Jiangxi Wannianqing Cement Co., Ltd.

XSEC:000789 Stock Report

Market Cap: CN¥4.3b

Jiangxi Wannianqing Cement Valuation

Is 000789 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 000789 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000789 (CN¥5.39) is trading above our estimate of fair value (CN¥3.34)

Significantly Below Fair Value: 000789 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000789?

Key metric: As 000789 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 000789. This is calculated by dividing 000789's market cap by their current revenue.
What is 000789's PS Ratio?
PS Ratio0.7x
SalesCN¥6.22b
Market CapCN¥4.30b

Price to Sales Ratio vs Peers

How does 000789's PS Ratio compare to its peers?

The above table shows the PS ratio for 000789 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
000546 Jinyuan EP
0.8xn/aCN¥4.9b
002596 Hainan RuiZe New Building MaterialLtd
2.3xn/aCN¥3.5b
002398 Lets Holdings Group
1.1x11.1%CN¥2.9b
600881 Jilin Yatai (Group)
0.9xn/aCN¥5.7b
000789 Jiangxi Wannianqing Cement
0.7x4.0%CN¥4.3b

Price-To-Sales vs Peers: 000789 is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does 000789's PS Ratio compare vs other companies in the CN Basic Materials Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
000789 0.7xIndustry Avg. 1.4xNo. of Companies8PS01.22.43.64.86+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 000789 is good value based on its Price-To-Sales Ratio (0.7x) compared to the CN Basic Materials industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 000789's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

000789 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: 000789 is good value based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 000789 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥5.39
CN¥5.61
+4.1%
12.3%CN¥6.30CN¥4.92n/a2
Nov ’25CN¥5.39
CN¥5.61
+4.1%
12.3%CN¥6.30CN¥4.92n/a2
Oct ’25CN¥5.60
CN¥6.14
+9.6%
15.3%CN¥7.20CN¥4.92n/a3
Sep ’25CN¥4.40
CN¥6.88
+56.3%
5.9%CN¥7.20CN¥6.30n/a3
Aug ’25CN¥4.63
CN¥6.88
+48.5%
5.9%CN¥7.20CN¥6.30n/a3
Jul ’25CN¥4.61
CN¥7.17
+55.4%
0.5%CN¥7.20CN¥7.13n/a2
Jun ’25CN¥5.31
CN¥7.17
+34.9%
0.5%CN¥7.20CN¥7.13n/a2
May ’25CN¥5.57
CN¥7.17
+28.6%
0.5%CN¥7.20CN¥7.13n/a2
Apr ’25CN¥6.18
CN¥7.17
+15.9%
0.5%CN¥7.20CN¥7.13n/a2
Jan ’25CN¥6.86
CN¥8.86
+29.2%
1.6%CN¥9.00CN¥8.72n/a2
Dec ’24CN¥7.27
CN¥9.07
+24.7%
3.5%CN¥9.48CN¥8.72n/a3
Nov ’24CN¥7.39
CN¥9.07
+22.7%
3.5%CN¥9.48CN¥8.72CN¥5.393
Oct ’24CN¥8.02
CN¥9.07
+13.1%
3.5%CN¥9.48CN¥8.72CN¥5.603
Sep ’24CN¥8.29
CN¥9.07
+9.4%
3.5%CN¥9.48CN¥8.72CN¥4.403
Aug ’24CN¥8.60
CN¥9.34
+8.6%
2.6%CN¥9.54CN¥9.00CN¥4.633
Jul ’24CN¥7.75
CN¥9.34
+20.5%
2.6%CN¥9.54CN¥9.00CN¥4.613
Jun ’24CN¥7.85
CN¥9.51
+21.1%
0.3%CN¥9.54CN¥9.48CN¥5.312
May ’24CN¥8.82
CN¥9.51
+7.8%
0.3%CN¥9.54CN¥9.48CN¥5.572
Nov ’23CN¥8.01
CN¥13.31
+66.2%
17.8%CN¥15.68CN¥10.94CN¥7.392

Analyst Forecast: Target price is less than 20% higher than the current share price.

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