| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 28.59 | 178 |
| Intrinsic value (DCF) | 4.54 | -56 |
| Graham-Dodd Method | 4.02 | -61 |
| Graham Formula | 7.54 | -27 |
Jiangyin Haida Rubber And Plastic Co., Ltd. is a specialized Chinese manufacturer at the forefront of developing and producing advanced rubber and plastic materials for critical industrial applications. Operating in the Auto - Parts sector within the Consumer Cyclical industry, the company provides essential sealing and vibration damping systems that are vital for the performance and safety of rail transit, construction, automobile, and shipping industries. Headquartered in Jiangyin, China, Haida leverages its technical expertise to serve both domestic and international markets, positioning itself as a key supplier in the industrial supply chain. The company's focus on research and development underscores its commitment to innovation, enabling it to meet the evolving demands for durability and efficiency in harsh operating environments. As infrastructure development and transportation sectors continue to grow globally, particularly in emerging markets, Jiangyin Haida's specialized product portfolio places it in a strategically relevant position to capitalize on long-term industrial and automotive trends.
Jiangyin Haida presents a mixed investment profile with several notable factors. On the positive side, the company maintains a modest market capitalization of approximately CNY 6.42 billion and exhibits a low beta of 0.59, suggesting lower volatility compared to the broader market, which may appeal to risk-averse investors. The company generated revenue of CNY 3.31 billion with net income of CNY 161.7 million, resulting in a diluted EPS of CNY 0.27. However, concerning indicators include weak cash flow generation, with operating cash flow of only CNY 95.0 million against capital expenditures of CNY -90.2 million, indicating limited free cash flow. The company's financial position shows cash and equivalents of CNY 135.0 million against total debt of CNY 340.1 million, reflecting a leveraged balance sheet. The modest dividend yield, with a dividend per share of CNY 0.038, may provide some income but is not a primary attraction. Investment attractiveness is tempered by the company's moderate profitability and leveraged financial structure within a competitive auto parts sector.
Jiangyin Haida's competitive positioning is defined by its specialization in rubber and plastic materials for sealing and vibration damping systems across multiple industrial sectors. The company's primary competitive advantage lies in its focused expertise in niche applications for rail transit, construction, automobile, and shipping industries, allowing it to develop specialized solutions that may not be efficiently produced by larger, more diversified competitors. This sector-specific knowledge provides some insulation from broader competitive pressures. However, the company operates in a highly competitive auto parts market where scale, technological innovation, and global reach are significant advantages that larger competitors possess. Haida's relatively small market capitalization of CNY 6.42 billion suggests it lacks the scale advantages of major global automotive suppliers, potentially limiting its bargaining power with customers and suppliers. The company's financial metrics, including moderate profitability with net income of CNY 161.7 million on revenue of CNY 3.31 billion, indicate it operates with thinner margins than industry leaders. Its competitive positioning is further challenged by its primarily domestic Chinese focus, which may limit growth opportunities compared to globally diversified competitors. The company's ability to maintain and grow its market share will depend on continued technological innovation, cost management, and potential expansion into higher-margin product segments or geographic markets.