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China Catalyst Holding (688267) Fair Value & Analysis

Basic Materials · CN · Market cap 5.1B CNY

CC China Catalyst Holding 688267 · SHG
Price¥19.20
Fair Value¥20.44
Upside+6.5%
Quality69/100
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Mixed Growth
Highly profitable · 22.3% net margin
Low debt · generates free cash flow
1.76% dividend yield
Ranks above peers (9/14)
Moderate moat 58/100
Evidence: High Range ¥15.33 – ¥25.54 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price +3.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥15.33 (bear) to ¥25.54 (bull), base ¥20.44. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 69/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥47.59 ¥12.57 Fair Value ¥20.44 Feb 2022 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

54‑month range ¥12.57 – ¥47.59 · fair‑value band ¥15.33 – ¥25.54 · the ¥19.20 price screens below the ¥20.44 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

China Catalyst Holding (688267) currently trades at ¥19.20, while our model-based Fair Value estimate is ¥20.44, implying the stock looks roughly 6.5% fairly valued today. The Quality Score stands at 69/100 (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, China Catalyst Holding generated revenue of 880M CNY at a net margin of 22.3%. Revenue grew 17.0% year over year. It earns a return on equity of 7.0%. The balance sheet holds a net cash position of 253M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥15.33 (bear case) to ¥25.54 (bull case); at ¥19.20, 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 46% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 6%, 688267 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥22.00 ¥39.04 ¥71.44 80
Residual Income ¥13.04 ¥13.81 ¥14.87 76
Rev-Margin DCF ¥11.72 ¥19.01 ¥30.01 74
All 26 models by family
DCF Models
FCF DCF ¥23.19 ¥35.76 ¥72.94 38
Owner Earnings ¥19.31 ¥40.69 ¥83.92 31
5Y Revenue Exit ¥11.72 ¥17.32 ¥28.10 39
5Y EBITDA Exit ¥18.10 ¥30.83 ¥54.45 41
5Y P/E Exit ¥18.67 ¥36.10 ¥58.68 38
10Y Revenue Exit ¥14.91 ¥24.25 ¥32.10 36
10Y EBITDA Exit ¥19.56 ¥36.52 ¥67.46 37
10Y P/E Exit ¥19.96 ¥37.63 ¥68.22 35
Earnings-Based
Graham-Dodd ¥8.17 ¥57.01 ¥80.00 54
Lynch FV ¥18.20 ¥26.00 ¥33.80 50
PEG = 1.0 ¥18.20 ¥26.00 ¥33.80 46
EPV ¥12.74 ¥14.48 ¥15.98 59
Dividend Discount
Gordon GGM ¥5.60 ¥11.17 ¥16.91 70
DDM Multi-Stage ¥5.60 ¥9.65 ¥11.79 61
Multiples
P/E Multiple ¥15.33 ¥20.44 ¥25.54 63
P/S Multiple ¥5.46 ¥7.28 ¥9.11 58
P/B Multiple ¥15.33 ¥20.44 ¥25.54 55
EV/EBIT ¥16.25 ¥21.09 ¥25.93 53
EV/EBITDA ¥16.24 ¥21.08 ¥25.92 54
EV/Revenue ¥6.83 ¥9.01 ¥11.20 43
Asset-Based
NCAV (Graham) ¥8.02 ¥10.75 ¥16.04 50
Growth DCF
Growth DCF ¥22.00 ¥39.04 ¥71.44 80
Rev-Margin DCF ¥11.72 ¥19.01 ¥30.01 74
Economic Profit
Residual Income ¥13.04 ¥13.81 ¥14.87 76
ROIC Compounder ¥12.74 ¥14.48 ¥15.98 72
Growth Earnings
Growth-Adj P/E ¥22.39 ¥31.99 ¥41.59 68

Widest divergence: DCF Models (¥35.76) versus Dividend Discount (¥9.65). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 880M CNY
Revenue growth (YoY) +17.0%
Net margin 22.3%
Return on equity 7.0%
Free cash flow 245M CNY FY2025
P/E ratio 25.8
More key figures
Operating margin 17.2%
EPS (TTM) ¥1.13
Dividend yield 1.8%
EPS growth (YoY) -21.7%
Net cash 253M CNY FY2024

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

Quality Score breakdown

Overall quality 69/100

Of which business quality 69 · Market factors (momentum, volatility) 18

Profitability 42
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 58
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

China Catalyst Holding Co., Ltd. engages in the research and development, production, and sale of zeolite catalyst, customized process package solutions, and fine chemicals in China and internationally.

Full company description

China Catalyst Holding Co., Ltd. engages in the research and development, production, and sale of zeolite catalyst, customized process package solutions, and fine chemicals in China and internationally. The company offers special molecular sieves; hydrogen peroxide to propylene oxide catalyst/HPPO, epichlorohydrin catalyst/POCL, high-purity methanol catalyst, hydrogenation of dimethyl oxalate to ethylene glycol (DEG) catalyst, ammoximation catalyst, pyridine catalyst, zeolite adsorbent for medical oxygen production, and isomerization catalyst; and fine chemicals, such as tetrapropylammonium hydroxide, N,N,N-trimethyl-1-ammonium adamantine, tetrapropylammonium hydroxide, and isopentenyl alcohol. Its products are used in environmental protection, energy, and chemical industries. China Catalyst Holding Co., Ltd. was formerly known as Dalian Heterogeneous Catalyst Co., Ltd. and changed its name to China Catalyst Holding Co., Ltd. in November 2015. The company was founded in 2008 and is based in Dalian, China. China Catalyst Holding Co., Ltd. operates as a subsidiary of China Catalyst Group CO.,LTD.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Catalyst Holding reported revenue of ¥856M in FY2025 versus ¥561M in FY2021, a compound +11.1%/yr. Reported net income was ¥212M in FY2025, compounding +12.2%/yr from FY2021.

Growth Quality 87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
856M CNY
Latest YoY
+28.4%
Avg. growth/yr (3Y)
+7.9%
Avg. growth/yr (5Y)
+16.1%
Avg. growth/yr (12Y)
+23.7%
Revenue +11.1%/yr
FY21 ¥561M
FY22 ¥681M
FY23 ¥550M
FY24 ¥667M
FY25 ¥856M
Net income +12.2%/yr
FY21 ¥134M
FY22 ¥152M
FY23 ¥76.9M
FY24 ¥146M
FY25 ¥212M

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Cite: Fair Value Calculator (2026). "China Catalyst Holding Fair Value". https://www.fairvalue-calculator.com/stock/688267

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 69 · Top 25%
Fair Value upside +7% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 17% · Top 25%
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 25.8× · Pricier than median
P/B 1.82× · Pricier than median
P/S (TTM) 5.84× · Pricier than 75% of peers
P/FCF 3.1× · Pricier than median
EV/EBITDA 16.1× · Pricier than median

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 42 · sector 0
FUTURE 85 · sector 19
PAST 28 · sector 23
HEALTH 99 · sector 95
DIVIDEND 35 · sector 25

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%

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Frequently asked questions

Is China Catalyst Holding (688267) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥20.44 versus a price of ¥19.20, about +6% (fairly valued).
What is the fair value of 688267?
Our model-based fair value for China Catalyst Holding is ¥20.44 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥19.20.
What is the quality score of 688267?
China Catalyst Holding has a Quality Score of 69/100. 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 China Catalyst Holding (688267)?
China Catalyst Holding reported trailing-twelve-month revenue of about 880M CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688267?
The net profit margin of China Catalyst Holding is about 22.3%, meaning it keeps roughly 22.3% of revenue as net income. Based on the latest reported figures.
Does China Catalyst Holding pay a dividend?
China Catalyst Holding currently shows a dividend yield of about 1.76% 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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