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Data-driven stock valuation

Ningxia Baofeng Energy Group Co Ltd (600989) fair value: what the stock is really worth

As of Nov 5, 2026: fair value (intrinsic value) of Ningxia Baofeng Energy Group Co Ltd stock ¥22.31, price ¥21.50, upside +3.8%, quality 74 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Basic Materials CN · ISIN CNE100003LF5

NB Ningxia Baofeng Energy Group Co Ltd logo Broad data Nov 1, 2026

Ningxia Baofeng Energy Group Co Ltd

600989 · SHG
Meets all rules: fair value rule, solid quality, uptrend

The stock costs about what our calculation considers fair.

Quality 74/100
Healthy Growth (revenue 5y +24.6 %/yr in CNY)
Highly profitable · 28.1% net margin (TTM)
Low debt
Generates free cash flow
4.2% dividend yield · Well covered
Ranks above peers (11/14)
Broad data
Last quarter vs. a year ago: revenue +33%, profit +45%.
Fair value ¥22.31 · Fairly valued (+3.8%)
Wide moat 87/100 · thin data
⟳ Cyclical

Risks from the AI analysis

🚩Rising coal costs driving sequential profit drop🚩Carbon rules could raise coal-chemical costs🚩Gas- and oil-based rivals could undercut prices

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

¥34.70 ¥11.17 Fair Value ¥22.31 May 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.

How to read this chart

60‑month range ¥11.17 – ¥34.70 · fair‑value band ¥10.48 – ¥29.91 · the ¥21.50 price screens below the ¥22.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.

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Company profile

Ningxia Baofeng Energy Group Co., Ltd., together with its subsidiaries, produces and sells chemical products in China and internationally. It operates through Olefin Products, Coking Products, Fine Chemical Products, and Headquarters and Other Product segments.

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The company offers polypropylene, coking benzene, methyl tert-butyl ether, polyethylene, refined methanol, industrial sulfur, fertilizer-grade ammonium sulfate, mixed naphthalene, and coal tar pitch.

It is also involved in the production and operation of olefin products; coal mining, washing, and processing; coking production and other related processes; production and operation of crude benzene; deep processing of C4; and investment and financing activities.

In addition, the company engages in the manufacture and sale of synthetic materials; business, conference, exhibition, and office services; modern logistics, parking, accommodation, and domestic trade and retail; production and sale of ready-mixed concrete and precast cement components; construction projects; and private equity funds, equity investment, investment and asset management, and venture capital activities.

The company was formerly known as Ningxia Baofeng Energy Co., Ltd. and changed its name to Ningxia Baofeng Energy Group Co., Ltd. in January 2014. Ningxia Baofeng Energy Group Co., Ltd., was founded in 2005 and is headquartered in Yinchuan, China.

Stock analysis

Ningxia Baofeng Energy Group Co Ltd (600989) currently trades at ¥21.50, while our model-based Fair Value estimate is ¥22.31, so the stock looks roughly fairly valued today (gap 3.6%).

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Valuation

Bull case: the Growth Earnings group reads highest at a median of ¥41.70 per share, and 15 of the 26 models we run sit above the ¥21.50 price.

Bear case: the Asset-Based group reads lowest at ¥3.87, and 11 of the 26 models stay below the price. Data coverage for this calculation is high.

Scenario range: ¥10.48 (bear) to ¥29.91 (bull), the price of ¥21.50 sits inside 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 74/100 (solid quality), in the Basic Materials sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Ningxia Baofeng Energy Group Co Ltd reported revenue of 47.9B CNY in FY2025 versus 23.3B CNY in FY2021, a compound +19.7%/yr. Reported net income was 11.4B CNY in FY2025, compounding +12.6%/yr from FY2021.

Key figures

Market cap 156B CNY (≈ $23.5B) Large · P/E ratio 9.3 · P/S ratio 2.63 · EPS (TTM) ¥2.31 · Dividend yield 4.2% · Net margin 28.1% · Return on equity 32.6% · Return on assets (EBIT) 13.3%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 87 out of 100 (low confidence).

What moves the price

The share trades about 38% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −30% fair-value upside, at 4%, 600989 screens cheaper than that median.

Fair Value models

Bear ¥10.48 Fair Value ¥22.31 Bull ¥29.91
Price ¥21.50 · Upside +3.8%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥1.19 per share) are deliberately not added. 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.
Best data coverage
FCF DCF ¥23.81 ¥40.44 ¥92.47 74
EPV ¥14.73 ¥17.71 ¥20.34 74
Growth DCF ¥22.39 ¥45.76 ¥93.38 73
All 26 models by family
DCF Models
FCF DCF ¥23.81 ¥40.44 ¥92.47 74
Owner Earnings ¥19.49 ¥48.46 ¥111.00 69
5Y Revenue Exit ¥9.88 ¥17.31 ¥31.84 69
5Y EBITDA Exit ¥17.82 ¥34.07 ¥64.44 71
5Y P/E Exit ¥18.99 ¥42.27 ¥72.72 67
10Y Revenue Exit ¥13.48 ¥25.99 ¥36.42 66
10Y EBITDA Exit ¥19.53 ¥42.04 ¥83.80 64
10Y P/E Exit ¥20.38 ¥44.39 ¥86.71 60
Earnings-Based
Graham-Dodd ¥10.52 ¥73.40 ¥103.00 63
Lynch FV ¥23.82 ¥34.04 ¥44.25 61
PEG = 1.0 ¥23.82 ¥34.04 ¥44.25 57
EPV ¥14.73 ¥17.71 ¥20.34 74
Dividend Discount
Gordon GGM ¥7.88 ¥16.90 ¥27.82 66
DDM Multi-Stage ¥7.88 ¥13.99 ¥17.66 66
Multiples
P/E Multiple ¥19.73 ¥26.31 ¥32.89 63
P/S Multiple ¥7.34 ¥9.79 ¥12.23 58
P/B Multiple ¥12.99 ¥17.32 ¥21.65 55
EV/EBIT ¥16.69 ¥23.60 ¥30.50 65
EV/EBITDA ¥14.12 ¥20.17 ¥26.22 67
EV/Revenue ¥2.82 ¥5.76 ¥8.69 51
Asset-Based
NCAV (Graham) ¥2.89 ¥3.87 ¥5.77 54
Growth DCF
Growth DCF ¥22.39 ¥45.76 ¥93.38 73
Rev-Margin DCF ¥9.88 ¥19.63 ¥34.46 69
Economic Profit
Residual Income ¥10.21 ¥12.86 ¥22.85 73
ROIC Compounder ¥19.68 ¥31.51 ¥43.08 71
Growth Earnings
Growth-Adj P/E ¥29.19 ¥41.70 ¥54.21 67

The fair value above starts from this blend and is adjusted for a cyclical peak year.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 74/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 64
How much profit the company makes from its sales and capital
Quality Growth 94
Are margins and returns getting better?
Cashflow 74
Do the profits arrive as real cash?
Financial strength 73
Debt, balance sheet and risk of trouble
Investment 30
Does it invest with discipline instead of growing at any price?
Low Volatility 67
How calm the share price moves, does not count
Price momentum 36
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 44
Distance to the 52-week high, does not count
New shares 85
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+45.1%
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.
+19.0%
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.
+24.6%
Start year 2020 (pandemic). Over 10 years: +21.1% a year
Revenue growth 18 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.
+43.1%
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+16.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.2%
Dividend (yield on the price)4.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.19.9% vs 21.1%, steady
Profit margin 2020 to 2025 ⓘ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.35% → 30%
2025 sits 81% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)

Growth Forecast

Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +2.3% a year for the price and +4.8% for the forecasts.
Forecast 2026 (sales)+33.4%
Forecast 2027 (sales)+0.5%
Projected 2028 (sales)+0.7%
Projected 2029 (sales)+0.9%
Projected 2030 (sales)+1.0%

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Note from the team Oct 23, 2026
AI conclusion: Strong nine-month profit growth from higher olefins margins and full Inner Mongolia output marks the main strength, while limited transparency and rising coal costs form the key weakness for durability.
Main risk: Stricter carbon-emission rules and inclusion in China’s ETS could increase compliance and fuel costs for Baofeng’s coal-to-olefins process, squeezing margins on polyethylene and polypropylene.
Bull case: By scaling its green-hydrogen integration and low-carbon technologies, Baofeng could lower its emissions profile and sustain cost leadership even under tighter carbon rules.
Bear case: If carbon pricing or emission caps tighten sharply, the coal-to-olefins model could face sustained margin pressure or capacity restrictions, limiting growth in new regions.
Baofeng Energy has posted strong nine-month profit growth as higher oil prices boost olefins margins and the Inner Mongolia project reaches full output. Third-quarter results, however, showed a sequential profit drop amid rising coal costs. Will further expansion into new regions offset these input pressures or expose the integrated coal-to-chemicals model to greater margin volatility?
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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.Chemicals · 341 stocks

Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 74 · Top 25%
Fair Value upside +3.8% · Above median
Profitability
Return on equity (12 months) 32.6% · Top 25%
Return on assets 12.6% · Top 25%
Net margin (12 months) 28.1% · Top 25%
Operating margin (12 months) 34.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 32.7% · Top 25%
Dividend yield (12 months) 4.2% · Top 25%
Balance sheet
Debt / equity 0.40× · Highest 25%

Valuation Multiplesvs Chemicals median · lower = cheaper

P/E (12 months) 9.3× · Cheapest 25%
P/B 3.23× · Priciest 25%
P/S (12 months) 2.63× · Priciest 25%
Price / free cash flow 15.3× · Cheaper than median
EV/EBITDA 7.2× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)38 · sector 6
FUTURE (revenue growth)100 · sector 67
PAST (return on equity)100 · sector 24
HEALTH (low debt)80 · sector 94
DIVIDEND (yield)85 · sector 32

Context: sector, industry, market

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

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate.

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LG Chem, Ltd 051910 246,000 KRW 587,755 KRW +139% vs 600989
Dow Inc DOW $31.98 $41.88 +31% vs 600989
Hengli Petrochemical Co 600346 ¥16.98 ¥19.26 +13% vs 600989
Syensqo SA SYENS €79.00 €65.52 −17% vs 600989
PETRONAS Chemicals Group 5183 4.31 MYR 3.02 MYR −30% vs 600989
BASF SE BAS €56.09 €38.46 −31% vs 600989
Jiangsu Eastern Shenghong Co 000301 ¥10.79 ¥6.28 −42% vs 600989
Zhejiang Juhua Co 600160 ¥33.25 ¥19.31 −42% vs 600989
Formosa Chemicals & Fibre Corporation 1326 65.00 TWD 35.32 TWD −46% vs 600989
Zangge Mining Company 000408 ¥69.19 ¥17.47 −75% vs 600989

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Ningxia Baofeng Energy Group Co Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Ningxia Baofeng Energy Group Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600989

Frequently asked questions

Is Ningxia Baofeng Energy Group Co Ltd (600989) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of ¥22.31 versus a price of ¥21.50, about +4% upside (fairly valued).
What is the fair value of 600989?
Our model-based fair value for Ningxia Baofeng Energy Group Co Ltd is ¥22.31 (as of Nov 1, 2026), built from audited fundamentals. The current price: ¥21.50.
What is the quality score of 600989?
Ningxia Baofeng Energy Group Co Ltd has a Quality Score of 74/100. 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 Ningxia Baofeng Energy Group Co Ltd (600989)?
Our model-based price target is the fair value of ¥22.31 (as of Nov 1, 2026) from 26 valuation models. Cautious scenario ¥10.48, optimistic scenario ¥29.91. It is a calculation from audited fundamentals, not an analyst target.
What is the Ningxia Baofeng Energy Group Co Ltd stock forecast for 2026?
Our models put fair value at ¥22.31, about +4% upside versus a price of ¥21.50 (fairly valued). Cautious scenario ¥10.48, optimistic scenario ¥29.91. The calculation is refreshed regularly with new filings.
What is the revenue of Ningxia Baofeng Energy Group Co Ltd (600989)?
Ningxia Baofeng Energy Group Co Ltd reported trailing-twelve-month revenue of about 59.6B CNY (latest available figure, as of Nov 1, 2026).
Does Ningxia Baofeng Energy Group Co Ltd pay a dividend?
Ningxia Baofeng Energy Group Co Ltd currently shows a dividend yield of 4.24% relative to its recent price (as of Nov 1, 2026).
What growth is priced into Ningxia Baofeng Energy Group Co Ltd (600989)?
For today's price to be fair in a discounted-cash-flow model, Ningxia Baofeng Energy Group Co Ltd would have to grow free cash flow by +4.1 % per year for five years (discount rate 8.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.6 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of 600989 use?
Our models discount Ningxia Baofeng Energy Group Co Ltd at 8.7 %: a base by market capitalisation (large), damped by beta 0.33, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Ningxia Baofeng Energy Group Co Ltd that is +4.1 % per year a year over ten years, using the same discount rate (8.7 %) and the same formula as our fair value.
How much growth has Ningxia Baofeng Energy Group Co Ltd (600989) delivered so far?
Over the past 5 years revenue at Ningxia Baofeng Energy Group Co Ltd grew +24.6 % a year. The price currently implies +4.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Ningxia Baofeng Energy Group Co Ltd (600989) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Ningxia Baofeng Energy Group Co Ltd (+4.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ningxia Baofeng Energy Group Co Ltd (600989)?
The free-cash-flow yield on the price is 6.53 %: that much free cash flow Ningxia Baofeng Energy Group Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (8.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ningxia Baofeng Energy Group Co Ltd (600989)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ningxia Baofeng Energy Group Co Ltd it is ¥22.31 per share (as of Nov 1, 2026), against a price of ¥21.50. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Ningxia Baofeng Energy Group Co Ltd stock overvalued or undervalued in 2026?
As of Nov 1, 2026, 600989 trades below its calculated fair value: price ¥21.50, fair value ¥22.31, a gap of about +4% (fairly valued). 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 600989?
No. The price is what the market pays today (¥21.50); the fair value is what the company's own numbers justify (¥22.31). For Ningxia Baofeng Energy Group Co Ltd the two are ¥0.8110 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ningxia Baofeng Energy Group Co Ltd worth?
The market values Ningxia Baofeng Energy Group Co Ltd at about 156B CNY (market capitalisation, as of Nov 1, 2026). Per share that is ¥21.50; our models calculate a fair value of ¥22.31 per share.
What do the bullish and bearish scenarios say about 600989?
Our models span a range for Ningxia Baofeng Energy Group Co Ltd: cautious scenario ¥10.48, base ¥22.31, optimistic ¥29.91 per share (as of Nov 1, 2026, price ¥21.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600989?
Ningxia Baofeng Energy Group Co Ltd trades at a price-to-earnings ratio of 9.3 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥22.31 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2019 to 2025), reported earnings, FY2025 ex one-offs: 18.0. Other multiples: P/B 3.2, P/S 2.6, EV/EBITDA 7.2.
How solid is the balance sheet of Ningxia Baofeng Energy Group Co Ltd (600989)?
Balance-sheet figures for Ningxia Baofeng Energy Group Co Ltd (as of Nov 1, 2026): return on equity 32.6%, debt of 0.40 per unit of equity. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is 600989 from its 52-week high?
Ningxia Baofeng Energy Group Co Ltd trades at ¥21.50, about 38% below its 52-week high of ¥34.70 and 22% above the low of ¥17.60 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of ¥22.31 is for.
Which stocks are comparable to Ningxia Baofeng Energy Group Co Ltd?
From the same area (Basic Materials) we also value BASF SE, Dow Inc, Zangge Mining Company, Hengli Petrochemical Co, 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 Ningxia Baofeng Energy Group Co Ltd stock attractive at the current price?
The data as of Nov 1, 2026: price ¥21.50, calculated fair value ¥22.31 (+4%), Quality Score 74/100, from 26 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 600989 calculated?
We run Ningxia Baofeng Energy Group Co Ltd through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥22.31, 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 15.5% above its aggregate fair value. Ningxia Baofeng Energy Group Co Ltd currently trades 4% below its own fair value, and the market average says nothing about that. 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 Ningxia Baofeng Energy Group Co Ltd (600989)?
The closing price on Nov 5, 2026 was ¥21.50. Our model-based fair value is ¥22.31, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ningxia Baofeng Energy Group Co Ltd right now?
The model range is unusually wide (¥10.48 to ¥29.91). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Where does the earnings growth of Ningxia Baofeng Energy Group Co Ltd (600989) come from?
Earnings per share at Ningxia Baofeng Energy Group Co Ltd grew +22.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +20.5 %, EBIT margin +2.0 %, tax rate −0.3 %, residual (interest, one-offs) +0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Ningxia Baofeng Energy Group Co Ltd

How large is the market capitalisation of Ningxia Baofeng Energy Group Co Ltd (600989)?
The market capitalisation of Ningxia Baofeng Energy Group Co Ltd is 156B CNY (≈ $23.5B). 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 Ningxia Baofeng Energy Group Co Ltd (600989)?
The price-to-sales ratio of Ningxia Baofeng Energy Group Co Ltd is 2.63 (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 Ningxia Baofeng Energy Group Co Ltd (600989)?
Earnings per share at Ningxia Baofeng Energy Group Co Ltd are ¥2.31 (price ÷ EPS = P/E 9.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ningxia Baofeng Energy Group Co Ltd (600989)?
The dividend yield of Ningxia Baofeng Energy Group Co Ltd is 4.2% (payout 39.5%). 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 Ningxia Baofeng Energy Group Co Ltd (600989)?
The net margin of Ningxia Baofeng Energy Group Co Ltd is 28.1% (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 Ningxia Baofeng Energy Group Co Ltd (600989)?
The return on equity (ROE) of Ningxia Baofeng Energy Group Co Ltd is 32.6% (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 Ningxia Baofeng Energy Group Co Ltd (600989)?
On an EBIT basis the return on assets of Ningxia Baofeng Energy Group Co Ltd is 13.3% (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 Ningxia Baofeng Energy Group Co Ltd (600989)?
The operating margin of Ningxia Baofeng Energy Group Co Ltd is 34.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ningxia Baofeng Energy Group Co Ltd (600989)?
Revenue at Ningxia Baofeng Energy Group Co Ltd is growing +32.7% versus a year earlier (3y avg +19.0%). 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 Ningxia Baofeng Energy Group Co Ltd (600989)?
Earnings per share at Ningxia Baofeng Energy Group Co Ltd are growing +45.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ningxia Baofeng Energy Group Co Ltd (600989) carry?
The net debt of Ningxia Baofeng Energy Group Co Ltd is 29.6B CNY (fiscal year 2025, ≈ 2.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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