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Cybrid Technologies Inc (603212) fair value: what the stock is really worth

As of Oct 29, 2026: fair value (intrinsic value) of Cybrid Technologies Inc stock ¥4.83, price ¥10.18, upside -52.6%, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Basic Materials CN · ISIN CNE100004074

CT Cybrid Technologies Inc logo Thin data Oct 29, 2026

Cybrid Technologies Inc

603212 · SHG
Very expensive, weak quality

Our calculation puts a fair price 53% below what the stock costs today.

Low debt
Quality 46/100
Fair value ¥4.83 · Strongly overvalued (−52.6%)
Weak Growth (revenue 3y −14.0 %/yr in CNY)
Loss-making · -7.9% net margin (TTM)
Negative free cash flow
Trails peers (1/11)
Narrow moat 15/100
Thin data
⟳ Cyclical

What runs behind every stock

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

Price vs Fair Value

¥39.46 ¥9.02 Fair Value ¥4.83 May 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.

How to read this chart

60‑month range ¥9.02 – ¥39.46 · fair‑value band ¥3.18 – ¥6.03 · the ¥10.18 price screens above the ¥4.83 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.

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Company profile

Cybrid Technologies Inc., together with its subsidiaries, engages in the research, development, production, and sale of functional polymer materials in the form of films and adhesives in China and internationally.

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The company offers photovoltaic backplanes, encapsulation and insulating films, hot pressing and side panel insulating films, battery shell protective films, double-sided tapes, and other thin film functional polymer materials.

It also provides photovoltaic, photovoltaic power station maintenance, and life extension materials for various module solutions; lithium battery and new energy vehicle materials for electric vehicle battery pack, electric signal transmission and collection, color separation and masking, and foam tape solutions; and consumer electronics and semiconductor materials for LCD and OLED mobile phones, mini LED, smart wear, notebook devices, white goods, semiconductors, and IGBT power semiconductor devices, as well as for earphones, bracelets, and watches.

In addition, the company engages in the provision of polyvinylidene fluoride and cast films, polarizing films, sanitary products, and optical equipment; sales and import and export of products and resources; investment, development, construction, operation, and management of photovoltaic power stations; photovoltaic power generation contract energy management; sale of photovoltaic equipment; and power supply services.

Further, it is involved in the research and development of solar photovoltaic power generation technology; product trading; power generation, transmission, and distribution; construction and engineering; wind and solar power technology services; and recycling of renewable resources.

Cybrid Technologies Inc. was founded in 2008 and is headquartered in Suzhou, China.

Stock analysis

Cybrid Technologies Inc (603212) currently trades at ¥10.18, while our model-based Fair Value estimate is ¥4.83, 52.6% below the price, so the stock looks overvalued today.

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Valuation

How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the data coverage at low.

Scenario range: ¥3.18 (bear) to ¥6.03 (bull), the price of ¥10.18 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 46/100 (below-average quality), in the Basic Materials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Cybrid Technologies Inc reported revenue of 2.6B CNY in FY2025 versus 3.0B CNY in FY2021, a compound −3.5%/yr. Reported net income was −268M CNY in FY2025.

Key figures

Market cap 4.5B CNY (≈ $670M) Small · P/S ratio 1.76 · EPS (TTM) ¥−0.4600 · Dividend yield 0.6% · Net margin −7.9% · Return on equity −7.9% · Return on assets (EBIT) −0.2% · Operating margin 0.9%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 15 out of 100 (medium confidence).

What moves the price

The share trades about 45% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −44% fair-value upside, at −53%, 603212 screens richer than that median.

Fair Value models

Bear ¥3.18 Fair Value ¥4.83 Bull ¥6.03
Price ¥10.18 · Upside -52.6%
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. 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
NCAV (Graham) ¥1.59 ¥2.41 ¥3.01 55
All 1 models by family
Asset-Based
NCAV (Graham) ¥1.59 ¥2.41 ¥3.01 55

Open the full fair value analysis →

Quality Score breakdown

Overall quality 46/100

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

Profitability 9
How much profit the company makes from its sales and capital
Quality Growth 34
Are margins and returns getting better?
Cashflow 13
Do the profits arrive as real cash?
Financial strength 76
Debt, balance sheet and risk of trouble
Investment 98
Does it invest with discipline instead of growing at any price?
Low Volatility 29
How calm the share price moves, does not count
Momentum 31
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 13
Distance to the 52-week high, does not count
New shares 75
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. 14/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−12.7%
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.
−14.0%
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.
+3.7%
Start year 2020 (pandemic). Over 10 years: +8.9% a year
Revenue growth 11 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.
+12.3%
Profit margin (trend) ⓘ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.
10.2% (2020) → −5.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

603212 screens overvalued: fair value 53% below the price. Compare with Linde plc →

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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 · 720 stocks

Beats the industry median on 1/10 measures
Overall it trails its industry peers.
Valuation
Quality Score 46 · Below median
Fair Value upside −52.6% · Below median
Profitability
Return on assets −6.8% · Bottom 25%
Net margin (12 months) −7.9% · Bottom 25%
Operating margin (12 months) 0.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −6.8% · Bottom 25%
Dividend yield (12 months) 0.6% · Bottom 25%
Balance sheet
Debt / equity 0.01× · Below median

Valuation Multiplesvs Specialty Chemicals median · lower = cheaper

P/B 1.85× · Pricier than median
P/S (12 months) 1.76× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 65
PAST (return on equity)0 · sector 27
HEALTH (low debt)99 · sector 95
DIVIDEND (yield)11 · sector 31

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value Compare
Wanhua Chemical Group 600309 ¥70.61 ¥68.03 −4% vs 603212
Linde plc LIN $507.56 $444.78 −12% vs 603212
Nan Ya Plastics Corporation 1303 297.50 TWD 239.59 TWD −19% vs 603212
PPG Industries, Inc PPG $113.44 $77.19 −32% vs 603212
Sika AG SIKA CHF 175.25 CHF 98.89 −44% vs 603212
The Sherwin-Williams Company SHW $326.01 $145.67 −55% vs 603212
Givaudan SA GIVN CHF 3,944 CHF 1,554 −61% vs 603212
EMS-CHEMIE HOLDING AG EMSN CHF 850.50 CHF 284.63 −67% vs 603212
Ecolab Inc ECL $291.27 $96.56 −67% vs 603212
DSM-Firmenich AG DSFIR CHF 100.90 CHF 29.15 −71% vs 603212

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Cite: Fair Value Calculator (2026). "Cybrid Technologies Inc Fair Value". https://www.fairvalue-calculator.com/stock/603212

Frequently asked questions

Is Cybrid Technologies Inc (603212) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of ¥4.83 versus a price of ¥10.18, about −53% upside (overvalued).
What is the fair value of 603212?
Our model-based fair value for Cybrid Technologies Inc is ¥4.83 (as of Oct 29, 2026), built from audited fundamentals. The current price: ¥10.18.
What is the quality score of 603212?
Cybrid Technologies Inc has a Quality Score of 46/100. 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 Cybrid Technologies Inc (603212)?
Our model-based price target is the fair value of ¥4.83 (as of Oct 29, 2026) from 1 valuation models. Cautious scenario ¥3.18, optimistic scenario ¥6.03. It is a calculation from audited fundamentals, not an analyst target.
What is the Cybrid Technologies Inc stock forecast for 2026?
Our models put fair value at ¥4.83, about −53% upside versus a price of ¥10.18 (overvalued). Cautious scenario ¥3.18, optimistic scenario ¥6.03. The calculation is refreshed regularly with new filings.
What is the revenue of Cybrid Technologies Inc (603212)?
Cybrid Technologies Inc reported trailing-twelve-month revenue of about 2.5B CNY (latest available figure, as of Oct 29, 2026).
Does Cybrid Technologies Inc pay a dividend?
Cybrid Technologies Inc currently shows a dividend yield of 0.57% relative to its recent price (as of Oct 29, 2026).
What is the intrinsic value of Cybrid Technologies Inc (603212)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cybrid Technologies Inc it is ¥4.83 per share (as of Oct 29, 2026), against a price of ¥10.18. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Cybrid Technologies Inc stock overvalued or undervalued in 2026?
As of Oct 29, 2026, 603212 trades above its calculated fair value: price ¥10.18, fair value ¥4.83, a gap of about −53% (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 603212?
No. The price is what the market pays today (¥10.18); the fair value is what the company's own numbers justify (¥4.83). For Cybrid Technologies Inc the two are ¥5.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cybrid Technologies Inc worth?
The market values Cybrid Technologies Inc at about 4.5B CNY (market capitalisation, as of Oct 29, 2026). Per share that is ¥10.18; our models calculate a fair value of ¥4.83 per share.
What do the bullish and bearish scenarios say about 603212?
Our models span a range for Cybrid Technologies Inc: cautious scenario ¥3.18, base ¥4.83, optimistic ¥6.03 per share (as of Oct 29, 2026, price ¥10.18). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Cybrid Technologies Inc (603212)?
Balance-sheet figures for Cybrid Technologies Inc (as of Oct 29, 2026): return on equity −7.9%, debt of 0.01 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 603212 from its 52-week high?
Cybrid Technologies Inc trades at ¥10.18, about 45% below its 52-week high of ¥18.36 and 7% above the low of ¥9.51 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of ¥4.83 is for.
Which stocks are comparable to Cybrid Technologies Inc?
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 Cybrid Technologies Inc stock attractive at the current price?
The data as of Oct 29, 2026: price ¥10.18, calculated fair value ¥4.83 (−53%), Quality Score 46/100, from 1 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 603212 calculated?
We run Cybrid Technologies Inc through 1 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 ¥4.83, 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 13.1 % above its aggregate fair value. Cybrid Technologies Inc 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 Cybrid Technologies Inc (603212)?
The closing price on Oct 29, 2026 was ¥10.18. Our model-based fair value is ¥4.83, about −53% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cybrid Technologies Inc right now?
The price sits above even our optimistic bull case (¥6.03). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥3.18 to ¥6.03) leaves room in how you read the outcome.
Where does the earnings growth of Cybrid Technologies Inc (603212) come from?
Earnings per share at Cybrid Technologies Inc grew −11.0 % a year from 2014 to 2024. Broken into its drivers: revenue per share +5.8 %, EBIT margin −17.6 %, tax rate +2.5 %, residual (interest, one-offs) −0.4 %. 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 Cybrid Technologies Inc

How large is the market capitalisation of Cybrid Technologies Inc (603212)?
The market capitalisation of Cybrid Technologies Inc is 4.5B CNY (≈ $670M). 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 Cybrid Technologies Inc (603212)?
The price-to-sales ratio of Cybrid Technologies Inc is 1.76 (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 Cybrid Technologies Inc (603212)?
Earnings per share at Cybrid Technologies Inc are ¥−0.4600. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cybrid Technologies Inc (603212)?
The dividend yield of Cybrid Technologies Inc is 0.6%. 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 Cybrid Technologies Inc (603212)?
The net margin of Cybrid Technologies Inc is −7.9% (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 Cybrid Technologies Inc (603212)?
The return on equity (ROE) of Cybrid Technologies Inc is −7.9% (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 Cybrid Technologies Inc (603212)?
On an EBIT basis the return on assets of Cybrid Technologies Inc is −0.2% (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 Cybrid Technologies Inc (603212)?
The operating margin of Cybrid Technologies Inc is 0.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cybrid Technologies Inc (603212)?
Revenue at Cybrid Technologies Inc is growing −6.8% versus a year earlier (3y avg −14.0%). 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 Cybrid Technologies Inc (603212)?
Earnings per share at Cybrid Technologies Inc are growing −25.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Cybrid Technologies Inc (603212) generate?
The free cash flow of Cybrid Technologies Inc is −7.1M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Cybrid Technologies Inc (603212) carry?
The net debt of Cybrid Technologies Inc is 214M CNY (fiscal year 2025). 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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