Zhejiang Sanmei Chemical Industry Co (603379) Fair Value & Analysis
Basic Materials · CN · Market cap 41.3B CNY
Fair value as of: Jul 11, 2026
From 26 valuation models · updated 30 days ago
Share price −2.5% over the past month.
A strong business, but screening 27% overvalued on our models.
What matters now
- A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- A fairly wide model range (¥32.40 to ¥72.93) leaves room in how you read the outcome.
Price vs Fair Value (5 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
60‑month range ¥14.66 – ¥83.48 · fair‑value band ¥32.40 – ¥72.93 · the ¥65.30 price screens above the ¥47.91 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 Sanmei Chemical Industry Co (603379) currently trades at ¥65.30, while our model-based Fair Value estimate is ¥47.91, implying the stock looks roughly 26.6% overvalued today. The Quality Score stands at 75/100 (high quality), in the Basic Materials 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: high).
Over the trailing twelve months, Zhejiang Sanmei Chemical Industry Co generated revenue of 6.0B CNY at a net margin of 35.9%. Revenue grew 15.4% year over year. It earns a return on equity of 27.3%. The balance sheet holds a net cash position of 2.5B CNY. Fundamentals as of Jul 11, 2026
Our scenario range runs from ¥32.40 (bear case) to ¥72.93 (bull case); at ¥65.30, 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 17% below its 52-week high and 46% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at -27%, 603379 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.
All 26 models by family
Widest divergence: Growth Earnings (¥62.58) versus Asset-Based (¥8.88). 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 72 · Market factors (momentum, volatility) 60
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 Sanmei Chemical Industry Co.,Ltd. engages in the research and development, production, and sales of fluorine chemical products in China and internationally. The company's products portfolio comprises hydrofluoric acid, fluorinated refrigerant, ODS substitute products, foaming agents, and etching new materials.
Full company description
Zhejiang Sanmei Chemical Industry Co.,Ltd. engages in the research and development, production, and sales of fluorine chemical products in China and internationally. The company's products portfolio comprises hydrofluoric acid, fluorinated refrigerant, ODS substitute products, foaming agents, and etching new materials. Zhejiang Sanmei Chemical Industry Co.,Ltd. was founded in 2001 and is headquartered in Wuyi, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Zhejiang Sanmei Chemical Industry Co reported revenue of ¥5.8B in FY2025 versus ¥4.0B in FY2021, a compound +9.6%/yr. Reported net income was ¥2.1B in FY2025, compounding +40.0%/yr from FY2021.
603379 screens 27% overvalued. Compare with BASF SE →
Peer Group
Chemicals · 334 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 Chemicals 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 Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BASF SE BASN | 1,034 MXN | 532.13 MXN | -49% |
| Ningxia Baofeng Energy Group 600989 | ¥20.32 | ¥20.17 | -1% |
| Zhejiang Juhua Co 600160 | ¥42.85 | ¥23.35 | -46% |
| PT Barito Pacific Tbk, BRPT | 1,690 IDR | 1,628 IDR | -4% |
| LG Chem, Ltd 051910 | 260,500 KRW | 587,755 KRW | +126% |
| Formosa Chemicals & Fibre Corporation 1326 | 66.10 TWD | 6.79 TWD | -90% |
| PTT Global Chemical Public Company PTTGC | 35.50 THB | 18.21 THB | -49% |
| 542812 542812 | ₹4,369 | ₹791.05 | -82% |
| Indorama Ventures Public Company IVL | 24.50 THB | 17.95 THB | -27% |
| Navin Fluorine International Limited NAVINFLUOR | ₹8,650 | ₹2,146 | -75% |
Compare Zhejiang Sanmei Chemical Industry Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Zhejiang Sanmei Chemical Industry Co (603379) overvalued or undervalued?
What is the fair value of 603379?
What is the quality score of 603379?
What is the revenue of Zhejiang Sanmei Chemical Industry Co (603379)?
What is the net profit margin of 603379?
Does Zhejiang Sanmei Chemical Industry 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 Sanmei Chemical Industry 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.