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Suzhou Jinhong Gas Co Ltd
SSE:688106

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Suzhou Jinhong Gas Co Ltd
SSE:688106
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Price: 38.45 CNY 6.45% Market Closed
Market Cap: ¥18.2B

P/B

5.9
Current
96%
More Expensive
vs 3-y average of 3

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
5.9
=
Market Cap
¥10.7B
/
Total Equity
¥3.1B

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
5.9
=
Market Cap
¥10.7B
/
Total Equity
¥3.1B

Valuation Scenarios

Suzhou Jinhong Gas Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth ¥19.59 (49% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-59%
Maximum Upside
No Upside Scenarios
Average Downside
52%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.9 ¥38.45
0%
3-Year Average 3 ¥19.59
-49%
5-Year Average 3.5 ¥22.65
-41%
Industry Average 2.5 ¥15.85
-59%
Country Average 2.4 ¥15.84
-59%

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
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Market Distribution

Higher than 84% of companies in China
Percentile
84rd
Based on 7 605 companies
84rd percentile
5.9
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

Suzhou Jinhong Gas Co Ltd
Glance View

Market Cap
18.2B CNY
Industry
Chemicals

Nestled in the heart of China's industrial belt, Suzhou Jinhong Gas Co Ltd stands as a pivotal player in the specialty gas sector, quietly yet powerfully fueling a broad spectrum of industries. Established as more than just a supplier of industrial gases, Jinhong Gas has carefully crafted an ecosystem of production, distribution, and technological innovation. The company sources its raw materials—air and natural gas—with precision engineering, creating a variety of gases like oxygen, nitrogen, and argon, essential to countless manufacturing processes. Thanks to an expansive network of production facilities and storage depots strategically dotted across key industrial zones, Jinhong Gas ensures timely delivery to its clients, thereby embedding reliability into its very business model. Jinhong Gas primarily makes money by selling specialty gases that are indispensable to industries like healthcare, electronics, and automotive manufacturing. These sectors rely on ultra-pure gases to maintain quality and safety standards, and Jinhong Gas consistently meets these expectations, building robust, long-term client relationships. By investing heavily in research and development, the company has also capitalized on emerging trends such as renewable energy and environmental sustainability. This approach not only diversifies its revenue streams but also fortifies its role as a leader in fostering greener industrial practices. The company's strategic foresight and operational excellence allow it to derive financial strength from an otherwise invisible product, underpinning modern industry with the very breath of progress.

Intrinsic Value
21.17 CNY
Overvaluation 45%
Intrinsic Value
Price ¥38.45
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