Taiyuan Lionhead Cement Co Ltd (600539) fair value: what the stock is really worth
As of Nov 10, 2026: fair value (intrinsic value) of Taiyuan Lionhead Cement Co Ltd stock ¥6.53, price ¥12.86, that is 49.2% below the price, quality 53 out of 100. Rating: strongly overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
60‑month range ¥3.47 – ¥20.59 · fair‑value band ¥4.33 – ¥8.20 · the ¥12.86 price screens above the ¥6.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 10, 2026.
Follow Taiyuan Lionhead Cement Co in your weekly email
Every Wednesday you see whether Taiyuan Lionhead Cement Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Lionhead Technology Development Co.,Ltd. provides e-commerce services in China. The company manufactures and sells water purification faucets and accessories.
Show moreShow less
The company was formerly known as Taiyuan Lionhead Cement Co.,Ltd. and changed its name to Lionhead Technology Development Co.,Ltd. in March 2022. Lionhead Technology Development Co.,Ltd. was founded in 1999 and is based in Taiyuan, China.
Stock analysis
Taiyuan Lionhead Cement Co Ltd (600539) currently trades at ¥12.86, while our model-based Fair Value estimate is ¥6.53, 49% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 80/100, which puts the data coverage at low.
Scenario range: ¥4.33 (bear) to ¥8.20 (bull), the price of ¥12.86 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Taiyuan Lionhead Cement Co Ltd reported revenue of 440M CNY in FY2025 versus 466M CNY in FY2021, a compound −1.4%/yr. Reported net income was −21.8M CNY in FY2025.
Key figures
Market cap 3.1B CNY (≈ $468M) Small · P/S ratio 5.86 · EPS (TTM) ¥−0.0900 · Dividend yield 0.1% · Net margin −4.8% · Return on equity −5.9% · Return on assets (EBIT) −4.1% (5-year average) · Operating margin 1.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (medium confidence).
What moves the price
The share trades about 38% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −22% fair-value upside, at −49%, 600539 screens richer than that median.
Fair Value models
Bear¥4.33Fair Value ¥6.53Bull¥8.20
Price ¥12.86 · Downside -49.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.30/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−8.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−9.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+16.3%
Start year 2020 (pandemic). Over 10 years: +17.0% a year
Revenue growth 27 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.9%
’13
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
12.8% (2020) → −6.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Taiyuan Lionhead Cement Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Building Materials · 265 stocks
Beats the industry median on 3/10 measures
Overall it trails its industry peers.
Valuation
Quality Score53 · Above median
Fair Value upside−49.2% · Bottom 25%
Profitability
Return on assets−4.6% · Bottom 25%
Net margin (12 months)−4.8% · Bottom 25%
Operating margin (12 months)1.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)16.9% · Top 25%
Dividend yield (12 months)0.1% · Bottom 25%
Balance sheet
Debt / equity0.12× · Below median
Valuation Multiplesvs Building Materials median · lower = cheaper
P/B10.41× · Priciest 25%
P/S (12 months)6.84× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 28
FUTURE (revenue growth)85· sector 12
PAST (return on equity)0· sector 17
HEALTH (low debt)94· sector 92
DIVIDEND (yield)1· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Taiyuan Lionhead Cement Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600539
Frequently asked questions
Is Taiyuan Lionhead Cement Co Ltd (600539) overvalued or undervalued?
As of Nov 10, 2026, our model estimates a fair value of ¥6.53 versus a price of ¥12.86, about 49% lower (overvalued).
What is the fair value of 600539?
Our model-based fair value for Taiyuan Lionhead Cement Co Ltd is ¥6.53 (as of Nov 10, 2026), built from audited fundamentals. The current price: ¥12.86.
What is the quality score of 600539?
Taiyuan Lionhead Cement Co Ltd has a Quality Score of 53/100. 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 price target for Taiyuan Lionhead Cement Co Ltd (600539)?
Our model-based price target is the fair value of ¥6.53 (as of Nov 10, 2026) from 1 valuation models. Cautious scenario ¥4.33, optimistic scenario ¥8.20. It is a calculation from audited fundamentals, not an analyst target.
What is the Taiyuan Lionhead Cement Co Ltd stock forecast for 2026?
Our models put fair value at ¥6.53, about 49% lower versus a price of ¥12.86 (overvalued). Cautious scenario ¥4.33, optimistic scenario ¥8.20. The calculation is refreshed regularly with new filings.
What is the revenue of Taiyuan Lionhead Cement Co Ltd (600539)?
Taiyuan Lionhead Cement Co Ltd reported trailing-twelve-month revenue of about 456M CNY (latest available figure, as of Nov 10, 2026).
Does Taiyuan Lionhead Cement Co Ltd pay a dividend?
Taiyuan Lionhead Cement Co Ltd currently shows a dividend yield of 0.06% relative to its recent price (as of Nov 10, 2026).
How much is the dividend of Taiyuan Lionhead Cement Co Ltd (600539)?
Taiyuan Lionhead Cement Co Ltd has a dividend yield of 0.1%.
What is the intrinsic value of Taiyuan Lionhead Cement Co Ltd (600539)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Taiyuan Lionhead Cement Co Ltd it is ¥6.53 per share (as of Nov 10, 2026), against a price of ¥12.86. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Taiyuan Lionhead Cement Co Ltd stock overvalued or undervalued in 2026?
As of Nov 10, 2026, 600539 trades above its calculated fair value: price ¥12.86, fair value ¥6.53, a gap of about −49% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600539?
No. The price is what the market pays today (¥12.86); the fair value is what the company's own numbers justify (¥6.53). For Taiyuan Lionhead Cement Co Ltd the two are ¥6.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Taiyuan Lionhead Cement Co Ltd worth?
The market values Taiyuan Lionhead Cement Co Ltd at about 3.1B CNY (market capitalisation, as of Nov 10, 2026). Per share that is ¥12.86; our models calculate a fair value of ¥6.53 per share.
What do the bullish and bearish scenarios say about 600539?
Our models span a range for Taiyuan Lionhead Cement Co Ltd: cautious scenario ¥4.33, base ¥6.53, optimistic ¥8.20 per share (as of Nov 10, 2026, price ¥12.86). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Taiyuan Lionhead Cement Co Ltd (600539)?
Balance-sheet figures for Taiyuan Lionhead Cement Co Ltd (as of Nov 10, 2026): return on equity −5.9%, debt of 0.12 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is 600539 from its 52-week high?
Taiyuan Lionhead Cement Co Ltd trades at ¥12.86, about 38% below its 52-week high of ¥20.59 and 30% above the low of ¥9.86 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of ¥6.53 is for.
Which stocks are comparable to Taiyuan Lionhead Cement Co Ltd?
From the same area (Basic Materials) we also value CRH plc, Holcim AG, Martin Marietta Materials, Inc, Vulcan Materials Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Taiyuan Lionhead Cement Co Ltd stock attractive at the current price?
The data as of Nov 10, 2026: price ¥12.86, calculated fair value ¥6.53 (−49%), Quality Score 53/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600539 calculated?
We run Taiyuan Lionhead Cement Co Ltd through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of ¥6.53 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Taiyuan Lionhead Cement Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Taiyuan Lionhead Cement Co Ltd (600539)?
The closing price on Nov 10, 2026 was ¥12.86. Our model-based fair value is ¥6.53, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Taiyuan Lionhead Cement Co Ltd right now?
The price sits above even our optimistic bull case (¥8.20). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥4.33 to ¥8.20) leaves room in how you read the outcome.
Key figures of Taiyuan Lionhead Cement Co Ltd
How large is the market capitalisation of Taiyuan Lionhead Cement Co Ltd (600539)?
The market capitalisation of Taiyuan Lionhead Cement Co Ltd is 3.1B CNY (≈ $468M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Taiyuan Lionhead Cement Co Ltd (600539)?
The price-to-sales ratio of Taiyuan Lionhead Cement Co Ltd is 5.86 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Taiyuan Lionhead Cement Co Ltd (600539)?
Earnings per share at Taiyuan Lionhead Cement Co Ltd are ¥−0.0900. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Taiyuan Lionhead Cement Co Ltd (600539)?
The dividend yield of Taiyuan Lionhead Cement Co Ltd is 0.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Taiyuan Lionhead Cement Co Ltd (600539)?
The net margin of Taiyuan Lionhead Cement Co Ltd is −4.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Taiyuan Lionhead Cement Co Ltd (600539)?
The return on equity (ROE) of Taiyuan Lionhead Cement Co Ltd is −5.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Taiyuan Lionhead Cement Co Ltd (600539)?
On an EBIT basis the return on assets of Taiyuan Lionhead Cement Co Ltd is −4.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Taiyuan Lionhead Cement Co Ltd (600539)?
The operating margin of Taiyuan Lionhead Cement Co Ltd is 1.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Taiyuan Lionhead Cement Co Ltd (600539)?
Revenue at Taiyuan Lionhead Cement Co Ltd is growing +16.9% versus a year earlier (3y avg −9.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Taiyuan Lionhead Cement Co Ltd (600539)?
Earnings per share at Taiyuan Lionhead Cement Co Ltd are growing −8.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Taiyuan Lionhead Cement Co Ltd (600539) generate?
The free cash flow of Taiyuan Lionhead Cement Co Ltd is −46.7M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Taiyuan Lionhead Cement Co Ltd (600539) hold?
Taiyuan Lionhead Cement Co Ltd holds more cash than debt, 69.9M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Taiyuan Lionhead Cement Co Ltd in the live analysis
One click puts Taiyuan Lionhead Cement Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 10, 2026