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STOCK COMPARISON

China Qinfa Group vs China Shenhua Energy: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Qinfa Group (0866) and China Shenhua Energy (601088) compare, as of Aug 16, 2026.

As of Aug 16, 2026, Fair Value Calculator sees China Shenhua Energy as the less overvalued of the two: China Qinfa Group trades at HK$1.80 versus a fair value of HK$1.26 (-30%), while China Shenhua Energy trades at ¥44.72 versus ¥34.97 (-22%).
China Qinfa Group
0866.HK · HKD · Energy
-30%
upside to fair value
overvalued
PriceHK$1.80
Fair ValueHK$1.26
Quality38/100
China Shenhua Energy
601088.SHG · CNY · Energy
-22%
upside to fair value
overvalued
Price¥44.72
Fair Value¥34.97
Quality64/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

China Qinfa GroupChina Shenhua Energy
Valuation
48.3×P/E (TTM)16.2×
0.26×P/S (TTM)3.08×
0.25×P/B2.23×
0.9×EV/EBITDA8.9×
PEG14.94×
0.1%Dividend yield4.9%
Dividend per share¥2.01
Profitability
-5%Net margin18%
19%Operating margin25%
4%Return on equity12%
2%Return on assets6%
Growth
-39%Revenue growth (YoY)1%
-21.4%Avg. growth/yr (3Y)-5.1%
-3.9%Avg. growth/yr (5Y)4.8%
Balance & size
0.69×Debt / equity0.07×
$485MMarket cap$135B
mixedGrowth qualitymixed

China Shenhua Energy leads: 3 to 10 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

China Qinfa Groupof which business quality 37 · market factors 22 China Shenhua Energyof which business quality 62 · market factors 65
ProfitabilityMargins and returns on capital today
8
48
Quality GrowthAre margins and returns improving?
42
37
CashflowEarnings quality: real cash, not paper profit
32
49
Fin. StrengthBalance sheet, leverage, solvency risk
30
90
InvestmentDisciplined investing over empire-building
33
71
Low VolatilityCalm price path (market factor)
50
86
MomentumPrice trend over the last 3–12 months (market factor)
1
52
52W MomentumDistance to the 52-week high (market factor)
25
62
Net IssuanceBuybacks instead of dilution
96
82

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

China Qinfa Group

Earnings-BasedHK$0.66
Dividend DiscountHK$0.02
MultiplesHK$0.76
Asset-BasedHK$0.49
Economic ProfitHK$0.66

8 of 8 models see the stock below the current price.

China Shenhua Energy

DCF Models¥30.93
Earnings-Based¥39.08
Dividend Discount¥62.97
Multiples¥37.66
Asset-Based¥14.97
Growth DCF¥27.01
Economic Profit¥34.64
Growth Earnings¥34.97

22 of 25 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

China Qinfa Group
Bear HK$0.66Fair Value HK$1.26Bull HK$1.84
HK$1.80 = current price (white tick)
China Shenhua Energy
Bear ¥24.48Fair Value ¥34.97Bull ¥45.28
¥44.72 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

China Qinfa Group · Energy

Quality score38 · below median
Fair value upside-30% · below median

China Shenhua Energy · Energy

Quality score64 · Top 25%
Fair value upside-22% · above median

Bottom line

As of Aug 16, 2026, Fair Value Calculator sees China Shenhua Energy as the less overvalued of the two: China Qinfa Group trades at HK$1.80 versus a fair value of HK$1.26 (-30%), while China Shenhua Energy trades at ¥44.72 versus ¥34.97 (-22%).

China Shenhua Energy has the higher quality score (64/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.