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Shandong Daye Co (603278) Fair Value & Analysis

Industrials · CN · Market cap 4.3B CNY

Price¥11.98
Fair Value¥8.71
Upside-27.3%
Quality95/100
Evidence: Medium Range ¥8.71 – ¥11.77

Fair value as of: Jun 24, 2026

Analysis

Shandong Daye Co (603278) currently trades at ¥11.98, while our model-based Fair Value estimate is ¥8.71 — implying the stock looks roughly 27.3% overvalued today. We read business quality at 95/100 (high quality), in the Industrials 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).

About the company

Shandong Daye Co., Ltd. engages in the research, development, production, and sales of bead wires, steel cords, and hose steel, aluminum-clad steel and rope wires in China. It also provides steel nails, aluminum products, metallurgical rollers and accessories, textile machinery and accessories, auto parts, and motorcycle accessories. In addition, it provides spraying, metal surface treatment, and hardening, anti-corrosion. Further, it engages in the sales of steel, wire, and aluminum profiles; import and export of goods; investment, construction, and production and electricity sales of solar energy projects. The company's products are used in vehicle tires, truck tires, engineering tires, aviation tires and other tire products, and other rubber products, as well as passenger vehicles. Shandong Daye Co., Ltd. was founded in 2003 and is headquartered in Zhucheng, China.

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Frequently asked questions

Is Shandong Daye Co (603278) undervalued?
As of Jun 24, 2026, our model estimates a fair value of ¥8.71 versus a price of ¥11.98 — about −27% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 603278?
Our 21-model fair value for Shandong Daye Co is ¥8.71 (as of Jun 24, 2026), built from audited fundamentals. The current price is ¥11.98.
What is the quality score of 603278?
Shandong Daye Co has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.