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Triumph New Energy Company (600876) Fair Value & Analysis

Basic Materials · CN · Market cap 5.4B CNY

TN Triumph New Energy Company 600876 · SHG
Price¥7.25
Fair Value¥2.79
Upside-61.5%
Quality22/100
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Evidence: Low Range ¥2.08 – ¥4.16

Fair value as of: Jul 5, 2026

From 1 valuation models · updated today

Fair value updated Jul 5, 2026 — revised from ¥35.29 to ¥2.79 (−92.1%) since Jun 24, 2026. Share price −12.3% over the past month.

Price vs Fair Value (12 months)

¥13.10 ¥7.22 Fair Value ¥2.79 Jun 2025 Jul 2026

12‑month range ¥7.22 – ¥13.10 · fair‑value band ¥2.08 – ¥4.16 · the ¥7.25 price screens above the ¥2.79 fair value. As of Jul 5, 2026.

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Analysis

Triumph New Energy Company (600876) currently trades at ¥7.25, while our model-based Fair Value estimate is ¥2.79 — implying the stock looks roughly 61.5% overvalued today. We read business quality at 22/100 (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: low).

Over the trailing twelve months, Triumph New Energy Company generated revenue of 3.2B CNY at a net margin of -28.2%. Revenue declined 37.0% year over year. It earns a return on equity of -24.6%. Net debt stands at 5.5B CNY. Fundamentals as of Jul 5, 2026

Our scenario range runs from ¥2.08 (bear case) to ¥4.16 (bull case); at ¥7.25, the current price sits above that range. The share trades about 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -48% fair-value upside — at -62%, 600876 screens richer than that median.

Key figures & financial health

Revenue (TTM) 3.2B CNY
Revenue growth (YoY) -37.0%
Net margin -28.2%
Return on equity -24.6%
Free cash flow −1.2B CNY FY2025
Operating margin -35.6%
More key figures
EPS (TTM) ¥-1.78
EPS growth (YoY) +25.9%
Net debt 5.5B CNY FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Triumph New Energy Company Limited engages in research, development, production, and sales of new energy materials. The company provides screen printed glass, backboard drilling tempered glass, ultra white ultra-thin photovoltaic glass, ultra white rolled photovoltaic coated glass, ultra white rolled photovoltaic tempered glass, ultra white rolled photovoltaic raw glass, original glass, tempered glass, AR film glass, backboard glass, double glass component glass, and AR photovoltaic coated glass. It also offers transparency photovoltaic glass tempered sheet and photovoltaic glass. Triumph New Energy Company Limited was formerly known as Luoyang Glass Company Limited and changed its name to Triumph New Energy Company Limited in March 2023. Triumph New Energy Company Limited was founded in 1956 and is based in Luoyang, China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Triumph New Energy Company reported revenue of ¥3.2B in FY2025 versus ¥3.6B in FY2021, a compound −2.7%/yr. Reported net income was −¥914M in FY2025.

Revenue −2.7%/yr
FY21 ¥3.6B
FY22 ¥5.0B
FY23 ¥6.6B
FY24 ¥4.6B
FY25 ¥3.2B
Net income
FY21 ¥256M
FY22 ¥409M
FY23 ¥395M
FY24 −¥610M
FY25 −¥914M

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Cite: Fair Value Calculator (2026). "Triumph New Energy Company Fair Value". https://www.fairvalue-calculator.com/stock/600876

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10 more Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

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Frequently asked questions

Is Triumph New Energy Company (600876) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ¥2.79 versus a price of ¥7.25 — about −62% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 600876?
Our model-based fair value for Triumph New Energy Company is ¥2.79 (as of Jul 5, 2026), built from audited fundamentals. The current price is ¥7.25.
What is the quality score of 600876?
Triumph New Energy Company has a Quality Score of 22/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Triumph New Energy Company (600876)?
Triumph New Energy Company reported trailing-twelve-month revenue of about 3.2B CNY (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 600876?
The net profit margin of Triumph New Energy Company is about -28.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.