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Zhejiang Hailide New Material Co (002206) Fair Value & Analysis

Basic Materials · CN · Market cap 6.5B CNY

ZH Zhejiang Hailide New Material Co 002206 · SHE
Price¥5.38
Fair Value¥5.76
Upside+7.0%
Quality64/100
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Mixed Growth
Thin margins · 8.8% net margin
Low debt · generates free cash flow
3.62% dividend yield
Ranks above peers (11/14)
Moderate moat 49/100
Evidence: High Range ¥4.32 – ¥7.20 Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥7.52 to ¥5.76 (−23.4%) since Jun 25, 2026. Share price +1.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥4.32 (bear) to ¥7.20 (bull), base ¥5.76. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 64/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥9.60 ¥3.20 Fair Value ¥5.76 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥3.20 – ¥9.60 · fair‑value band ¥4.32 – ¥7.20 · the ¥5.38 price screens below the ¥5.76 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Zhejiang Hailide New Material Co (002206) currently trades at ¥5.38, while our model-based Fair Value estimate is ¥5.76, implying the stock looks roughly 7.0% fairly valued today. The Quality Score stands at 64/100 (solid quality), in the Basic Materials 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: high), always confirm before acting.

Over the trailing twelve months, Zhejiang Hailide New Material Co generated revenue of 5.7B CNY at a net margin of 8.8%. Revenue declined 9.9% year over year. It earns a return on equity of 12.5%. Net debt stands at 960M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥4.32 (bear case) to ¥7.20 (bull case); at ¥5.38, the current price sits within 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 26% below its 52-week high and 18% 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 7%, 002206 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 ¥5.95 ¥9.19 ¥14.21 80
Residual Income ¥3.22 ¥3.81 ¥7.15 76
Rev-Margin DCF ¥5.79 ¥9.20 ¥13.43 74
All 26 models by family
DCF Models
FCF DCF ¥5.95 ¥9.41 ¥14.92 38
Owner Earnings ¥7.83 ¥12.55 ¥20.07 31
5Y Revenue Exit ¥5.79 ¥9.26 ¥13.85 39
5Y EBITDA Exit ¥6.59 ¥10.85 ¥16.05 41
5Y P/E Exit ¥5.93 ¥9.53 ¥13.51 38
10Y Revenue Exit ¥5.64 ¥8.85 ¥13.54 36
10Y EBITDA Exit ¥6.31 ¥9.97 ¥15.28 37
10Y P/E Exit ¥5.88 ¥9.05 ¥13.27 35
Earnings-Based
Graham-Dodd ¥3.01 ¥12.23 ¥16.64 54
Lynch FV ¥3.06 ¥4.37 ¥5.68 50
PEG = 1.0 ¥3.06 ¥4.37 ¥5.68 46
EPV ¥5.34 ¥6.06 ¥6.67 59
Dividend Discount
Gordon GGM ¥1.94 ¥3.86 ¥5.85 70
DDM Multi-Stage ¥1.94 ¥3.34 ¥4.08 61
Multiples
P/E Multiple ¥5.64 ¥7.52 ¥9.40 63
P/S Multiple ¥5.64 ¥7.52 ¥9.40 58
P/B Multiple ¥5.64 ¥7.52 ¥9.40 55
EV/EBIT ¥6.63 ¥8.57 ¥10.51 53
EV/EBITDA ¥7.56 ¥9.81 ¥12.06 54
EV/Revenue ¥5.85 ¥8.01 ¥10.18 43
Asset-Based
NCAV (Graham) ¥1.72 ¥2.31 ¥3.45 50
Growth DCF
Growth DCF ¥5.95 ¥9.19 ¥14.21 80
Rev-Margin DCF ¥5.79 ¥9.20 ¥13.43 74
Economic Profit
Residual Income ¥3.22 ¥3.81 ¥7.15 76
ROIC Compounder ¥5.82 ¥7.35 ¥9.29 72
Growth Earnings
Growth-Adj P/E ¥4.73 ¥6.75 ¥8.78 68

Widest divergence: DCF Models (¥9.41) versus Asset-Based (¥2.31). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.7B CNY
Revenue growth (YoY) -9.9%
Net margin 8.8%
Return on equity 12.5%
Free cash flow 513M CNY FY2025
P/E ratio 12.6
More key figures
Operating margin 11.8%
EPS (TTM) ¥0.4400
Dividend yield 3.6%
EPS growth (YoY) -8.3%
Net debt 960M CNY FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 63 · Market factors (momentum, volatility) 43

Profitability 45
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 84
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

Zhejiang Hailide New Material Co.,Ltd engages in the research, development, production, and sales of chemical fibers, other textile materials, and rubber and plastic products in China and internationally. The company offers polyester technical and polyamide technical filament yarn, sustainable yarn, plastic film, floor products, cord fabric, and polyester.

Full company description

Zhejiang Hailide New Material Co.,Ltd engages in the research, development, production, and sales of chemical fibers, other textile materials, and rubber and plastic products in China and internationally. The company offers polyester technical and polyamide technical filament yarn, sustainable yarn, plastic film, floor products, cord fabric, and polyester. Its products are used for tensile structures architecture, environmental project, logistics transportation, sports and leisure, inflatable toy, advertising media, and decorative soft film applications. Zhejiang Hailide New Material Co.,Ltd was founded in 2001 and is based in Haining, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Hailide New Material Co reported revenue of ¥5.8B in FY2025 versus ¥5.1B in FY2021, a compound +3.6%/yr. Reported net income was ¥514M in FY2025, compounding −2.7%/yr from FY2021.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
5.8B CNY
Latest YoY
−1.1%
Avg. growth/yr (3Y)
+1.9%
Avg. growth/yr (5Y)
+10.7%
Avg. growth/yr (21Y)
+13.1%
Revenue +3.6%/yr
FY21 ¥5.1B
FY22 ¥5.5B
FY23 ¥5.6B
FY24 ¥5.9B
FY25 ¥5.8B
Net income −2.7%/yr
FY21 ¥575M
FY22 ¥332M
FY23 ¥349M
FY24 ¥411M
FY25 ¥514M

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Cite: Fair Value Calculator (2026). "Zhejiang Hailide New Material Co Fair Value". https://www.fairvalue-calculator.com/stock/002206

Peer Group

Specialty Chemicals · 676 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 64 · Top 25%
Fair Value upside +7% · Above median
Return on equity (TTM) 12% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 12% · Above median
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 3.6% · Top 25%
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 12.6× · Cheaper than 75% of peers
P/B 1.61× · Cheaper than median
P/S (TTM) 1.14× · Cheaper than median
P/FCF 1.9× · Pricier than median
EV/EBITDA 5.5× · 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 43 · sector 0
FUTURE 0 · sector 19
PAST 50 · sector 23
HEALTH 91 · sector 95
DIVIDEND 72 · sector 25

Insider activity: 45/100

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

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Frequently asked questions

Is Zhejiang Hailide New Material Co (002206) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥5.76 versus a price of ¥5.38, about +7% (fairly valued).
What is the fair value of 002206?
Our model-based fair value for Zhejiang Hailide New Material Co is ¥5.76 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥5.38.
What is the quality score of 002206?
Zhejiang Hailide New Material Co has a Quality Score of 64/100. 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 Zhejiang Hailide New Material Co (002206)?
Zhejiang Hailide New Material Co reported trailing-twelve-month revenue of about 5.7B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002206?
The net profit margin of Zhejiang Hailide New Material Co is about 8.8%, meaning it keeps roughly 8.8% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Hailide New Material Co pay a dividend?
Zhejiang Hailide New Material Co currently shows a dividend yield of about 3.62% relative to its recent price (as of Jul 22, 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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