Zhejiang Hailide New Material Co Ltd
SZSE:002206

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Zhejiang Hailide New Material Co Ltd Logo
Zhejiang Hailide New Material Co Ltd
SZSE:002206
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Price: 6.03 CNY -2.43% Market Closed
Market Cap: ¥7B

P/B

1.7
Current
7%
More Expensive
vs 3-y average of 1.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
¥7B
/
Total Equity
¥4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
¥7B
/
Total Equity
¥4B

Valuation Scenarios

Zhejiang Hailide New Material Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.6), the stock would be worth ¥5.61 (7% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-7%
Maximum Upside
+40%
Average Upside
18%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.7 ¥6.03
0%
3-Year Average 1.6 ¥5.61
-7%
5-Year Average 1.7 ¥6.02
0%
Industry Average 2.5 ¥8.45
+40%
Country Average 2.4 ¥8.44
+40%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
35th
Based on 7 605 companies
35th percentile
1.7
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Zhejiang Hailide New Material Co Ltd
Glance View

Market Cap
7B CNY
Industry
Chemicals

Zhejiang Hailide New Material Co., Ltd. engages in the manufacture and production of industrial polyester fibers. The company is headquartered in Jiaxing, Zhejiang and currently employs 3,317 full-time employees. The company went IPO on 2008-01-23. The firm's main products include industrial polyester fibers, lamp-box advertisement materials, polyester chips, polyvinyl chloride (PVC) films and tire curtain fabrics, among others. The firm distributes its products within domestic market and to overseas markets.

Intrinsic Value
6.97 CNY
Undervaluation 13%
Intrinsic Value
Price ¥6.03
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