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China Science Publishing & Media Ltd (601858) Fair Value & Analysis

Communication Services · CN · Market cap 20.8B CNY (≈ $3.1B) · ISIN CNE100002R99

What is China Science Publishing & Media Ltd really worth?

CS China Science Publishing & Media Ltd 601858 · SHG
Price¥21.50
Fair Value¥10.31
Upside−52.1%
Quality69/100

A solid business, but trading 109% above our fair value of ¥10.31.

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Strengths

Healthy Growth (revenue 5y +3.6 %/yr)
Solidly profitable · 16.6% net margin
Low debt · generates free cash flow

Risks

!Mixed vs. peers (6/14)
!Moderate moat 49/100
!Weak on dividend: 28 out of 100

For context

·1.42% dividend yield
Evidence: High Range ¥7.81 – ¥12.78

Fair value as of: Aug 28, 2026

From 24 valuation models · updated 8 days ago

Share price −15.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (¥12.78). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

¥48.28 ¥6.72 Fair Value ¥10.31 Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range ¥6.72 – ¥48.28 · fair‑value band ¥7.81 – ¥12.78 · the ¥21.50 price screens above the ¥10.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

China Science Publishing & Media Ltd (601858) currently trades at ¥21.50, while our model-based Fair Value estimate is ¥10.31, implying the stock looks roughly 108.6% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Communication Services sector. Bull case: the Growth Earnings group reads highest at a median of ¥11.38 per share, and 0 of the 24 models we run sit above the ¥21.50 price. Bear case: the Earnings-Based group reads lowest at ¥3.21, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, China Science Publishing & Media Ltd generated revenue of 2.9B CNY at a net margin of 16.6%. Revenue declined 19.8% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of 1.6B CNY. Fundamentals as of Aug 28, 2026

Our scenario range runs from ¥7.81 (bear case) to ¥12.78 (bull case); at ¥21.50, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 31% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 9% fair-value upside, at −52%, 601858 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.2125 per share, which is 2.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence ¥9.84 ¥13.66 ¥19.30 81
Growth DCF ¥10.02 ¥13.48 ¥18.33 79
Owner Earnings ¥8.88 ¥12.23 ¥17.16 77
All 24 models by family
DCF Models
FCF DCF best evidence ¥9.84 ¥13.66 ¥19.30 81
Owner Earnings ¥8.88 ¥12.23 ¥17.16 77
5Y Revenue Exit ¥7.89 ¥10.63 ¥14.01 74
5Y EBITDA Exit ¥7.92 ¥10.68 ¥13.77 76
5Y P/E Exit ¥10.66 ¥15.68 ¥20.80 71
10Y Revenue Exit ¥8.39 ¥11.02 ¥14.32 68
10Y EBITDA Exit ¥8.56 ¥11.05 ¥14.14 70
10Y P/E Exit ¥10.29 ¥14.48 ¥19.39 64
Earnings-Based
Graham-Dodd ¥4.16 ¥11.37 ¥14.92 65
Lynch FV ¥2.25 ¥3.21 ¥4.18 61
PEG = 1.0 ¥2.25 ¥3.21 ¥4.18 57
EPV ¥6.62 ¥7.36 ¥8.01 74
Multiples
P/E Multiple ¥10.10 ¥13.47 ¥16.83 63
P/S Multiple ¥7.81 ¥10.41 ¥13.01 58
P/B Multiple ¥7.81 ¥10.41 ¥13.01 55
EV/EBIT ¥8.64 ¥10.79 ¥12.94 66
EV/EBITDA ¥7.48 ¥9.24 ¥11.00 67
EV/Revenue ¥7.08 ¥9.18 ¥11.27 54
Asset-Based
NCAV (Graham) ¥3.59 ¥4.81 ¥7.18 54
Growth DCF
Growth DCF ¥10.02 ¥13.48 ¥18.33 79
Rev-Margin DCF ¥7.89 ¥10.71 ¥13.87 74
Economic Profit
Residual Income ¥6.07 ¥6.57 ¥8.22 76
ROIC Compounder ¥6.62 ¥7.46 ¥8.69 72
Growth Earnings
Growth-Adj P/E ¥7.97 ¥11.38 ¥14.80 67

Widest divergence: Growth Earnings (¥11.38) versus Earnings-Based (¥3.21). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/E ratio 34.7
P/S ratio 5.57 P/E × margin
EPS (TTM) ¥0.6200 price ÷ EPS = P/E 34.7
Dividend yield 1.4% payout 49.4%
Net margin 16.1% FY2025
Return on equity 8.9% TTM
More key figures
Profitability
Return on assets (EBIT) 6.8% avg 5y
Operating margin 13.4% TTM
Growth
Revenue (TTM) 2.9B CNY TTM
Revenue growth (YoY) −19.8% 3y avg +3.6%
EPS growth (YoY) +7.7%
Balance sheet & cash flow
Free cash flow 549M CNY FY2025
Net cash 1.6B CNY FY2024

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 69 · Market factors (momentum, volatility) 44

Profitability 39
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

China Science Publishing & Media Ltd. engages in publishing of books and periodicals in China. It offers academic monographs, teaching materials, supplementary teaching materials, science books, and other books, as well as academic periodicals and magazine.

Full company description

China Science Publishing & Media Ltd. engages in publishing of books and periodicals in China. It offers academic monographs, teaching materials, supplementary teaching materials, science books, and other books, as well as academic periodicals and magazine. The company also imports and exports books, periodicals, databases and other publications; sells digital products; and provides platform services and other knowledge service. The company was founded in 1999 and is headquartered in Beijing, China. China Science Publishing & Media Ltd. is a subsidiary of China Science Publishing & Media Group Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Science Publishing & Media Ltd reported revenue of 3.0B CNY in FY2025 versus 2.6B CNY in FY2021, a compound +3.4%/yr. Reported net income was 484M CNY in FY2025, compounding −0.1%/yr from FY2021.

Growth Quality 70/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.0B CNY
Latest YoY
+1.8%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.6%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.6%
Avg. revenue growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+2.2% (0.8 + 1.4)
Revenue +3.4%/yr
FY21 2.6B CNY
FY22 2.7B CNY
FY23 2.9B CNY
FY24 3.0B CNY
FY25 3.0B CNY
Net income −0.1%/yr
FY21 486M CNY
FY22 469M CNY
FY23 513M CNY
FY24 433M CNY
FY25 484M CNY
Character of growth · EPS growth decomposed (2013-2024) +6.5 % p.a.
Revenue per share +5.6 %

of which total revenue +7.7 % · buybacks/dilution −1.9 %

EBIT margin +2.5 %
Tax rate −0.1 %
Residual (interest, one-offs) −1.7 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

601858 screens 109% overvalued. Compare with The New York Times Company →

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Cite: Fair Value Calculator (2026). "China Science Publishing & Media Ltd Fair Value". https://www.fairvalue-calculator.com/stock/601858

Peer Group

Publishing · 108 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 69 · Top 25%
Fair Value upside −52% · Bottom 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth −20% · Bottom 25%
Dividend yield (TTM) 1.4% · Below median

Valuation Multiples vs Publishing median · lower = cheaper

P/E (TTM) 34.7× · Pricier than 75% of peers
P/B 3.67× · Pricier than 75% of peers
P/S (TTM) 7.12× · Pricier than 75% of peers
P/FCF 5.7× · Pricier than median
EV/EBITDA 48.5× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 39
FUTURE0 · sector 0
PAST35 · sector 22
HEALTH100 · sector 99
DIVIDEND28 · sector 55

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is China Science Publishing & Media Ltd (601858) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of ¥10.31 versus a price of ¥21.50, about −52% upside (overvalued).
What is the fair value of 601858?
Our model-based fair value for China Science Publishing & Media Ltd is ¥10.31 (as of Aug 28, 2026), built from audited fundamentals. The current price: ¥21.50.
What is the quality score of 601858?
China Science Publishing & Media Ltd has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of China Science Publishing & Media Ltd (601858)?
China Science Publishing & Media Ltd reported trailing-twelve-month revenue of about 2.9B CNY (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 601858?
The net profit margin of China Science Publishing & Media Ltd is about 16.6%, meaning it keeps roughly 16.6% of revenue as net income. Based on the latest reported figures.
Does China Science Publishing & Media Ltd pay a dividend?
China Science Publishing & Media Ltd currently shows a dividend yield of about 1.42% relative to its recent price (as of Aug 28, 2026).
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