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Jiangsu Rainbow Heavy Industries Co (002483) Fair Value & Analysis

Industrials · CN · Market cap 4.7B CNY

JR Jiangsu Rainbow Heavy Industries Co 002483 · SHE
Price¥5.16
Fair Value¥8.54
Upside+65.5%
Quality61/100
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Mixed Growth
Thin margins · 5.6% net margin
Low debt · generates free cash flow
2.75% dividend yield
Ranks above peers (12/14)
Narrow moat 36/100
Evidence: Medium Range ¥6.41 – ¥10.68 Share as image

Fair value as of: Jul 24, 2026

From 26 valuation models · updated 17 days ago

Share price +1.6% over the past month.

A solid business, screening 66% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (¥6.41). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) 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)

¥8.04 ¥3.25 Fair Value ¥8.54 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range ¥3.25 – ¥8.04 · fair‑value band ¥6.41 – ¥10.68 · the ¥5.16 price screens below the ¥8.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

Jiangsu Rainbow Heavy Industries Co (002483) currently trades at ¥5.16, while our model-based Fair Value estimate is ¥8.54, implying the stock looks roughly 65.5% undervalued today. The Quality Score stands at 61/100 (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 Rainbow Heavy Industries Co generated revenue of 6.4B CNY at a net margin of 5.6%. Revenue declined 34.0% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of 2.8B CNY. Fundamentals as of Jul 24, 2026

Our scenario range runs from ¥6.41 (bear case) to ¥10.68 (bull case); at ¥5.16, 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 36% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 66%, 002483 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 ¥21.01 ¥34.08 ¥56.02 80
Residual Income ¥4.23 ¥4.53 ¥4.96 76
Rev-Margin DCF ¥14.75 ¥21.41 ¥30.41 74
All 26 models by family
DCF Models
FCF DCF ¥21.36 ¥36.36 ¥62.94 38
Owner Earnings ¥9.84 ¥14.59 ¥23.00 31
5Y Revenue Exit ¥14.75 ¥21.48 ¥30.54 39
5Y EBITDA Exit ¥16.10 ¥24.39 ¥34.85 41
5Y P/E Exit ¥13.99 ¥19.83 ¥26.52 38
10Y Revenue Exit ¥16.60 ¥23.87 ¥35.02 36
10Y EBITDA Exit ¥17.74 ¥26.00 ¥38.69 37
10Y P/E Exit ¥16.34 ¥22.66 ¥31.58 35
Earnings-Based
Graham-Dodd ¥2.77 ¥14.73 ¥20.40 54
Lynch FV ¥4.06 ¥5.80 ¥7.54 50
PEG = 1.0 ¥4.06 ¥5.80 ¥7.54 46
EPV ¥8.54 ¥9.17 ¥9.72 59
Dividend Discount
Gordon GGM ¥2.91 ¥5.80 ¥8.79 70
DDM Multi-Stage ¥2.91 ¥5.02 ¥6.13 61
Multiples
P/E Multiple ¥6.41 ¥8.54 ¥10.68 63
P/S Multiple ¥5.19 ¥6.91 ¥8.64 58
P/B Multiple ¥5.19 ¥6.91 ¥8.64 55
EV/EBIT ¥14.46 ¥17.78 ¥21.10 53
EV/EBITDA ¥14.25 ¥17.50 ¥20.74 54
EV/Revenue ¥11.61 ¥14.66 ¥17.70 43
Asset-Based
NCAV (Graham) ¥2.55 ¥3.42 ¥5.11 50
Growth DCF
Growth DCF ¥21.01 ¥34.08 ¥56.02 80
Rev-Margin DCF ¥14.75 ¥21.41 ¥30.41 74
Economic Profit
Residual Income ¥4.23 ¥4.53 ¥4.96 76
ROIC Compounder ¥8.86 ¥9.92 ¥11.10 72
Growth Earnings
Growth-Adj P/E ¥6.00 ¥8.57 ¥11.14 68

Widest divergence: DCF Models (¥22.66) versus Asset-Based (¥3.42). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.4B CNY
Revenue growth (YoY) -34.0%
Net margin 5.6%
Return on equity 8.9%
Free cash flow 1.2B CNY FY2025
P/E ratio 13.0
More key figures
Operating margin 8.8%
EPS (TTM) ¥0.4100
Dividend yield 2.8%
Net cash 2.8B CNY FY2024

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 62 · Market factors (momentum, volatility) 33

Profitability 31
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 82
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 79
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 Rainbow Heavy Industries Co., Ltd. engages in equipment manufacturing and environmental protection businesses in China. The company provides material handling equipment, including shipyard/yard/factory handling, bulk material system, scrap steel, wood, waste dump, and inland river wharf bulk, and container handling equipment.

Full company description

Jiangsu Rainbow Heavy Industries Co., Ltd. engages in equipment manufacturing and environmental protection businesses in China. The company provides material handling equipment, including shipyard/yard/factory handling, bulk material system, scrap steel, wood, waste dump, and inland river wharf bulk, and container handling equipment. It engages in the design, manufacturing, sales, installation, transformation and repair of various special equipment; research and development and leasing of mechanical equipment for various engineering construction activities; loading and unloading and handling; marine engineering equipment manufacturing; non-residential real estate leasing; technical services, technology development, technical consultation, technical exchange, technology transfer, technology promotion, technology import and export, goods import and export, etc. In addition, the company engages in the various offshore wind power installation platform; offshore wind power operation and maintenance ships, marine wind power steel structures, petrochemical equipment, and other products; and sludge disposal, including project planning, engineering design, complete sets of equipment, construction, operation and management, technology consulting, etc. In addition, the company is involved in the hazardous waste and medical waste treatment, and sludge treatment; and operates port terminals. It sells its products under the GENMA brand. Jiangsu Rainbow Heavy Industries Co., Ltd. was founded in 2003 and is based in Nantong, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Rainbow Heavy Industries Co reported revenue of ¥6.8B in FY2025 versus ¥3.8B in FY2021, a compound +15.5%/yr. Reported net income was ¥361M in FY2025, compounding +0.8%/yr from FY2021.

Growth Quality 83/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
6.8B CNY
Latest YoY
−16.7%
Avg. growth/yr (3Y)
+9.8%
Avg. growth/yr (5Y)
+13.6%
Avg. growth/yr (18Y)
+16.6%
Revenue +15.5%/yr
FY21 ¥3.8B
FY22 ¥5.2B
FY23 ¥7.2B
FY24 ¥8.2B
FY25 ¥6.8B
Net income +0.8%/yr
FY21 ¥349M
FY22 ¥53.2M
FY23 ¥55.4M
FY24 ¥485M
FY25 ¥361M

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Cite: Fair Value Calculator (2026). "Jiangsu Rainbow Heavy Industries Co Fair Value". https://www.fairvalue-calculator.com/stock/002483

Peer Group

Specialty Industrial Machinery · 809 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 61 · Above median
Fair Value upside +66% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 6% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth -34% · Bottom 25%
Dividend yield (TTM) 2.8% · Top 25%
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 13.0× · Cheaper than 75% of peers
P/B 1.04× · Cheaper than 75% of peers
P/S (TTM) 0.74× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than 75% of peers
EV/EBITDA 0.9× · 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 0
FUTURE 0 · sector 23
PAST 36 · sector 28
HEALTH 97 · sector 96
DIVIDEND 55 · sector 24

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 Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
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Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Jiangsu Rainbow Heavy Industries Co (002483) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of ¥8.54 versus a price of ¥5.16, about +66% (undervalued).
What is the fair value of 002483?
Our model-based fair value for Jiangsu Rainbow Heavy Industries Co is ¥8.54 (as of Jul 24, 2026), built from audited fundamentals. The current price is ¥5.16.
What is the quality score of 002483?
Jiangsu Rainbow Heavy Industries Co has a Quality Score of 61/100. 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 Rainbow Heavy Industries Co (002483)?
Jiangsu Rainbow Heavy Industries Co reported trailing-twelve-month revenue of about 6.4B CNY (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 002483?
The net profit margin of Jiangsu Rainbow Heavy Industries Co is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Rainbow Heavy Industries Co pay a dividend?
Jiangsu Rainbow Heavy Industries Co currently shows a dividend yield of about 2.75% relative to its recent price (as of Jul 24, 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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