers
EV/EBITDA 21.8× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE21 · sector 20
PAST31 · sector 23
HEALTH99 · sector 95
DIVIDEND5 · sector 28

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $485.35 $222.03 −54%
The Sherwin-Williams Company SHW $344.86 $143.38 −58%
Ecolab Inc ECL $286.75 $96.18 −66%
Air Products and Chemicals, Inc APD $308.09 $122.14 −60%
Givaudan SA GIVN CHF 3,282 CHF 1,498 −54%
Wanhua Chemical Group 600309 ¥77.66 ¥68.03 −12%
500820 500820 ₹2,757 ₹557.43 −80%
Novozymes A/S NSISB kr 456.40 kr 169.99 −63%
Asian Paints Limited ASIANPAINT ₹2,630 ₹696.23 −74%
PPG Industries, Inc PPG $114.22 $71.31 −38%

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Frequently asked questions

Is Jiangsu Jiuding New Material Co Ltd (002201) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of ¥1.03 versus a price of ¥9.27, about −89% upside (overvalued).
What is the fair value of 002201?
Our model-based fair value for Jiangsu Jiuding New Material Co Ltd is ¥1.03 (as of Aug 15, 2026), built from audited fundamentals. The current price: ¥9.27.
What is the quality score of 002201?
Jiangsu Jiuding New Material Co Ltd has a Quality Score of 54/100. 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 Jiuding New Material Co Ltd (002201)?
Jiangsu Jiuding New Material Co Ltd reported trailing-twelve-month revenue of about 1.8B CNY (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 002201?
The net profit margin of Jiangsu Jiuding New Material Co Ltd is about 5.0%, meaning it keeps roughly 5.0% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Jiuding New Material Co Ltd pay a dividend?
Jiangsu Jiuding New Material Co Ltd currently shows a dividend yield of about 0.27% relative to its recent price (as of Aug 15, 2026).
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