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GCH Technology Co (688625) Fair Value & Analysis

Basic Materials · CN · Market cap 20.7B CNY

GT GCH Technology Co 688625 · SHG
Price¥60.08
Fair Value¥17.16
Upside-71.4%
Quality68/100
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Healthy Growth
Highly profitable · 29.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/14)
Wide moat 78/100
Evidence: High Range ¥12.68 – ¥25.29 Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price −17.6% over the past month.

A solid business, but screening 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥25.29). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥12.68 to ¥25.29) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥114.22 ¥19.23 Fair Value ¥17.16 Jun 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 ¥19.23 – ¥114.22 · fair‑value band ¥12.68 – ¥25.29 · the ¥60.08 price screens above the ¥17.16 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

GCH Technology Co (688625) currently trades at ¥60.08, while our model-based Fair Value estimate is ¥17.16, implying the stock looks roughly 71.4% overvalued today. The Quality Score stands at 68/100 (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, GCH Technology Co generated revenue of 1.0B CNY at a net margin of 29.2%. Revenue grew 13.2% year over year. It earns a return on equity of 19.8%. Net debt stands at 194M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥12.68 (bear case) to ¥25.29 (bull case); at ¥60.08, 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 48% below its 52-week high and 106% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at -71%, 688625 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 ¥14.42 ¥26.83 ¥49.67 80
Residual Income ¥6.98 ¥8.90 ¥27.93 76
Rev-Margin DCF ¥8.91 ¥13.59 ¥20.34 74
All 26 models by family
DCF Models
FCF DCF ¥14.89 ¥24.37 ¥49.89 38
Owner Earnings ¥16.87 ¥33.84 ¥68.13 31
5Y Revenue Exit ¥8.91 ¥13.36 ¥20.35 39
5Y EBITDA Exit ¥13.32 ¥23.16 ¥38.13 41
5Y P/E Exit ¥15.41 ¥28.65 ¥45.29 38
10Y Revenue Exit ¥10.53 ¥16.14 ¥23.59 36
10Y EBITDA Exit ¥13.75 ¥24.09 ¥42.01 37
10Y P/E Exit ¥15.20 ¥27.84 ¥48.70 35
Earnings-Based
Graham-Dodd ¥7.29 ¥47.33 ¥66.21 54
Lynch FV ¥13.75 ¥19.64 ¥25.54 50
PEG = 1.0 ¥13.75 ¥19.64 ¥25.54 46
EPV ¥12.81 ¥14.55 ¥16.07 59
Dividend Discount
Gordon GGM ¥4.80 ¥9.99 ¥15.85 70
DDM Multi-Stage ¥4.80 ¥8.42 ¥10.48 61
Multiples
P/E Multiple ¥13.68 ¥18.24 ¥22.80 63
P/S Multiple ¥4.23 ¥5.64 ¥7.05 58
P/B Multiple ¥12.90 ¥17.20 ¥21.50 55
EV/EBIT ¥15.81 ¥20.28 ¥24.75 53
EV/EBITDA ¥13.04 ¥16.59 ¥20.14 54
EV/Revenue ¥6.34 ¥8.03 ¥9.72 43
Asset-Based
NCAV (Graham) ¥2.87 ¥3.84 ¥5.73 50
Growth DCF
Growth DCF ¥14.42 ¥26.83 ¥49.67 80
Rev-Margin DCF ¥8.91 ¥13.59 ¥20.34 74
Economic Profit
Residual Income ¥6.98 ¥8.90 ¥27.93 76
ROIC Compounder ¥14.90 ¥19.81 ¥26.37 72
Growth Earnings
Growth-Adj P/E ¥17.70 ¥25.29 ¥32.87 68

Widest divergence: Growth Earnings (¥25.29) versus Asset-Based (¥3.84). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.0B CNY
Revenue growth (YoY) +13.2%
Net margin 29.2%
Return on equity 19.8%
Free cash flow 218M CNY FY2025
P/E ratio 76.7
More key figures
Operating margin 34.1%
EPS (TTM) ¥1.03
EPS growth (YoY) +29.4%
Net debt 194M CNY FY2025

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

Quality Score breakdown

Overall quality 68/100

Of which business quality 66 · Market factors (momentum, volatility) 51

Profitability 53
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 23
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 86
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

GCH Technology Co., Ltd. researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally.

Full company description

GCH Technology Co., Ltd. researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally. The company's product portfolio includes clarifier for polyolefine, high-performance nucleators, ß-type nucleators, and PA nucleators; acid scavenger for PVC and polyolefine; non-dust one-pack, a granular type of additive mixture; preblend additives; masterbatch additives for resins; primary and secondary antioxidant; light stabilizers and UV absorbers; and anti-block agents. It serves food and beverage packaging, household appliance, auto parts, toys, wire and cable, medical supplies, and artificial leather industries, as well as profiles, tube, and pipe industries. GCH Technology Co., Ltd. was founded in 2002 and is headquartered in Guangzhou, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GCH Technology Co reported revenue of ¥988M in FY2025 versus ¥576M in FY2021, a compound +14.4%/yr. Reported net income was ¥282M in FY2025, compounding +15.7%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
988M CNY
Latest YoY
+12.0%
Avg. growth/yr (3Y)
+12.4%
Avg. growth/yr (5Y)
+16.5%
Avg. growth/yr (11Y)
+15.4%
Revenue +14.4%/yr
FY21 ¥576M
FY22 ¥695M
FY23 ¥800M
FY24 ¥882M
FY25 ¥988M
Net income +15.7%/yr
FY21 ¥157M
FY22 ¥195M
FY23 ¥226M
FY24 ¥250M
FY25 ¥282M

688625 screens 71% overvalued. Compare with Linde plc →

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Cite: Fair Value Calculator (2026). "GCH Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/688625

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 68 · Top 25%
Fair Value upside −71% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 34% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 76.7× · Pricier than 75% of peers
P/B 13.78× · Pricier than 75% of peers
P/S (TTM) 20.58× · Pricier than 75% of peers
P/FCF 14.1× · Pricier than 75% of peers
EV/EBITDA 58.2× · 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 66 · sector 19
PAST 79 · sector 23
HEALTH 99 · sector 95
DIVIDEND 0 · 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%

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Frequently asked questions

Is GCH Technology Co (688625) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥17.16 versus a price of ¥60.08, about −71% (overvalued).
What is the fair value of 688625?
Our model-based fair value for GCH Technology Co is ¥17.16 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥60.08.
What is the quality score of 688625?
GCH Technology Co has a Quality Score of 68/100. 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 GCH Technology Co (688625)?
GCH Technology Co reported trailing-twelve-month revenue of about 1.0B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 688625?
The net profit margin of GCH Technology Co is about 29.2%, meaning it keeps roughly 29.2% of revenue as net income. Based on the latest reported figures.

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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