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Shenzhen China Bicycle Company (000017) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 3.5B CNY

SC Shenzhen China Bicycle Company 000017 · SHE
Price¥5.23
Fair Value¥0.7400
Upside-85.9%
Quality36/100
Evidence: Medium Range ¥0.5800 – ¥0.9400

Fair value as of: Jun 25, 2026

From 17 valuation models · updated 6 days ago

Share price +13.1% over the past month.

Price vs Fair Value (12 months)

¥7.89 ¥4.29 Fair Value ¥0.7400 Jun 2025 Jun 2026

12‑month range ¥4.29 – ¥7.89 · fair‑value band ¥0.5800 – ¥0.9400 · the ¥5.23 price screens above the ¥0.7400 fair value. As of Jun 25, 2026.

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Analysis

Shenzhen China Bicycle Company (000017) currently trades at ¥5.23, while our model-based Fair Value estimate is ¥0.7400 — implying the stock looks roughly 85.9% overvalued today. We read business quality at 36/100 (below-average quality), in the Consumer Cyclical 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, Shenzhen China Bicycle Company generated revenue of 708M CNY at a net margin of 5.8%. Revenue declined 17.6% year over year. It earns a return on equity of 10.7%. The balance sheet holds a net cash position of 67.9M CNY. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 708M CNY
Revenue growth (YoY) -17.6%
Net margin 5.8%
Return on equity 10.7%
Free cash flow −18.1M CNY FY2024
P/E ratio 85.7
More key figures
Operating margin 6.8%
EPS (TTM) ¥0.0600
EPS growth (YoY) +3.5%
Net cash 67.9M CNY FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Shenzhen China Bicycle Company (Holdings) Limited engages in the gold jewelry business. It is also involved in the production, assembly, procurement, and sale of bicycles and electric bicycles under the Amini and EMMELLE brand names; and the procurement, consigned processing, and sale of lithium batteries materials. The company was founded in 1992 and is based in Shenzhen, China.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Shenzhen China Bicycle Company reported revenue of ¥580M in FY2024 versus ¥118M in FY2020, a compound +48.9%/yr. Reported net income was ¥16.8M in FY2024, compounding +45.2%/yr from FY2020.

Revenue +48.9%/yr
FY20 ¥118M
FY21 ¥165M
FY22 ¥445M
FY23 ¥568M
FY24 ¥580M
Net income +45.2%/yr
FY20 ¥3.8M
FY21 −¥2.0M
FY22 −¥7.6M
FY23 ¥17.9M
FY24 ¥16.8M

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Frequently asked questions

Is Shenzhen China Bicycle Company (000017) undervalued?
As of Jun 25, 2026, our model estimates a fair value of ¥0.7400 versus a price of ¥5.23 — about −86% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 000017?
Our model-based fair value for Shenzhen China Bicycle Company is ¥0.7400 (as of Jun 25, 2026), built from audited fundamentals. The current price is ¥5.23.
What is the quality score of 000017?
Shenzhen China Bicycle Company has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shenzhen China Bicycle Company (000017)?
Shenzhen China Bicycle Company reported trailing-twelve-month revenue of about 708M CNY (latest available figure, as of Jun 25, 2026).
What is the net profit margin of 000017?
The net profit margin of Shenzhen China Bicycle Company is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.