Beijing Tongyizhong New Material Technology Corp (688722) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Beijing Tongyizhong New Material Technology Corp stock ¥10.05, price ¥14.11, that is 28.8% below the price, quality 61 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 8, 2026.
How to read this chart
60‑month range ¥9.52 – ¥24.76 · fair‑value band ¥4.69 – ¥13.45 · the ¥14.11 price screens above the ¥10.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Beijing Tongyizhong New Material Technology Corporation engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally.
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The company offers ultra-high molecular weight polyethylene fibers for ropes/nets, gloves, ballistics, cut-resistant, fishing lines, and pre-dyed; and soft and hard ballistic, cut and stab resistant, and ballistic and stab-resistant fabrics.
It also provides protective products, such as ballistic helmets, plates, and shields; body and vehicle armors; explosion proof blankets; and cut-resistance bags, cut-resistant clothes, cool-feeling fabrics, high-performance ropes, and fishery products.
The company was founded in 1999 and is based in Beijing, China.
Stock analysis
Beijing Tongyizhong New Material Technology Corp (688722) currently trades at ¥14.11, while our model-based Fair Value estimate is ¥10.05, 29% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥12.41 per share, and 4 of the 26 models we run sit above the ¥14.11 price.
Bear case: the Dividend Discount group reads lowest at ¥1.38, and 22 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥4.69 (bear) to ¥13.45 (bull), the price of ¥14.11 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 61/100 (solid quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Beijing Tongyizhong New Material Technology Corp reported revenue of 977M CNY in FY2025 versus 331M CNY in FY2021, a compound +31.1%/yr. Reported net income was 110M CNY in FY2025, compounding +20.2%/yr from FY2021.
Key figures
Market cap 3.2B CNY (≈ $474M) Small · P/E ratio 28.2 · P/S ratio 3.12 · EPS (TTM) ¥0.5000 · Dividend yield 0.7% · Net margin 10.9% · Return on equity 7.2% · Return on assets (EBIT) 9.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −9% fair-value upside, at −29%, 688722 screens richer than that median.
Fair Value models
Bear¥4.69Fair Value ¥10.05Bull¥13.45
Price ¥14.11 · Downside -28.8%
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 (¥0.3419 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+50.4%
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.
+16.6%
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.
+28.1%
Start year 2020 (pandemic)
Revenue growth 8 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.
+17.0%
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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.
+8.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.6%
Dividend (yield on the price)0.7%
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.23% → 13%
⚠ Revenue per share shrinking 3.7%/yr over ~6Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+54.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +51.8% a year for the price.
Compare Beijing Tongyizhong New Material Technology Corp with another stock
Price, fair value, quality and upside side by side.
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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.Textile Manufacturing · 337 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score61 · Top 25%
Fair Value upside−28.8% · Below median
Profitability
Return on equity (12 months)7.2% · Above median
Return on assets5.3% · Top 25%
Net margin (12 months)10.9% · Top 25%
Operating margin (12 months)21.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)0.3% · Below median
Dividend yield (12 months)0.7% · Below median
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Beijing Tongyizhong New Material Technology Corp Fair Value". https://www.fairvalue-calculator.com/stock/688722
Frequently asked questions
Is Beijing Tongyizhong New Material Technology Corp (688722) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ¥10.05 versus a price of ¥14.11, about 29% lower (overvalued).
What is the fair value of 688722?
Our model-based fair value for Beijing Tongyizhong New Material Technology Corp is ¥10.05 (as of Nov 8, 2026), built from audited fundamentals. The current price: ¥14.11.
What is the quality score of 688722?
Beijing Tongyizhong New Material Technology Corp has a Quality Score of 61/100. 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 Beijing Tongyizhong New Material Technology Corp (688722)?
Our model-based price target is the fair value of ¥10.05 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario ¥4.69, optimistic scenario ¥13.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Beijing Tongyizhong New Material Technology Corp stock forecast for 2026?
Our models put fair value at ¥10.05, about 29% lower versus a price of ¥14.11 (overvalued). Cautious scenario ¥4.69, optimistic scenario ¥13.45. The calculation is refreshed regularly with new filings.
What is the revenue of Beijing Tongyizhong New Material Technology Corp (688722)?
Beijing Tongyizhong New Material Technology Corp reported trailing-twelve-month revenue of about 1.0B CNY (latest available figure, as of Nov 8, 2026).
Does Beijing Tongyizhong New Material Technology Corp pay a dividend?
Beijing Tongyizhong New Material Technology Corp currently shows a dividend yield of 0.71% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Beijing Tongyizhong New Material Technology Corp (688722) and when is the ex-dividend date?
Beijing Tongyizhong New Material Technology Corp pays a dividend of ¥0.1 per share a year, a dividend yield of 0.7%. The last ex-dividend date was Jun 24, 2026. The payout ratio is 20.0% of earnings. Free cash flow covers the dividend 0.76 times. Our assessment: Token dividend. At a yield of 0.7% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.7% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What growth is priced into Beijing Tongyizhong New Material Technology Corp (688722)?
For today's price to be fair in a discounted-cash-flow model, Beijing Tongyizhong New Material Technology Corp would have to grow free cash flow by +54.4 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +28.1 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 688722 use?
Our models discount Beijing Tongyizhong New Material Technology Corp at 10.4 %: a base by market capitalisation (small), damped by beta 0.37, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Beijing Tongyizhong New Material Technology Corp that is +54.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Beijing Tongyizhong New Material Technology Corp (688722) delivered so far?
Over the past 5 years revenue at Beijing Tongyizhong New Material Technology Corp grew +28.1 % a year. The price currently implies free-cash-flow growth of +54.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Beijing Tongyizhong New Material Technology Corp (688722) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Beijing Tongyizhong New Material Technology Corp (+54.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Beijing Tongyizhong New Material Technology Corp (688722)?
The free-cash-flow yield on the price is 0.54 %: that much free cash flow Beijing Tongyizhong New Material Technology Corp produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Beijing Tongyizhong New Material Technology Corp (688722)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Beijing Tongyizhong New Material Technology Corp it is ¥10.05 per share (as of Nov 8, 2026), against a price of ¥14.11. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Beijing Tongyizhong New Material Technology Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 688722 trades above its calculated fair value: price ¥14.11, fair value ¥10.05, a gap of about −29% (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 688722?
No. The price is what the market pays today (¥14.11); the fair value is what the company's own numbers justify (¥10.05). For Beijing Tongyizhong New Material Technology Corp the two are ¥4.06 per share apart. That gap is exactly why we show both numbers side by side.
How much is Beijing Tongyizhong New Material Technology Corp worth?
The market values Beijing Tongyizhong New Material Technology Corp at about 3.2B CNY (market capitalisation, as of Nov 8, 2026). Per share that is ¥14.11; our models calculate a fair value of ¥10.05 per share.
What do the bullish and bearish scenarios say about 688722?
Our models span a range for Beijing Tongyizhong New Material Technology Corp: cautious scenario ¥4.69, base ¥10.05, optimistic ¥13.45 per share (as of Nov 8, 2026, price ¥14.11). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688722?
Beijing Tongyizhong New Material Technology Corp trades at a price-to-earnings ratio of 28.2 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥10.05 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 23.8. Other multiples: P/B 2.2, P/S 3.1, EV/EBITDA 10.8.
How solid is the balance sheet of Beijing Tongyizhong New Material Technology Corp (688722)?
Balance-sheet figures for Beijing Tongyizhong New Material Technology Corp (as of Nov 8, 2026): return on equity 7.2%, debt of 0.10 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is 688722 from its 52-week high?
Beijing Tongyizhong New Material Technology Corp trades at ¥14.11, about 35% below its 52-week high of ¥21.62 and 9% above the low of ¥13.00 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥10.05 is for.
Which stocks are comparable to Beijing Tongyizhong New Material Technology Corp?
From the same area (Consumer Cyclical) we also value Tongkun Group, Shenzhou International Group, Inner Mongolia ERDOS Resources Co, Far Eastern New Century 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 Beijing Tongyizhong New Material Technology Corp stock attractive at the current price?
The data as of Nov 8, 2026: price ¥14.11, calculated fair value ¥10.05 (−29%), Quality Score 61/100, from 26 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 688722 calculated?
We run Beijing Tongyizhong New Material Technology Corp through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥10.05 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Beijing Tongyizhong New Material Technology Corp 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 Beijing Tongyizhong New Material Technology Corp (688722)?
The closing price on Nov 6, 2026 was ¥14.11. Our model-based fair value is ¥10.05, about 29% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Beijing Tongyizhong New Material Technology Corp right now?
The price sits above even our optimistic bull case (¥13.45). The favourable scenario is already priced in. The model range is unusually wide (¥4.69 to ¥13.45). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Beijing Tongyizhong New Material Technology Corp
How large is the market capitalisation of Beijing Tongyizhong New Material Technology Corp (688722)?
The market capitalisation of Beijing Tongyizhong New Material Technology Corp is 3.2B CNY (≈ $474M). 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 Beijing Tongyizhong New Material Technology Corp (688722)?
The price-to-sales ratio of Beijing Tongyizhong New Material Technology Corp is 3.12 (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 Beijing Tongyizhong New Material Technology Corp (688722)?
Earnings per share at Beijing Tongyizhong New Material Technology Corp are ¥0.5000 (price ÷ EPS = P/E 28.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Beijing Tongyizhong New Material Technology Corp (688722)?
The dividend yield of Beijing Tongyizhong New Material Technology Corp is 0.7% (payout 20.0%). 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 Beijing Tongyizhong New Material Technology Corp (688722)?
The net margin of Beijing Tongyizhong New Material Technology Corp is 10.9% (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 Beijing Tongyizhong New Material Technology Corp (688722)?
The return on equity (ROE) of Beijing Tongyizhong New Material Technology Corp is 7.2% (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 Beijing Tongyizhong New Material Technology Corp (688722)?
On an EBIT basis the return on assets of Beijing Tongyizhong New Material Technology Corp is 9.3% (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 Beijing Tongyizhong New Material Technology Corp (688722)?
The operating margin of Beijing Tongyizhong New Material Technology Corp is 21.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Beijing Tongyizhong New Material Technology Corp (688722)?
Revenue at Beijing Tongyizhong New Material Technology Corp is growing +0.3% versus a year earlier (3y avg +16.6%). 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 Beijing Tongyizhong New Material Technology Corp (688722)?
Earnings per share at Beijing Tongyizhong New Material Technology Corp are growing −2.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Beijing Tongyizhong New Material Technology Corp (688722) hold?
Beijing Tongyizhong New Material Technology Corp holds more cash than debt, 483M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 8, 2026