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Dongguan Golden Sun Abrasives Co (300606) Fair Value & Analysis

Industrials · CN · Market cap 6.2B CNY

DG Dongguan Golden Sun Abrasives Co 300606 · SHE
Price¥38.12
Fair Value¥20.53
Upside-46.1%
Quality63/100
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Evidence: High Range ¥15.43 – ¥25.69

Fair value as of: Jul 9, 2026

From 24 valuation models · updated today

Fair value updated Jul 9, 2026 — revised from ¥3.02 to ¥20.53 (+579.8%) since Jun 24, 2026. Share price +8.6% over the past month.

Price vs Fair Value (12 months)

¥51.59 ¥18.51 Fair Value ¥20.53 Jun 2025 Jul 2026

12‑month range ¥18.51 – ¥51.59 · fair‑value band ¥15.43 – ¥25.69 · the ¥38.12 price screens above the ¥20.53 fair value. As of Jul 9, 2026.

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Analysis

Dongguan Golden Sun Abrasives Co (300606) currently trades at ¥38.12, while our model-based Fair Value estimate is ¥20.53 — implying the stock looks roughly 46.1% overvalued today. We read business quality at 63/100 (solid quality), in the Industrials 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, Dongguan Golden Sun Abrasives Co generated revenue of 544M CNY at a net margin of 3.7%. Revenue declined 0.4% year over year. It earns a return on equity of 3.1%. Net debt stands at 108M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥15.43 (bear case) to ¥25.69 (bull case); at ¥38.12, the current price sits above that range. The share trades about 16% below its 52-week high and 107% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside — at -46%, 300606 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 544M CNY
Revenue growth (YoY) -0.4%
Net margin 3.7%
Return on equity 3.1%
Free cash flow 86.3M CNY FY2025
P/E ratio 318.6
More key figures
Operating margin 11.1%
EPS (TTM) ¥0.1400
Dividend yield 0.5%
Net debt 108M CNY FY2025

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

About the company

Dongguan Golden Sun Abrasives Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sales of polishing materials and intelligent equipment in China and internationally. The company offers polishing materials, including water-resistant and dry grinding coated sandpaper, elastic polishing sand film, microcrystalline structure sand, film, polishing wax, leaf wheel cloth, machine soft emery cloth, brown corundum emery cloth, calcined corundum emery cloth, zirconium, corundum emery cloth, ceramic emery cloth, stacked abrasive, abrasive cloth, fine polishing cotton, 3C polishing liquid and silicon wafer polishing liquid for stainless steel, ceramics, metals applications. It also provides grinding and polishing of products, such as glass, wood, and silicon wafer substrate for 3C consumer electronics, automobile, manufacturing and after-sales, integrated circuits, aerospace, home appliances, furniture, ships, machinery, construction, jewelry, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongguan Golden Sun Abrasives Co reported revenue of ¥545M in FY2025 versus ¥447M in FY2021, a compound +5.1%/yr. Reported net income was ¥19.9M in FY2025, compounding −26.3%/yr from FY2021.

Revenue +5.1%/yr
FY21 ¥447M
FY22 ¥395M
FY23 ¥565M
FY24 ¥493M
FY25 ¥545M
Net income −26.3%/yr
FY21 ¥67.5M
FY22 ¥25.8M
FY23 ¥52.3M
FY24 −¥16.4M
FY25 ¥19.9M

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Cite: Fair Value Calculator (2026). "Dongguan Golden Sun Abrasives Co Fair Value". https://www.fairvalue-calculator.com/stock/300606

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Frequently asked questions

Is Dongguan Golden Sun Abrasives Co (300606) undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥20.53 versus a price of ¥38.12 — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 300606?
Our model-based fair value for Dongguan Golden Sun Abrasives Co is ¥20.53 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥38.12.
What is the quality score of 300606?
Dongguan Golden Sun Abrasives Co has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dongguan Golden Sun Abrasives Co (300606)?
Dongguan Golden Sun Abrasives Co reported trailing-twelve-month revenue of about 544M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300606?
The net profit margin of Dongguan Golden Sun Abrasives Co is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Dongguan Golden Sun Abrasives Co pay a dividend?
Dongguan Golden Sun Abrasives Co currently shows a dividend yield of about 0.46% 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.