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Jiangsu Yangnong Chemical Co (600486) Fair Value & Analysis

Basic Materials · CN · Market cap 22.1B CNY

JY Jiangsu Yangnong Chemical Co 600486 · SHG
Price¥55.13
Fair Value¥54.10
Upside-1.9%
Quality62/100
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Healthy Growth
Solidly profitable · 10.4% net margin
Low debt · generates free cash flow
1.74% dividend yield
Mixed vs. peers (8/14)
Moderate moat 52/100
Evidence: High Range ¥40.57 – ¥67.62 Share as image

Fair value as of: Aug 8, 2026

From 24 valuation models · updated 2 days ago

Share price +9.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥40.57 (bear) to ¥67.62 (bull), base ¥54.10. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 62/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥110.81 ¥46.81 Fair Value ¥54.10 Mar 2021 Aug 2026

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 ¥46.81 – ¥110.81 · fair‑value band ¥40.57 – ¥67.62 · the ¥55.13 price screens above the ¥54.10 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Jiangsu Yangnong Chemical Co (600486) currently trades at ¥55.13, while our model-based Fair Value estimate is ¥54.10, implying the stock looks roughly 1.9% fairly valued today. The Quality Score stands at 62/100 (solid 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: high).

Over the trailing twelve months, Jiangsu Yangnong Chemical Co generated revenue of 12.1B CNY at a net margin of 10.4%. Revenue grew 7.0% year over year. It earns a return on equity of 11.0%. The balance sheet holds a net cash position of 425M CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥40.57 (bear case) to ¥67.62 (bull case); at ¥55.13, 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 39% 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 -13% fair-value upside, at -2%, 600486 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 ¥45.49 ¥82.23 ¥147.94 80
Residual Income ¥25.75 ¥29.69 ¥55.75 76
Rev-Margin DCF ¥38.11 ¥65.62 ¥103.27 74
All 24 models by family
DCF Models
FCF DCF ¥46.43 ¥85.56 ¥167.17 38
Owner Earnings ¥42.40 ¥80.53 ¥151.89 31
5Y Revenue Exit ¥38.11 ¥66.56 ¥106.35 39
5Y EBITDA Exit ¥44.97 ¥81.50 ¥129.11 41
5Y P/E Exit ¥43.04 ¥77.29 ¥118.15 38
10Y Revenue Exit ¥39.37 ¥68.11 ¥114.90 36
10Y EBITDA Exit ¥45.16 ¥79.40 ¥134.99 37
10Y P/E Exit ¥43.84 ¥76.22 ¥125.32 35
Earnings-Based
Graham-Dodd ¥21.64 ¥119.48 ¥165.81 54
Lynch FV ¥33.30 ¥47.57 ¥61.85 50
PEG = 1.0 ¥33.30 ¥47.57 ¥61.85 46
EPV ¥34.59 ¥39.81 ¥44.38 59
Multiples
P/E Multiple ¥40.57 ¥54.10 ¥67.62 63
P/S Multiple ¥33.05 ¥44.06 ¥55.08 58
P/B Multiple ¥40.57 ¥54.10 ¥67.62 55
EV/EBIT ¥43.08 ¥56.35 ¥69.61 53
EV/EBITDA ¥46.81 ¥61.32 ¥75.83 54
EV/Revenue ¥34.13 ¥47.35 ¥60.57 43
Asset-Based
NCAV (Graham) ¥14.19 ¥19.01 ¥28.38 50
Growth DCF
Growth DCF ¥45.49 ¥82.23 ¥147.94 80
Rev-Margin DCF ¥38.11 ¥65.62 ¥103.27 74
Economic Profit
Residual Income ¥25.75 ¥29.69 ¥55.75 76
ROIC Compounder ¥38.07 ¥52.53 ¥67.42 72
Growth Earnings
Growth-Adj P/E ¥43.65 ¥62.36 ¥81.07 68

Widest divergence: DCF Models (¥77.29) versus Asset-Based (¥19.01). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 12.1B CNY
Revenue growth (YoY) +7.0%
Net margin 10.4%
Return on equity 11.0%
Free cash flow 1.3B CNY FY2025
P/E ratio 17.9
More key figures
Operating margin 14.6%
EPS (TTM) ¥3.12
Dividend yield 1.8%
EPS growth (YoY) -5.7%
Net cash 425M CNY FY2024

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 62 · Market factors (momentum, volatility) 30

Profitability 44
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 79
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 Yangnong Chemical Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of pesticides in China and internationally. The company offers insecticides, herbicides, fungicides, sanitation and field pesticides, and plant growth regulators, as well as active compounds and preparations.

Full company description

Jiangsu Yangnong Chemical Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of pesticides in China and internationally. The company offers insecticides, herbicides, fungicides, sanitation and field pesticides, and plant growth regulators, as well as active compounds and preparations. It exports its products. The company was founded in 1999 and is headquartered in Yangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangsu Yangnong Chemical Co reported revenue of ¥11.9B in FY2025 versus ¥11.8B in FY2021, a compound +0.1%/yr. Reported net income was ¥1.3B in FY2025, compounding +1.3%/yr from FY2021.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
11.9B CNY
Latest YoY
+13.8%
Avg. growth/yr (3Y)
−9.1%
Avg. growth/yr (5Y)
+3.8%
Avg. growth/yr (26Y)
+16.8%
Revenue +0.1%/yr
FY21 ¥11.8B
FY22 ¥15.8B
FY23 ¥11.5B
FY24 ¥10.4B
FY25 ¥11.9B
Net income +1.3%/yr
FY21 ¥1.2B
FY22 ¥1.8B
FY23 ¥1.6B
FY24 ¥1.2B
FY25 ¥1.3B

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Cite: Fair Value Calculator (2026). "Jiangsu Yangnong Chemical Co Fair Value". https://www.fairvalue-calculator.com/stock/600486

Peer Group

Agricultural Inputs · 179 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 62 · Top 25%
Fair Value upside −2% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 7% · Below median
Dividend yield (TTM) 1.7% · Above median

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 17.6× · Pricier than median
P/B 1.93× · Pricier than median
P/S (TTM) 1.83× · Pricier than 75% of peers
P/FCF 2.6× · Pricier than median
EV/EBITDA 9.0× · 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 31 · sector 22
FUTURE 35 · sector 37
PAST 44 · sector 24
HEALTH 100 · sector 97
DIVIDEND 35 · sector 33

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 Agricultural Inputs stocks, each showing price versus our Fair Value estimate (as of Aug 8, 2026).

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SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 451.30 kr 67.25 -85%
Yunnan Yuntianhua Co 600096 ¥30.17 ¥42.12 +40%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥42.59 ¥38.01 -11%
Coromandel International Limited COROMANDEL ₹2,034 ₹1,129 -44%
UPL Limited UPL ₹594.75 ₹387.06 -35%

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Frequently asked questions

Is Jiangsu Yangnong Chemical Co (600486) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥54.10 versus a price of ¥55.13, about −2% (fairly valued).
What is the fair value of 600486?
Our model-based fair value for Jiangsu Yangnong Chemical Co is ¥54.10 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥55.13.
What is the quality score of 600486?
Jiangsu Yangnong Chemical Co has a Quality Score of 62/100. 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 Yangnong Chemical Co (600486)?
Jiangsu Yangnong Chemical Co reported trailing-twelve-month revenue of about 12.1B CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 600486?
The net profit margin of Jiangsu Yangnong Chemical Co is about 10.4%, meaning it keeps roughly 10.4% of revenue as net income. Based on the latest reported figures.
Does Jiangsu Yangnong Chemical Co pay a dividend?
Jiangsu Yangnong Chemical Co currently shows a dividend yield of about 1.77% relative to its recent price (as of Aug 8, 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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