EN DE
STOCK COMPARISON

Heilongjiang Transport Development Co vs Merchant Express Class A: Fair Value & Quality

Both stocks run through our valuation models. Here is how Heilongjiang Transport Development Co (601188) and Merchant Express Class A (001965) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Heilongjiang Transport Development Co trades at ¥2.83 versus a fair value of ¥2.45 (-13%), while Merchant Express Class A trades at ¥9.44 versus ¥9.16 (-3%).
Heilongjiang Transport Development Co
601188.SHG · CNY · Industrials
-13%
upside to fair value
overvalued
Price¥2.83
Fair Value¥2.45
Quality69/100
Merchant Express Class A
001965.SHE · CNY · Industrials
-3%
upside to fair value
fairly valued
Price¥9.44
Fair Value¥9.16
Quality59/100

Head-to-head numbers

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

Heilongjiang Transport Development CoMerchant Express Class A
Valuation
23.6×P/E (TTM)15.0×
4.74×P/S (TTM)4.77×
0.83×P/B0.91×
10.9×EV/EBITDA16.3×
1.8%Dividend yield3.8%
¥0.05Dividend per share¥0.37
Profitability
20%Net margin33%
26%Operating margin20%
3%Return on equity6%
2%Return on assets1%
Growth
6%Revenue growth (YoY)27%
21.0%Avg. growth/yr (3Y)17.2%
6.6%Avg. growth/yr (5Y)13.6%
Balance & size
0.17×Debt / equity0.65×
$548MMarket cap$10B
mixedGrowth qualityhealthy

Heilongjiang Transport Development Co leads: 7 to 6 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.

Heilongjiang Transport Development Coof which business quality 67 · market factors 37 Merchant Express Class Aof which business quality 57 · market factors 48
ProfitabilityMargins and returns on capital today
31
34
Quality GrowthAre margins and returns improving?
57
48
CashflowEarnings quality: real cash, not paper profit
82
85
Fin. StrengthBalance sheet, leverage, solvency risk
79
33
InvestmentDisciplined investing over empire-building
79
55
Low VolatilityCalm price path (market factor)
92
92
MomentumPrice trend over the last 3–12 months (market factor)
15
34
52W MomentumDistance to the 52-week high (market factor)
10
20
Net IssuanceBuybacks instead of dilution
82
94

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.

Heilongjiang Transport Development Co

DCF Models¥2.61
Earnings-Based¥1.15
Dividend Discount¥1.73
Multiples¥2.32
Asset-Based¥2.30
Growth DCF¥1.86
Economic Profit¥1.87
Growth Earnings¥2.02

21 of 26 models see the stock below the current price.

Merchant Express Class A

DCF Models¥12.99
Earnings-Based¥10.25
Dividend Discount¥11.63
Multiples¥7.50
Asset-Based¥7.32
Growth DCF¥8.98
Economic Profit¥9.16
Growth Earnings¥15.42

8 of 23 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.

Heilongjiang Transport Development Co
Bear ¥1.54Fair Value ¥2.45Bull ¥3.11
¥2.83 = current price (white tick)
Merchant Express Class A
Bear ¥8.65Fair Value ¥9.16Bull ¥10.93
¥9.44 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

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

Heilongjiang Transport Development Co · Industrials

Quality score69 · Top 25%
Fair value upside-13% · above median

Merchant Express Class A · Industrials

Quality score59 · above median
Fair value upside-3% · above median

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Heilongjiang Transport Development Co trades at ¥2.83 versus a fair value of ¥2.45 (-13%), while Merchant Express Class A trades at ¥9.44 versus ¥9.16 (-3%).

Heilongjiang Transport Development Co has the higher quality score (69/100).

See the full analysis →
Heilongjiang Transport Development Co · Merchant Express Class A

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to Heilongjiang Transport Development Co

Alphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEaseAmazon.com vs Toyota Motor Corporation

Related to Merchant Express Class A

Amazon.com vs PDD HoldingsAmazon.com vs Sony GroupMeta Platforms vs Verizon CommunicationsMeta Platforms vs At&t
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

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