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China Crystal New Material Holdings (900250) Fair Value & Analysis

Basic Materials · KR · Market cap 38.0B KRW

CC China Crystal New Material Holdings 900250 · KQ
Price1,389 KRW
Fair Value1,710 KRW
Upside+23.1%
Quality49/100
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Mixed Growth
Loss-making · -6.8% net margin
Low debt · generates free cash flow
Trails peers (3/9)
Narrow moat 24/100
Evidence: High Range 1,564 KRW – 1,857 KRW Share as image

Fair value as of: Jul 22, 2026

From 16 valuation models · updated 18 days ago

Fair value updated Jul 22, 2026, revised from 3,058 KRW to 1,710 KRW (−44.1%) since Jun 25, 2026. Share price +29.8% over the past month.

Below-average quality, screening 23% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1,564 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

17,940 KRW 908.00 KRW Fair Value 1,710 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 908.00 KRW – 17,940 KRW · fair‑value band 1,564 KRW – 1,857 KRW · the 1,389 KRW price screens below the 1,710 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

China Crystal New Material Holdings (900250) currently trades at 1,389 KRW, while our model-based Fair Value estimate is 1,710 KRW, implying the stock looks roughly 23.1% undervalued today. The Quality Score stands at 49/100 (below-average 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 Crystal New Material Holdings generated revenue of 59.0B KRW at a net margin of -6.8%. Revenue declined 48.4% year over year. It earns a return on equity of 1.5%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,564 KRW (bear case) to 1,857 KRW (bull case); at 1,389 KRW, the current price sits below 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 near its 52-week high and 187% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 23%, 900250 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 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. Evidence
Highest evidence
Growth DCF 17,630 KRW 27,071 KRW 42,542 KRW 80
Rev-Margin DCF 12,890 KRW 15,657 KRW 21,529 KRW 74
ROIC Compounder 9,592 KRW 9,850 KRW 10,076 KRW 72
All 16 models by family
DCF Models
FCF DCF 18,236 KRW 24,082 KRW 42,695 KRW 38
Owner Earnings 14,847 KRW 23,525 KRW 41,743 KRW 31
5Y Revenue Exit 12,491 KRW 14,683 KRW 19,181 KRW 39
5Y EBITDA Exit 15,469 KRW 20,703 KRW 30,950 KRW 41
10Y Revenue Exit 14,143 KRW 18,977 KRW 21,280 KRW 36
10Y EBITDA Exit 16,408 KRW 25,388 KRW 40,630 KRW 37
Earnings-Based
EPV 9,592 KRW 9,850 KRW 10,076 KRW 59
Dividend Discount
Gordon GGM 250.36 KRW 520.55 KRW 825.79 KRW 70
DDM Multi-Stage 250.36 KRW 438.94 KRW 546.33 KRW 61
Multiples
EV/EBIT 11,186 KRW 12,233 KRW 13,280 KRW 53
EV/EBITDA 14,181 KRW 16,226 KRW 18,272 KRW 54
EV/Revenue 10,092 KRW 10,970 KRW 11,848 KRW 43
Asset-Based
NCAV (Graham) 6,960 KRW 9,326 KRW 13,919 KRW 50
Growth DCF
Growth DCF 17,630 KRW 27,071 KRW 42,542 KRW 80
Rev-Margin DCF 12,890 KRW 15,657 KRW 21,529 KRW 74
Economic Profit
ROIC Compounder 9,592 KRW 9,850 KRW 10,076 KRW 72

Widest divergence: DCF Models (20,703 KRW) versus Dividend Discount (438.94 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 59.0B KRW
Revenue growth (YoY) -48.4%
Net margin -6.8%
Return on equity 1.5%
Free cash flow 21.7B KRW FY2025
Operating margin 4.7%
More key figures
EPS growth (YoY) -87.5%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 56 · Market factors (momentum, volatility) 15

Profitability 8
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 40
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 Crystal New Material Holdings Co.,Ltd. engages in the research and development, production, and sale of industrial materials. The company offers synthetic mica crystal, flakes, powders, papers, plates, and tapes, as well as graphene materials; and downstream demand products, such as nacreous pigments, thermal insulating, and fire-proof materials.

Full company description

China Crystal New Material Holdings Co.,Ltd. engages in the research and development, production, and sale of industrial materials. The company offers synthetic mica crystal, flakes, powders, papers, plates, and tapes, as well as graphene materials; and downstream demand products, such as nacreous pigments, thermal insulating, and fire-proof materials. It serves insulation materials; color and fundamental cosmetics; automobiles; plastic, paper, home appliances; wire cable, power generation, insulation board, heat-resisting materials; munitions, and other industries. China Crystal New Material Holdings Co.,Ltd. was founded in 2003 and is headquartered in George Town, Cayman Islands.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Crystal New Material Holdings reported revenue of 69.9B KRW in FY2025 versus 351M KRW in FY2021, a compound +275.6%/yr. Reported net income was −2.6B KRW in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
69.9B KRW
Latest YoY
+13,363.5%
Avg. growth/yr (3Y) 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.
+455.7%
Avg. growth/yr (5Y) 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.
+165.3%
Avg. growth/yr (16Y) 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.
+51.7%
Revenue +275.6%/yr
FY21 351M KRW
FY22 407M KRW
FY23 346M KRW
FY24 519M KRW
FY25 69.9B KRW
Net income
FY21 52.9M KRW
FY22 75.0M KRW
FY23 40.9M KRW
FY24 37.0M KRW
FY25 −2.6B KRW

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Cite: Fair Value Calculator (2026). "China Crystal New Material Holdings Fair Value". https://www.fairvalue-calculator.com/stock/900250

Peer Group

Chemicals · 333 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 49 · Below median
Fair Value upside +23% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) 5% · Below median
Revenue growth -48% · Bottom 25%

Valuation Multiples vs Chemicals median · lower = cheaper

P/FCF 0.0× · Cheaper 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 64 · sector 0
FUTURE 0 · sector 20
PAST 6 · sector 19
HEALTH 100 · sector 94
DIVIDEND 0 · sector 27

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 Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is China Crystal New Material Holdings (900250) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,710 KRW versus a price of 1,389 KRW, about +23% (undervalued).
What is the fair value of 900250?
Our model-based fair value for China Crystal New Material Holdings is 1,710 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 1,389 KRW.
What is the quality score of 900250?
China Crystal New Material Holdings has a Quality Score of 49/100. 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 Crystal New Material Holdings (900250)?
China Crystal New Material Holdings reported trailing-twelve-month revenue of about 59.0B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 900250?
The net profit margin of China Crystal New Material Holdings is about -6.8%, meaning it is currently running at a net loss. 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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