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Zhejiang Xiantong Rubber&Plastic Co (603239) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 3.9B CNY

ZX Zhejiang Xiantong Rubber&Plastic Co 603239 · SHG
Price¥14.29
Fair Value¥15.03
Upside+5.2%
Quality68/100
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Mixed Growth
Solidly profitable · 13.5% net margin
Low debt · generates free cash flow
2.09% dividend yield
Ranks above peers (9/14)
Moderate moat 63/100
Evidence: High Range ¥8.39 – ¥18.69 Share as image

Fair value as of: Aug 10, 2026

From 26 valuation models · updated today

Share price +3.0% over the past month.

A solid business, 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.
  • A fairly wide model range (¥8.39 to ¥18.69) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥26.41 ¥8.92 Fair Value ¥15.03 Mar 2021 Aug 2026

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 ¥8.92 – ¥26.41 · fair‑value band ¥8.39 – ¥18.69 · the ¥14.29 price screens below the ¥15.03 fair value. Dashed = 300-day average. As of Aug 10, 2026.

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Analysis

Zhejiang Xiantong Rubber&Plastic Co (603239) currently trades at ¥14.29, while our model-based Fair Value estimate is ¥15.03, implying the stock looks roughly 5.2% fairly valued today. The Quality Score stands at 68/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Zhejiang Xiantong Rubber&Plastic Co generated revenue of 1.5B CNY at a net margin of 13.5%. Revenue declined 3.7% year over year. It earns a return on equity of 15.6%. The balance sheet holds a net cash position of 107M CNY. Fundamentals as of Aug 10, 2026

Our scenario range runs from ¥8.39 (bear case) to ¥18.69 (bull case); at ¥14.29, 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 46% 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 5%, 603239 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥5.55 ¥9.65 ¥16.56 80
Residual Income ¥5.22 ¥6.92 ¥21.36 76
Rev-Margin DCF ¥5.36 ¥9.33 ¥14.73 74
All 26 models by family
DCF Models
FCF DCF ¥5.67 ¥10.22 ¥18.84 38
Owner Earnings ¥13.94 ¥26.17 ¥48.03 31
5Y Revenue Exit ¥5.36 ¥9.48 ¥15.25 39
5Y EBITDA Exit ¥9.13 ¥17.63 ¥28.82 41
5Y P/E Exit ¥10.75 ¥21.15 ¥33.67 38
10Y Revenue Exit ¥5.25 ¥9.23 ¥15.72 36
10Y EBITDA Exit ¥7.91 ¥15.24 ¥27.36 37
10Y P/E Exit ¥8.99 ¥17.83 ¥31.52 35
Earnings-Based
Graham-Dodd ¥5.57 ¥30.25 ¥41.94 54
Lynch FV ¥8.39 ¥11.98 ¥15.58 50
PEG = 1.0 ¥8.39 ¥11.98 ¥15.58 46
EPV ¥8.50 ¥9.77 ¥10.86 59
Dividend Discount
Gordon GGM ¥1.84 ¥3.68 ¥5.57 70
DDM Multi-Stage ¥1.84 ¥3.18 ¥3.88 61
Multiples
P/E Multiple ¥13.52 ¥18.03 ¥22.54 63
P/S Multiple ¥5.06 ¥6.75 ¥8.43 58
P/B Multiple ¥10.45 ¥13.93 ¥17.42 55
EV/EBIT ¥13.72 ¥18.13 ¥22.55 53
EV/EBITDA ¥11.45 ¥15.10 ¥18.76 54
EV/Revenue ¥5.19 ¥7.22 ¥9.24 43
Asset-Based
NCAV (Graham) ¥2.45 ¥3.28 ¥4.90 50
Growth DCF
Growth DCF ¥5.55 ¥9.65 ¥16.56 80
Rev-Margin DCF ¥5.36 ¥9.33 ¥14.73 74
Economic Profit
Residual Income ¥5.22 ¥6.92 ¥21.36 76
ROIC Compounder ¥9.77 ¥13.16 ¥17.61 72
Growth Earnings
Growth-Adj P/E ¥12.57 ¥17.95 ¥23.34 68

Widest divergence: Growth Earnings (¥17.95) versus Dividend Discount (¥3.18). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.5B CNY
Revenue growth (YoY) -3.7%
Net margin 13.5%
Return on equity 15.6%
Free cash flow 108M CNY FY2025
P/E ratio 19.1
More key figures
Operating margin 17.9%
EPS (TTM) ¥0.7500
Dividend yield 2.1%
EPS growth (YoY) -28.0%
Net cash 107M CNY FY2024

Figures from reported company fundamentals · as of Aug 10, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 66 · Market factors (momentum, volatility) 25

Profitability 61
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 84
Buybacks instead of dilution

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 Xiantong Rubber&Plastic Co.,Ltd engages in the research and development, design, production, and sale of automotive sealing strips and other automobile parts in China.

Full company description

Zhejiang Xiantong Rubber&Plastic Co.,Ltd engages in the research and development, design, production, and sale of automotive sealing strips and other automobile parts in China. The company offers automotive sealing strips, including front door frame sealing strips, door sealing strips, rear door frame sealing strips, exterior door weatherstripping, windshield exterior trim strips, triangular window glass sealing strips, trunk sealing strips, sunroof sealing strips, roof trim strips, and door glass guide channels. It also provides metal roll-formed parts, such as door glass guide rails and sliding door rails, as well as roof rack gaskets. Zhejiang Xiantong Rubber&Plastic Co.,Ltd was founded in 1994 and is based in Taizhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhejiang Xiantong Rubber&Plastic Co reported revenue of ¥1.5B in FY2025 versus ¥787M in FY2021, a compound +17.9%/yr. Reported net income was ¥222M in FY2025, compounding +11.8%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.5B CNY
Latest YoY
+24.3%
Avg. growth/yr (3Y)
+17.6%
Avg. growth/yr (5Y)
+19.8%
Avg. growth/yr (14Y)
+13.4%
Revenue +17.9%/yr
FY21 ¥787M
FY22 ¥936M
FY23 ¥1.1B
FY24 ¥1.2B
FY25 ¥1.5B
Net income +11.8%/yr
FY21 ¥142M
FY22 ¥126M
FY23 ¥151M
FY24 ¥172M
FY25 ¥222M

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Cite: Fair Value Calculator (2026). "Zhejiang Xiantong Rubber&Plastic Co Fair Value". https://www.fairvalue-calculator.com/stock/603239

Peer Group

Auto Parts · 642 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.

Quality Score 68 · Top 25%
Fair Value upside +5% · Above median
Return on equity (TTM) 16% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth -4% · Below median
Dividend yield (TTM) 2.1% · Above median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 19.1× · Cheaper than median
P/B 2.92× · Pricier than median
P/S (TTM) 2.56× · Pricier than 75% of peers
P/FCF 5.3× · Pricier than median
EV/EBITDA 12.4× · Pricier than median

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 40 · sector 17
FUTURE 0 · sector 23
PAST 63 · sector 26
HEALTH 99 · sector 95
DIVIDEND 42 · sector 30

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

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%

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Frequently asked questions

Is Zhejiang Xiantong Rubber&Plastic Co (603239) overvalued or undervalued?
As of Aug 10, 2026, our model estimates a fair value of ¥15.03 versus a price of ¥14.29, about +5% (fairly valued).
What is the fair value of 603239?
Our model-based fair value for Zhejiang Xiantong Rubber&Plastic Co is ¥15.03 (as of Aug 10, 2026), built from audited fundamentals. The current price is ¥14.29.
What is the quality score of 603239?
Zhejiang Xiantong Rubber&Plastic Co has a Quality Score of 68/100. 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 revenue of Zhejiang Xiantong Rubber&Plastic Co (603239)?
Zhejiang Xiantong Rubber&Plastic Co reported trailing-twelve-month revenue of about 1.5B CNY (latest available figure, as of Aug 10, 2026).
What is the net profit margin of 603239?
The net profit margin of Zhejiang Xiantong Rubber&Plastic Co is about 13.5%, meaning it keeps roughly 13.5% of revenue as net income. Based on the latest reported figures.
Does Zhejiang Xiantong Rubber&Plastic Co pay a dividend?
Zhejiang Xiantong Rubber&Plastic Co currently shows a dividend yield of about 1.73% relative to its recent price (as of Aug 10, 2026).

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.

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