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Anhui Chaoyue Environmental Protection Technology Co (301049) Fair Value & Analysis

Industrials · CN · Market cap 1.9B CNY

AC Anhui Chaoyue Environmental Protection Technology Co 301049 · SHE
Price¥19.82
Fair Value¥3.87
Upside-80.5%
Quality31/100
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Weak Growth
Loss-making · -73.1% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 6/100
Evidence: Low Range ¥2.89 – ¥5.78 Share as image

Fair value as of: Jul 9, 2026

From 1 valuation models · updated 33 days ago

Fair value updated Jul 9, 2026, revised from ¥26.00 to ¥3.87 (−85.1%) since Jun 24, 2026. Share price +9.1% over the past month.

Below-average quality, and screening another 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥5.78). The favourable scenario is already priced in.
  • Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (¥2.89 to ¥5.78) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥41.82 ¥10.16 Fair Value ¥3.87 Aug 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 ¥10.16 – ¥41.82 · fair‑value band ¥2.89 – ¥5.78 · the ¥19.82 price screens above the ¥3.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Anhui Chaoyue Environmental Protection Technology Co (301049) currently trades at ¥19.82, while our model-based Fair Value estimate is ¥3.87, implying the stock looks roughly 80.5% overvalued today. The Quality Score stands at 31/100 (below-average 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: low).

Over the trailing twelve months, Anhui Chaoyue Environmental Protection Technology Co generated revenue of 178M CNY at a net margin of -73.1%. Revenue declined 35.7% year over year. It earns a return on equity of -22.1%. Net debt stands at 109M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥2.89 (bear case) to ¥5.78 (bull case); at ¥19.82, 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 29% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at -80%, 301049 screens richer 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
NCAV (Graham) ¥2.89 ¥3.87 ¥5.78 50
All 1 models by family
Asset-Based
NCAV (Graham) ¥2.89 ¥3.87 ¥5.78 50

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Key figures & financial health

Revenue (TTM) 178M CNY
Revenue growth (YoY) -35.7%
Net margin -73.1%
Return on equity -22.1%
Free cash flow −6.9M CNY FY2025
Operating margin -57.9%
More key figures
EPS (TTM) ¥-1.38
EPS growth (YoY) -98.9%
Net debt 109M CNY FY2025

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

Quality Score breakdown

Overall quality 31/100

Of which business quality 32 · Market factors (momentum, volatility) 30

Profitability 0
Margins and returns on capital today
Quality Growth 4
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 10
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

Anhui Chaoyue Environmental Protection Technology Co., Ltd. engages in the incineration, landfill, physical and chemical treatment, comprehensive utilization of industrial hazardous waste, and dismantling and sales of waste electrical and electronic products. The company was founded in 2009 and is based in Chuzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Anhui Chaoyue Environmental Protection Technology Co reported revenue of ¥195M in FY2025 versus ¥226M in FY2021, a compound −3.6%/yr. Reported net income was −¥141M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
195M CNY
Latest YoY
−32.8%
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.
−2.6%
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.
−8.7%
Avg. growth/yr (6Y) 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.
−4.5%
Revenue −3.6%/yr
FY21 ¥226M
FY22 ¥211M
FY23 ¥264M
FY24 ¥291M
FY25 ¥195M
Net income
FY21 ¥85.7M
FY22 −¥21.6M
FY23 −¥120M
FY24 −¥69.3M
FY25 −¥141M

301049 screens 80% overvalued. Compare with Waste Management, Inc →

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Cite: Fair Value Calculator (2026). "Anhui Chaoyue Environmental Protection Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/301049

Peer Group

Waste Management · 166 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 32 · Bottom 25%
Fair Value upside −81% · Bottom 25%
Return on assets -7% · Bottom 25%
Net margin (TTM) -73% · Bottom 25%
Operating margin (TTM) -58% · Bottom 25%
Revenue growth -36% · Bottom 25%
Debt / equity 0.05× · Lower than 75% of peers

Valuation Multiples vs Waste Management median · lower = cheaper

P/B 0.51× · Cheaper than 75% of peers
P/S (TTM) 1.57× · 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 8
FUTURE 0 · sector 22
PAST 0 · sector 25
HEALTH 98 · sector 81
DIVIDEND 0 · sector 30

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

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥15.75 ¥20.95 +33%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

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Frequently asked questions

Is Anhui Chaoyue Environmental Protection Technology Co (301049) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥3.87 versus a price of ¥19.82, about −80% (overvalued).
What is the fair value of 301049?
Our model-based fair value for Anhui Chaoyue Environmental Protection Technology Co is ¥3.87 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥19.82.
What is the quality score of 301049?
Anhui Chaoyue Environmental Protection Technology Co has a Quality Score of 31/100. 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 Anhui Chaoyue Environmental Protection Technology Co (301049)?
Anhui Chaoyue Environmental Protection Technology Co reported trailing-twelve-month revenue of about 178M CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301049?
The net profit margin of Anhui Chaoyue Environmental Protection Technology Co is about -73.1%, 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.

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