Henan Qingshuiyuan Technology Co Ltd (300437) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Henan Qingshuiyuan Technology Co Ltd ¥5.43, price ¥10.65, upside -49.0%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Henan Qingshuiyuan Technology Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
60‑month range ¥6.45 – ¥50.99 · fair‑value band ¥5.36 – ¥5.50 · the ¥10.65 price screens above the ¥5.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 4, 2026.
Follow Henan Qingshuiyuan Technology Co in your weekly email
Every Wednesday you see whether Henan Qingshuiyuan Technology Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Henan Qingshuiyuan Technology CO.,Ltd engages in production, and sales of water treatment chemicals in China. The company offers phosphonate, salts of phosphonate, polymer, metal corrosion inhibitor, biocide and algicide, and phosphorous acid.
Show more
Henan Qingshuiyuan Technology CO.,Ltd engages in production, and sales of water treatment chemicals in China. The company offers phosphonate, salts of phosphonate, polymer, metal corrosion inhibitor, biocide and algicide, and phosphorous acid. Its products are used in electricity, steel, petroleum, chemical, coal chemical, metal smelting, daily chemical, textile, printing and dyeing, paper making, and various sewage plants. The company exports its products to approximately 50 countries. The company was founded in 1995 and is based in Jiyuan, China.
Stock analysis
Henan Qingshuiyuan Technology Co Ltd (300437) currently trades at ¥10.65, while our model-based Fair Value estimate is ¥5.43, 49.0% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of ¥3.78 per share, and 0 of the 14 models we run sit above the ¥10.65 price.
Bear case: the Earnings-Based group reads lowest at ¥0.8100, and 14 of the 14 models stay below the price. Evidence for this calculation is medium.
Scenario range: ¥5.36 (bear) to ¥5.50 (bull), the price of ¥10.65 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Henan Qingshuiyuan Technology Co Ltd reported revenue of 869M CNY in FY2025 versus 1.6B CNY in FY2021, a compound −14.7%/yr. Reported net income was −40.6M CNY in FY2025.
Key figures
Market cap 2.7B CNY (≈ $401M) · P/S ratio 2.76 · EPS (TTM) ¥−0.0600 · Dividend yield 0.5% · Net margin −4.7% · Return on equity −1.0% · Return on assets (EBIT) −0.3% · Operating margin 1.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (medium confidence).
What moves the price
The share trades about 56% below its 52-week high and 21% 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 −49%, 300437 screens richer than that median.
Fair Value models
Bear ¥5.36Fair Value ¥5.43Bull ¥5.50
Price ¥10.65 · Upside -49.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.23/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−20.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−21.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.8%
Start year 2020 (pandemic). Over 10 years: +8.1% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−31.3% (2020) → 0.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +15.8% a year for the price.
Compare Henan Qingshuiyuan Technology Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Specialty Chemicals · 688 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−49.0% · Below median
Profitability
Return on assets0.1% · Bottom 25%
Net margin (TTM)−1.8% · Bottom 25%
Operating margin (TTM)1.6% · Bottom 25%
Growth and dividend
Revenue growth9.2% · Below median
Dividend yield (TTM)0.5% · Bottom 25%
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/B0.29× · Cheapest 25%
P/S (TTM)0.43× · Cheapest 25%
P/FCF4.3× · Cheapest 25%
EV/EBITDA2.2× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)46· sector 59
PAST (return on equity)0· sector 26
HEALTH (low debt)93· sector 95
DIVIDEND (yield)10· sector 29
VALUE 0: the price sits above our fair-value range.
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). "Henan Qingshuiyuan Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/300437
Frequently asked questions
Is Henan Qingshuiyuan Technology Co Ltd (300437) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of ¥5.43 versus a price of ¥10.65, about −49% upside (overvalued).
What is the fair value of 300437?
Our model-based fair value for Henan Qingshuiyuan Technology Co Ltd is ¥5.43 (as of Oct 4, 2026), built from audited fundamentals. The current price: ¥10.65.
What is the quality score of 300437?
Henan Qingshuiyuan Technology Co Ltd has a Quality Score of 59/100. 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 price target for Henan Qingshuiyuan Technology Co Ltd (300437)?
Our model-based price target is the fair value of ¥5.43 (as of Oct 4, 2026) from 14 valuation models. Cautious scenario ¥5.36, optimistic scenario ¥5.50. It is a calculation from audited fundamentals, not an analyst target.
What is the Henan Qingshuiyuan Technology Co Ltd stock forecast for 2026?
Our models put fair value at ¥5.43, about −49% upside versus a price of ¥10.65 (overvalued). Cautious scenario ¥5.36, optimistic scenario ¥5.50. The calculation is refreshed regularly with new filings.
What is the revenue of Henan Qingshuiyuan Technology Co Ltd (300437)?
Henan Qingshuiyuan Technology Co Ltd reported trailing-twelve-month revenue of about 945M CNY (latest available figure, as of Oct 4, 2026).
Does Henan Qingshuiyuan Technology Co Ltd pay a dividend?
Henan Qingshuiyuan Technology Co Ltd currently shows a dividend yield of about 0.50% relative to its recent price (as of Oct 4, 2026).
What growth is priced into Henan Qingshuiyuan Technology Co Ltd (300437)?
For today's price to be fair in a discounted-cash-flow model, Henan Qingshuiyuan Technology Co Ltd would have to grow free cash flow by +17.7 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -6.8 % per year. As of Oct 4, 2026.
What discount rate (WACC) does the fair value of 300437 use?
Our models discount Henan Qingshuiyuan Technology Co Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.34, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Henan Qingshuiyuan Technology Co Ltd that is +17.7 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Henan Qingshuiyuan Technology Co Ltd (300437) delivered so far?
Over the past 5 years revenue at Henan Qingshuiyuan Technology Co Ltd grew -6.8 % a year. The price currently implies +17.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Henan Qingshuiyuan Technology Co Ltd (300437) growing?
The median revenue growth in the sector is +8.8 % a year. That is the yardstick for the growth priced into Henan Qingshuiyuan Technology Co Ltd (+17.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Henan Qingshuiyuan Technology Co Ltd (300437)?
The free-cash-flow yield on the price is 3.46 %: that much free cash flow Henan Qingshuiyuan Technology Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Henan Qingshuiyuan Technology Co Ltd (300437)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Henan Qingshuiyuan Technology Co Ltd it is ¥5.43 per share (as of Oct 4, 2026), against a price of ¥10.65. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Henan Qingshuiyuan Technology Co Ltd stock overvalued or undervalued in 2026?
As of Oct 4, 2026, 300437 trades above its calculated fair value: price ¥10.65, fair value ¥5.43, a gap of about −49% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 300437?
No. The price is what the market pays today (¥10.65); the fair value is what the company's own numbers justify (¥5.43). For Henan Qingshuiyuan Technology Co Ltd the two are ¥5.22 per share apart. That gap is exactly why we show both numbers side by side.
How much is Henan Qingshuiyuan Technology Co Ltd worth?
The market values Henan Qingshuiyuan Technology Co Ltd at about 2.7B CNY (market capitalisation, as of Oct 4, 2026). Per share that is ¥10.65; our models calculate a fair value of ¥5.43 per share.
What do the bullish and bearish scenarios say about 300437?
Our models span a range for Henan Qingshuiyuan Technology Co Ltd: cautious scenario ¥5.36, base ¥5.43, optimistic ¥5.50 per share (as of Oct 4, 2026, price ¥10.65). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Henan Qingshuiyuan Technology Co Ltd (300437)?
Balance-sheet figures for Henan Qingshuiyuan Technology Co Ltd (as of Oct 4, 2026): return on equity −1.0%, debt of 0.14 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is 300437 from its 52-week high?
Henan Qingshuiyuan Technology Co Ltd trades at ¥10.65, about 56% below its 52-week high of ¥24.08 and 21% above the low of ¥8.82 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥5.43 is for.
Which stocks are comparable to Henan Qingshuiyuan Technology Co Ltd?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Henan Qingshuiyuan Technology Co Ltd stock attractive at the current price?
The data as of Oct 4, 2026: price ¥10.65, calculated fair value ¥5.43 (−49%), Quality Score 59/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 300437 calculated?
We run Henan Qingshuiyuan Technology Co Ltd through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥5.43, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. Henan Qingshuiyuan Technology Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Henan Qingshuiyuan Technology Co Ltd (300437)?
The closing price on Sep 30, 2026 was ¥10.65. Our model-based fair value is ¥5.43, about −49% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Henan Qingshuiyuan Technology Co Ltd right now?
The price sits above even our optimistic bull case (¥5.50). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (¥5.36 to ¥5.50), unusually little disagreement for a valuation.
Key figures of Henan Qingshuiyuan Technology Co Ltd
How large is the market capitalisation of Henan Qingshuiyuan Technology Co Ltd (300437)?
The market capitalisation of Henan Qingshuiyuan Technology Co Ltd is 2.7B CNY (≈ $401M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Henan Qingshuiyuan Technology Co Ltd (300437)?
The price-to-sales ratio of Henan Qingshuiyuan Technology Co Ltd is 2.76 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Henan Qingshuiyuan Technology Co Ltd (300437)?
Earnings per share at Henan Qingshuiyuan Technology Co Ltd are ¥−0.0600. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Henan Qingshuiyuan Technology Co Ltd (300437)?
The dividend yield of Henan Qingshuiyuan Technology Co Ltd is 0.5%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Henan Qingshuiyuan Technology Co Ltd (300437)?
The net margin of Henan Qingshuiyuan Technology Co Ltd is −4.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Henan Qingshuiyuan Technology Co Ltd (300437)?
The return on equity (ROE) of Henan Qingshuiyuan Technology Co Ltd is −1.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Henan Qingshuiyuan Technology Co Ltd (300437)?
On an EBIT basis the return on assets of Henan Qingshuiyuan Technology Co Ltd is −0.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Henan Qingshuiyuan Technology Co Ltd (300437)?
The operating margin of Henan Qingshuiyuan Technology Co Ltd is 1.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Henan Qingshuiyuan Technology Co Ltd (300437)?
Revenue at Henan Qingshuiyuan Technology Co Ltd is growing +9.2% versus a year earlier (3y avg −21.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Henan Qingshuiyuan Technology Co Ltd (300437)?
Earnings per share at Henan Qingshuiyuan Technology Co Ltd are growing −57.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Henan Qingshuiyuan Technology Co Ltd (300437) hold?
Henan Qingshuiyuan Technology Co Ltd holds more cash than debt, 34.4M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Henan Qingshuiyuan Technology Co Ltd in the live analysis
One click puts Henan Qingshuiyuan Technology Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
