| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 40.06 | 254 |
| Intrinsic value (DCF) | 1.45 | -87 |
| Graham-Dodd Method | 1.17 | -90 |
| Graham Formula | n/a |
Chongqing Zaisheng Technology Co., Ltd. is a specialized chemical manufacturer with a 40-year legacy in developing and producing advanced glass microfiber products for critical purification and energy-saving applications. Founded in 1984 and headquartered in Chongqing, China, the company operates in the Basic Materials sector with a focus on high-performance filtration and insulation solutions. Zaisheng's diverse product portfolio includes glass microfiber filter media for air and liquid purification, PTFE filtration materials, battery separators for energy storage systems, and vacuum insulation panel core materials for energy efficiency. The company serves growing markets in China where environmental regulations and energy conservation priorities drive demand for advanced filtration and insulation technologies. With its specialized manufacturing capabilities and research-driven approach, Chongqing Zaisheng Technology has established itself as a key player in China's specialty chemicals landscape, particularly in high-value niche applications requiring precise material engineering and consistent quality standards. The company's value-added services complement its product offerings, creating comprehensive solutions for industrial and consumer applications in purification and energy conservation sectors.
Chongqing Zaisheng Technology presents a mixed investment case with moderate market capitalization of ¥5.4 billion and stable but modest financial performance. The company generated ¥1.48 billion in revenue with ¥90.8 million net income, representing a thin 6.2% net margin. Positive operating cash flow of ¥224 million and a conservative beta of 0.603 suggest lower volatility relative to the broader market. However, the company carries significant debt of ¥467.5 million against cash reserves of ¥273.6 million, indicating potential liquidity constraints. The diluted EPS of ¥0.0888 and dividend yield based on ¥0.04 per share provide limited income appeal. Investment attractiveness is tempered by the company's niche market positioning and modest profitability metrics, though its specialization in environmental and energy-saving technologies aligns with China's strategic priorities. The capital expenditure of ¥94.9 million suggests ongoing investment in capacity, but investors should monitor debt levels and margin pressures in the competitive specialty chemicals sector.
Chongqing Zaisheng Technology competes in the specialized glass microfiber products market with a focus on filtration and insulation applications. The company's competitive positioning is defined by its long-standing expertise in glass microfiber technology dating back to 1984, providing deep technical knowledge in material science and manufacturing processes. Zaisheng's competitive advantage lies in its specialized product portfolio that serves both purification (face masks, filter media) and energy-saving (vacuum insulation panels, battery separators) markets, creating diversification within its niche. The company's location in Chongqing, a major industrial center in western China, provides logistical advantages for serving domestic markets while potentially benefiting from regional development initiatives. However, Zaisheng faces significant competitive challenges from larger chemical companies with broader product portfolios and greater R&D resources. The company's modest scale (¥1.48 billion revenue) limits its ability to compete on cost with industrial giants, necessitating a focus on specialized, high-value applications where technical expertise outweighs pure pricing considerations. Zaisheng's competitive positioning is further complicated by the capital-intensive nature of chemical manufacturing and the need for continuous innovation to meet evolving environmental standards. The company's debt burden relative to cash reserves may constrain its competitive agility compared to better-capitalized rivals. Success in this market requires balancing technical specialization with financial sustainability, particularly as Chinese environmental regulations drive demand for more advanced filtration solutions.