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Jiangsu Huachang Chemical Co Ltd (002274) Fair Value & Analysis

Basic Materials · CN · Market cap 5.1B CNY (≈ $758M) · ISIN CNE100000CW5

What is Jiangsu Huachang Chemical Co Ltd really worth?

JH Jiangsu Huachang Chemical Co Ltd 002274 · SHE
Price¥6.12
Fair Value¥6.04
Upside−1.3%
Quality41/100

Below-average quality, currently priced close to our fair value of ¥6.04.

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Risks

!Weak Growth (revenue 5y +1.3 %/yr)
!Loss-making · -2.8% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (6/13)
!Narrow moat 13/100
!Evidence only low, so the estimate is less certain
!Weak on future: 16 out of 100

For context

·1.63% dividend yield
Evidence: Low Range ¥4.48 – ¥7.62

Fair value as of: Aug 13, 2026

From 4 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from ¥3.02 to ¥6.04 (+100.0%) since Jul 22, 2026. Share price +10.5% 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 close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

¥12.98 ¥4.63 Fair Value ¥6.04 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ¥4.63 – ¥12.98 · fair‑value band ¥4.48 – ¥7.62 · the ¥6.12 price screens above the ¥6.04 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 13, 2026.

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Analysis

Jiangsu Huachang Chemical Co Ltd (002274) currently trades at ¥6.12, while our model-based Fair Value estimate is ¥6.04, implying the stock looks roughly 1.3% fairly valued today. The Quality Score stands at 41/100 (below-average quality), in the Basic Materials sector. Bull case: the Asset-Based group reads highest at a median of ¥3.68 per share, and 0 of the 4 models we run sit above the ¥6.12 price. Bear case: the Multiples group reads lowest at ¥3.34, and 4 of the 4 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Jiangsu Huachang Chemical Co Ltd generated revenue of 6.6B CNY at a net margin of −2.8%. Revenue grew 3.2% year over year. It earns a return on equity of −3.4%. Net debt stands at 104M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥4.48 (bear case) to ¥7.62 (bull case); at ¥6.12, 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 20% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 9% fair-value upside, at −1%, 002274 screens richer than that median.

Fair Value models

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.

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
Gordon GGM best evidence ¥2.71 ¥3.63 ¥4.53 69
DDM Multi-Stage ¥2.71 ¥3.69 ¥4.80 67
EV/EBITDA ¥2.56 ¥3.34 ¥4.13 67
All 4 models by family
Dividend Discount
Gordon GGM best evidence ¥2.71 ¥3.63 ¥4.53 69
DDM Multi-Stage ¥2.71 ¥3.69 ¥4.80 67
Multiples
EV/EBITDA ¥2.56 ¥3.34 ¥4.13 67
Asset-Based
NCAV (Graham) ¥2.75 ¥3.68 ¥5.49 54

Widest divergence: Asset-Based (¥3.68) versus Multiples (¥3.34). Highest evidence: Gordon GGM (69).

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Key figures & financial health

P/S ratio 0.77 TTM
EPS (TTM) ¥−0.1900
Dividend yield 1.6%
Net margin −3.1% FY2025
Return on equity −3.4% TTM
Return on assets (EBIT) 11.8% avg 5y
More key figures
Profitability
Operating margin 3.1% TTM
Growth
Revenue (TTM) 6.6B CNY TTM
Revenue growth (YoY) +3.2% 3y avg −10.4%
EPS growth (YoY) +69.3%
Balance sheet & cash flow
Free cash flow −753M CNY FY2025
Net debt 104M CNY FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 41 · Market factors (momentum, volatility) 43

Profitability 16
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 68
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 82
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 Huachang Chemical Co., Ltd manufactures and sells agrochemicals, basic chemicals, fine chemicals, and biochemical products in China.

Full company description

Jiangsu Huachang Chemical Co., Ltd manufactures and sells agrochemicals, basic chemicals, fine chemicals, and biochemical products in China. It offers chemical products, such as industrial methanol, ammonium chloride, urea, sodium carbonate, anhydrous ammonia, nitric acid, and medicinal urea; and new material products, including n-butyraldehyde, isobutyraldehyde, n-butyl and isooctyl alcohol, propane, neopentylglycol, and polyester resin. It also offers potassium fulvic acid and marine algae loss control, flower, cash crop, urea ammonium nitrogen, bio-organic, stable, and specialized fertilizers. The company also produces and sells ecological fertilizers, and provision of new material technology development and waste management services. Jiangsu Huachang Chemical Co., Ltd was founded in 1970 and is headquartered in Zhangjiagang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Huachang Chemical Co Ltd reported revenue of 6.5B CNY in FY2025 versus 9.4B CNY in FY2021, a compound −8.8%/yr. Reported net income was −204M CNY in FY2025.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
6.5B CNY
Latest YoY
−18.0%
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.
−10.4%
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.
+1.3%
Avg. revenue growth/yr (20Y) 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.
+9.2%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −8.8%/yr
FY21 9.4B CNY
FY22 9.0B CNY
FY23 8.2B CNY
FY24 7.9B CNY
FY25 6.5B CNY
Net income
FY21 1.6B CNY
FY22 872M CNY
FY23 730M CNY
FY24 521M CNY
FY25 −204M CNY

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Cite: Fair Value Calculator (2026). "Jiangsu Huachang Chemical Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/002274

Peer Group

Agricultural Inputs · 175 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 41 · Bottom 25%
Fair Value upside −1% · Above median
Return on assets −1% · Bottom 25%
Net margin (TTM) −3% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth 3% · Below median
Dividend yield (TTM) 1.6% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/B 0.14× · Cheaper than 75% of peers
P/S (TTM) 0.12× · Cheaper than 75% of peers
EV/EBITDA 1.7× · Cheaper than 75% of peers
PEG 0.70× · Cheaper than median

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
VALUE32 · sector 25
FUTURE16 · sector 45
PAST0 · sector 25
HEALTH100 · sector 97
DIVIDEND33 · sector 40

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

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Frequently asked questions

Is Jiangsu Huachang Chemical Co Ltd (002274) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥6.04 versus a price of ¥6.12, about −1% upside (fairly valued).
What is the fair value of 002274?
Our model-based fair value for Jiangsu Huachang Chemical Co Ltd is ¥6.04 (as of Aug 13, 2026), built from audited fundamentals. The current price: ¥6.12.
What is the quality score of 002274?
Jiangsu Huachang Chemical Co Ltd has a Quality Score of 41/100. 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 Huachang Chemical Co Ltd (002274)?
Jiangsu Huachang Chemical Co Ltd reported trailing-twelve-month revenue of about 6.6B CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 002274?
The net profit margin of Jiangsu Huachang Chemical Co Ltd is about −2.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Jiangsu Huachang Chemical Co Ltd pay a dividend?
Jiangsu Huachang Chemical Co Ltd currently shows a dividend yield of about 1.63% relative to its recent price (as of Aug 13, 2026).
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