COFCO Capital Holdings Co Ltd (002423) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of COFCO Capital Holdings Co Ltd stock ¥7.72, price ¥9.12, that is 15.4% below the price, quality 58 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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COFCO Capital Holdings Co Ltd
002423 · SHEOur calculation puts a fair price 15% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range ¥5.57 – ¥20.89 · fair‑value band ¥7.17 – ¥9.25 · the ¥9.12 price screens above the ¥7.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
COFCO Capital Holdings Co., Ltd., together with its subsidiaries, engages in the financial businesses in China and internationally. The company operates through four segments: Futures, Trust, Insurance, and Other.
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It offers futures brokerage, risk management, asset management, and derivatives trading and hedging services; trust investment products, including cash management, quoted fixed-income pure bond, fixed income, equity investment, family trust, and supply chain finance products, as well as wealth management; and life insurance products, such as critical illness, medical, and accident insurance; savings-oriented products comprising increasing whole life and annuity insurance.
The company also provides insurance brokerage, risk management consulting, risk data analysis, and reinsurance services; reverse factoring, inclusive finance, electronic invoices, upstream and downstream finance, and technology finance services; equity funds; investment and merger and acquisition consulting services; cross-border finance; and banking business, which includes small business, agricultural, personal, and corporate finance.
In addition, it offers health management services, such as pre-diagnosis, diagnosis, and post-diagnosis, as well as MR tumor screening, premium physical examinations, medical accompaniment, targeted appointment scheduling, and health consultations; and legal and tax consultation, VIP privileges and travel, and SOS assistance.
The company was founded in 1997 and is based in Beijing, China. COFCO Capital Holdings Co., Ltd. operates as a subsidiary of COFCO Corporation.
Stock analysis
COFCO Capital Holdings Co Ltd (002423) currently trades at ¥9.12, while our model-based Fair Value estimate is ¥7.72, 15% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥9.57 per share, and 1 of the 6 models we run sit above the ¥9.12 price.
Bear case: the Dividend Discount group reads lowest at ¥2.17, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥7.17 (bear) to ¥9.25 (bull), the price of ¥9.12 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
COFCO Capital Holdings Co Ltd reported revenue of 9.6B CNY in FY2025 versus 19.7B CNY in FY2021, a compound −16.5%/yr. Reported net income was 1.1B CNY in FY2025, compounding −4.7%/yr from FY2021.
Key figures
Market cap 21.0B CNY (≈ $3.1B) Mid · P/E ratio 17.5 · P/S ratio 2.72 · EPS (TTM) ¥0.5200 · Dividend yield 1.6% · Net margin 15.6% · Return on equity 5.2% · Return on assets (EBIT) 2.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at −15%, 002423 screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Compare COFCO Capital Holdings Co Ltd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Insurance - Life · 77 stocks
Valuation Multiplesvs Insurance - Life median · lower = cheaper
Strength profile in five axes (Snowflake)
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Insurance - Life stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Ping An Insurance (Group) Company 601318 | ¥54.50 | ¥66.91 | +23% | vs 002423 |
| China Life Insurance Company 601628 | ¥35.51 | ¥40.47 | +14% | vs 002423 |
| Life Insurance Corporation LICI | ₹394.00 | ₹299.42 | −24% | vs 002423 |
| Cathay Financial Holding 2882 | 111.00 TWD | 71.53 TWD | −36% | vs 002423 |
| Manulife Financial Corporation MFC | $43.24 | $26.70 | −38% | vs 002423 |
| Fubon Financial Holding 2881 | 148.00 TWD | 86.48 TWD | −42% | vs 002423 |
| Aflac Incorporated AFL | $124.06 | $67.30 | −46% | vs 002423 |
| AIA Group 1299 | HK$78.45 | HK$41.63 | −47% | vs 002423 |
| MetLife, Inc MET | $98.27 | $48.73 | −50% | vs 002423 |
| Great-West Lifeco Inc GWO | C$90.17 | C$41.90 | −54% | vs 002423 |
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Key figures of COFCO Capital Holdings Co Ltd
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