Suli Co (603585) Fair Value & Analysis
Basic Materials · CN · Market cap 2.8B CNY
Fair value as of: Aug 11, 2026
From 16 valuation models · updated today
Share price +10.5% over the past month.
A solid business, screening 61% undervalued on our models.
What matters now
- The price is below even our cautious bear case (¥12.45). The market is more pessimistic than our downside scenario.
- Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 11, 2026.
How to read this chart
60‑month range ¥9.11 – ¥26.40 · fair‑value band ¥12.45 – ¥20.80 · the ¥10.34 price screens below the ¥16.64 fair value. Dashed = 300-day average. As of Aug 11, 2026.
Analysis
Suli Co (603585) currently trades at ¥10.34, while our model-based Fair Value estimate is ¥16.64, implying the stock looks roughly 60.9% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Basic Materials 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: medium), always confirm before acting.
Over the trailing twelve months, Suli Co generated revenue of 2.7B CNY at a net margin of 6.6%. Revenue declined 6.0% year over year. It earns a return on equity of 5.8%. Net debt stands at 915M CNY. Fundamentals as of Aug 11, 2026
Our scenario range runs from ¥12.45 (bear case) to ¥20.80 (bull case); at ¥10.34, the current price sits below 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 62% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 61%, 603585 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 16 models by family
Widest divergence: Growth Earnings (¥17.78) versus Dividend Discount (¥1.66). Highest evidence: Residual Income (76).
Notify me when 603585 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 11, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 17
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
Suli Co., Ltd. engages in the research, development, production, and sale of pesticides, flame retardants, and other fine chemical products. It offers chlorothalonil, azoxystrobin, diflubenzuron, fluazinam, cymoxanil, and boscalid technical products; pesticide formulations; and decabromodiphenyl ethane.
Full company description
Suli Co., Ltd. engages in the research, development, production, and sale of pesticides, flame retardants, and other fine chemical products. It offers chlorothalonil, azoxystrobin, diflubenzuron, fluazinam, cymoxanil, and boscalid technical products; pesticide formulations; and decabromodiphenyl ethane. The company also provides brominated, environment-friendly, and halogen-free flame retardants; and intermediates, including pentachloropyridine, pentachlorobenzonitrile, isophthalonitrile, and hydrobromic acid, as well as diphenylethane and 1,2-dibromoethane. In addition, it offers industry biocides, such as Longee 985CHL, 550CCD, 550CC, and 500CHL; and calcium chloride and ferric chloride solution for use in water treatment. The company sells its products under the Suli brand name for use in agricultural production, plastics and building materials industries, medicine, and other fields in European Union, North America, South America, Africa, Southeast Asia, and other countries. The company was founded in 1994 and is headquartered in Jiangyin, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Suli Co reported revenue of ¥2.8B in FY2025 versus ¥2.3B in FY2021, a compound +4.3%/yr. Reported net income was ¥193M in FY2025, compounding −5.5%/yr from FY2021.
of which total revenue +12.4 pp · buybacks/dilution −5.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 603585: get an alert when its fair value changes →
Peer Group
Chemicals · 333 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.
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 Aug 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 Suli 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 Suli Co (603585) overvalued or undervalued?
What is the fair value of 603585?
What is the quality score of 603585?
What is the revenue of Suli Co (603585)?
What is the net profit margin of 603585?
Does Suli 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 Suli 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.