Ningbo Changhong Polymer Scientific & Technical Inc (605008) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Ningbo Changhong Polymer Scientific & Technical Inc ¥1.80, price ¥13.71, upside -86.9%, quality 36 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Ningbo Changhong Polymer Scientific & Technical Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ¥8.45 – ¥21.14 · fair‑value band ¥0.6300 – ¥2.96 · the ¥13.71 price screens above the ¥1.80 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Follow Ningbo Changhong Polymer Scientific & Technical in your weekly email
Every Wednesday you see whether Ningbo Changhong Polymer Scientific & Technical is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products.
Show more
Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.
Stock analysis
Ningbo Changhong Polymer Scientific & Technical Inc (605008) currently trades at ¥13.71, while our model-based Fair Value estimate is ¥1.80, 86.9% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of ¥9.97 per share, and 1 of the 6 models we run sit above the ¥13.71 price.
Bear case: the Multiples group reads lowest at ¥1.80, and 5 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥0.6300 (bear) to ¥2.96 (bull), the price of ¥13.71 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 36/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ningbo Changhong Polymer Scientific & Technical Inc reported revenue of 3.9B CNY in FY2025 versus 1.7B CNY in FY2021, a compound +22.7%/yr. Reported net income was −8.0M CNY in FY2025.
Key figures
Market cap 8.9B CNY (≈ $1.3B) · P/S ratio 1.85 · EPS (TTM) ¥−0.0200 · Dividend yield 1.3% · Net margin −0.2% · Return on equity −1.1% · Return on assets (EBIT) 3.5% · Operating margin −0.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 30% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −39% fair-value upside, at −87%, 605008 screens richer than that median.
Fair Value models
Bear ¥0.6300Fair Value ¥1.80Bull ¥2.96
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.8%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.4%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
28.1% (2020) → 2.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Ningbo Changhong Polymer Scientific & Technical Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Specialty Chemicals · 691 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−86.9% · Bottom 25%
Profitability
Return on assets0.6% · Bottom 25%
Net margin (TTM)−0.5% · Bottom 25%
Operating margin (TTM)−0.3% · Bottom 25%
Growth and dividend
Revenue growth11.1% · Below median
Dividend yield (TTM)1.3% · Below median
Balance sheet
Debt / equity0.71× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/B0.67× · Cheapest 25%
P/S (TTM)0.33× · Cheapest 25%
EV/EBITDA8.6× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)56· sector 59
PAST (return on equity)0· sector 26
HEALTH (low debt)65· sector 95
DIVIDEND (yield)25· sector 29
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Ningbo Changhong Polymer Scientific & Technical Inc (605008) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥1.80 versus a price of ¥13.71, about −87% upside (overvalued).
What is the fair value of 605008?
Our model-based fair value for Ningbo Changhong Polymer Scientific & Technical Inc is ¥1.80 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥13.71.
What is the quality score of 605008?
Ningbo Changhong Polymer Scientific & Technical Inc has a Quality Score of 36/100. 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 price target for Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Our model-based price target is the fair value of ¥1.80 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario ¥0.6300, optimistic scenario ¥2.96. It is a calculation from audited fundamentals, not an analyst target.
What is the Ningbo Changhong Polymer Scientific & Technical Inc stock forecast for 2026?
Our models put fair value at ¥1.80, about −87% upside versus a price of ¥13.71 (overvalued). Cautious scenario ¥0.6300, optimistic scenario ¥2.96. The calculation is refreshed regularly with new filings.
What is the revenue of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Ningbo Changhong Polymer Scientific & Technical Inc reported trailing-twelve-month revenue of about 4.0B CNY (latest available figure, as of Sep 24, 2026).
Does Ningbo Changhong Polymer Scientific & Technical Inc pay a dividend?
Ningbo Changhong Polymer Scientific & Technical Inc currently shows a dividend yield of about 1.26% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ningbo Changhong Polymer Scientific & Technical Inc it is ¥1.80 per share (as of Sep 24, 2026), against a price of ¥13.71. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Ningbo Changhong Polymer Scientific & Technical Inc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 605008 trades above its calculated fair value: price ¥13.71, fair value ¥1.80, a gap of about −87% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 605008?
No. The price is what the market pays today (¥13.71); the fair value is what the company's own numbers justify (¥1.80). For Ningbo Changhong Polymer Scientific & Technical Inc the two are ¥11.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ningbo Changhong Polymer Scientific & Technical Inc worth?
The market values Ningbo Changhong Polymer Scientific & Technical Inc at about 8.9B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥13.71; our models calculate a fair value of ¥1.80 per share.
What do the bullish and bearish scenarios say about 605008?
Our models span a range for Ningbo Changhong Polymer Scientific & Technical Inc: cautious scenario ¥0.6300, base ¥1.80, optimistic ¥2.96 per share (as of Sep 24, 2026, price ¥13.71). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Balance-sheet figures for Ningbo Changhong Polymer Scientific & Technical Inc (as of Sep 24, 2026): return on equity −1.1%, debt of 0.71 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 605008 from its 52-week high?
Ningbo Changhong Polymer Scientific & Technical Inc trades at ¥13.71, about 27% below its 52-week high of ¥18.84 and 30% above the low of ¥10.58 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥1.80 is for.
Which stocks are comparable to Ningbo Changhong Polymer Scientific & Technical Inc?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ningbo Changhong Polymer Scientific & Technical Inc stock attractive at the current price?
The data as of Sep 24, 2026: price ¥13.71, calculated fair value ¥1.80 (−87%), Quality Score 36/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 605008 calculated?
We run Ningbo Changhong Polymer Scientific & Technical Inc through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥1.80, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Ningbo Changhong Polymer Scientific & Technical Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The closing price on Sep 30, 2026 was ¥13.71. Our model-based fair value is ¥1.80, about −87% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ningbo Changhong Polymer Scientific & Technical Inc right now?
The price sits above even our optimistic bull case (¥2.96). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (¥0.6300 to ¥2.96). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Ningbo Changhong Polymer Scientific & Technical Inc
How large is the market capitalisation of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The market capitalisation of Ningbo Changhong Polymer Scientific & Technical Inc is 8.9B CNY (≈ $1.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The price-to-sales ratio of Ningbo Changhong Polymer Scientific & Technical Inc is 1.85 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Earnings per share at Ningbo Changhong Polymer Scientific & Technical Inc are ¥−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The dividend yield of Ningbo Changhong Polymer Scientific & Technical Inc is 1.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The net margin of Ningbo Changhong Polymer Scientific & Technical Inc is −0.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The return on equity (ROE) of Ningbo Changhong Polymer Scientific & Technical Inc is −1.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
On an EBIT basis the return on assets of Ningbo Changhong Polymer Scientific & Technical Inc is 3.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
The operating margin of Ningbo Changhong Polymer Scientific & Technical Inc is −0.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Revenue at Ningbo Changhong Polymer Scientific & Technical Inc is growing +11.1% versus a year earlier (3y avg +18.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ningbo Changhong Polymer Scientific & Technical Inc (605008)?
Earnings per share at Ningbo Changhong Polymer Scientific & Technical Inc are growing +35.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ningbo Changhong Polymer Scientific & Technical Inc (605008) generate?
The free cash flow of Ningbo Changhong Polymer Scientific & Technical Inc is −464M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ningbo Changhong Polymer Scientific & Technical Inc (605008) carry?
The net debt of Ningbo Changhong Polymer Scientific & Technical Inc is 1.8B CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Ningbo Changhong Polymer Scientific & Technical Inc in the live analysis
One click puts Ningbo Changhong Polymer Scientific & Technical Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
