EN DE

Hangzhou Flariant Co (605566) Fair Value & Analysis

Basic Materials · CN · Market cap 6.1B CNY

HF Hangzhou Flariant Co 605566 · SHG
Price¥25.81
Fair Value¥9.37
Upside-63.7%
Quality64/100
Watch Hangzhou Flariant Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 6.6% net margin
Low debt · generates free cash flow
0.21% dividend yield
Trails peers (5/14)
Narrow moat 36/100
Evidence: High Range ¥7.03 – ¥11.72 Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from ¥12.18 to ¥9.37 (−23.0%) since Jun 24, 2026. Share price −12.8% over the past month.

A solid business, but screening 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥11.72). The favourable scenario is already priced in.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥52.40 ¥13.08 Fair Value ¥9.37 Oct 2021 Aug 2026

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

57‑month range ¥13.08 – ¥52.40 · fair‑value band ¥7.03 – ¥11.72 · the ¥25.81 price screens above the ¥9.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Hangzhou Flariant Co (605566) currently trades at ¥25.81, while our model-based Fair Value estimate is ¥9.37, implying the stock looks roughly 63.7% overvalued today. The Quality Score stands at 64/100 (solid 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, Hangzhou Flariant Co generated revenue of 857M CNY at a net margin of 6.6%. Revenue grew 45.3% year over year. It earns a return on equity of 2.3%. The balance sheet holds a net cash position of 1.0B CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥7.03 (bear case) to ¥11.72 (bull case); at ¥25.81, the current price sits above 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 47% below its 52-week high and 32% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at -64%, 605566 screens richer 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥15.81 ¥17.92 ¥21.41 80
Residual Income ¥10.48 ¥9.93 ¥7.78 76
Rev-Margin DCF ¥13.71 ¥15.29 ¥17.28 74
All 24 models by family
DCF Models
FCF DCF ¥15.56 ¥17.75 ¥21.67 38
Owner Earnings ¥14.92 ¥16.88 ¥20.39 31
5Y Revenue Exit ¥13.71 ¥15.15 ¥17.23 39
5Y EBITDA Exit ¥14.50 ¥16.51 ¥19.18 41
5Y P/E Exit ¥14.17 ¥15.95 ¥18.08 38
10Y Revenue Exit ¥14.34 ¥15.46 ¥16.62 36
10Y EBITDA Exit ¥14.88 ¥16.28 ¥17.73 37
10Y P/E Exit ¥14.69 ¥15.94 ¥17.10 35
Earnings-Based
Graham-Dodd ¥2.29 ¥2.80 ¥3.15 54
EPV ¥11.96 ¥12.33 ¥12.66 59
Dividend Discount
Gordon GGM ¥0.8900 ¥0.9700 ¥1.09 70
DDM Multi-Stage ¥0.8900 ¥1.10 ¥1.39 61
Multiples
P/E Multiple ¥4.29 ¥5.72 ¥7.15 63
P/S Multiple ¥4.29 ¥5.72 ¥7.15 58
P/B Multiple ¥4.29 ¥5.72 ¥7.15 55
EV/EBIT ¥13.23 ¥14.45 ¥15.67 53
EV/EBITDA ¥14.50 ¥16.14 ¥17.78 54
EV/Revenue ¥12.75 ¥14.10 ¥15.46 43
Asset-Based
NCAV (Graham) ¥7.51 ¥10.07 ¥15.03 50
Growth DCF
Growth DCF ¥15.81 ¥17.92 ¥21.41 80
Rev-Margin DCF ¥13.71 ¥15.29 ¥17.28 74
Economic Profit
Residual Income ¥10.48 ¥9.93 ¥7.78 76
ROIC Compounder ¥11.96 ¥12.33 ¥12.66 72
Growth Earnings
Growth-Adj P/E ¥3.06 ¥4.37 ¥5.68 68

Widest divergence: DCF Models (¥15.95) versus Dividend Discount (¥0.9700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 857M CNY
Revenue growth (YoY) +45.3%
Net margin 6.6%
Return on equity 2.3%
Free cash flow 86.1M CNY FY2025
P/E ratio 106.0
More key figures
Operating margin 9.1%
EPS (TTM) ¥0.4300
Dividend yield 0.2%
EPS growth (YoY) +90.0%
Net cash 1.0B CNY FY2024

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 64 · Market factors (momentum, volatility) 47

Profitability 21
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 66
Buybacks instead of dilution

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

Hangzhou Flariant Co.,Ltd engages in the research and development, production, and sale of disperse dyes and filter cakes for dyeing of polyester and printing of textiles in China. The company was founded in 1998 and is based in Hangzhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hangzhou Flariant Co reported revenue of ¥775M in FY2025 versus ¥1.2B in FY2021, a compound −10.0%/yr. Reported net income was ¥44.9M in FY2025, compounding −28.9%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
775M CNY
Avg. growth/yr (3Y)
−6.5%
Avg. growth/yr (5Y)
−2.6%
Avg. growth/yr (7Y)
+9.4%
Revenue −10.0%/yr
FY21 ¥1.2B
FY22 ¥1.0B
FY23 ¥916M
FY24 ¥965M
FY25 ¥775M
Net income −28.9%/yr
FY21 ¥175M
FY22 ¥43.8M
FY23 ¥28.8M
FY24 ¥22.0M
FY25 ¥44.9M

605566 screens 64% overvalued. Compare with Linde plc →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Hangzhou Flariant Co Fair Value". https://www.fairvalue-calculator.com/stock/605566

Peer Group

Specialty Chemicals · 676 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.

Quality Score 64 · Top 25%
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 45% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 106.0× · Pricier than 75% of peers
P/B 3.03× · Pricier than median
P/S (TTM) 7.09× · Pricier than 75% of peers
P/FCF 10.5× · Pricier than 75% of peers
EV/EBITDA 56.4× · Pricier than 75% of peers

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 · sector 0
FUTURE 100 · sector 19
PAST 9 · sector 23
HEALTH 100 · sector 95
DIVIDEND 4 · sector 25

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.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

Compare Hangzhou Flariant Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Hangzhou Flariant Co (605566) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥9.37 versus a price of ¥25.81, about −64% (overvalued).
What is the fair value of 605566?
Our model-based fair value for Hangzhou Flariant Co is ¥9.37 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥25.81.
What is the quality score of 605566?
Hangzhou Flariant Co has a Quality Score of 64/100. 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 revenue of Hangzhou Flariant Co (605566)?
Hangzhou Flariant Co reported trailing-twelve-month revenue of about 857M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 605566?
The net profit margin of Hangzhou Flariant Co is about 6.6%, meaning it keeps roughly 6.6% of revenue as net income. Based on the latest reported figures.
Does Hangzhou Flariant Co pay a dividend?
Hangzhou Flariant Co currently shows a dividend yield of about 0.21% relative to its recent price (as of Jul 12, 2026).

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.

14 days Pro free · no card

Track Hangzhou Flariant 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.