Mudanjiang Hengfeng Paper Co (600356) Fair Value & Analysis
Basic Materials · CN · Market cap 2.7B CNY
Fair value as of: Aug 8, 2026
From 24 valuation models · updated 2 days ago
Share price +14.0% over the past month.
A solid business, screening 13% undervalued on our models.
What matters now
- Our model range runs from ¥7.35 (bear) to ¥12.75 (bull), base ¥10.20. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 60/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.
How to read this chart
60‑month range ¥5.55 – ¥10.63 · fair‑value band ¥7.35 – ¥12.75 · the ¥9.06 price screens below the ¥10.20 fair value. Dashed = 300-day average. As of Aug 8, 2026.
Analysis
Mudanjiang Hengfeng Paper Co (600356) currently trades at ¥9.06, while our model-based Fair Value estimate is ¥10.20, implying the stock looks roughly 12.6% undervalued today. The Quality Score stands at 60/100 (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, Mudanjiang Hengfeng Paper Co generated revenue of 2.8B CNY at a net margin of 8.0%. Revenue grew 2.1% year over year. It earns a return on equity of 8.4%. Net debt stands at 92.4M CNY. Fundamentals as of Aug 8, 2026
Our scenario range runs from ¥7.35 (bear case) to ¥12.75 (bull case); at ¥9.06, 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 16% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 13%, 600356 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.
All 24 models by family
Widest divergence: DCF Models (¥11.81) versus Earnings-Based (¥5.36). Highest evidence: Growth DCF (80).
Notify me when 600356 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 48
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
Mudanjiang Hengfeng Paper Co.,Ltd manufactures and sells tobacco, printing, packaging, pharma and cosmetics, and other paper products worldwide.
Full company description
Mudanjiang Hengfeng Paper Co.,Ltd manufactures and sells tobacco, printing, packaging, pharma and cosmetics, and other paper products worldwide. It offers cigarette, rolling, filter, tipping and base, and inner liner papers; thin printing, heat transfer, and pharmaceutical leaflet papers; straw wrapping, toothpick wrapping, machine glazed, and food wrapping papers; oil and medical absorbing base papers; and melamine, straw, luxury wrapping/high-end gifts wrapping, and paper-yarn base papers. The company also offers mechanical gloss paper, and other production and household paper. The company was founded in 1952 and is based in Mudanjiang, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Mudanjiang Hengfeng Paper Co reported revenue of ¥2.8B in FY2025 versus ¥953M in FY2021, a compound +31.2%/yr. Reported net income was ¥198M in FY2025, compounding −3.8%/yr from FY2021.
of which total revenue +6.7 pp · buybacks/dilution −1.4 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 600356: get an alert when its fair value changes →
Peer Group
Paper & Paper Products · 111 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.
Valuation Multiples vs Paper & Paper Products median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Paper & Paper Products stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Klabin S.A KLBN11 | R$17.58 | R$3.89 | -78% |
| UPM-Kymmene Oyj UPM | €23.45 | €15.47 | -34% |
| Suzano S.A SUZB3 | R$41.70 | R$138.01 | +231% |
| Svenska Cellulosa Aktiebolaget SCA (publ) SCAB | kr 103.00 | kr 49.40 | -52% |
| Shandong Sunpaper Co 002078 | ¥14.13 | ¥17.29 | +22% |
| Holmen AB HOLMB | kr 305.40 | kr 217.72 | -29% |
| Nine Dragons Paper (Holdings) Limited 2689 | HK$7.55 | HK$8.73 | +16% |
| Empresas CMPC S.A CMPC | 1,078 CLP | 1,269 CLP | +18% |
| Xianhe Co 603733 | ¥22.05 | ¥24.32 | +10% |
| Billerud AB BILL | kr 68.70 | kr 48.60 | -29% |
Compare Mudanjiang Hengfeng Paper Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Mudanjiang Hengfeng Paper Co (600356) overvalued or undervalued?
What is the fair value of 600356?
What is the quality score of 600356?
What is the revenue of Mudanjiang Hengfeng Paper Co (600356)?
What is the net profit margin of 600356?
Does Mudanjiang Hengfeng Paper Co pay a dividend?
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.
Track Mudanjiang Hengfeng Paper Co 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.