Haohua Chemical Science & Technology Corp., Ltd.

SHSE:600378 Stock Report

Market Cap: CN¥32.6b

Haohua Chemical Science & Technology Valuation

Is 600378 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 600378 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600378 (CN¥29.09) is trading above our estimate of fair value (CN¥10.4)

Significantly Below Fair Value: 600378 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600378?

Key metric: As 600378 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600378. This is calculated by dividing 600378's market cap by their current earnings.
What is 600378's PE Ratio?
PE Ratio45.7x
EarningsCN¥705.39m
Market CapCN¥32.64b

Price to Earnings Ratio vs Peers

How does 600378's PE Ratio compare to its peers?

The above table shows the PE ratio for 600378 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.9x
600873 MeiHua Holdings GroupLtd
10.1x8.2%CN¥30.2b
300037 Shenzhen Capchem Technology
30.3x28.4%CN¥28.3b
600352 Zhejiang Longsheng GroupLtd
17x6.9%CN¥33.9b
688065 Cathay Biotech
58.4xn/aCN¥24.0b
600378 Haohua Chemical Science & Technology
45.7x35.9%CN¥32.6b

Price-To-Earnings vs Peers: 600378 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the peer average (28.9x).

Price to Earnings Ratio vs Industry

How does 600378's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600378 45.7xIndustry Avg. 35.9xNo. of Companies42PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600378 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the CN Chemicals industry average (35.9x).

Price to Earnings Ratio vs Fair Ratio

What is 600378's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

600378 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.7x
Fair PE Ratio31.7x

Price-To-Earnings vs Fair Ratio: 600378 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the estimated Fair Price-To-Earnings Ratio (31.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 600378 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥29.09
CN¥38.79
+33.3%
14.4%CN¥44.37CN¥33.20n/a2
Dec ’25CN¥30.33
CN¥38.79
+27.9%
14.4%CN¥44.37CN¥33.20n/a2
Nov ’25CN¥33.70
CN¥38.79
+15.1%
14.4%CN¥44.37CN¥33.20n/a2
Oct ’25CN¥31.75
CN¥33.98
+7.0%
2.3%CN¥34.76CN¥33.20n/a2
Jan ’25CN¥30.48
CN¥45.91
+50.6%
0.9%CN¥46.32CN¥45.50n/a2
Dec ’24CN¥28.88
CN¥45.91
+59.0%
0.9%CN¥46.32CN¥45.50CN¥30.332
Nov ’24CN¥30.39
CN¥45.91
+51.1%
0.9%CN¥46.32CN¥45.50CN¥33.702
Oct ’24CN¥33.00
CN¥45.91
+39.1%
0.9%CN¥46.32CN¥45.50CN¥31.752
Sep ’24CN¥32.75
CN¥52.27
+59.6%
17.2%CN¥65.00CN¥45.50CN¥26.913
Aug ’24CN¥35.53
CN¥55.07
+55.0%
13.9%CN¥65.00CN¥46.32CN¥28.213
Jul ’24CN¥37.64
CN¥55.07
+46.3%
13.9%CN¥65.00CN¥46.32CN¥29.293
Jun ’24CN¥37.23
CN¥59.45
+59.7%
9.3%CN¥65.00CN¥53.90CN¥30.252
May ’24CN¥38.91
CN¥59.45
+52.8%
9.3%CN¥65.00CN¥53.90CN¥31.092
Apr ’24CN¥44.65
CN¥59.45
+33.1%
9.3%CN¥65.00CN¥53.90CN¥34.032
Mar ’24CN¥46.50
CN¥59.45
+27.8%
9.3%CN¥65.00CN¥53.90CN¥32.022
Feb ’24CN¥45.13
CN¥49.45
+9.6%
9.0%CN¥53.90CN¥45.00CN¥26.112

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 15:12
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Haohua Chemical Science & Technology Corp., Ltd. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tianhe WangChina International Capital Corporation Limited
Lili HuangCitic Securities Co., Ltd.
Vivien ZhengCredit Suisse