Shanghai Datun Energy Resources Co Ltd (600508) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shanghai Datun Energy Resources Co Ltd stock ¥4.36, price ¥8.67, that is 49.7% below the price, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range ¥7.37 – ¥21.08 · fair‑value band ¥2.87 – ¥6.35 · the ¥8.67 price screens above the ¥4.36 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
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Shanghai Datun Energy Resources Co., Ltd. engages in the production and sale of coal, power generation, and aluminum casting and processing business in China and internationally. It operates through three segments: Coal, Electricity, and Aluminum Products.
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The company offers coking coal, gas coal, gas fertilizer coal, clean coal, washing and mixing middle block, mixed coal, power coal, thermal coal, and other products. It produces electricity; and operates railway line for coal transportation.
In addition, the company provides electrolytic aluminum products, such as aluminum ingots, aluminum rods, aluminum plates, aluminum profiles, and anode carbon. The company was founded in 1999 and is based in Shanghai, China.
Shanghai Datun Energy Resources Co., Ltd. operates as a subsidiary of China Coal Energy Company Limited.
Stock analysis
Shanghai Datun Energy Resources Co Ltd (600508) currently trades at ¥8.67, while our model-based Fair Value estimate is ¥4.36, 50% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of ¥4.54 per share, and 1 of the 15 models we run sit above the ¥8.67 price.
Bear case: the Earnings-Based group reads lowest at ¥1.10, and 14 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥2.87 (bear) to ¥6.35 (bull), the price of ¥8.67 sits above 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 44/100 (below-average quality), in the Energy sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Shanghai Datun Energy Resources Co Ltd reported revenue of 7.7B CNY in FY2025 versus 10.2B CNY in FY2021, a compound −6.8%/yr. Reported net income was 220M CNY in FY2025, compounding −12.4%/yr from FY2021.
Key figures
Market cap 8.8B CNY (≈ $1.3B) Small · P/E ratio 29.9 · P/S ratio 1.24 · EPS (TTM) ¥0.2900 · Dividend yield 1.7% · Net margin 3.3% · Return on equity 2.0% · Return on assets (EBIT) 5.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (medium confidence).
What moves the price
The share trades about 42% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −25% fair-value upside, at −50%, 600508 screens richer than that median.
Fair Value models
Bear¥2.87Fair Value ¥4.36Bull¥6.35
Price ¥8.67 · Downside -49.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.1197 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income¥7.77¥7.98¥8.4276
EPV¥1.00¥1.10¥1.1873
ROIC Compounder¥1.00¥1.10¥1.1871
All 15 models by family
Earnings-Based
Graham-Dodd¥1.48¥3.67¥4.7565
PEG = 1.0¥0.6600¥0.9500¥1.2357
EPV¥1.00¥1.10¥1.1873
Dividend Discount
Gordon GGM¥1.63¥2.77¥4.0367
DDM Multi-Stage¥1.63¥2.35¥3.0667
Multiples
P/E Multiple¥2.29¥3.05¥3.8163
P/S Multiple¥2.78¥3.70¥4.6357
P/B Multiple¥16.59¥22.12¥27.6555
EV/EBIT¥1.76¥2.15¥2.5565
EV/EBITDA¥4.88¥6.32¥7.7667
EV/Revenue¥2.01¥2.63¥3.2553
Asset-Based
NCAV (Graham)¥0.0300¥0.0500¥0.060054
Economic Profit
Residual Income¥7.77¥7.98¥8.4276
ROIC Compounder¥1.00¥1.10¥1.1871
Growth Earnings
Growth-Adj P/E¥1.82¥2.61¥3.3967
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.19/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
−19.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−15.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.1%
Start year 2020 (pandemic). Over 10 years: +4.5% a year
Revenue growth 27 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−15.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.4%
Dividend (yield on the price)1.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: −17.4% / 16.4%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 3%
Compare Shanghai Datun Energy Resources Co Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Thermal Coal · 82 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−49.7% · Bottom 25%
Profitability
Return on equity (12 months)2.0% · Below median
Return on assets1.5% · Below median
Net margin (12 months)4.3% · Below median
Operating margin (12 months)3.7% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)22.1% · Above median
Dividend yield (12 months)1.7% · Below median
Balance sheet
Debt / equity0.12× · Below median
Valuation Multiplesvs Thermal Coal median · lower = cheaper
P/E (12 months)29.9× · Priciest 25%
P/B0.70× · Cheapest 25%
P/S (12 months)1.24× · Cheaper than median
EV/EBITDA8.0× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 13
FUTURE (revenue growth)100· sector 60
PAST (return on equity)8· sector 27
HEALTH (low debt)94· sector 92
DIVIDEND (yield)35· sector 64
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Shanghai Datun Energy Resources Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600508
Frequently asked questions
Is Shanghai Datun Energy Resources Co Ltd (600508) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of ¥4.36 versus a price of ¥8.67, about 50% lower (overvalued).
What is the fair value of 600508?
Our model-based fair value for Shanghai Datun Energy Resources Co Ltd is ¥4.36 (as of Nov 3, 2026), built from audited fundamentals. The current price: ¥8.67.
What is the quality score of 600508?
Shanghai Datun Energy Resources Co Ltd has a Quality Score of 44/100. 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 price target for Shanghai Datun Energy Resources Co Ltd (600508)?
Our model-based price target is the fair value of ¥4.36 (as of Nov 3, 2026) from 15 valuation models. Cautious scenario ¥2.87, optimistic scenario ¥6.35. It is a calculation from audited fundamentals, not an analyst target.
What is the Shanghai Datun Energy Resources Co Ltd stock forecast for 2026?
Our models put fair value at ¥4.36, about 50% lower versus a price of ¥8.67 (overvalued). Cautious scenario ¥2.87, optimistic scenario ¥6.35. The calculation is refreshed regularly with new filings.
What is the revenue of Shanghai Datun Energy Resources Co Ltd (600508)?
Shanghai Datun Energy Resources Co Ltd reported trailing-twelve-month revenue of about 9.1B CNY (latest available figure, as of Nov 3, 2026).
Does Shanghai Datun Energy Resources Co Ltd pay a dividend?
Shanghai Datun Energy Resources Co Ltd currently shows a dividend yield of 1.73% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Shanghai Datun Energy Resources Co Ltd (600508) and when is the ex-dividend date?
Shanghai Datun Energy Resources Co Ltd pays a dividend of ¥0.15 per share a year, a dividend yield of 1.7%. The last ex-dividend date was Sep 24, 2026. The payout ratio is 51.7% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Shanghai Datun Energy Resources Co Ltd (600508)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shanghai Datun Energy Resources Co Ltd it is ¥4.36 per share (as of Nov 3, 2026), against a price of ¥8.67. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Shanghai Datun Energy Resources Co Ltd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 600508 trades above its calculated fair value: price ¥8.67, fair value ¥4.36, a gap of about −50% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600508?
No. The price is what the market pays today (¥8.67); the fair value is what the company's own numbers justify (¥4.36). For Shanghai Datun Energy Resources Co Ltd the two are ¥4.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shanghai Datun Energy Resources Co Ltd worth?
The market values Shanghai Datun Energy Resources Co Ltd at about 8.8B CNY (market capitalisation, as of Nov 3, 2026). Per share that is ¥8.67; our models calculate a fair value of ¥4.36 per share.
What do the bullish and bearish scenarios say about 600508?
Our models span a range for Shanghai Datun Energy Resources Co Ltd: cautious scenario ¥2.87, base ¥4.36, optimistic ¥6.35 per share (as of Nov 3, 2026, price ¥8.67). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600508?
Shanghai Datun Energy Resources Co Ltd trades at a price-to-earnings ratio of 29.9 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥4.36 is built from several models across several years. Other multiples: P/B 0.7, P/S 1.2, EV/EBITDA 8.0.
How solid is the balance sheet of Shanghai Datun Energy Resources Co Ltd (600508)?
Balance-sheet figures for Shanghai Datun Energy Resources Co Ltd (as of Nov 3, 2026): return on equity 2.0%, debt of 0.12 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 600508 from its 52-week high?
Shanghai Datun Energy Resources Co Ltd trades at ¥8.67, about 42% below its 52-week high of ¥14.90 and 18% above the low of ¥7.37 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥4.36 is for.
Which stocks are comparable to Shanghai Datun Energy Resources Co Ltd?
From the same area (Energy) we also value China Shenhua Energy Company, Shaanxi Coal Industry Company, Adani Enterprises Limited, China Coal Energy Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Shanghai Datun Energy Resources Co Ltd stock attractive at the current price?
The data as of Nov 3, 2026: price ¥8.67, calculated fair value ¥4.36 (−50%), Quality Score 44/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600508 calculated?
We run Shanghai Datun Energy Resources Co Ltd through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥4.36 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Shanghai Datun Energy Resources Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Shanghai Datun Energy Resources Co Ltd (600508)?
The closing price on Nov 6, 2026 was ¥8.67. Our model-based fair value is ¥4.36, about 50% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shanghai Datun Energy Resources Co Ltd right now?
The price sits above even our optimistic bull case (¥6.35). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (¥2.87 to ¥6.35) leaves room in how you read the outcome.
Where does the earnings growth of Shanghai Datun Energy Resources Co Ltd (600508) come from?
Earnings per share at Shanghai Datun Energy Resources Co Ltd grew +35.1 % a year from 2013 to 2024. Broken into its drivers: revenue per share +5.0 %, EBIT margin +28.1 %, tax rate +3.1 %, residual (interest, one-offs) −2.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Shanghai Datun Energy Resources Co Ltd
How large is the market capitalisation of Shanghai Datun Energy Resources Co Ltd (600508)?
The market capitalisation of Shanghai Datun Energy Resources Co Ltd is 8.8B CNY (≈ $1.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Shanghai Datun Energy Resources Co Ltd (600508)?
The price-to-sales ratio of Shanghai Datun Energy Resources Co Ltd is 1.24 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shanghai Datun Energy Resources Co Ltd (600508)?
Earnings per share at Shanghai Datun Energy Resources Co Ltd are ¥0.2900 (price ÷ EPS = P/E 29.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shanghai Datun Energy Resources Co Ltd (600508)?
The dividend yield of Shanghai Datun Energy Resources Co Ltd is 1.7% (payout 51.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Shanghai Datun Energy Resources Co Ltd (600508)?
The net margin of Shanghai Datun Energy Resources Co Ltd is 3.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Shanghai Datun Energy Resources Co Ltd (600508)?
The return on equity (ROE) of Shanghai Datun Energy Resources Co Ltd is 2.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Shanghai Datun Energy Resources Co Ltd (600508)?
On an EBIT basis the return on assets of Shanghai Datun Energy Resources Co Ltd is 5.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Shanghai Datun Energy Resources Co Ltd (600508)?
The operating margin of Shanghai Datun Energy Resources Co Ltd is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shanghai Datun Energy Resources Co Ltd (600508)?
Revenue at Shanghai Datun Energy Resources Co Ltd is growing +22.1% versus a year earlier (3y avg −15.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Shanghai Datun Energy Resources Co Ltd (600508)?
Earnings per share at Shanghai Datun Energy Resources Co Ltd are growing +6.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shanghai Datun Energy Resources Co Ltd (600508) generate?
The free cash flow of Shanghai Datun Energy Resources Co Ltd is −549M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Shanghai Datun Energy Resources Co Ltd (600508) hold?
Shanghai Datun Energy Resources Co Ltd holds more cash than debt, 733M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Nov 3, 2026