ADD Industry (Zhejiang) CO., LTD (603089) Fair Value & Analysis
Consumer Cyclical · CN · Market cap 2.4B CNY
Fair value as of: Aug 10, 2026
From 16 valuation models · updated today
Share price +8.2% over the past month.
Below-average quality, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- Our model range runs from ¥6.31 (bear) to ¥10.52 (bull), base ¥8.41. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 33/100 (below-average quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 10, 2026.
How to read this chart
60‑month range ¥6.36 – ¥17.80 · fair‑value band ¥6.31 – ¥10.52 · the ¥9.01 price screens above the ¥8.41 fair value. Dashed = 300-day average. As of Aug 10, 2026.
Analysis
ADD Industry (Zhejiang) CO., LTD (603089) currently trades at ¥9.01, while our model-based Fair Value estimate is ¥8.41, implying the stock looks roughly 6.7% fairly valued today. The Quality Score stands at 33/100 (below-average quality), in the Consumer Cyclical 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, ADD Industry (Zhejiang) CO., LTD generated revenue of 2.8B CNY at a net margin of 2.0%. Revenue grew 6.5% year over year. It earns a return on equity of 3.8%. Net debt stands at 668M CNY. Fundamentals as of Aug 10, 2026
Our scenario range runs from ¥6.31 (bear case) to ¥10.52 (bull case); at ¥9.01, the current price sits within 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 50% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -7%, 603089 screens cheaper 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.
All 16 models by family
Widest divergence: Growth Earnings (¥9.88) versus Dividend Discount (¥2.55). Highest evidence: Residual Income (76).
Notify me when 603089 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 35 · Market factors (momentum, volatility) 27
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
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally.
Full company description
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company also provides front and rear bumpers, brake discs, and other automobile wearing parts; automobile rubber shock-absorbing products; automobile suspension system shock absorbers; and engine seals. ADD Industry (Zhejiang) CO., LTD was founded in 1994 and is based in Yuhuan, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
ADD Industry (Zhejiang) CO., LTD reported revenue of ¥2.8B in FY2025 versus ¥1.6B in FY2021, a compound +14.6%/yr. Reported net income was ¥105M in FY2025, compounding +13.9%/yr from FY2021.
of which total revenue +14.5 pp · buybacks/dilution −4.4 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 603089: get an alert when its fair value changes →
Peer Group
Auto Parts · 641 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 Auto Parts 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.
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.
Similar stocks
10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 10, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hyundai Mobis Co 012330 | 482,000 KRW | 678,420 KRW | +41% |
| Magna International Inc MGAN | 1,122 MXN | 1,172 MXN | +4% |
| Samvardhana Motherson International Limited MOTHERSON | ₹144.17 | ₹80.63 | -44% |
| Bosch Limited BOSCHLTD | ₹41,110 | ₹14,004 | -66% |
| Bharat Forge Limited BHARATFORG | ₹2,117 | ₹441.74 | -79% |
| Uno Minda Limited UNOMINDA | ₹1,158 | ₹426.57 | -63% |
| Schaeffler India Limited SCHAEFFLER | ₹4,135 | ₹1,412 | -66% |
| Hankook Tire & Technology Co 161390 | 73,600 KRW | 196,479 KRW | +167% |
| MRF Limited MRF | ₹131,025 | ₹125,849 | -4% |
| Sona BLW Precision Forgings Limited SONACOMS | ₹792.00 | ₹207.06 | -74% |
Compare ADD Industry (Zhejiang) CO., LTD with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is ADD Industry (Zhejiang) CO., LTD (603089) overvalued or undervalued?
What is the fair value of 603089?
What is the quality score of 603089?
What is the revenue of ADD Industry (Zhejiang) CO., LTD (603089)?
What is the net profit margin of 603089?
Does ADD Industry (Zhejiang) CO., LTD pay a dividend?
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.
Track ADD Industry (Zhejiang) CO., LTD 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.