Tian Jin Bohai Chemical Co (600800) Fair Value & Analysis

Industrials · CN · Market cap 3.7B CNY

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

What matters now

• The price sits above even our optimistic bull case (¥1.01). The favourable scenario is already priced in.
• Weak quality (30/100) 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 (¥0.5000 to ¥1.01) leaves room in how you read the outcome.

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 ¥1.88 – ¥5.46 · fair‑value band ¥0.5000 – ¥1.01 · the ¥3.33 price screens above the ¥0.6800 fair value. Dashed = 300-day average. As of Aug 8, 2026.

Full chart & analysis →

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Analysis

Tian Jin Bohai Chemical Co (600800) currently trades at ¥3.33, while our model-based Fair Value estimate is ¥0.6800, implying the stock looks roughly 79.6% overvalued today. The Quality Score stands at 30/100 (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, Tian Jin Bohai Chemical Co generated revenue of 3.1B CNY at a net margin of -20.1%. Revenue declined 28.1% year over year. It earns a return on equity of -48.0%. Net debt stands at 1.5B CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥0.5000 (bear case) to ¥1.01 (bull case); at ¥3.33, 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 40% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -32% fair-value upside, at -80%, 600800 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.

Key figures & financial health

Quality Score breakdown

About the company

Tian Jin Bohai Chemical Co.,Ltd. engages in the production and sale of propylene and its by-products in China. The company offers propylene and hydrogen; pharmaceutical packaging, pharmaceutical instructions, food packaging, tobacco and alcohol packaging, textbooks, magazines, bank drafts, acceptance bills, bank checks, national bonds and other securities …

Full company description

Tian Jin Bohai Chemical Co.,Ltd. engages in the production and sale of propylene and its by-products in China. The company offers propylene and hydrogen; pharmaceutical packaging, pharmaceutical instructions, food packaging, tobacco and alcohol packaging, textbooks, magazines, bank drafts, acceptance bills, bank checks, national bonds and other securities as well as various anti-counterfeiting bills, passbooks, freight waybills, air transport vouchers, medical bills, boarding passes, paper parking cards, insurance policies, invoices, tickets and non-carbon carbon paper bank documents; and data card products such as second generation ID card element layer, social security card, social card, bank card, and other cards. It also engages in new materials businesses; provision of technical services; and supporting terminal, payment identification terminal, system software, mobile terminal software, and Iot terminals and software. The company was formerly known as Tianjin Global Magnetic Card Co., Ltd. and changed its name to Tian Jin Bohai Chemical Co.,Ltd. in February 2021. Tian Jin Bohai Chemical Co.,Ltd. was founded in 1938 and is based in Tianjin, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tian Jin Bohai Chemical Co reported revenue of ¥3.3B in FY2025 versus ¥4.2B in FY2021, a compound −5.9%/yr. Reported net income was −¥646M in FY2025.

600800 screens 80% overvalued. Compare with Ricoh Company →

Peer Group

Business Equipment & Supplies · 73 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 Business Equipment & Supplies 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.

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.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

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.