Zhejiang Rongtai Electric Material Co (603119) Fair Value & Analysis
Technology · CN · Market cap 34.4B CNY
Fair value as of: Jul 11, 2026
From 26 valuation models · updated 30 days ago
Fair value updated Jul 11, 2026, revised from ¥16.15 to ¥14.44 (−10.6%) since Jun 24, 2026. Share price −9.7% over the past month.
A solid business, but screening 74% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥18.08). The favourable scenario is already priced in.
- Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (¥7.86 to ¥18.08) leaves room in how you read the outcome.
Price vs Fair Value (3 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.
How to read this chart
36‑month range ¥9.82 – ¥93.53 · fair‑value band ¥7.86 – ¥18.08 · the ¥54.49 price screens above the ¥14.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.
Analysis
Zhejiang Rongtai Electric Material Co (603119) currently trades at ¥54.49, while our model-based Fair Value estimate is ¥14.44, implying the stock looks roughly 73.5% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Technology 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, Zhejiang Rongtai Electric Material Co generated revenue of 1.5B CNY at a net margin of 19.6%. Revenue grew 41.3% year over year. It earns a return on equity of 14.5%. Net debt stands at 60.4M CNY. Fundamentals as of Jul 11, 2026
Our scenario range runs from ¥7.86 (bear case) to ¥18.08 (bull case); at ¥54.49, 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 43% below its 52-week high and 87% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -74%, 603119 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.
All 26 models by family
Widest divergence: Growth Earnings (¥21.68) versus Dividend Discount (¥2.60). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 49
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
Zhejiang Rongtai Electric Material Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of composite materials made of high temperature resistant insulating mica in China and internationally.
Full company description
Zhejiang Rongtai Electric Material Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of composite materials made of high temperature resistant insulating mica in China and internationally. The company offers mica tapes, plates, tubes, heating elements, laminates and washers, insulators, rolls, and papers, as well as epoxy glass laminates and mica for thermal-protection products; one-stop system solutions for electrical and thermal insulation; and after-sales support services. Its products are used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances, and other related industrial fields. The company also engages in scientific research and technical services activities. It exports its products. Zhejiang Rongtai Electric Material Co.,Ltd. was founded in 1998 and is based in Jiaxing, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2025 · reported fiscal years
Zhejiang Rongtai Electric Material Co reported revenue of ¥1.4B in FY2025 versus ¥667M in FY2022, a compound +27.3%/yr. Reported net income was ¥278M in FY2025, compounding +27.7%/yr from FY2022.
603119 screens 74% overvalued. Compare with Delta Electronics, Inc →
Peer Group
Electronic Components · 626 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 Electronic Components 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.
Similar stocks
10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Delta Electronics, Inc 2308 | 1,880 TWD | 515.23 TWD | -73% |
| Hon Hai Precision Industry Co 2317 | 242.50 TWD | 270.47 TWD | +12% |
| Luxshare Precision Industry Co 002475 | ¥62.14 | ¥38.44 | -38% |
| Samsung Electro-Mechanics Co 009150 | 1,260,000 KRW | 166,421 KRW | -87% |
| Elite Material Co 2383 | 4,990 TWD | 714.36 TWD | -86% |
| Yageo Corporation 2327 | 699.00 TWD | 216.55 TWD | -69% |
| Shengyi Technology Co 600183 | ¥132.29 | ¥27.45 | -79% |
| Shennan Circuits Co 002916 | ¥364.00 | ¥93.50 | -74% |
| Victory Giant Technology (HuiZhou) Co 2476 | HK$297.00 | HK$103.98 | -65% |
| Wus Printed Circuit (Kunshan) Co 002463 | ¥127.80 | ¥31.95 | -75% |
Compare Zhejiang Rongtai Electric Material Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Zhejiang Rongtai Electric Material Co (603119) overvalued or undervalued?
What is the fair value of 603119?
What is the quality score of 603119?
What is the revenue of Zhejiang Rongtai Electric Material Co (603119)?
What is the net profit margin of 603119?
Does Zhejiang Rongtai Electric Material Co 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 Zhejiang Rongtai Electric Material 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.