TacticScaleWhat Zhejiang Yongtai Technology (永太科技) Does & How It Makes Money (002326.SZ)
Updated October 2026 · reflects Zhejiang Yongtai Technology's latest reported financials
Chinese maker of fluorine-based chemicals for pharma, crops and batteries. It earns money by making and selling fluorinated intermediates, pharmaceutical APIs, crop-protection chemicals and lithium battery materials to downstream manufacturers.
How Zhejiang Yongtai Technology makes money
It earns money by making and selling fluorinated intermediates, pharmaceutical APIs, crop-protection chemicals and lithium battery materials to downstream manufacturers. It also earns trading income from pesticide active ingredients, pesticide formulations and lithium carbonate.
What Zhejiang Yongtai Technology does
Zhejiang Yongtai Technology, founded in 1999 and based in Linhai, Zhejiang, is a fluorine chemistry company. Its products fall into three groups: fluorinated pharmaceuticals (intermediates and APIs), crop science (pesticide ingredients and formulations), and new energy materials (lithium battery materials, fluorinated liquids and related products). It also makes fluorinated polymers, fine chemicals, refrigerants, foaming agents, fire-extinguishing agents and fluoro liquid-crystal intermediates. The company has both manufacturing and trading revenue, including trading in pesticides and lithium carbonate. Because of this mix, its results depend on demand from drug makers, farming and the battery and EV supply chain. Prices for lithium materials and agrochemicals can swing sharply, and that can move its earnings.
Products & services
- Fluorinated pharmaceutical intermediates and APIs
- Pesticide active ingredients and formulations (herbicides, fungicides, insecticides)
- Lithium battery materials
- Fluoro liquid-crystal intermediates
- Refrigerants and foaming agents
- Fluorinated polymers and fluorinated liquids
永太科技是做什么的？
永太科技成立于1999年，总部位于浙江临海，是一家以氟化学为核心的企业。公司业务分为三块：含氟医药（医药中间体和原料药）、植物保护（农药原药及制剂）和新能源材料（锂电池材料、含氟液体等）。公司还生产含氟聚合物、含氟精细化学品、制冷剂、发泡剂、灭火剂和含氟液晶中间体。 公司的收入既来自生产，也来自农药和碳酸锂贸易。因此，公司业绩与医药、农业以及锂电池和新能源车产业链的需求相关。锂材料和农药价格波动较大，可能明显影响公司盈利。
What is Zhejiang Yongtai Technology worth?
On an owner-earnings DCF, Zhejiang Yongtai Technology's most-likely value is about ¥10 versus a recent price near ¥17 (67% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥5) 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.
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 →
Related companies
Zhejiang Yonghe Refrigerant (605020.SS) · Do-Fluoride New Materials (002407.SZ) · Haohua Chemical Science & Technology (600378.SS) · Zhejiang Sanmei Chemical Industry (603379.SS)