EN DE

Henan Qingshuiyuan Technology CO.,Ltd (300437) Fair Value & Analysis

Basic Materials · CN · Market cap 3.0B CNY

HQ Henan Qingshuiyuan Technology CO.,Ltd 300437 · SHE
Price¥11.33
Fair Value¥11.14
Upside-1.7%
Quality58/100
Watch Henan Qingshuiyuan Technology CO.,Ltd for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -3.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/12)
Narrow moat 24/100
Evidence: Medium Range ¥11.02 – ¥11.28 Share as image

Fair value as of: Jul 9, 2026

From 14 valuation models · updated 32 days ago

Fair value updated Jul 9, 2026, revised from ¥3.85 to ¥11.14 (+189.4%) since Jun 24, 2026. Share price +7.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (¥11.02 to ¥11.28), unusually little disagreement for a valuation.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥50.99 ¥6.45 Fair Value ¥11.14 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 ¥6.45 – ¥50.99 · fair‑value band ¥11.02 – ¥11.28 · the ¥11.33 price screens above the ¥11.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 9, 2026.

Full chart & analysis →

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

Analysis

Henan Qingshuiyuan Technology CO.,Ltd (300437) currently trades at ¥11.33, while our model-based Fair Value estimate is ¥11.14, implying the stock looks roughly 1.7% fairly valued today. The Quality Score stands at 58/100 (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: medium).

Over the trailing twelve months, Henan Qingshuiyuan Technology CO.,Ltd generated revenue of 926M CNY at a net margin of -3.9%. Revenue grew 27.9% year over year. It earns a return on equity of -2.4%. The balance sheet holds a net cash position of 34.4M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥11.02 (bear case) to ¥11.28 (bull case); at ¥11.33, 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 56% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at -2%, 300437 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 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
Growth DCF ¥4.63 ¥5.95 ¥7.71 80
Rev-Margin DCF ¥2.23 ¥2.43 ¥2.70 74
ROIC Compounder ¥0.8100 ¥0.8200 ¥0.8200 72
All 14 models by family
DCF Models
FCF DCF ¥4.52 ¥5.92 ¥7.87 38
Owner Earnings ¥2.35 ¥2.94 ¥3.76 31
5Y Revenue Exit ¥2.23 ¥2.35 ¥2.47 39
5Y EBITDA Exit ¥3.70 ¥4.91 ¥6.26 41
10Y Revenue Exit ¥3.09 ¥3.36 ¥3.59 36
10Y EBITDA Exit ¥3.98 ¥5.03 ¥6.23 37
Earnings-Based
EPV ¥0.8100 ¥0.8200 ¥0.8200 59
Multiples
EV/EBIT ¥0.8200 ¥0.8400 ¥0.8600 53
EV/EBITDA ¥3.55 ¥4.48 ¥5.41 54
EV/Revenue ¥0.8100 ¥0.8300 ¥0.8600 43
Asset-Based
NCAV (Graham) ¥2.82 ¥3.78 ¥5.65 50
Growth DCF
Growth DCF ¥4.63 ¥5.95 ¥7.71 80
Rev-Margin DCF ¥2.23 ¥2.43 ¥2.70 74
Economic Profit
ROIC Compounder ¥0.8100 ¥0.8200 ¥0.8200 72

Widest divergence: Asset-Based (¥3.78) versus Earnings-Based (¥0.8200). Highest evidence: Growth DCF (80).

Notify me when 300437 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 926M CNY
Revenue growth (YoY) +27.9%
Net margin -3.9%
Return on equity -2.4%
Free cash flow 93.0M CNY FY2025
Operating margin 2.1%
More key figures
EPS (TTM) ¥-0.1400
EPS growth (YoY) -57.4%
Net cash 34.4M CNY FY2024

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 35

Profitability 9
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 96
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

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.

Full company description

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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Henan Qingshuiyuan Technology CO.,Ltd reported revenue of ¥869M in FY2025 versus ¥1.6B in FY2021, a compound −14.7%/yr. Reported net income was −¥40.6M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
869M CNY
Latest YoY
−20.4%
Avg. 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.
−21.6%
Avg. 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.
−6.8%
Avg. growth/yr (14Y) 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.
+8.9%
Revenue −14.7%/yr
FY21 ¥1.6B
FY22 ¥1.8B
FY23 ¥1.1B
FY24 ¥1.1B
FY25 ¥869M
Net income
FY21 ¥90.1M
FY22 −¥43.9M
FY23 −¥55.8M
FY24 −¥58.6M
FY25 −¥40.6M

Watch 300437: get an alert when its fair value changes →

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). "Henan Qingshuiyuan Technology CO.,Ltd Fair Value". https://www.fairvalue-calculator.com/stock/300437

Peer Group

Specialty Chemicals · 673 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 58 · Above median
Fair Value upside −2% · Above median
Return on assets -0% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 2% · Bottom 25%
Revenue growth 28% · Top 25%
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/B 0.32× · Cheaper than 75% of peers
P/S (TTM) 0.48× · Cheaper than median
P/FCF 4.7× · Pricier than median
EV/EBITDA 3.5× · Cheaper 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 31 · sector 0
FUTURE 100 · sector 19
PAST 0 · sector 23
HEALTH 93 · sector 95
DIVIDEND 0 · sector 25

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

Compare Henan Qingshuiyuan Technology CO.,Ltd with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials 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 Henan Qingshuiyuan Technology CO.,Ltd (300437) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥11.14 versus a price of ¥11.33, about −2% (fairly valued).
What is the fair value of 300437?
Our model-based fair value for Henan Qingshuiyuan Technology CO.,Ltd is ¥11.14 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥11.33.
What is the quality score of 300437?
Henan Qingshuiyuan Technology CO.,Ltd has a Quality Score of 58/100. 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 Henan Qingshuiyuan Technology CO.,Ltd (300437)?
Henan Qingshuiyuan Technology CO.,Ltd reported trailing-twelve-month revenue of about 926M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300437?
The net profit margin of Henan Qingshuiyuan Technology CO.,Ltd is about -3.9%, meaning it is currently running at a net loss. 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.

14 days Pro free · no card

Track Henan Qingshuiyuan Technology CO.,Ltd 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.