ShanXi Coking Co Ltd (600740) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ShanXi Coking Co Ltd stock ¥2.38, price ¥3.50, that is 32.1% below the price, quality 31 out of 100. Rating: overvalued. Calculated from audited financials with 13 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 5, 2026.
How to read this chart
60‑month range ¥3.19 – ¥10.81 · fair‑value band ¥1.75 – ¥4.32 · the ¥3.50 price screens above the ¥2.38 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 5, 2026.
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The company was founded in 1996 and is headquartered in Linfen, China. Shanxi Coking Co., Ltd. is a subsidiary of Shanxi Coking Group Co., Ltd.
Stock analysis
ShanXi Coking Co Ltd (600740) currently trades at ¥3.50, while our model-based Fair Value estimate is ¥2.38, 32% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ¥3.93 per share, and 3 of the 12 models we run sit above the ¥3.50 price.
Bear case: the Earnings-Based group reads lowest at ¥1.01, and 9 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥1.75 (bear) to ¥4.32 (bull), the price of ¥3.50 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 31/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.
ShanXi Coking Co Ltd reported revenue of 7.5B CNY in FY2024 versus 7.1B CNY in FY2020, a compound +1.4%/yr. Reported net income was 263M CNY in FY2024, compounding −30.0%/yr from FY2020.
Key figures
Market cap 9.0B CNY (≈ $1.3B) Small · P/E ratio 58.3 · P/S ratio 1.48 · EPS (TTM) ¥0.0600 · Dividend yield 0.7% · Net margin 2.4% · Return on equity 0.9% · Return on assets (EBIT) 5.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 16 out of 100 (medium confidence).
What moves the price
The share trades about 32% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −19% fair-value upside, at −32%, 600740 screens richer than that median.
Fair Value models
Bear¥1.75Fair Value ¥2.38Bull¥4.32
Price ¥3.50 · Downside -32.1%
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 2024 figures (about 12 months old). Earnings retained since then (¥0.0350 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¥3.66¥3.77¥3.9976
Owner Earnings¥0.7800¥1.77¥3.2272
Gordon GGM¥1.30¥2.38¥3.3367
All 13 models by family
DCF Models
Owner Earnings¥0.7800¥1.77¥3.2272
Earnings-Based
Graham-Dodd¥0.7000¥2.83¥3.8464
Lynch FV¥0.7100¥1.01¥1.3161
PEG = 1.0¥0.7100¥1.01¥1.3157
Dividend Discount
Gordon GGM¥1.30¥2.38¥3.3367
DDM Multi-Stage¥1.30¥2.16¥2.5467
Multiples
P/E Multiple¥1.31¥1.75¥2.1863
P/S Multiple¥1.31¥1.75¥2.1858
P/B Multiple¥13.20¥17.60¥22.0055
EV/EBITDAn/an/a¥0.380062
Asset-Based
NCAV (Graham)¥2.93¥3.93¥5.8754
Economic Profit
Residual Income¥3.66¥3.77¥3.9976
Growth Earnings
Growth-Adj P/E¥1.09¥1.56¥2.0367
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.55/100
Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.
Revenue growth 1 year
−14.2%
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.
−12.6%
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.
+2.5%
Revenue growth 24 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.
+14.0%
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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.
−24.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−24.8%
Dividend (yield on the price)0.7%
Per share before 2000divided by the spin-off factor 1.0974
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: −24.8% / 21.5%
⚠ Revenue per share shrinking 3.2%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Coking Coal · 20 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score31 · Bottom 25%
Fair Value upside−32.1% · Below median
Profitability
Return on equity (12 months)0.9% · Above median
Return on assets1.0% · Above median
Net margin (12 months)2.4% · Above median
Operating margin (12 months)−12.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)6.3% · Below median
Dividend yield (12 months)0.7% · Below median
Balance sheet
Debt / equity0.23× · Below median
Valuation Multiplesvs Coking Coal median · lower = cheaper
P/E (12 months)58.3× · Priciest 25%
P/B0.59× · Cheapest 25%
P/S (12 months)1.48× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 9
FUTURE (revenue growth)32· sector 62
PAST (return on equity)4· sector 0
HEALTH (low debt)89· sector 89
DIVIDEND (yield)14· sector 25
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). "ShanXi Coking Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600740
Frequently asked questions
Is ShanXi Coking Co Ltd (600740) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of ¥2.38 versus a price of ¥3.50, about 32% lower (overvalued).
What is the fair value of 600740?
Our model-based fair value for ShanXi Coking Co Ltd is ¥2.38 (as of Nov 5, 2026), built from audited fundamentals. The current price: ¥3.50.
What is the quality score of 600740?
ShanXi Coking Co Ltd has a Quality Score of 31/100. 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 ShanXi Coking Co Ltd (600740)?
Our model-based price target is the fair value of ¥2.38 (as of Nov 5, 2026) from 13 valuation models. Cautious scenario ¥1.75, optimistic scenario ¥4.32. It is a calculation from audited fundamentals, not an analyst target.
What is the ShanXi Coking Co Ltd stock forecast for 2026?
Our models put fair value at ¥2.38, about 32% lower versus a price of ¥3.50 (overvalued). Cautious scenario ¥1.75, optimistic scenario ¥4.32. The calculation is refreshed regularly with new filings.
What is the revenue of ShanXi Coking Co Ltd (600740)?
ShanXi Coking Co Ltd reported trailing-twelve-month revenue of about 6.1B CNY (latest available figure, as of Nov 5, 2026).
Does ShanXi Coking Co Ltd pay a dividend?
ShanXi Coking Co Ltd currently shows a dividend yield of 0.71% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of ShanXi Coking Co Ltd (600740) and when is the ex-dividend date?
ShanXi Coking Co Ltd pays a dividend of ¥0.025 per share a year, a dividend yield of 0.7%. The last ex-dividend date was Jun 17, 2026. The payout ratio is 41.7% of earnings. Our assessment: Token dividend. At a yield of 0.7% 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 0.7% 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 ShanXi Coking Co Ltd (600740)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ShanXi Coking Co Ltd it is ¥2.38 per share (as of Nov 5, 2026), against a price of ¥3.50. It is the blended result of 13 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is ShanXi Coking Co Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 600740 trades above its calculated fair value: price ¥3.50, fair value ¥2.38, a gap of about −32% (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 600740?
No. The price is what the market pays today (¥3.50); the fair value is what the company's own numbers justify (¥2.38). For ShanXi Coking Co Ltd the two are ¥1.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is ShanXi Coking Co Ltd worth?
The market values ShanXi Coking Co Ltd at about 9.0B CNY (market capitalisation, as of Nov 5, 2026). Per share that is ¥3.50; our models calculate a fair value of ¥2.38 per share.
What do the bullish and bearish scenarios say about 600740?
Our models span a range for ShanXi Coking Co Ltd: cautious scenario ¥1.75, base ¥2.38, optimistic ¥4.32 per share (as of Nov 5, 2026, price ¥3.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600740?
ShanXi Coking Co Ltd trades at a price-to-earnings ratio of 58.3 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥2.38 is built from several models across several years. Other multiples: P/B 0.6, P/S 1.5.
How solid is the balance sheet of ShanXi Coking Co Ltd (600740)?
Balance-sheet figures for ShanXi Coking Co Ltd (as of Nov 5, 2026): return on equity 0.9%, debt of 0.23 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is 600740 from its 52-week high?
ShanXi Coking Co Ltd trades at ¥3.50, about 32% below its 52-week high of ¥5.17 and 10% above the low of ¥3.19 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥2.38 is for.
Which stocks are comparable to ShanXi Coking Co Ltd?
From the same area (Basic Materials) we also value Warrior Met Coal, Inc, PT Alamtri Minerals Indonesia Tbk,, Shanxi Meijin Energy Co, Coronado Global Resources Inc, 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 ShanXi Coking Co Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price ¥3.50, calculated fair value ¥2.38 (−32%), Quality Score 31/100, from 13 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 600740 calculated?
We run ShanXi Coking Co Ltd through 13 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ¥2.38 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. ShanXi Coking 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 ShanXi Coking Co Ltd (600740)?
The closing price on Nov 6, 2026 was ¥3.50. Our model-based fair value is ¥2.38, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ShanXi Coking Co Ltd right now?
Weak quality (31/100) 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. A fairly wide model range (¥1.75 to ¥4.32) leaves room in how you read the outcome.
Where does the earnings growth of ShanXi Coking Co Ltd (600740) come from?
Earnings per share at ShanXi Coking Co Ltd grew +46.1 % a year from 2013 to 2024. Broken into its drivers: revenue per share −1.6 %, EBIT margin +34.8 %, tax rate +0.4 %, residual (interest, one-offs) +9.6 %. 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 ShanXi Coking Co Ltd
How large is the market capitalisation of ShanXi Coking Co Ltd (600740)?
The market capitalisation of ShanXi Coking Co Ltd is 9.0B 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 ShanXi Coking Co Ltd (600740)?
The price-to-sales ratio of ShanXi Coking Co Ltd is 1.48 (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 ShanXi Coking Co Ltd (600740)?
Earnings per share at ShanXi Coking Co Ltd are ¥0.0600 (price ÷ EPS = P/E 58.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ShanXi Coking Co Ltd (600740)?
The dividend yield of ShanXi Coking Co Ltd is 0.7% (payout 41.7%). 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 ShanXi Coking Co Ltd (600740)?
The net margin of ShanXi Coking Co Ltd is 2.4% (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 ShanXi Coking Co Ltd (600740)?
The return on equity (ROE) of ShanXi Coking Co Ltd is 0.9% (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 ShanXi Coking Co Ltd (600740)?
On an EBIT basis the return on assets of ShanXi Coking Co Ltd is 5.3% (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 ShanXi Coking Co Ltd (600740)?
The operating margin of ShanXi Coking Co Ltd is −12.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ShanXi Coking Co Ltd (600740)?
Revenue at ShanXi Coking Co Ltd is growing +6.3% versus a year earlier (3y avg −12.6%). 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 ShanXi Coking Co Ltd (600740)?
Earnings per share at ShanXi Coking Co Ltd are growing −60.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ShanXi Coking Co Ltd (600740) generate?
The free cash flow of ShanXi Coking Co Ltd is −2.3B CNY (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ShanXi Coking Co Ltd (600740) carry?
The net debt of ShanXi Coking Co Ltd is 4.8B CNY (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 5, 2026