EN DE

Xinjiang Joinworld Co (600888) Fair Value & Analysis

Basic Materials · CN · Market cap 15.6B CNY

XJ Xinjiang Joinworld Co 600888 · SHG
Price¥10.07
Fair Value¥7.25
Upside-28.0%
Quality33/100
Watch Xinjiang Joinworld Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 9.0% net margin
Low debt · negative free cash flow
1.32% dividend yield
Trails peers (3/14)
Narrow moat 34/100
Evidence: Medium Range ¥5.43 – ¥9.06 Share as image

Fair value as of: Aug 9, 2026

From 16 valuation models · updated yesterday

Share price −19.4% over the past month.

Below-average quality, and screening another 28% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥9.06). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥16.12 ¥4.93 Fair Value ¥7.25 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range ¥4.93 – ¥16.12 · fair‑value band ¥5.43 – ¥9.06 · the ¥10.07 price screens above the ¥7.25 fair value. Dashed = 300-day average. As of Aug 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Xinjiang Joinworld Co (600888) currently trades at ¥10.07, while our model-based Fair Value estimate is ¥7.25, implying the stock looks roughly 28.0% overvalued today. The Quality Score stands at 33/100 (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: medium).

Over the trailing twelve months, Xinjiang Joinworld Co generated revenue of 7.8B CNY at a net margin of 9.0%. Revenue declined 4.8% year over year. It earns a return on equity of 5.5%. Net debt stands at 2.4B CNY. Fundamentals as of Aug 9, 2026

Our scenario range runs from ¥5.43 (bear case) to ¥9.06 (bull case); at ¥10.07, 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 19% below its 52-week high and 53% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 19% fair-value upside, at -28%, 600888 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income ¥5.88 ¥6.08 ¥6.11 76
ROIC Compounder ¥0.7700 ¥1.10 ¥1.39 72
Gordon GGM ¥2.60 ¥5.41 ¥8.57 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥2.90 ¥13.84 ¥19.04 54
Lynch FV ¥3.68 ¥5.26 ¥6.84 50
PEG = 1.0 ¥3.68 ¥5.26 ¥6.84 46
EPV ¥0.7700 ¥1.10 ¥1.39 59
Dividend Discount
Gordon GGM ¥2.60 ¥5.41 ¥8.57 70
DDM Multi-Stage ¥2.60 ¥4.56 ¥5.67 61
Multiples
P/E Multiple ¥5.43 ¥7.25 ¥9.06 63
P/S Multiple ¥5.43 ¥7.25 ¥9.06 58
P/B Multiple ¥5.43 ¥7.25 ¥9.06 55
EV/EBIT ¥1.47 ¥2.36 ¥3.25 53
EV/EBITDA ¥3.77 ¥5.43 ¥7.09 54
EV/Revenue ¥1.11 ¥2.10 ¥3.10 43
Asset-Based
NCAV (Graham) ¥3.73 ¥5.00 ¥7.46 50
Economic Profit
Residual Income ¥5.88 ¥6.08 ¥6.11 76
ROIC Compounder ¥0.7700 ¥1.10 ¥1.39 72
Growth Earnings
Growth-Adj P/E ¥5.18 ¥7.40 ¥9.63 68

Widest divergence: Growth Earnings (¥7.40) versus Economic Profit (¥1.10). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 7.8B CNY
Revenue growth (YoY) -4.8%
Net margin 9.0%
Return on equity 5.5%
Free cash flow −3.3B CNY FY2025
P/E ratio 20.6
More key figures
Operating margin 13.3%
EPS (TTM) ¥0.4900
Dividend yield 1.3%
EPS growth (YoY) +46.0%
Net debt 2.4B CNY FY2025

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 34 · Market factors (momentum, volatility) 58

Profitability 26
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 22
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 75
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

Xinjiang Joinworld Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of aluminum products in China and internationally.

Full company description

Xinjiang Joinworld Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of aluminum products in China and internationally. The company offers aluminum, electronic aluminum foil, medium and high voltage electrode foil, corrosion foil, etched foil, chemical foil, formed foil, aluminum alloys, and other electronic components. Its aluminum products are used in electronics, integrated circuits, and other fields, such as electronic aluminum foil, electronic guide wire, and alumina powder; and electronic consumer goods, energy-saving wires, automobile engines, automobile and architectural decoration, and other fields, including electronics, electricity, transportation, and construction, as well as for the production of electrode foils and aluminum electrolytic capacitors. In addition, the company provides general road cargo and air transportation, freight forwarding, warehousing, and loading and unloading; property management and house leasing; container logistics and leasing, and supply chain services; industrial furnaces and supporting equipment; mechanical and electrical equipment and components; metal doors and windows; electronic materials; technical research and development; engineering design; and consulting services for aluminum, related alloy materials, and aluminum processing products, as well as for non-ferrous metals and electronic materials. Further, it is involved in the import and export of goods and technologies; mining development, research, production, and sales of magnesium products; non-ferrous metal rolling processing; and investment activities. Xinjiang Joinworld Co., Ltd. was founded in 1958 and is headquartered in Urumqi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Xinjiang Joinworld Co reported revenue of ¥7.9B in FY2025 versus ¥8.2B in FY2021, a compound −1.0%/yr. Reported net income was ¥662M in FY2025, compounding −6.1%/yr from FY2021.

Growth Quality 35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.9B CNY
Latest YoY
+7.8%
Avg. growth/yr (3Y)
+0.7%
Avg. growth/yr (5Y)
+6.7%
Avg. growth/yr (33Y)
+13.2%
Revenue −1.0%/yr
FY21 ¥8.2B
FY22 ¥7.7B
FY23 ¥6.5B
FY24 ¥7.3B
FY25 ¥7.9B
Net income −6.1%/yr
FY21 ¥853M
FY22 ¥1.5B
FY23 ¥1.6B
FY24 ¥1.2B
FY25 ¥662M

600888 screens 28% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Xinjiang Joinworld Co Fair Value". https://www.fairvalue-calculator.com/stock/600888

Peer Group

Aluminum · 83 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 33 · Bottom 25%
Fair Value upside −28% · Below median
Return on equity (TTM) 6% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth -5% · Bottom 25%
Dividend yield (TTM) 1.3% · Below median
Debt / equity 0.42× · Higher than 75% of peers

Valuation Multiples vs Aluminum median · lower = cheaper

P/E (TTM) 20.6× · Pricier than median
P/B 1.35× · Cheaper than median
P/S (TTM) 2.00× · Pricier than 75% of peers
EV/EBITDA 16.3× · Pricier than 75% of peers
PEG 1.47× · 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 0 · sector 15
FUTURE 0 · sector 26
PAST 22 · sector 30
HEALTH 79 · sector 91
DIVIDEND 26 · sector 33

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.

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 Aluminum stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Shandong Hongqiao Aluminum Industry Holding 002379 ¥18.54 ¥26.70 +44%
China Hongqiao Group 1378 HK$24.54 HK$45.53 +86%
Hindalco Industries Limited HINDALCO ₹955.80 ₹1,026 +7%
Aluminum Corporation 601600 ¥8.11 ¥12.58 +55%
Norsk Hydro ASA NHY kr 84.96 kr 58.10 -32%
Press Metal Aluminium Holdings 8869 8.02 MYR 3.88 MYR -52%
Alcoa Corporation AAI A$70.60 A$49.53 -30%
Yunnan Aluminium Co 000807 ¥25.12 ¥29.68 +18%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥25.51 ¥30.28 +19%
Tianshan Aluminum Group 002532 ¥11.99 ¥21.86 +82%

Compare Xinjiang Joinworld Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Xinjiang Joinworld Co (600888) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ¥7.25 versus a price of ¥10.07, about −28% (overvalued).
What is the fair value of 600888?
Our model-based fair value for Xinjiang Joinworld Co is ¥7.25 (as of Aug 9, 2026), built from audited fundamentals. The current price is ¥10.07.
What is the quality score of 600888?
Xinjiang Joinworld Co has a Quality Score of 33/100. 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 Xinjiang Joinworld Co (600888)?
Xinjiang Joinworld Co reported trailing-twelve-month revenue of about 7.8B CNY (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 600888?
The net profit margin of Xinjiang Joinworld Co is about 9.0%, meaning it keeps roughly 9.0% of revenue as net income. Based on the latest reported figures.
Does Xinjiang Joinworld Co pay a dividend?
Xinjiang Joinworld Co currently shows a dividend yield of about 1.19% relative to its recent price (as of Aug 9, 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.

14 days Pro free · no card

Track Xinjiang Joinworld 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.