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Tonze New Energy Technology Co (002759) Fair Value & Analysis

Basic Materials · CN · Market cap 14.1B CNY

TN Tonze New Energy Technology Co 002759 · SHE
Price¥16.59
Fair Value¥4.18
Upside-74.8%
Quality48/100
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Expensive Growth
Thin margins · 8.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Moderate moat 50/100
Evidence: Medium Range ¥2.70 – ¥4.51 Share as image

Fair value as of: Jul 22, 2026

From 16 valuation models · updated 19 days ago

Share price −27.5% over the past month.

Below-average quality, and screening another 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥4.51). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥51.25 ¥5.54 Fair Value ¥4.18 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 ¥5.54 – ¥51.25 · fair‑value band ¥2.70 – ¥4.51 · the ¥16.59 price screens above the ¥4.18 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

Tonze New Energy Technology Co (002759) currently trades at ¥16.59, while our model-based Fair Value estimate is ¥4.18, implying the stock looks roughly 74.8% overvalued today. The Quality Score stands at 48/100 (below-average 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: medium).

Over the trailing twelve months, Tonze New Energy Technology Co generated revenue of 3.4B CNY at a net margin of 8.8%. Revenue grew 91.1% year over year. It earns a return on equity of 11.1%. Net debt stands at 428M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥2.70 (bear case) to ¥4.51 (bull case); at ¥16.59, 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 70% below its 52-week high and 109% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at -75%, 002759 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
Residual Income ¥4.68 ¥4.49 ¥3.67 76
ROIC Compounder ¥4.09 ¥4.63 ¥5.11 72
Gordon GGM ¥0.4900 ¥1.02 ¥1.61 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥1.11 ¥6.96 ¥9.71 54
Lynch FV ¥2.00 ¥2.86 ¥3.72 50
PEG = 1.0 ¥2.00 ¥2.86 ¥3.72 46
EPV ¥4.09 ¥4.63 ¥5.11 59
Dividend Discount
Gordon GGM ¥0.4900 ¥1.02 ¥1.61 70
DDM Multi-Stage ¥0.4900 ¥0.8600 ¥1.07 61
Multiples
P/E Multiple ¥2.70 ¥3.61 ¥4.51 63
P/S Multiple ¥2.09 ¥2.79 ¥3.48 58
P/B Multiple ¥2.09 ¥2.79 ¥3.48 55
EV/EBIT ¥5.97 ¥7.69 ¥9.41 53
EV/EBITDA ¥8.16 ¥10.61 ¥13.06 54
EV/Revenue ¥4.29 ¥5.78 ¥7.27 43
Asset-Based
NCAV (Graham) ¥3.28 ¥4.39 ¥6.56 50
Economic Profit
Residual Income ¥4.68 ¥4.49 ¥3.67 76
ROIC Compounder ¥4.09 ¥4.63 ¥5.11 72
Growth Earnings
Growth-Adj P/E ¥2.92 ¥4.18 ¥5.43 68

Widest divergence: Economic Profit (¥4.49) versus Dividend Discount (¥0.8600). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 3.4B CNY
Revenue growth (YoY) +91.1%
Net margin 8.8%
Return on equity 11.1%
Free cash flow −652M CNY FY2025
P/E ratio 47.8
More key figures
Operating margin 30.5%
EPS (TTM) ¥0.5900
EPS growth (YoY) -94.6%
Net debt 428M CNY FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 44 · Market factors (momentum, volatility) 43

Profitability 22
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 41
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

Tonze New Energy Technology Co.,Ltd. engages in the production and sale of lithium hexafluorophosphate and related fluorochemical products in China. It operates through four segments: Management, Home Appliances & Related Products, Lithium-ion Battery Materials, and Phosphorus Chemicals.

Full company description

Tonze New Energy Technology Co.,Ltd. engages in the production and sale of lithium hexafluorophosphate and related fluorochemical products in China. It operates through four segments: Management, Home Appliances & Related Products, Lithium-ion Battery Materials, and Phosphorus Chemicals. The company also offers sodium fluoroaluminate, potassium fluoroborate, potassium fluorotitanate, potassium fluorozirconate, hydrochloric acid, and calcium chloride. Tonze New Energy Technology Co.,Ltd. was formerly known as Guangdong Tonze Electric Co., Ltd. The company was founded in 1996 and is based in Shantou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tonze New Energy Technology Co reported revenue of ¥3.0B in FY2025 versus ¥2.3B in FY2021, a compound +7.1%/yr. Reported net income was ¥82.2M in FY2025, compounding −42.4%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.0B CNY
Latest YoY
+44.2%
Avg. growth/yr (3Y)
−3.3%
Avg. growth/yr (5Y)
+31.9%
Avg. growth/yr (14Y)
+18.6%
Revenue +7.1%/yr
FY21 ¥2.3B
FY22 ¥3.3B
FY23 ¥2.2B
FY24 ¥2.1B
FY25 ¥3.0B
Net income −42.4%/yr
FY21 ¥745M
FY22 ¥526M
FY23 ¥36.6M
FY24 −¥1.4B
FY25 ¥82.2M

002759 screens 75% overvalued. Compare with BASF SE →

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Cite: Fair Value Calculator (2026). "Tonze New Energy Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/002759

Peer Group

Chemicals · 334 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 48 · Below median
Fair Value upside −75% · Bottom 25%
Return on equity (TTM) 11% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 30% · Top 25%
Revenue growth 91% · Top 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 47.8× · Pricier than median
P/B 4.30× · Pricier than 75% of peers
P/S (TTM) 4.12× · Pricier than 75% of peers
EV/EBITDA 19.1× · 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 0
FUTURE 100 · sector 20
PAST 44 · sector 19
HEALTH 96 · sector 94
DIVIDEND 0 · sector 27

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

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is Tonze New Energy Technology Co (002759) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥4.18 versus a price of ¥16.59, about −75% (overvalued).
What is the fair value of 002759?
Our model-based fair value for Tonze New Energy Technology Co is ¥4.18 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥16.59.
What is the quality score of 002759?
Tonze New Energy Technology Co has a Quality Score of 48/100. 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 Tonze New Energy Technology Co (002759)?
Tonze New Energy Technology Co reported trailing-twelve-month revenue of about 3.4B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002759?
The net profit margin of Tonze New Energy Technology Co is about 8.8%, meaning it keeps roughly 8.8% 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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