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Yongxing Special Materials Technology Co (002756) Fair Value & Analysis

Basic Materials · CN · Market cap 34.4B CNY

YS Yongxing Special Materials Technology Co 002756 · SHE
Price¥48.54
Fair Value¥20.86
Upside-57.0%
Quality56/100
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Mixed Growth
Solidly profitable · 11.9% net margin
Low debt · generates free cash flow
1.07% dividend yield
Mixed vs. peers (7/14)
Moderate moat 48/100
Evidence: High Range ¥15.64 – ¥26.07 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 ¥21.99 to ¥20.86 (−5.1%) since Jun 25, 2026. Share price −17.5% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥26.07). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥109.74 ¥24.58 Fair Value ¥20.86 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 ¥24.58 – ¥109.74 · fair‑value band ¥15.64 – ¥26.07 · the ¥48.54 price screens above the ¥20.86 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

Yongxing Special Materials Technology Co (002756) currently trades at ¥48.54, while our model-based Fair Value estimate is ¥20.86, implying the stock looks roughly 57.0% overvalued today. The Quality Score stands at 56/100 (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, Yongxing Special Materials Technology Co generated revenue of 8.1B CNY at a net margin of 11.9%. Revenue grew 35.8% year over year. It earns a return on equity of 7.3%. The balance sheet holds a net cash position of 6.0B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥15.64 (bear case) to ¥26.07 (bull case); at ¥48.54, 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 46% below its 52-week high and 66% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at -57%, 002756 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 BearBaseBull Evidence
Highest evidence
Growth DCF ¥13.65 ¥16.20 ¥19.79 80
Residual Income ¥18.28 ¥18.72 ¥18.31 76
Rev-Margin DCF ¥16.40 ¥21.94 ¥28.10 74
All 26 models by family
DCF Models
FCF DCF ¥13.52 ¥16.36 ¥20.57 38
Owner Earnings ¥23.80 ¥31.90 ¥43.94 31
5Y Revenue Exit ¥16.40 ¥21.99 ¥29.10 39
5Y EBITDA Exit ¥17.39 ¥23.81 ¥31.22 41
5Y P/E Exit ¥18.89 ¥26.56 ¥34.49 38
10Y Revenue Exit ¥14.98 ¥19.81 ¥26.22 36
10Y EBITDA Exit ¥15.92 ¥21.06 ¥27.81 37
10Y P/E Exit ¥16.87 ¥22.95 ¥30.26 35
Earnings-Based
Graham-Dodd ¥8.34 ¥23.49 ¥30.91 54
Lynch FV ¥4.76 ¥6.80 ¥8.84 50
PEG = 1.0 ¥4.76 ¥6.80 ¥8.84 46
EPV ¥15.11 ¥16.29 ¥17.33 59
Dividend Discount
Gordon GGM ¥7.28 ¥15.13 ¥24.00 70
DDM Multi-Stage ¥7.28 ¥11.53 ¥15.88 61
Multiples
P/E Multiple ¥15.64 ¥20.86 ¥26.07 63
P/S Multiple ¥15.49 ¥20.65 ¥25.82 58
P/B Multiple ¥15.64 ¥20.86 ¥26.07 55
EV/EBIT ¥20.15 ¥24.20 ¥28.25 53
EV/EBITDA ¥21.02 ¥25.36 ¥29.70 54
EV/Revenue ¥18.53 ¥23.04 ¥27.56 43
Asset-Based
NCAV (Graham) ¥11.76 ¥15.76 ¥23.52 50
Growth DCF
Growth DCF ¥13.65 ¥16.20 ¥19.79 80
Rev-Margin DCF ¥16.40 ¥21.94 ¥28.10 74
Economic Profit
Residual Income ¥18.28 ¥18.72 ¥18.31 76
ROIC Compounder ¥15.11 ¥16.29 ¥17.33 72
Growth Earnings
Growth-Adj P/E ¥12.78 ¥18.26 ¥23.74 68

Widest divergence: DCF Models (¥21.99) versus Earnings-Based (¥6.80). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.1B CNY
Revenue growth (YoY) +35.8%
Net margin 11.9%
Return on equity 7.3%
Free cash flow 269M CNY FY2025
P/E ratio 35.3
More key figures
Operating margin 24.0%
EPS (TTM) ¥1.81
Dividend yield 1.1%
EPS growth (YoY) +156%
Net cash 6.0B CNY FY2024

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 50

Profitability 32
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 70
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

Yongxing Special Materials Technology Co.,Ltd engages in the development, production, and sale of stainless steel rods and wires, special alloy materials, and lithium battery materials in China and internationally.

Full company description

Yongxing Special Materials Technology Co.,Ltd engages in the development, production, and sale of stainless steel rods and wires, special alloy materials, and lithium battery materials in China and internationally. The company offers austentic, duplex, and ferritic stainless steel; iron nickel based alloy; lithium titanate batteries, as well as battery-grade lithium carbonate. Its products are used in petrochemical, energy and electricity, EADS, power battery, energy storage, computers, communications, consumer electronics, energy vehicles, electrochemical energy storage, and rail transit. The company was founded in 2000 and is based in Huzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yongxing Special Materials Technology Co reported revenue of ¥7.4B in FY2025 versus ¥7.2B in FY2021, a compound +0.8%/yr. Reported net income was ¥661M in FY2025, compounding −7.1%/yr from FY2021.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
7.4B CNY
Latest YoY
−8.1%
Avg. growth/yr (3Y)
−21.9%
Avg. growth/yr (5Y)
+8.3%
Avg. growth/yr (16Y)
+7.5%
Revenue +0.8%/yr
FY21 ¥7.2B
FY22 ¥15.6B
FY23 ¥12.2B
FY24 ¥8.1B
FY25 ¥7.4B
Net income −7.1%/yr
FY21 ¥887M
FY22 ¥6.3B
FY23 ¥3.4B
FY24 ¥1.0B
FY25 ¥661M

002756 screens 57% overvalued. Compare with Tata Steel Limited →

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Cite: Fair Value Calculator (2026). "Yongxing Special Materials Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/002756

Peer Group

Steel · 378 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 56 · Above median
Fair Value upside −57% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 24% · Top 25%
Revenue growth 36% · Top 25%
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 35.3× · Pricier than 75% of peers
P/B 2.71× · Pricier than 75% of peers
P/S (TTM) 4.27× · Pricier than 75% of peers
P/FCF 19.0× · Pricier than 75% of peers
EV/EBITDA 23.9× · 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 20
FUTURE 100 · sector 4
PAST 29 · sector 15
HEALTH 100 · sector 95
DIVIDEND 21 · sector 41

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Yongxing Special Materials Technology Co (002756) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥20.86 versus a price of ¥48.54, about −57% (overvalued).
What is the fair value of 002756?
Our model-based fair value for Yongxing Special Materials Technology Co is ¥20.86 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥48.54.
What is the quality score of 002756?
Yongxing Special Materials Technology Co has a Quality Score of 56/100. 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 Yongxing Special Materials Technology Co (002756)?
Yongxing Special Materials Technology Co reported trailing-twelve-month revenue of about 8.1B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002756?
The net profit margin of Yongxing Special Materials Technology Co is about 11.9%, meaning it keeps roughly 11.9% of revenue as net income. Based on the latest reported figures.
Does Yongxing Special Materials Technology Co pay a dividend?
Yongxing Special Materials Technology Co currently shows a dividend yield of about 1.07% 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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