Zhejiang Wanfeng Chemical Co. Ltd. A (603172) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Zhejiang Wanfeng Chemical Co. Ltd. A stock ¥5.66, price ¥16.60, that is 65.9% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
42‑month range ¥10.73 – ¥31.02 · fair‑value band ¥5.35 – ¥5.92 · the ¥16.60 price screens above the ¥5.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Zhejiang Wanfeng Chemical Co.,Ltd. engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally. Zhejiang Wanfeng Chemical Co.,Ltd. was founded in 2003 and is based in Shaoxing, China.
Stock analysis
Zhejiang Wanfeng Chemical Co. Ltd. A (603172) currently trades at ¥16.60, while our model-based Fair Value estimate is ¥5.66, 66% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥8.51 per share, and 1 of the 14 models we run sit above the ¥16.60 price.
Bear case: the Dividend Discount group reads lowest at ¥1.08, and 13 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥5.35 (bear) to ¥5.92 (bull), the price of ¥16.60 sits above 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 39/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Zhejiang Wanfeng Chemical Co. Ltd. A reported revenue of 552M CNY in FY2025 versus 564M CNY in FY2021, a compound −0.5%/yr. Reported net income was 48.3M CNY in FY2025, compounding −10.5%/yr from FY2021.
Key figures
Market cap 2.2B CNY (≈ $332M) Small · P/E ratio 40.5 · P/S ratio 3.64 · EPS (TTM) ¥0.4100 · Dividend yield 0.4% · Net margin 9.1% · Return on equity 5.2% · Return on assets (EBIT) 17.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 46% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −66%, 603172 screens richer than that median.
Fair Value models
Bear¥5.35Fair Value ¥5.66Bull¥5.92
Price ¥16.60 · Downside -65.9%
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 (¥0.2916 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.
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.26/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+3.2%
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.
+0.4%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘ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.
−13.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−13.6%
Dividend (yield on the price)0.4%
Profit margin 2021 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.100% → 10%
Compare Zhejiang Wanfeng Chemical Co. Ltd. A with another stock
Price, fair value, quality and upside side by side.
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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.Specialty Chemicals · 728 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−66.5% · Bottom 25%
Profitability
Return on equity (12 months)5.2% · Below median
Return on assets3.1% · Below median
Net margin (12 months)9.1% · Above median
Operating margin (12 months)12.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)13.5% · Above median
Dividend yield (12 months)0.4% · Bottom 25%
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)40.5× · Priciest 25%
P/B2.05× · Pricier than median
P/S (12 months)3.64× · Priciest 25%
EV/EBITDA17.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)68· sector 67
PAST (return on equity)21· sector 27
HEALTH (low debt)99· sector 95
DIVIDEND (yield)8· sector 31
VALUE 0: the price sits above our fair-value range.
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). "Zhejiang Wanfeng Chemical Co. Ltd. A Fair Value". https://www.fairvalue-calculator.com/stock/603172
Frequently asked questions
Is Zhejiang Wanfeng Chemical Co. Ltd. A (603172) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥5.66 versus a price of ¥16.60, about 66% lower (overvalued).
What is the fair value of 603172?
Our model-based fair value for Zhejiang Wanfeng Chemical Co. Ltd. A is ¥5.66 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥16.60.
What is the quality score of 603172?
Zhejiang Wanfeng Chemical Co. Ltd. A has a Quality Score of 39/100. 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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Our model-based price target is the fair value of ¥5.66 (as of Nov 8, 2026) from 14 valuation models. Cautious scenario ¥5.35, optimistic scenario ¥5.92. It is a calculation from audited fundamentals, not an analyst target.
What is the Zhejiang Wanfeng Chemical Co. Ltd. A stock forecast for 2026?
Our models put fair value at ¥5.66, about 66% lower versus a price of ¥16.60 (overvalued). Cautious scenario ¥5.35, optimistic scenario ¥5.92. The calculation is refreshed regularly with new filings.
What is the revenue of Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Zhejiang Wanfeng Chemical Co. Ltd. A reported trailing-twelve-month revenue of about 619M CNY (latest available figure, as of Nov 8, 2026).
Does Zhejiang Wanfeng Chemical Co. Ltd. A pay a dividend?
Zhejiang Wanfeng Chemical Co. Ltd. A currently shows a dividend yield of 0.42% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Zhejiang Wanfeng Chemical Co. Ltd. A (603172) and when is the ex-dividend date?
Zhejiang Wanfeng Chemical Co. Ltd. A pays a dividend of ¥0.07 per share a year, a dividend yield of 0.4%. The last ex-dividend date was Jun 15, 2026. The payout ratio is 17.1% of earnings. Our assessment: Token dividend. At a yield of 0.4% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.4% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Zhejiang Wanfeng Chemical Co. Ltd. A it is ¥5.66 per share (as of Nov 8, 2026), against a price of ¥16.60. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Zhejiang Wanfeng Chemical Co. Ltd. A stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 603172 trades above its calculated fair value: price ¥16.60, fair value ¥5.66, a gap of about −66% (overvalued). 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 603172?
No. The price is what the market pays today (¥16.60); the fair value is what the company's own numbers justify (¥5.66). For Zhejiang Wanfeng Chemical Co. Ltd. A the two are ¥10.94 per share apart. That gap is exactly why we show both numbers side by side.
How much is Zhejiang Wanfeng Chemical Co. Ltd. A worth?
The market values Zhejiang Wanfeng Chemical Co. Ltd. A at about 2.2B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥16.60; our models calculate a fair value of ¥5.66 per share.
What do the bullish and bearish scenarios say about 603172?
Our models span a range for Zhejiang Wanfeng Chemical Co. Ltd. A: cautious scenario ¥5.35, base ¥5.66, optimistic ¥5.92 per share (as of Nov 8, 2026, price ¥16.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 603172?
Zhejiang Wanfeng Chemical Co. Ltd. A trades at a price-to-earnings ratio of 40.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥5.66 is built from several models across several years. Other multiples: P/B 2.1, P/S 3.6, EV/EBITDA 17.9.
How solid is the balance sheet of Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Balance-sheet figures for Zhejiang Wanfeng Chemical Co. Ltd. A (as of Nov 8, 2026): return on equity 5.2%, debt of 0.03 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 603172 from its 52-week high?
Zhejiang Wanfeng Chemical Co. Ltd. A trades at ¥16.60, about 46% below its 52-week high of ¥31.02 and 14% above the low of ¥14.50 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ¥5.66 is for.
Which stocks are comparable to Zhejiang Wanfeng Chemical Co. Ltd. A?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, 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 Zhejiang Wanfeng Chemical Co. Ltd. A stock attractive at the current price?
The data as of Nov 8, 2026: price ¥16.60, calculated fair value ¥5.66 (−66%), Quality Score 39/100, from 14 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 603172 calculated?
We run Zhejiang Wanfeng Chemical Co. Ltd. A through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥5.66 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Zhejiang Wanfeng Chemical Co. Ltd. A itself currently trades above fair value. 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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The closing price on Nov 9, 2026 was ¥16.60. Our model-based fair value is ¥5.66, about 66% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Zhejiang Wanfeng Chemical Co. Ltd. A right now?
The price sits above even our optimistic bull case (¥5.92). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. The models converge in a tight band (¥5.35 to ¥5.92), unusually little disagreement for a valuation.
Key figures of Zhejiang Wanfeng Chemical Co. Ltd. A
How large is the market capitalisation of Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The market capitalisation of Zhejiang Wanfeng Chemical Co. Ltd. A is 2.2B CNY (≈ $332M). 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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The price-to-sales ratio of Zhejiang Wanfeng Chemical Co. Ltd. A is 3.64 (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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Earnings per share at Zhejiang Wanfeng Chemical Co. Ltd. A are ¥0.4100 (price ÷ EPS = P/E 40.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The dividend yield of Zhejiang Wanfeng Chemical Co. Ltd. A is 0.4% (payout 17.1%). 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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The net margin of Zhejiang Wanfeng Chemical Co. Ltd. A is 9.1% (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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The return on equity (ROE) of Zhejiang Wanfeng Chemical Co. Ltd. A is 5.2% (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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
On an EBIT basis the return on assets of Zhejiang Wanfeng Chemical Co. Ltd. A is 17.0% (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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
The operating margin of Zhejiang Wanfeng Chemical Co. Ltd. A is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Revenue at Zhejiang Wanfeng Chemical Co. Ltd. A is growing +13.5% versus a year earlier (3y avg +0.4%). 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 Zhejiang Wanfeng Chemical Co. Ltd. A (603172)?
Earnings per share at Zhejiang Wanfeng Chemical Co. Ltd. A are growing +39.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Zhejiang Wanfeng Chemical Co. Ltd. A (603172) generate?
The free cash flow of Zhejiang Wanfeng Chemical Co. Ltd. A is −46.2M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Nov 8, 2026