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Wuxi Delinhai Environmental Technology Co (688069) Fair Value & Analysis

Industrials · CN · Market cap 5.8B CNY

WD Wuxi Delinhai Environmental Technology Co 688069 · SHG
Price¥38.67
Fair Value¥9.72
Upside-74.9%
Quality62/100
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Weak Growth
Solidly profitable · 16.7% net margin
negative free cash flow
1.35% dividend yield
Mixed vs. peers (5/12)
Narrow moat 32/100
Evidence: High Range ¥7.29 – ¥12.15 Share as image

Fair value as of: Jul 12, 2026

From 17 valuation models · updated 29 days ago

Share price +7.7% over the past month.

A solid business, but screening 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥12.15). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥47.82 ¥8.76 Fair Value ¥9.72 Feb 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

60‑month range ¥8.76 – ¥47.82 · fair‑value band ¥7.29 – ¥12.15 · the ¥38.67 price screens above the ¥9.72 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Wuxi Delinhai Environmental Technology Co (688069) currently trades at ¥38.67, while our model-based Fair Value estimate is ¥9.72, implying the stock looks roughly 74.9% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials 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, Wuxi Delinhai Environmental Technology Co generated revenue of 576M CNY at a net margin of 16.7%. Revenue grew 4.1% year over year. It earns a return on equity of 7.6%. The balance sheet holds a net cash position of 267M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥7.29 (bear case) to ¥12.15 (bull case); at ¥38.67, 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 45% below its 52-week high and 117% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -75%, 688069 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
Residual Income ¥8.54 ¥8.54 ¥7.71 76
Gordon GGM ¥3.40 ¥6.78 ¥10.27 70
Growth-Adj P/E ¥8.18 ¥11.68 ¥15.19 68
All 17 models by family
DCF Models
Owner Earnings ¥9.63 ¥15.21 ¥25.93 31
Earnings-Based
Graham-Dodd ¥3.15 ¥19.92 ¥27.84 54
Lynch FV ¥5.75 ¥8.22 ¥10.69 50
PEG = 1.0 ¥5.75 ¥8.22 ¥10.69 46
EPV ¥8.76 ¥9.43 ¥10.01 59
Dividend Discount
Gordon GGM ¥3.40 ¥6.78 ¥10.27 70
DDM Multi-Stage ¥3.40 ¥5.86 ¥7.16 61
Multiples
P/E Multiple ¥7.29 ¥9.72 ¥12.15 63
P/S Multiple ¥5.90 ¥7.87 ¥9.84 58
P/B Multiple ¥5.90 ¥7.87 ¥9.84 55
EV/EBIT ¥11.14 ¥13.36 ¥15.58 53
EV/EBITDA ¥10.86 ¥12.98 ¥15.11 54
EV/Revenue ¥9.24 ¥11.27 ¥13.31 43
Asset-Based
NCAV (Graham) ¥5.75 ¥7.71 ¥11.50 50
Economic Profit
Residual Income ¥8.54 ¥8.54 ¥7.71 76
ROIC Compounder ¥8.76 ¥9.43 ¥10.01 67
Growth Earnings
Growth-Adj P/E ¥8.18 ¥11.68 ¥15.19 68

Widest divergence: DCF Models (¥15.21) versus Dividend Discount (¥5.86). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 576M CNY
Revenue growth (YoY) +4.1%
Net margin 16.7%
Return on equity 7.6%
Free cash flow −112M CNY FY2025
P/E ratio 58.8
More key figures
Operating margin -17.7%
EPS (TTM) ¥0.8700
Dividend yield 1.4%
EPS growth (YoY) +1,083%
Net cash 267M CNY FY2024

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 59 · Market factors (momentum, volatility) 77

Profitability 25
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 97
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

Wuxi Delinhai Environmental Technology Co.,Ltd engages in the cyanobacteria treatment technology business in China. The company provides management services for small and medium-sized lakes to improve water quality, as well as prevents and control of cyanobacteria blooms.

Full company description

Wuxi Delinhai Environmental Technology Co.,Ltd engages in the cyanobacteria treatment technology business in China. The company provides management services for small and medium-sized lakes to improve water quality, as well as prevents and control of cyanobacteria blooms. It is also involved in the operation and maintenance services of cyanobacteria management technologies and equipment, such as algae-water separation stations. Wuxi Delinhai Environmental Technology Co.,Ltd was founded in 2009 and is based in Wuxi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wuxi Delinhai Environmental Technology Co reported revenue of ¥526M in FY2025 versus ¥491M in FY2021, a compound +1.7%/yr. Reported net income was ¥52.3M in FY2025, compounding −16.7%/yr from FY2021.

Growth Quality 33/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
526M CNY
Latest YoY
+17.3%
Avg. growth/yr (3Y)
+5.4%
Avg. growth/yr (5Y)
+1.4%
Avg. growth/yr (9Y)
+30.5%
Revenue +1.7%/yr
FY21 ¥491M
FY22 ¥449M
FY23 ¥310M
FY24 ¥448M
FY25 ¥526M
Net income −16.7%/yr
FY21 ¥109M
FY22 ¥56.4M
FY23 −¥13.4M
FY24 −¥86.1M
FY25 ¥52.3M

688069 screens 75% overvalued. Compare with Veralto Corporation →

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Cite: Fair Value Calculator (2026). "Wuxi Delinhai Environmental Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688069

Peer Group

Pollution & Treatment Controls · 91 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 62 · Top 25%
Fair Value upside −75% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 1.4% · Below median

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/E (TTM) 58.8× · Pricier than 75% of peers
P/B 4.45× · Pricier than 75% of peers
P/S (TTM) 10.04× · Pricier than 75% of peers
EV/EBITDA 55.2× · 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 21 · sector 14
PAST 31 · sector 10
HEALTH 0 · sector 95
DIVIDEND 27 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $94.21 $69.11 -27%
Zurn Elkay Water Solutions Corporation ZWS $47.63 $24.92 -48%
Canmax Technologies Co 300390 ¥57.02 ¥10.41 -82%
CECO Environmental Corp CECO $83.63 $15.19 -82%
Fujian Longking Co 600388 ¥17.58 ¥15.59 -11%
Munters Group MTRS kr 166.60 kr 16.90 -90%
China Conch Venture Holdings 0586 HK$8.83 HK$14.14 +60%
Mega Union Technology Inc 6944 1,005 TWD 539.58 TWD -46%
MayAir Technology (China) Co 688376 ¥96.57 ¥18.80 -81%
Shanghai Emperor of Cleaning Hi-Tech Co 603200 ¥38.97 ¥5.73 -85%

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Frequently asked questions

Is Wuxi Delinhai Environmental Technology Co (688069) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥9.72 versus a price of ¥38.67, about −75% (overvalued).
What is the fair value of 688069?
Our model-based fair value for Wuxi Delinhai Environmental Technology Co is ¥9.72 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥38.67.
What is the quality score of 688069?
Wuxi Delinhai Environmental Technology Co has a Quality Score of 62/100. 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 Wuxi Delinhai Environmental Technology Co (688069)?
Wuxi Delinhai Environmental Technology Co reported trailing-twelve-month revenue of about 576M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688069?
The net profit margin of Wuxi Delinhai Environmental Technology Co is about 16.7%, meaning it keeps roughly 16.7% of revenue as net income. Based on the latest reported figures.
Does Wuxi Delinhai Environmental Technology Co pay a dividend?
Wuxi Delinhai Environmental Technology Co currently shows a dividend yield of about 1.35% 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.

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