Shanghai Tianchen Co Ltd (600620) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Shanghai Tianchen Co Ltd stock ¥1.18, price ¥3.61, that is 67.3% below the price, quality 33 out of 100. Rating: strongly overvalued. Calculated from audited financials with 9 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 7, 2026.
How to read this chart
60‑month range ¥3.61 – ¥13.75 · fair‑value band ¥0.9600 – ¥1.40 · the ¥3.61 price screens above the ¥1.18 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 7, 2026.
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Shanghai Tianchen Co.,Ltd, together with its subsidiaries, provides taxi passenger transportation services in China. It also engages in real estate decoration business; sales and construction of tianchen health city project; and property management business.
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The company sells and leases real estate properties. Shanghai Tianchen Co.,Ltd was formerly known as Shanghai Union Agricultural Co., Ltd. The company was founded in 1992 and is based in Shanghai, China.
Stock analysis
Shanghai Tianchen Co Ltd (600620) currently trades at ¥3.61, while our model-based Fair Value estimate is ¥1.18, 67% 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 ¥1.31 per share, and 1 of the 9 models we run sit above the ¥3.61 price.
Bear case: the Dividend Discount group reads lowest at ¥0.2750, and 8 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥0.9600 (bear) to ¥1.40 (bull), the price of ¥3.61 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 33/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Shanghai Tianchen Co Ltd reported revenue of 299M CNY in FY2025 versus 41.8M CNY in FY2021, a compound +63.5%/yr. Reported net income was 19.0M CNY in FY2025, compounding −37.3%/yr from FY2021.
Key figures
Market cap 2.5B CNY (≈ $371M) Small · P/E ratio 180.5 · P/S ratio 11.8 · EPS (TTM) ¥0.0200 · Dividend yield 0.3% · Net margin 5.1% · Return on equity 0.8% · Return on assets (EBIT) 1.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 19 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −51% fair-value upside, at −67%, 600620 screens richer than that median.
Fair Value models
Bear¥0.9600Fair Value ¥1.18Bull¥1.40
Price ¥3.61 · Downside -67.3%
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 (¥0.0086 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.
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.44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−12.5%
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.
+7.0%
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.
+52.0%
Start year 2020 (pandemic). Over 10 years: +20.9% a year
Revenue growth 33 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.
+5.5%
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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.
−28.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−29.0%
Dividend (yield on the price)0.3%
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.−29.0% vs −12.9%, slowing
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.287% → 9%
Compare Shanghai Tianchen 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.Real Estate - Diversified · 114 stocks
Beats the industry median on 1/12 measures
Overall it trails its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−68.2% · Bottom 25%
Profitability
Return on equity (12 months)0.8% · Bottom 25%
Return on assets0.6% · Bottom 25%
Net margin (12 months)5.1% · Bottom 25%
Operating margin (12 months)−102.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−87.2% · Bottom 25%
Dividend yield (12 months)0.3% · Bottom 25%
Balance sheet
Debt / equity0.16× · Lowest 25%
Valuation Multiplesvs Real Estate - Diversified median · lower = cheaper
P/E (12 months)180.5× · Priciest 25%
P/B1.75× · Priciest 25%
P/S (12 months)11.84× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 37
FUTURE (revenue growth)0· sector 5
PAST (return on equity)3· sector 22
HEALTH (low debt)92· sector 74
DIVIDEND (yield)5· 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 Tianchen Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600620
Frequently asked questions
Is Shanghai Tianchen Co Ltd (600620) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥1.18 versus a price of ¥3.61, about 67% lower (overvalued).
What is the fair value of 600620?
Our model-based fair value for Shanghai Tianchen Co Ltd is ¥1.18 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥3.61.
What is the quality score of 600620?
Shanghai Tianchen Co Ltd has a Quality Score of 33/100. 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 Tianchen Co Ltd (600620)?
Our model-based price target is the fair value of ¥1.18 (as of Nov 7, 2026) from 9 valuation models. Cautious scenario ¥0.9600, optimistic scenario ¥1.40. It is a calculation from audited fundamentals, not an analyst target.
What is the Shanghai Tianchen Co Ltd stock forecast for 2026?
Our models put fair value at ¥1.18, about 67% lower versus a price of ¥3.61 (overvalued). Cautious scenario ¥0.9600, optimistic scenario ¥1.40. The calculation is refreshed regularly with new filings.
What is the revenue of Shanghai Tianchen Co Ltd (600620)?
Shanghai Tianchen Co Ltd reported trailing-twelve-month revenue of about 215M CNY (latest available figure, as of Nov 7, 2026).
Does Shanghai Tianchen Co Ltd pay a dividend?
Shanghai Tianchen Co Ltd currently shows a dividend yield of 0.28% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Shanghai Tianchen Co Ltd (600620) and when is the ex-dividend date?
Shanghai Tianchen Co Ltd pays a dividend of ¥0.01 per share a year, a dividend yield of 0.3%. The last ex-dividend date was Aug 25, 2026. The payout ratio is 50.0% of earnings. Our assessment: Token dividend. At a yield of 0.3% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.3% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Shanghai Tianchen Co Ltd (600620)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shanghai Tianchen Co Ltd it is ¥1.18 per share (as of Nov 7, 2026), against a price of ¥3.61. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Shanghai Tianchen Co Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 600620 trades above its calculated fair value: price ¥3.61, fair value ¥1.18, a gap of about −67% (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 600620?
No. The price is what the market pays today (¥3.61); the fair value is what the company's own numbers justify (¥1.18). For Shanghai Tianchen Co Ltd the two are ¥2.43 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shanghai Tianchen Co Ltd worth?
The market values Shanghai Tianchen Co Ltd at about 2.5B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥3.61; our models calculate a fair value of ¥1.18 per share.
What do the bullish and bearish scenarios say about 600620?
Our models span a range for Shanghai Tianchen Co Ltd: cautious scenario ¥0.9600, base ¥1.18, optimistic ¥1.40 per share (as of Nov 7, 2026, price ¥3.61). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600620?
Shanghai Tianchen Co Ltd trades at a price-to-earnings ratio of 180.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥1.18 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 115.9. Other multiples: P/B 1.8, P/S 11.8.
How solid is the balance sheet of Shanghai Tianchen Co Ltd (600620)?
Balance-sheet figures for Shanghai Tianchen Co Ltd (as of Nov 7, 2026): return on equity 0.8%, debt of 0.16 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is 600620 from its 52-week high?
Shanghai Tianchen Co Ltd trades at ¥3.61, about 50% below its 52-week high of ¥7.26 and at the low of ¥3.61 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ¥1.18 is for.
Which stocks are comparable to Shanghai Tianchen Co Ltd?
From the same area (Real Estate) we also value Swiss Prime Site AG, The Phoenix Mills Limited, Prestige Estates Projects Limited, Umm Al Qura for Development and Construction 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 Tianchen Co Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price ¥3.61, calculated fair value ¥1.18 (−67%), Quality Score 33/100, from 9 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 600620 calculated?
We run Shanghai Tianchen Co Ltd through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of ¥1.18 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 13.3% above its aggregate fair value. Shanghai Tianchen 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 Tianchen Co Ltd (600620)?
The closing price on Nov 9, 2026 was ¥3.61. Our model-based fair value is ¥1.18, about 67% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shanghai Tianchen Co Ltd right now?
The price sits above even our optimistic bull case (¥1.40). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Shanghai Tianchen Co Ltd (600620) come from?
Earnings per share at Shanghai Tianchen Co Ltd grew −11.8 % a year from 2013 to 2024. Broken into its drivers: revenue per share +23.6 %, EBIT margin −26.7 %, tax rate −1.5 %, residual (interest, one-offs) −1.1 %. 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 Tianchen Co Ltd
How large is the market capitalisation of Shanghai Tianchen Co Ltd (600620)?
The market capitalisation of Shanghai Tianchen Co Ltd is 2.5B CNY (≈ $371M). 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 Tianchen Co Ltd (600620)?
The price-to-sales ratio of Shanghai Tianchen Co Ltd is 11.8 (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 Tianchen Co Ltd (600620)?
Earnings per share at Shanghai Tianchen Co Ltd are ¥0.0200 (price ÷ EPS = P/E 180.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shanghai Tianchen Co Ltd (600620)?
The dividend yield of Shanghai Tianchen Co Ltd is 0.3% (payout 50.0%). 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 Tianchen Co Ltd (600620)?
The net margin of Shanghai Tianchen Co Ltd is 5.1% (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 Tianchen Co Ltd (600620)?
The return on equity (ROE) of Shanghai Tianchen Co Ltd is 0.8% (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 Tianchen Co Ltd (600620)?
On an EBIT basis the return on assets of Shanghai Tianchen Co Ltd is 1.9% (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 Tianchen Co Ltd (600620)?
The operating margin of Shanghai Tianchen Co Ltd is −103% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shanghai Tianchen Co Ltd (600620)?
Revenue at Shanghai Tianchen Co Ltd is growing −87.2% versus a year earlier (3y avg +7.0%). 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 Tianchen Co Ltd (600620)?
Earnings per share at Shanghai Tianchen Co Ltd are growing +30.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shanghai Tianchen Co Ltd (600620) generate?
The free cash flow of Shanghai Tianchen Co Ltd is −508M 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 Tianchen Co Ltd (600620) hold?
Shanghai Tianchen Co Ltd holds more cash than debt, 219M CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 7, 2026