EN DE

DongHua Testing Technology Co (300354) Fair Value & Analysis

Technology · CN · Market cap 4.5B CNY

DT DongHua Testing Technology Co 300354 · SHE
Price¥30.30
Fair Value¥17.36
Upside-42.7%
Quality76/100
Watch DongHua Testing Technology Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Highly profitable · 25.7% net margin
Low debt · generates free cash flow
0.63% dividend yield
Ranks above peers (9/14)
Wide moat 76/100
Evidence: High Range ¥13.13 – ¥30.22 Share as image

Fair value as of: Jul 9, 2026

From 26 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥18.62 to ¥17.36 (−6.8%) since Jun 24, 2026. Share price −16.2% over the past month.

A strong business, but screening 43% overvalued on our models.

What matters now

  • A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (¥13.13 to ¥30.22) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥53.66 ¥11.48 Fair Value ¥17.36 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 9, 2026.

How to read this chart

60‑month range ¥11.48 – ¥53.66 · fair‑value band ¥13.13 – ¥30.22 · the ¥30.30 price screens above the ¥17.36 fair value. Dashed = 300-day average. As of Jul 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

DongHua Testing Technology Co (300354) currently trades at ¥30.30, while our model-based Fair Value estimate is ¥17.36, implying the stock looks roughly 42.7% overvalued today. The Quality Score stands at 76/100 (high quality), in the Technology 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, DongHua Testing Technology Co generated revenue of 528M CNY at a net margin of 25.7%. Revenue declined 3.2% year over year. It earns a return on equity of 16.1%. The balance sheet holds a net cash position of 62.3M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥13.13 (bear case) to ¥30.22 (bull case); at ¥30.30, 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, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at -43%, 300354 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 ¥17.88 ¥34.20 ¥59.12 80
Residual Income ¥6.33 ¥8.55 ¥27.20 76
Rev-Margin DCF ¥11.23 ¥18.23 ¥28.04 74
All 26 models by family
DCF Models
FCF DCF ¥18.42 ¥32.13 ¥65.97 38
Owner Earnings ¥14.49 ¥27.95 ¥53.06 31
5Y Revenue Exit ¥11.23 ¥18.36 ¥28.17 39
5Y EBITDA Exit ¥14.82 ¥26.38 ¥41.56 41
5Y P/E Exit ¥16.24 ¥29.55 ¥45.71 38
10Y Revenue Exit ¥13.22 ¥21.12 ¥33.78 36
10Y EBITDA Exit ¥15.87 ¥27.14 ¥45.64 37
10Y P/E Exit ¥16.82 ¥29.51 ¥49.31 35
Earnings-Based
Graham-Dodd ¥6.73 ¥40.11 ¥55.88 54
Lynch FV ¥11.41 ¥16.30 ¥21.19 50
PEG = 1.0 ¥11.41 ¥16.30 ¥21.19 46
EPV ¥10.72 ¥12.22 ¥13.53 59
Dividend Discount
Gordon GGM ¥1.56 ¥3.12 ¥4.72 70
DDM Multi-Stage ¥1.56 ¥2.69 ¥3.29 61
Multiples
P/E Multiple ¥14.85 ¥19.80 ¥24.75 63
P/S Multiple ¥7.20 ¥9.60 ¥12.00 58
P/B Multiple ¥12.62 ¥16.83 ¥21.04 55
EV/EBIT ¥17.64 ¥23.13 ¥28.62 53
EV/EBITDA ¥13.85 ¥18.07 ¥22.30 54
EV/Revenue ¥7.88 ¥10.76 ¥13.64 43
Asset-Based
NCAV (Graham) ¥3.10 ¥4.16 ¥6.21 50
Growth DCF
Growth DCF ¥17.88 ¥34.20 ¥59.12 80
Rev-Margin DCF ¥11.23 ¥18.23 ¥28.04 74
Economic Profit
Residual Income ¥6.33 ¥8.55 ¥27.20 76
ROIC Compounder ¥12.55 ¥17.12 ¥23.36 72
Growth Earnings
Growth-Adj P/E ¥16.27 ¥23.24 ¥30.22 68

Widest divergence: DCF Models (¥27.14) versus Dividend Discount (¥2.69). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 528M CNY
Revenue growth (YoY) -3.2%
Net margin 25.7%
Return on equity 16.1%
Free cash flow 175M CNY FY2025
P/E ratio 33.5
More key figures
Operating margin 27.1%
EPS (TTM) ¥0.9800
Dividend yield 0.6%
EPS growth (YoY) -5.7%
Net cash 62.3M CNY FY2024

Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 76 · Market factors (momentum, volatility) 29

Profitability 69
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 7
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.

About the company

DongHua Testing Technology Co. , Ltd. provides structural mechanical properties research and solutions for electrochemical workstations in China.

Full company description

DongHua Testing Technology Co. , Ltd. provides structural mechanical properties research and solutions for electrochemical workstations in China. The company offers structural mechanical performance products, including data acquisition system, software platforms, sensors, experimental teaching system, metrology calibration products, and attachment and other products; customized measurement and control analysis system; and equipment failure prediction and health management system. It also provides various solution comprising structural fatigue life, acoustic, structural dynamic, and rotating machinery analysis, as well as influence of external forces on the structure and PMH solutions. In addition, the company offers presales and after sales support, product customization, and calibration services. It serves aerospace, shipbuilding, bridge construction, rail transportation, automobile, and energy and chemical industries. The company was founded in 1993 and is based in Jingjiang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DongHua Testing Technology Co reported revenue of ¥531M in FY2025 versus ¥257M in FY2021, a compound +19.9%/yr. Reported net income was ¥137M in FY2025, compounding +14.4%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
531M CNY
Latest YoY
+5.7%
Avg. growth/yr (3Y)
+13.1%
Avg. growth/yr (5Y)
+20.9%
Avg. growth/yr (16Y)
+16.9%
Revenue +19.9%/yr
FY21 ¥257M
FY22 ¥367M
FY23 ¥378M
FY24 ¥502M
FY25 ¥531M
Net income +14.4%/yr
FY21 ¥80.0M
FY22 ¥122M
FY23 ¥87.7M
FY24 ¥122M
FY25 ¥137M

300354 screens 43% overvalued. Compare with Keysight Technologies, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "DongHua Testing Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/300354

Peer Group

Scientific & Technical Instruments · 161 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 76 · Top 25%
Fair Value upside −43% · Above median
Return on equity (TTM) 16% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 26% · Top 25%
Operating margin (TTM) 27% · Top 25%
Revenue growth -3% · Below median
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 33.5× · Cheaper than median
P/B 5.29× · Pricier than 75% of peers
P/S (TTM) 8.61× · Pricier than 75% of peers
P/FCF 3.9× · Cheaper than median
EV/EBITDA 26.3× · Pricier than median

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 0 · sector 34
PAST 64 · sector 25
HEALTH 100 · sector 98
DIVIDEND 13 · sector 24

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Keysight Technologies, Inc KEYS $315.90 $84.16 -73%
Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

Compare DongHua Testing Technology Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is DongHua Testing Technology Co (300354) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥17.36 versus a price of ¥30.30, about −43% (overvalued).
What is the fair value of 300354?
Our model-based fair value for DongHua Testing Technology Co is ¥17.36 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥30.30.
What is the quality score of 300354?
DongHua Testing Technology Co has a Quality Score of 76/100. 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 DongHua Testing Technology Co (300354)?
DongHua Testing Technology Co reported trailing-twelve-month revenue of about 528M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300354?
The net profit margin of DongHua Testing Technology Co is about 25.7%, meaning it keeps roughly 25.7% of revenue as net income. Based on the latest reported figures.
Does DongHua Testing Technology Co pay a dividend?
DongHua Testing Technology Co currently shows a dividend yield of about 0.63% relative to its recent price (as of Jul 9, 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.

14 days Pro free · no card

Track DongHua Testing Technology Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.