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China High-Speed Railway Technology Co (000008) Fair Value & Analysis

Industrials · CN · Market cap 7.0B CNY

CH China High-Speed Railway Technology Co 000008 · SHE
Price¥2.42
Fair Value¥1.05
Upside-56.6%
Quality48/100
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Mixed Growth
Loss-making · -38.5% net margin
Moderate debt · generates free cash flow
Trails peers (3/12)
Narrow moat 14/100
Evidence: Medium Range ¥0.3300 – ¥1.05 Share as image

Fair value as of: Jul 21, 2026

From 12 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥1.50 to ¥1.05 (−30.0%) since Jun 25, 2026. Share price +2.1% over the past month.

Below-average quality, and screening another 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.05). The favourable scenario is already priced in.
  • The model range is unusually wide (¥0.3300 to ¥1.05). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥3.74 ¥1.81 Fair Value ¥1.05 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range ¥1.81 – ¥3.74 · fair‑value band ¥0.3300 – ¥1.05 · the ¥2.42 price screens above the ¥1.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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Analysis

China High-Speed Railway Technology Co (000008) currently trades at ¥2.42, while our model-based Fair Value estimate is ¥1.05, implying the stock looks roughly 56.6% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, China High-Speed Railway Technology Co generated revenue of 2.1B CNY at a net margin of -38.5%. Revenue grew 8.1% year over year. It earns a return on equity of -31.0%. Net debt stands at 2.2B CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥0.3300 (bear case) to ¥1.05 (bull case); at ¥2.42, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 33% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at -57%, 000008 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥0.3900 ¥1.08 ¥2.19 80
Rev-Margin DCF ¥0.2900 ¥0.7900 ¥1.84 74
Gordon GGM ¥0.3700 ¥0.7300 ¥1.10 70
All 12 models by family
DCF Models
FCF DCF ¥0.4400 ¥0.8800 ¥2.25 38
5Y Revenue Exit ¥0.2300 ¥0.6500 ¥1.52 39
5Y EBITDA Exit ¥0.1900 ¥0.5700 ¥1.31 41
10Y Revenue Exit ¥0.2800 ¥1.01 ¥1.45 36
10Y EBITDA Exit ¥0.2800 ¥0.9300 ¥2.03 37
Dividend Discount
Gordon GGM ¥0.3700 ¥0.7300 ¥1.10 70
DDM Multi-Stage ¥0.3700 ¥0.6300 ¥0.7700 61
Multiples
EV/EBITDA ¥0.0800 ¥0.2300 ¥0.3800 54
EV/Revenue ¥0.1000 ¥0.2900 ¥0.4900 43
Asset-Based
NCAV (Graham) ¥0.4000 ¥0.5400 ¥0.8100 50
Growth DCF
Growth DCF ¥0.3900 ¥1.08 ¥2.19 80
Rev-Margin DCF ¥0.2900 ¥0.7900 ¥1.84 74

Widest divergence: DCF Models (¥0.8800) versus Multiples (¥0.2300). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.1B CNY
Revenue growth (YoY) +8.1%
Net margin -38.5%
Return on equity -31.0%
Free cash flow 139M CNY FY2025
Operating margin -12.7%
More key figures
EPS (TTM) ¥-0.3000
EPS growth (YoY) +9.8%
Net debt 2.2B CNY FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 45 · Market factors (momentum, volatility) 36

Profitability 4
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 22
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 84
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

China High-Speed Railway Technology Co., Ltd., together with its subsidiaries, engages in the railway business in China and internationally.

Full company description

China High-Speed Railway Technology Co., Ltd., together with its subsidiaries, engages in the railway business in China and internationally. The company offers rail transit operation and maintenance equipment and services for high-speed train maintenance bases and depots, locomotive and rolling stock maintenance bases and depots, high-speed rail welding bases, urban rail transit lines, freight stations and railways, and high-speed rail and subway stations. It also provides signal control systems for high-speed rail and subway stations and freight railway stations; various onboard core equipment for high-speed rail and subway vehicles. The company was founded in 1989 and is headquartered in Beijing, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China High-Speed Railway Technology Co reported revenue of ¥2.1B in FY2025 versus ¥2.2B in FY2021, a compound −1.1%/yr. Reported net income was −¥835M in FY2025.

Growth Quality 26/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.1B CNY
Latest YoY
+1.8%
Avg. growth/yr (3Y)
+6.1%
Avg. growth/yr (5Y)
+2.0%
Avg. growth/yr (34Y)
+11.0%
Revenue −1.1%/yr
FY21 ¥2.2B
FY22 ¥1.8B
FY23 ¥2.5B
FY24 ¥2.1B
FY25 ¥2.1B
Net income
FY21 −¥1.4B
FY22 −¥846M
FY23 −¥828M
FY24 −¥545M
FY25 −¥835M

000008 screens 57% overvalued. Compare with Union Pacific Corporation →

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Cite: Fair Value Calculator (2026). "China High-Speed Railway Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/000008

Peer Group

Railroads · 111 stocks

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.

Quality Score 48 · Below median
Fair Value upside −57% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -38% · Bottom 25%
Operating margin (TTM) -13% · Bottom 25%
Revenue growth 8% · Above median
Debt / equity 0.80× · Higher than 75% of peers

Valuation Multiples vs Railroads median · lower = cheaper

P/B 0.47× · Cheaper than 75% of peers
P/S (TTM) 0.48× · Cheaper than 75% of peers
P/FCF 7.5× · Pricier than median
PEG 6.32× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 28
FUTURE 41 · sector 20
PAST 0 · sector 31
HEALTH 60 · sector 88
DIVIDEND 0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

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Frequently asked questions

Is China High-Speed Railway Technology Co (000008) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥1.05 versus a price of ¥2.42, about −57% (overvalued).
What is the fair value of 000008?
Our model-based fair value for China High-Speed Railway Technology Co is ¥1.05 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥2.42.
What is the quality score of 000008?
China High-Speed Railway Technology Co has a Quality Score of 48/100. 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 revenue of China High-Speed Railway Technology Co (000008)?
China High-Speed Railway Technology Co reported trailing-twelve-month revenue of about 2.1B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000008?
The net profit margin of China High-Speed Railway Technology Co is about -38.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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