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Yinbang Clad Material (300337) Fair Value & Analysis

Basic Materials · CN · Market cap 10.0B CNY (≈ $1.5B) · ISIN CNE100001JS6

What is Yinbang Clad Material really worth?

YC Yinbang Clad Material 300337 · SHE
Price¥10.21
Fair Value¥1.20
Upside−88.3%
Quality41/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Below-average quality, and trading another 751% above our fair value of ¥1.20.

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Risks

!Expensive Growth (revenue 5y +22.0 %/yr)
!Thin margins · 1.3% net margin
!Moderate debt · negative free cash flow
!Trails peers (1/13)
!Narrow moat 24/100
!Evidence only low, so the estimate is less certain
!Weak on past: 20 out of 100
!Weak on dividend: 2 out of 100

For context

·0.10% dividend yield
Evidence: Low Range ¥0.8400 – ¥1.29

Fair value as of: Aug 14, 2026

From 16 valuation models · updated 19 days ago

Share price +9.9% 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 above even our optimistic bull case (¥1.29). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

¥21.16 ¥4.41 Fair Value ¥1.20 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range ¥4.41 – ¥21.16 · fair‑value band ¥0.8400 – ¥1.29 · the ¥10.21 price screens above the ¥1.20 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Yinbang Clad Material (300337) currently trades at ¥10.21, while our model-based Fair Value estimate is ¥1.20, implying the stock looks roughly 751.1% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Basic Materials sector. Bull case: the Dividend Discount group reads highest at a median of ¥2.68 per share, and 0 of the 16 models we run sit above the ¥10.21 price. Bear case: the Economic Profit group reads lowest at ¥0.8600, and 16 of the 16 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Yinbang Clad Material generated revenue of 6.9B CNY at a net margin of 1.3%. Revenue grew 38.3% year over year. It earns a return on equity of 4.9%. Net debt stands at 2.6B CNY. Fundamentals as of Aug 14, 2026

Our scenario range runs from ¥0.8400 (bear case) to ¥1.29 (bull case); at ¥10.21, 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 53% 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 12% fair-value upside, at −88%, 300337 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.0671 per share, which is 5.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

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
Residual Income best evidence ¥1.53 ¥1.50 ¥1.26 76
EPV ¥0.4000 ¥0.8600 ¥1.26 70
ROIC Compounder ¥0.4000 ¥0.8600 ¥1.26 69
All 16 models by family
Earnings-Based
Graham-Dodd ¥0.3800 ¥2.21 ¥3.07 63
Lynch FV ¥0.6200 ¥0.8900 ¥1.16 61
PEG = 1.0 ¥0.6200 ¥0.8900 ¥1.16 57
EPV ¥0.4000 ¥0.8600 ¥1.26 70
Dividend Discount
Gordon GGM ¥1.53 ¥3.17 ¥5.03 66
DDM Multi-Stage ¥1.53 ¥2.68 ¥3.33 67
Multiples
P/E Multiple ¥0.7200 ¥0.9600 ¥1.20 63
P/S Multiple ¥0.7200 ¥0.9600 ¥1.20 58
P/B Multiple ¥0.7200 ¥0.9600 ¥1.20 55
EV/EBIT ¥1.02 ¥2.13 ¥3.25 62
EV/EBITDA ¥1.52 ¥2.80 ¥4.09 65
EV/Revenue ¥0.5700 ¥1.82 ¥3.06 49
Asset-Based
NCAV (Graham) ¥1.06 ¥1.42 ¥2.11 54
Economic Profit
Residual Income best evidence ¥1.53 ¥1.50 ¥1.26 76
ROIC Compounder ¥0.4000 ¥0.8600 ¥1.26 69
Growth Earnings
Growth-Adj P/E ¥0.8400 ¥1.20 ¥1.56 67

Widest divergence: Dividend Discount (¥2.68) versus Economic Profit (¥0.8600). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 92.8
P/S ratio 0.67 P/E × margin
EPS (TTM) ¥0.1100 price ÷ EPS = P/E 92.8
Dividend yield 0.1% payout 9.1%
Net margin 0.7% FY2025
Return on equity 4.9% TTM
More key figures
Profitability
Return on assets (EBIT) 1.9% avg 5y
Operating margin 5.1% TTM
Growth
Revenue (TTM) 6.9B CNY TTM
Revenue growth (YoY) +38.3% 3y avg +17.5%
EPS growth (YoY) +274%
Balance sheet & cash flow
Free cash flow −694M CNY FY2025
Net debt 2.6B CNY FY2025

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 25

Profitability 30
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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

Yinbang Clad Material Co.,Ltd researches, develops, produces, and sells aluminum alloy composites, non-composite materials, and multi-metal composite materials in China.

Full company description

Yinbang Clad Material Co.,Ltd researches, develops, produces, and sells aluminum alloy composites, non-composite materials, and multi-metal composite materials in China. The company offers aluminum heat transfer materials, aluminum-steel composite materials, and aluminum alloy composite protective materials; and multi-metal composite materials, such as aluminum steel, aluminum stainless steel, aluminum copper, aluminum titanium, copper steel, and steel stainless steel. It also provides brazed aluminum alloy composites for use in automotive heat exchangers, engineering machinery heat exchangers, power plant air cooling, and residential air conditioning and HVAC systems. Its products are used for transportation, air separation, power plant air cooling, engineering machinery, electricity, household appliances, consumer electronics, and energy storage and other fields. Yinbang Clad Material Co.,Ltd was founded in 1998 and is headquartered in Wuxi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yinbang Clad Material reported revenue of 6.4B CNY in FY2025 versus 3.2B CNY in FY2021, a compound +18.9%/yr. Reported net income was 46.3M CNY in FY2025, compounding +3.3%/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)
6.4B CNY
Latest YoY
+19.5%
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.
+17.5%
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.
+22.0%
Avg. revenue growth/yr (17Y) 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.
+13.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+23.1% (23.0 + 0.1)
Revenue +18.9%/yr
FY21 3.2B CNY
FY22 3.9B CNY
FY23 4.5B CNY
FY24 5.4B CNY
FY25 6.4B CNY
Net income +3.3%/yr
FY21 40.6M CNY
FY22 67.3M CNY
FY23 64.5M CNY
FY24 57.7M CNY
FY25 46.3M CNY
Character of growth · EPS growth decomposed (2013-2024) −0.3 % p.a.
Revenue per share +12.6 %

of which total revenue +12.5 % · buybacks/dilution +0.1 %

EBIT margin −11.4 %
Tax rate +1.4 %
Residual (interest, one-offs) −1.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

300337 screens 751% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →

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Cite: Fair Value Calculator (2026). "Yinbang Clad Material Fair Value". https://www.fairvalue-calculator.com/stock/300337

Peer Group

Aluminum · 90 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 · Below median
Fair Value upside −88% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 5% · Below median
Revenue growth 38% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 1.25× · Higher than 75% of peers

Valuation Multiples vs Aluminum median · lower = cheaper

P/E (TTM) 92.8× · Pricier than 75% of peers
P/B 5.78× · Pricier than 75% of peers
P/S (TTM) 1.45× · Pricier than median
EV/EBITDA 33.8× · Pricier than 75% of peers

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
VALUE0 · sector 6
FUTURE100 · sector 28
PAST20 · sector 28
HEALTH38 · sector 92
DIVIDEND2 · sector 37

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

Similar stocks

10 more Aluminum stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
Shandong Hongqiao Aluminum Industry Holding 002379 ¥21.34 ¥23.44 +10%
China Hongqiao Group 1378 HK$24.44 HK$45.58 +86%
Hindalco Industries Limited HINDALCO ₹1,028 ₹997.35 −3%
Aluminum Corporation 601600 ¥9.45 ¥16.30 +72%
Norsk Hydro ASA NHY kr 92.02 kr 58.10 −37%
Press Metal Aluminium Holdings 8869 7.90 MYR 3.88 MYR −51%
Alcoa Corporation AAI A$73.19 A$49.53 −32%
Yunnan Aluminium Co 000807 ¥25.88 ¥29.68 +15%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥26.92 ¥30.28 +12%
Tianshan Aluminum Group 002532 ¥12.67 ¥21.86 +73%

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Frequently asked questions

Is Yinbang Clad Material (300337) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of ¥1.20 versus a price of ¥10.21, about −88% upside (overvalued).
What is the fair value of 300337?
Our model-based fair value for Yinbang Clad Material is ¥1.20 (as of Aug 14, 2026), built from audited fundamentals. The current price: ¥10.21.
What is the quality score of 300337?
Yinbang Clad Material 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 Yinbang Clad Material (300337)?
Yinbang Clad Material reported trailing-twelve-month revenue of about 6.9B CNY (latest available figure, as of Aug 14, 2026).
What is the net profit margin of 300337?
The net profit margin of Yinbang Clad Material is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.
Does Yinbang Clad Material pay a dividend?
Yinbang Clad Material currently shows a dividend yield of about 0.10% relative to its recent price (as of Aug 14, 2026).
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