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Shenzhen Jdd Tech New Material Co (301538) Fair Value & Analysis

Basic Materials · CN · Market cap 7.4B CNY

SJ Shenzhen Jdd Tech New Material Co 301538 · SHE
Price¥39.94
Fair Value¥35.55
Upside-11.0%
Quality43/100
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Mixed Growth
Solidly profitable · 18.0% net margin
Low debt · negative free cash flow
0.33% dividend yield
Mixed vs. peers (6/13)
Moderate moat 63/100
Evidence: Medium Range ¥26.66 – ¥44.44 Share as image

Fair value as of: Jul 9, 2026

From 15 valuation models · updated 32 days ago

Share price −15.8% over the past month.

Below-average quality, and screening another 11% overvalued on our models.

What matters now

  • Our model range runs from ¥26.66 (bear) to ¥44.44 (bull), base ¥35.55. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 43/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (2 years)

¥83.17 ¥26.99 Fair Value ¥35.55 Mar 2024 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

29‑month range ¥26.99 – ¥83.17 · fair‑value band ¥26.66 – ¥44.44 · the ¥39.94 price screens above the ¥35.55 fair value. Dashed = 300-day average. As of Jul 9, 2026.

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Analysis

Shenzhen Jdd Tech New Material Co (301538) currently trades at ¥39.94, while our model-based Fair Value estimate is ¥35.55, implying the stock looks roughly 11.0% overvalued today. The Quality Score stands at 43/100 (below-average 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, Shenzhen Jdd Tech New Material Co generated revenue of 1.0B CNY at a net margin of 18.0%. Revenue declined 1.4% year over year. It earns a return on equity of 13.2%. The balance sheet holds a net cash position of 71.3M CNY. Fundamentals as of Jul 9, 2026

Our scenario range runs from ¥26.66 (bear case) to ¥44.44 (bull case); at ¥39.94, the current price sits within 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 53% below its 52-week high and 12% 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 -11%, 301538 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
Residual Income ¥12.40 ¥15.33 ¥35.60 76
ROIC Compounder ¥26.55 ¥38.51 ¥45.75 72
Growth-Adj P/E ¥43.46 ¥62.09 ¥80.72 68
All 15 models by family
DCF Models
Owner Earnings ¥13.95 ¥27.39 ¥54.56 31
Earnings-Based
Graham-Dodd ¥12.09 ¥84.29 ¥118.29 54
Lynch FV ¥35.65 ¥50.93 ¥66.20 50
PEG = 1.0 ¥35.65 ¥50.93 ¥66.20 46
EPV ¥20.73 ¥23.54 ¥25.97 59
Multiples
P/E Multiple ¥26.66 ¥35.55 ¥44.44 63
P/S Multiple ¥17.53 ¥23.37 ¥29.21 58
P/B Multiple ¥22.66 ¥30.22 ¥37.77 55
EV/EBIT ¥33.10 ¥43.17 ¥53.23 53
EV/EBITDA ¥30.11 ¥39.18 ¥48.24 54
EV/Revenue ¥19.27 ¥26.28 ¥33.29 43
Asset-Based
NCAV (Graham) ¥6.52 ¥8.73 ¥13.03 50
Economic Profit
Residual Income ¥12.40 ¥15.33 ¥35.60 76
ROIC Compounder ¥26.55 ¥38.51 ¥45.75 72
Growth Earnings
Growth-Adj P/E ¥43.46 ¥62.09 ¥80.72 68

Widest divergence: Growth Earnings (¥62.09) versus Asset-Based (¥8.73). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.0B CNY
Revenue growth (YoY) -1.4%
Net margin 18.0%
Return on equity 13.2%
Free cash flow −33.4M CNY FY2025
P/E ratio 39.9
More key figures
Operating margin 19.9%
EPS (TTM) ¥1.68
Dividend yield 0.3%
EPS growth (YoY) -24.1%
Net cash 71.3M CNY FY2024

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 46 · Market factors (momentum, volatility) 30

Profitability 58
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 6
Disciplined investing over empire-building
Low Volatility 32
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 17
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

Shenzhen Jdd Tech New Material Co., Ltd engages in the research, design, development, production and sale of modified polymer protective materials in China. The company provides functional protective sleeves and functional monofilaments.

Full company description

Shenzhen Jdd Tech New Material Co., Ltd engages in the research, design, development, production and sale of modified polymer protective materials in China. The company provides functional protective sleeves and functional monofilaments. It offers PUR pipe, fiber cloth tape, heat shrink braided tubing, super wear-resistant protective sleeve, flat spiral sheath, nylon non-shrink textile sleeve, braided mesh tube, PET telescopic braided mesh tube, and self-winding textile sleeve; thermal insulation sleeve, silver corrugated pipe, aluminum foil tape, heat shield, aluminum foil fiberglass tube and self-winding tube, and aluminum foil corrugated pipe; and double-layer self-winding textile sleeve. The company also provides lightweight shielding sleeve, self-winding shielding sleeve, and tin-plated copper braided tubing; polyester non-shrink textile sleeve, and nylon non-shrink textile sleeve; silicone fiberglass fireproof pipe, silicone fireproof tube, and high-temperature fireproof pipe; and rodent-proof corrugated pipe, cut-resistant corrugated pipe, PET quick-connect tubing, exhaust pipe insulation layer metallic braided mesh tube, tin-plated copper hook mesh, carpet sleeve, and patterned woven mesh tube. Its products used in automotive, construction machinery, railway, communication electronic, medical care, and other applications. The company was founded in 2004 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shenzhen Jdd Tech New Material Co reported revenue of ¥1.0B in FY2025 versus ¥467M in FY2021, a compound +21.8%/yr. Reported net income was ¥195M in FY2025, compounding +18.6%/yr from FY2021.

Growth Quality 60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.0B CNY
Latest YoY
+18.7%
Avg. growth/yr (3Y)
+25.3%
Avg. growth/yr (5Y)
+25.8%
Avg. growth/yr (12Y)
+29.0%
Revenue +21.8%/yr
FY21 ¥467M
FY22 ¥522M
FY23 ¥644M
FY24 ¥865M
FY25 ¥1.0B
Net income +18.6%/yr
FY21 ¥98.5M
FY22 ¥114M
FY23 ¥140M
FY24 ¥176M
FY25 ¥195M

301538 screens 11% overvalued. Compare with Linde plc →

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Cite: Fair Value Calculator (2026). "Shenzhen Jdd Tech New Material Co Fair Value". https://www.fairvalue-calculator.com/stock/301538

Peer Group

Specialty Chemicals · 676 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 43 · Bottom 25%
Fair Value upside −11% · Above median
Return on equity (TTM) 13% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth -1% · Below median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 39.9× · Pricier than median
P/B 5.15× · Pricier than 75% of peers
P/S (TTM) 7.20× · Pricier than 75% of peers
EV/EBITDA 25.7× · Pricier 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 19 · sector 0
FUTURE 0 · sector 19
PAST 53 · sector 23
HEALTH 100 · sector 95
DIVIDEND 7 · 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%

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Frequently asked questions

Is Shenzhen Jdd Tech New Material Co (301538) overvalued or undervalued?
As of Jul 9, 2026, our model estimates a fair value of ¥35.55 versus a price of ¥39.94, about −11% (overvalued).
What is the fair value of 301538?
Our model-based fair value for Shenzhen Jdd Tech New Material Co is ¥35.55 (as of Jul 9, 2026), built from audited fundamentals. The current price is ¥39.94.
What is the quality score of 301538?
Shenzhen Jdd Tech New Material Co has a Quality Score of 43/100. 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 Shenzhen Jdd Tech New Material Co (301538)?
Shenzhen Jdd Tech New Material Co reported trailing-twelve-month revenue of about 1.0B CNY (latest available figure, as of Jul 9, 2026).
What is the net profit margin of 301538?
The net profit margin of Shenzhen Jdd Tech New Material Co is about 18.0%, meaning it keeps roughly 18.0% of revenue as net income. Based on the latest reported figures.
Does Shenzhen Jdd Tech New Material Co pay a dividend?
Shenzhen Jdd Tech New Material Co currently shows a dividend yield of about 0.33% 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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