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Fujian Jinsen Forestry Co (002679) Fair Value & Analysis

Basic Materials · CN · Market cap 2.0B CNY

FJ Fujian Jinsen Forestry Co 002679 · SHE
Price¥8.95
Fair Value¥4.51
Upside-49.6%
Quality52/100
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Weak Growth
Thin margins · 5.7% net margin
Moderate debt · generates free cash flow
Trails peers (5/14)
Narrow moat 18/100
Evidence: High Range ¥3.37 – ¥5.59 Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated today

Fair value updated Aug 13, 2026, revised from ¥0.6700 to ¥4.51 (+573.1%) since Jul 22, 2026. Share price +10.9% over the past month.

A solid business, but screening 50% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥5.59). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥26.24 ¥6.19 Fair Value ¥4.51 Feb 2021 Aug 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 ¥6.19 – ¥26.24 · fair‑value band ¥3.37 – ¥5.59 · the ¥8.95 price screens above the ¥4.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Fujian Jinsen Forestry Co (002679) currently trades at ¥8.95, while our model-based Fair Value estimate is ¥4.51, implying the stock looks roughly 49.6% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Fujian Jinsen Forestry Co generated revenue of 152M CNY at a net margin of 5.7%. Revenue grew 56.3% year over year. It earns a return on equity of 1.1%. Net debt stands at 884M CNY. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥3.37 (bear case) to ¥5.59 (bull case); at ¥8.95, 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 47% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -39% fair-value upside, at -50%, 002679 screens richer 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 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
Growth DCF ¥0.3500 80
Residual Income ¥2.22 ¥2.09 ¥1.52 76
Gordon GGM ¥1.83 ¥1.99 ¥2.24 70
All 12 models by family
DCF Models
FCF DCF ¥0.4300 38
Earnings-Based
Graham-Dodd ¥0.2700 ¥0.3300 ¥0.3700 54
Dividend Discount
Gordon GGM ¥1.83 ¥1.99 ¥2.24 70
DDM Multi-Stage ¥1.83 ¥2.26 ¥2.84 61
Multiples
P/E Multiple ¥0.5000 ¥0.6700 ¥0.8300 63
P/S Multiple ¥0.5000 ¥0.6700 ¥0.8300 58
P/B Multiple ¥0.5000 ¥0.6700 ¥0.8300 55
EV/EBIT ¥0.1700 53
Asset-Based
NCAV (Graham) ¥1.63 ¥2.18 ¥3.25 50
Growth DCF
Growth DCF ¥0.3500 80
Economic Profit
Residual Income ¥2.22 ¥2.09 ¥1.52 76
Growth Earnings
Growth-Adj P/E ¥0.3600 ¥0.5100 ¥0.6600 68

Widest divergence: Asset-Based (¥2.18) versus Earnings-Based (¥0.3300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 152M CNY
Revenue growth (YoY) +56.3%
Net margin 5.7%
Return on equity 1.1%
Free cash flow 46.7M CNY FY2025
P/E ratio 223.8
More key figures
Operating margin -142%
EPS (TTM) ¥0.0400
EPS growth (YoY) +5.1%
Net debt 884M CNY FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 54 · Market factors (momentum, volatility) 22

Profitability 16
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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

Fujian Jinsen Forestry Co.,Ltd, together with its subsidiaries, engages in forest resource cultivation business in China.

Full company description

Fujian Jinsen Forestry Co.,Ltd, together with its subsidiaries, engages in forest resource cultivation business in China. The company is involved in forest management and protection; afforestation and regeneration; tree seedling cultivation; tree breeding; planting of flowers and other horticultural plants; investment in forestry and agricultural projects; forestry technical consulting; and planting of Chinese medicinal herbs, as well as carbon sink development management and energy management. It also sells wood, bamboo, timber, and agriculture products. The company was founded in 1996 and is based in Sanming, China. Fujian Fujian Jinsen Forestry Co.,Ltd operates as a subsidiary of Fujian Jinsen Group Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fujian Jinsen Forestry Co reported revenue of ¥149M in FY2025 versus ¥190M in FY2021, a compound −5.9%/yr. Reported net income was ¥9.2M in FY2025, compounding −8.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
149M CNY
Latest YoY
−1.3%
Avg. 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.
−5.1%
Avg. 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.
+0.1%
Avg. growth/yr (16Y) 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.
+3.6%
Revenue −5.9%/yr
FY21 ¥190M
FY22 ¥174M
FY23 ¥148M
FY24 ¥151M
FY25 ¥149M
Net income −8.1%/yr
FY21 ¥12.9M
FY22 ¥10.2M
FY23 ¥8.0M
FY24 ¥10.4M
FY25 ¥9.2M
Character of growth · EPS growth decomposed (2013-2024) −16.6 % p.a.
Revenue per share −3.1 pp

of which total revenue −1.9 pp · buybacks/dilution −1.2 pp

EBIT margin −7.4 pp
Tax rate −0.3 pp
Residual (interest, one-offs) −5.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

002679 screens 50% overvalued. Compare with Simpson Manufacturing Co →

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Cite: Fair Value Calculator (2026). "Fujian Jinsen Forestry Co Fair Value". https://www.fairvalue-calculator.com/stock/002679

Peer Group

Lumber & Wood Production · 79 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 52 · Above median
Fair Value upside −50% · Below median
Return on equity (TTM) 1% · Above median
Return on assets 1% · Above median
Net margin (TTM) 6% · Top 25%
Operating margin (TTM) -142% · Bottom 25%
Revenue growth 56% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.25× · Higher than 75% of peers

Valuation Multiples vs Lumber & Wood Production median · lower = cheaper

P/E (TTM) 223.8× · Pricier than 75% of peers
P/B 2.65× · Pricier than 75% of peers
P/S (TTM) 13.37× · Pricier than 75% of peers
P/FCF 6.4× · Pricier than median
EV/EBITDA 53.2× · Pricier 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 0 · sector 15
FUTURE 100 · sector 0
PAST 4 · sector 0
HEALTH 38 · sector 92
DIVIDEND 0 · sector 30

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

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

Similar stocks

10 more Lumber & Wood Production stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Simpson Manufacturing Co SSD $194.83 $145.26 -25%
West Fraser Timber Co WFG C$97.70 C$33.38 -66%
UFP Industries, Inc UFPI $92.82 $107.07 +15%
Stella-Jones Inc SJ C$75.22 C$92.56 +23%
Boise Cascade Company BCC $84.25 $51.39 -39%
Century Plyboards (India) Limited CENTURYPLY ₹763.85 ₹201.01 -74%
DeHua TB New Decoration Material Co 002043 ¥12.58 ¥14.78 +17%
Canfor Corporation CFP C$15.73 C$4.54 -71%
Interfor Corporation IFP C$14.38 C$6.43 -55%
Kangxin New Materials Co 600076 ¥3.17 ¥0.6700 -79%

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Frequently asked questions

Is Fujian Jinsen Forestry Co (002679) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥4.51 versus a price of ¥8.95, about −50% (overvalued).
What is the fair value of 002679?
Our model-based fair value for Fujian Jinsen Forestry Co is ¥4.51 (as of Aug 13, 2026), built from audited fundamentals. The current price is ¥8.95.
What is the quality score of 002679?
Fujian Jinsen Forestry Co has a Quality Score of 52/100. 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 Fujian Jinsen Forestry Co (002679)?
Fujian Jinsen Forestry Co reported trailing-twelve-month revenue of about 152M CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 002679?
The net profit margin of Fujian Jinsen Forestry Co is about 5.7%, meaning it keeps roughly 5.7% of revenue as net income. Based on the latest reported figures.

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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