Jilin OLED Material Tech Co Ltd (688378) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of Jilin OLED Material Tech Co Ltd stock ¥4.17, price ¥38.84, upside -89.3%, quality 59 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?No
Good quality?Yes
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
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 Oct 25, 2026.
How to read this chart
60‑month range ¥10.91 – ¥62.00 · fair‑value band ¥3.92 – ¥4.20 · the ¥38.84 price screens above the ¥4.17 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 25, 2026.
Follow Jilin OLED Material Tech Co in your weekly email
Every Wednesday you see whether Jilin OLED Material Tech Co 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.
Jilin OLED Material Tech Co., Ltd., together with its subsidiaries, engages in the research and development, production, sale, and service of materials and equipment in the organic light-emitting diode (OLED) industry in China and internationally.
Show moreShow less
It operates through OLED Key Functional Materials Business, and Steam Source Equipment Business segments. The company offers electronic functional materials; luminescent functional materials; OLED intermediate; and other functional materials.
It also provides equipment, such as evaporation source equipment; microOLED evaporation machine; and Perovskite evaporation machine, as well as optoelectronic and special electronic materials. Jilin OLED Material Tech Co., Ltd. was founded in 2005 and is headquartered in Changchun, China.
Stock analysis
Jilin OLED Material Tech Co Ltd (688378) currently trades at ¥38.84, while our model-based Fair Value estimate is ¥4.17, 89.3% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥10.00 per share, and 0 of the 17 models we run sit above the ¥38.84 price.
Bear case: the DCF Models group reads lowest at ¥0.7700, and 17 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥3.92 (bear) to ¥4.20 (bull), the price of ¥38.84 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 59/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Jilin OLED Material Tech Co Ltd reported revenue of 577M CNY in FY2025 versus 406M CNY in FY2021, a compound +9.2%/yr. Reported net income was 80.4M CNY in FY2025, compounding −12.3%/yr from FY2021.
Key figures
Market cap 10.2B CNY (≈ $1.5B) Small · P/E ratio 44.6 · P/S ratio 13.4 · EPS (TTM) ¥0.8700 · Dividend yield 0.5% · Net margin 29.2% · Return on equity 11.8% · Return on assets (EBIT) 4.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 69% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −55% fair-value upside, at −89%, 688378 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.7700 to ¥16.74). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear¥3.92Fair Value ¥4.17Bull¥4.20
Price ¥38.84 · Upside -89.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.5470 per share) are deliberately not added.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.Coverage ⓘCoverage = 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.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.3%
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.
+7.9%
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.
+15.3%
Start year 2020 (pandemic). Over 10 years: +38.5% a year
Revenue growth 11 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.
+36.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−10.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.7%
Dividend (yield on the price)0.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−10.7% vs 26.1%, slowing
Profit margin 2020 to 2025 ⓘ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.27% → 11%
Compare Jilin OLED Material Tech Co Ltd 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 · 709 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−89.3% · Bottom 25%
Profitability
Return on equity (12 months)11.8% · Above median
Return on assets3.6% · Above median
Net margin (12 months)29.2% · Top 25%
Operating margin (12 months)20.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)76.8% · Top 25%
Dividend yield (12 months)0.5% · Bottom 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)44.6× · Priciest 25%
P/B5.95× · Priciest 25%
P/S (12 months)13.41× · Priciest 25%
EV/EBITDA51.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 1
FUTURE (revenue growth)100· sector 61
PAST (return on equity)47· sector 26
HEALTH (low debt)97· sector 95
DIVIDEND (yield)10· sector 30
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.
Cite: Fair Value Calculator (2026). "Jilin OLED Material Tech Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/688378
Frequently asked questions
Is Jilin OLED Material Tech Co Ltd (688378) overvalued or undervalued?
As of Oct 25, 2026, our model estimates a fair value of ¥4.17 versus a price of ¥38.84, about −89% upside (overvalued).
What is the fair value of 688378?
Our model-based fair value for Jilin OLED Material Tech Co Ltd is ¥4.17 (as of Oct 25, 2026), built from audited fundamentals. The current price: ¥38.84.
What is the quality score of 688378?
Jilin OLED Material Tech Co Ltd has a Quality Score of 59/100. 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 Jilin OLED Material Tech Co Ltd (688378)?
Our model-based price target is the fair value of ¥4.17 (as of Oct 25, 2026) from 17 valuation models. Cautious scenario ¥3.92, optimistic scenario ¥4.20. It is a calculation from audited fundamentals, not an analyst target.
What is the Jilin OLED Material Tech Co Ltd stock forecast for 2026?
Our models put fair value at ¥4.17, about −89% upside versus a price of ¥38.84 (overvalued). Cautious scenario ¥3.92, optimistic scenario ¥4.20. The calculation is refreshed regularly with new filings.
What is the revenue of Jilin OLED Material Tech Co Ltd (688378)?
Jilin OLED Material Tech Co Ltd reported trailing-twelve-month revenue of about 757M CNY (latest available figure, as of Oct 25, 2026).
Does Jilin OLED Material Tech Co Ltd pay a dividend?
Jilin OLED Material Tech Co Ltd currently shows a dividend yield of 0.51% relative to its recent price (as of Oct 25, 2026).
What is the intrinsic value of Jilin OLED Material Tech Co Ltd (688378)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Jilin OLED Material Tech Co Ltd it is ¥4.17 per share (as of Oct 25, 2026), against a price of ¥38.84. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Jilin OLED Material Tech Co Ltd stock overvalued or undervalued in 2026?
As of Oct 25, 2026, 688378 trades above its calculated fair value: price ¥38.84, fair value ¥4.17, a gap of about −89% (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 688378?
No. The price is what the market pays today (¥38.84); the fair value is what the company's own numbers justify (¥4.17). For Jilin OLED Material Tech Co Ltd the two are ¥34.67 per share apart. That gap is exactly why we show both numbers side by side.
How much is Jilin OLED Material Tech Co Ltd worth?
The market values Jilin OLED Material Tech Co Ltd at about 10.2B CNY (market capitalisation, as of Oct 25, 2026). Per share that is ¥38.84; our models calculate a fair value of ¥4.17 per share.
What do the bullish and bearish scenarios say about 688378?
Our models span a range for Jilin OLED Material Tech Co Ltd: cautious scenario ¥3.92, base ¥4.17, optimistic ¥4.20 per share (as of Oct 25, 2026, price ¥38.84). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688378?
Jilin OLED Material Tech Co Ltd trades at a price-to-earnings ratio of 44.6 (as of Oct 25, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥4.17 is built from several models across several years. Other multiples: P/B 6.0, P/S 13.4, EV/EBITDA 51.5.
How solid is the balance sheet of Jilin OLED Material Tech Co Ltd (688378)?
Balance-sheet figures for Jilin OLED Material Tech Co Ltd (as of Oct 25, 2026): return on equity 11.8%, debt of 0.05 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is 688378 from its 52-week high?
Jilin OLED Material Tech Co Ltd trades at ¥38.84, about 37% below its 52-week high of ¥62.00 and 69% above the low of ¥23.01 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of ¥4.17 is for.
Which stocks are comparable to Jilin OLED Material Tech Co Ltd?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Nan Ya Plastics Corporation, 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 Jilin OLED Material Tech Co Ltd stock attractive at the current price?
The data as of Oct 25, 2026: price ¥38.84, calculated fair value ¥4.17 (−89%), Quality Score 59/100, from 17 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 688378 calculated?
We run Jilin OLED Material Tech Co Ltd through 17 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 ¥4.17, 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 12.3 % above its aggregate fair value. Jilin OLED Material Tech Co Ltd 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 Jilin OLED Material Tech Co Ltd (688378)?
The closing price on Oct 23, 2026 was ¥38.84. Our model-based fair value is ¥4.17, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Jilin OLED Material Tech Co Ltd right now?
The price sits above even our optimistic bull case (¥4.20). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (¥3.92 to ¥4.20), unusually little disagreement for a valuation.
Key figures of Jilin OLED Material Tech Co Ltd
How large is the market capitalisation of Jilin OLED Material Tech Co Ltd (688378)?
The market capitalisation of Jilin OLED Material Tech Co Ltd is 10.2B CNY (≈ $1.5B). 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 Jilin OLED Material Tech Co Ltd (688378)?
The price-to-sales ratio of Jilin OLED Material Tech Co Ltd is 13.4 (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 Jilin OLED Material Tech Co Ltd (688378)?
Earnings per share at Jilin OLED Material Tech Co Ltd are ¥0.8700 (price ÷ EPS = P/E 44.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Jilin OLED Material Tech Co Ltd (688378)?
The dividend yield of Jilin OLED Material Tech Co Ltd is 0.5% (payout 23.0%). 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 Jilin OLED Material Tech Co Ltd (688378)?
The net margin of Jilin OLED Material Tech Co Ltd is 29.2% (last twelve months). 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 Jilin OLED Material Tech Co Ltd (688378)?
The return on equity (ROE) of Jilin OLED Material Tech Co Ltd is 11.8% (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 Jilin OLED Material Tech Co Ltd (688378)?
On an EBIT basis the return on assets of Jilin OLED Material Tech Co Ltd is 4.9% (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 Jilin OLED Material Tech Co Ltd (688378)?
The operating margin of Jilin OLED Material Tech Co Ltd is 20.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Jilin OLED Material Tech Co Ltd (688378)?
Revenue at Jilin OLED Material Tech Co Ltd is growing +76.8% versus a year earlier (3y avg +7.9%). 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 Jilin OLED Material Tech Co Ltd (688378)?
Earnings per share at Jilin OLED Material Tech Co Ltd are growing +65.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Jilin OLED Material Tech Co Ltd (688378) generate?
The free cash flow of Jilin OLED Material Tech Co Ltd is −7.3M 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 cash does Jilin OLED Material Tech Co Ltd (688378) hold?
Jilin OLED Material Tech Co Ltd holds more cash than debt, 230M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Jilin OLED Material Tech Co Ltd in the live analysis
One click puts Jilin OLED Material Tech Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 25, 2026