Zhejiang Jianye Chemical Co (603948) Fair Value & Analysis
Basic Materials · CN · Market cap 4.2B CNY
Fair value as of: Jul 12, 2026
From 24 valuation models · updated 29 days ago
Fair value updated Jul 12, 2026, revised from ¥25.97 to ¥24.06 (−7.4%) since Jun 24, 2026. Share price −13.1% over the past month.
A solid business, screening 16% undervalued on our models.
What matters now
- Our model range runs from ¥18.04 (bear) to ¥30.07 (bull), base ¥24.06. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 72/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
60‑month range ¥14.25 – ¥36.34 · fair‑value band ¥18.04 – ¥30.07 · the ¥20.68 price screens below the ¥24.06 fair value. Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Zhejiang Jianye Chemical Co (603948) currently trades at ¥20.68, while our model-based Fair Value estimate is ¥24.06, implying the stock looks roughly 16.3% undervalued today. The Quality Score stands at 72/100 (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: high), always confirm before acting.
Over the trailing twelve months, Zhejiang Jianye Chemical Co generated revenue of 2.0B CNY at a net margin of 11.4%. Revenue declined 1.6% year over year. It earns a return on equity of 10.7%. The balance sheet holds a net cash position of 1.1B CNY. Fundamentals as of Jul 12, 2026
Our scenario range runs from ¥18.04 (bear case) to ¥30.07 (bull case); at ¥20.68, 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 43% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 16%, 603948 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 24 models by family
Widest divergence: DCF Models (¥31.42) versus Asset-Based (¥8.90). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 72 · Market factors (momentum, volatility) 32
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 Jianye Chemical Co., Ltd. engages in the research, development, production, and sales of fine chemical products in China. The company offers low-carbon fatty amines, plasticizers, acetates, liquid sulfur dioxide, and electronic chemicals. It serves agrochemical, pharmaceutical, rubber, paint and dyes, surfactant, intermediate, and other industries.
Full company description
Zhejiang Jianye Chemical Co., Ltd. engages in the research, development, production, and sales of fine chemical products in China. The company offers low-carbon fatty amines, plasticizers, acetates, liquid sulfur dioxide, and electronic chemicals. It serves agrochemical, pharmaceutical, rubber, paint and dyes, surfactant, intermediate, and other industries. It also exports its products. Zhejiang Jianye Chemical Co., Ltd. was founded in 1958 and is headquartered in Jiande, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Zhejiang Jianye Chemical Co reported revenue of ¥2.1B in FY2025 versus ¥2.8B in FY2021, a compound −7.4%/yr. Reported net income was ¥230M in FY2025, compounding −5.6%/yr from FY2021.
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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.
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 12, 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% |
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Frequently asked questions
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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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