TacticScale

What Chongqing Baiya Sanitary Products (百亚股份) Does & How It Makes Money (003006.SZ)

Updated October 2026 · reflects Chongqing Baiya Sanitary Products's latest reported financials

Chinese maker of sanitary napkins, diapers, and incontinence products. It earns revenue by selling branded hygiene products through distributors, shopping malls, supermarkets, and e-commerce platforms, and by manufacturing for OEM clients.

Chongqing Baiya Sanitary Products's story, moat and numbers — in a 3-minute visual book.

Explore Chongqing Baiya Sanitary Products on TacticScale →

How Chongqing Baiya Sanitary Products makes money

It earns revenue by selling branded hygiene products through distributors, shopping malls, supermarkets, and e-commerce platforms, and by manufacturing for OEM clients. It also earns a smaller amount from business management consulting services.

What Chongqing Baiya Sanitary Products does

Chongqing Baiya Sanitary Products, founded in 2010 and based in Chongqing, develops, makes, and sells disposable personal hygiene products in China. Its range covers feminine care (sanitary napkins and panty liners), baby diapers, and adult incontinence products, sold under the Free Point, Haozhi, and Danning brands. The company sells through several channels: distributors, shopping malls, supermarkets, and e-commerce platforms. It also manufactures for OEM clients and offers business management consulting. This puts it in the consumer defensive sector, where demand for everyday essentials tends to hold up regardless of the economy.

Products & services

百亚股份是做什么的?

重庆百亚卫生用品股份有限公司成立于2010年,总部位于重庆,主要从事一次性个人卫生用品的研发、生产和销售。产品涵盖卫生巾、护垫等女性护理用品,以及婴儿纸尿裤和成人失禁用品,旗下品牌包括自由点、好之和丹宁。 公司通过经销商、商场超市和电商平台销售产品,同时为OEM客户代工生产,并提供企业管理咨询服务。公司属于日常必需消费品行业,需求相对稳定。

What is Chongqing Baiya Sanitary Products worth?

On an owner-earnings DCF, Chongqing Baiya Sanitary Products's most-likely value is about ¥8 versus a recent price near ¥23 (177% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥4) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ ¥23
Fair value (most likely)
¥8
Range
¥6–¥14
No-growth floor
¥4
Price
~¥23

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Consumer Defensive Industry Household & Personal Products HQ China Ticker 003006.SZ Official site

Related companies

Big Tree Cloud (DSY) · Yunnan Baiyao (000538.SZ) · Shanghai Jahwa United (600315.SS)