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Jiangsu Zhengdan Chemical Industry Co (300641) Fair Value & Analysis

Basic Materials · CN · Market cap 9.8B CNY

JZ Jiangsu Zhengdan Chemical Industry Co 300641 · SHE
Price¥14.69
Fair Value¥18.84
Upside+28.3%
Quality65/100
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Mixed Growth
Highly profitable · 20.7% net margin
Low debt · generates free cash flow
4.48% dividend yield
Ranks above peers (10/14)
Moderate moat 63/100
Evidence: High Range ¥14.71 – ¥29.24 Share as image

Fair value as of: Jul 9, 2026

From 24 valuation models · updated 32 days ago

Share price −1.8% over the past month.

A solid business, screening 28% undervalued on our models.

What matters now

  • Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (¥14.71 to ¥29.24) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥32.27 ¥2.80 Fair Value ¥18.84 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 ¥2.80 – ¥32.27 · fair‑value band ¥14.71 – ¥29.24 · the ¥14.69 price screens below the ¥18.84 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Jiangsu Zhengdan Chemical Industry Co (300641) currently trades at ¥14.69, while our model-based Fair Value estimate is ¥18.84, implying the stock looks roughly 28.3% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Jiangsu Zhengdan Chemical Industry Co generated revenue of 1.9B CNY at a net margin of 20.7%. Revenue declined 46.1% year over year. It earns a return on equity of 12.2%. The balance sheet holds a net cash position of 1.2B CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥14.71 (bear case) to ¥29.24 (bull case); at ¥14.69, the current price sits below 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 43% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 28%, 300641 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 ¥27.08 ¥43.39 ¥69.37 80
Residual Income ¥8.61 ¥11.50 ¥50.61 76
Rev-Margin DCF ¥14.31 ¥19.12 ¥25.34 74
All 24 models by family
DCF Models
FCF DCF ¥27.27 ¥45.13 ¥74.66 38
Owner Earnings ¥19.70 ¥31.94 ¥52.16 31
5Y Revenue Exit ¥14.31 ¥18.87 ¥24.45 39
5Y EBITDA Exit ¥18.86 ¥28.17 ¥39.44 41
5Y P/E Exit ¥21.87 ¥34.31 ¥48.26 38
10Y Revenue Exit ¥18.51 ¥24.25 ¥31.94 36
10Y EBITDA Exit ¥21.60 ¥30.88 ¥44.10 37
10Y P/E Exit ¥23.54 ¥35.25 ¥51.25 35
Earnings-Based
Graham-Dodd ¥9.24 ¥41.56 ¥56.97 54
Lynch FV ¥10.83 ¥15.48 ¥20.12 50
PEG = 1.0 ¥10.83 ¥15.48 ¥20.12 46
EPV ¥13.53 ¥15.15 ¥16.55 59
Multiples
P/E Multiple ¥17.33 ¥23.10 ¥28.88 63
P/S Multiple ¥4.90 ¥6.54 ¥8.17 58
P/B Multiple ¥13.75 ¥18.33 ¥22.91 55
EV/EBIT ¥19.26 ¥24.59 ¥29.92 53
EV/EBITDA ¥15.64 ¥19.77 ¥23.90 54
EV/Revenue ¥7.83 ¥9.79 ¥11.75 43
Asset-Based
NCAV (Graham) ¥3.05 ¥4.09 ¥6.11 50
Growth DCF
Growth DCF ¥27.08 ¥43.39 ¥69.37 80
Rev-Margin DCF ¥14.31 ¥19.12 ¥25.34 74
Economic Profit
Residual Income ¥8.61 ¥11.50 ¥50.61 76
ROIC Compounder ¥14.56 ¥17.62 ¥21.20 72
Growth Earnings
Growth-Adj P/E ¥15.74 ¥22.49 ¥29.24 68

Widest divergence: DCF Models (¥30.88) versus Asset-Based (¥4.09). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.9B CNY
Revenue growth (YoY) -46.1%
Net margin 20.7%
Return on equity 12.2%
Free cash flow 1.0B CNY FY2025
P/E ratio 24.8
More key figures
Operating margin 16.2%
EPS (TTM) ¥0.7500
Dividend yield 4.5%
EPS growth (YoY) -82.6%
Net cash 1.2B CNY FY2024

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 69 · Market factors (momentum, volatility) 28

Profitability 74
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 50
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

Jiangsu Zhengdan Chemical Industry Co., Ltd. engages in the research, development, manufacture, and sale of environment-friendly materials and fine chemicals in China.

Full company description

Jiangsu Zhengdan Chemical Industry Co., Ltd. engages in the research, development, manufacture, and sale of environment-friendly materials and fine chemicals in China. Its products include vinyltoluene, a mixture of m-methylstyrene and p-methylstyrene, which is used in impregnating insulation paint, coating, and composite industries; and high-flash aromatic naphthas, used as a solvent and diluent of environment-friendly coating and paint, as well as ingredient of printing ink, extractant for production of hydrogen peroxide, solvent for baking coating, emulsion of insecticide, solvent for rubber resin, etc. The company's products also comprise trimellitic anhydride, available in flake and pastille form, primarily used to produce plasticizers, such as trioctyl trimellitate (TOTM), polyester resin for powder coating, polyamide-imide resin for insulating varnish, water-soluble alkyd resin coating, epoxy curing agent, lubricant, etc.; TOTM, a heatproof and durable plasticizer, applied to vinyl chloride copolymer, nitrocellulose, ethyl cellulose and polymethyl methacrylate, etc.; and pseudocumene, used for synthesis of trimellitic anhydride, resin, dyes, and vitamin E, as well as solvent for paint. Jiangsu Zhengdan Chemical Industry Co., Ltd. was founded in 2007 and is based in Zhenjiang, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Zhengdan Chemical Industry Co reported revenue of ¥2.3B in FY2025 versus ¥1.8B in FY2021, a compound +6.8%/yr. Reported net income was ¥714M in FY2025, compounding +61.7%/yr from FY2021.

Growth Quality 89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.3B CNY
Latest YoY
−34.2%
Avg. growth/yr (3Y)
+6.0%
Avg. growth/yr (5Y)
+11.7%
Avg. growth/yr (13Y)
+10.3%
Revenue +6.8%/yr
FY21 ¥1.8B
FY22 ¥1.9B
FY23 ¥1.5B
FY24 ¥3.5B
FY25 ¥2.3B
Net income +61.7%/yr
FY21 ¥104M
FY22 ¥55.8M
FY23 ¥9.9M
FY24 ¥1.2B
FY25 ¥714M

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Cite: Fair Value Calculator (2026). "Jiangsu Zhengdan Chemical Industry Co Fair Value". https://www.fairvalue-calculator.com/stock/300641

Peer Group

Chemicals · 334 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 65 · Top 25%
Fair Value upside +28% · Top 25%
Return on equity (TTM) 12% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth -46% · Bottom 25%
Dividend yield (TTM) 4.5% · Top 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 24.8× · Cheaper than median
P/B 3.05× · Pricier than 75% of peers
P/S (TTM) 5.16× · Pricier than 75% of peers
P/FCF 1.4× · Cheaper than median
EV/EBITDA 16.8× · 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 71 · sector 0
FUTURE 0 · sector 20
PAST 49 · sector 19
HEALTH 95 · sector 94
DIVIDEND 90 · sector 27

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

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is Jiangsu Zhengdan Chemical Industry Co (300641) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥18.84 versus a price of ¥14.69, about +28% (undervalued).
What is the fair value of 300641?
Our model-based fair value for Jiangsu Zhengdan Chemical Industry Co is ¥18.84 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥14.69.
What is the quality score of 300641?
Jiangsu Zhengdan Chemical Industry Co has a Quality Score of 65/100. 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 Jiangsu Zhengdan Chemical Industry Co (300641)?
Jiangsu Zhengdan Chemical Industry Co reported trailing-twelve-month revenue of about 1.9B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 300641?
The net profit margin of Jiangsu Zhengdan Chemical Industry Co is about 20.7%, meaning it keeps roughly 20.7% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Zhengdan Chemical Industry Co pay a dividend?
Jiangsu Zhengdan Chemical Industry Co currently shows a dividend yield of about 4.48% 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.

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