Grandjoy Holdings (000031) Fair Value & Analysis
Real Estate · CN · Market cap 10.5B CNY
Fair value as of: Jul 25, 2026
From 11 valuation models · updated 16 days ago
Fair value updated Jul 25, 2026, revised from ¥1.67 to ¥1.68 (+0.6%) since Jun 26, 2026. Share price +4.8% over the past month.
Below-average quality, and screening another 23% overvalued on our models.
What matters now
- Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (¥1.10 to ¥2.25) leaves room in how you read the outcome.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.
How to read this chart
60‑month range ¥2.06 – ¥5.13 · fair‑value band ¥1.10 – ¥2.25 · the ¥2.19 price screens above the ¥1.68 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 25, 2026.
Analysis
Grandjoy Holdings (000031) currently trades at ¥2.19, while our model-based Fair Value estimate is ¥1.68, implying the stock looks roughly 23.5% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Real Estate 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, Grandjoy Holdings generated revenue of 33.3B CNY at a net margin of -7.0%. Revenue grew 46.7% year over year. It earns a return on equity of -5.8%. Net debt stands at 31.0B CNY. Fundamentals as of Jul 25, 2026
Our scenario range runs from ¥1.10 (bear case) to ¥2.25 (bull case); at ¥2.19, the current price sits within 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 47% below its 52-week high, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -23%, 000031 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.
All 11 models by family
Widest divergence: Multiples (¥19.85) versus Asset-Based (¥1.61). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 45 · Market factors (momentum, volatility) 26
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
Grandjoy Holdings Group Co., Ltd. engages in the real estate development, operation, and sale of residential and commercial properties in China and internationally. It offers residential, commercial properties, industrial properties, as well as hotel operations. The company was formerly known as COFCO Property Group Co., Ltd.
Full company description
Grandjoy Holdings Group Co., Ltd. engages in the real estate development, operation, and sale of residential and commercial properties in China and internationally. It offers residential, commercial properties, industrial properties, as well as hotel operations. The company was formerly known as COFCO Property Group Co., Ltd. and changed its name to Grandjoy Holdings Group Co., Ltd. in March 2019. Grandjoy Holdings Group Co., Ltd. was founded in 1983 and is based in Beijing, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Grandjoy Holdings reported revenue of ¥30.9B in FY2025 versus ¥42.6B in FY2021, a compound −7.7%/yr. Reported net income was −¥2.4B in FY2025.
000031 screens 23% overvalued. Compare with DLF Limited →
Peer Group
Real Estate - Development · 588 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.
Valuation Multiples vs Real Estate - Development median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DLF Limited DLF | ₹657.75 | ₹159.49 | -76% |
| Lodha Developers Limited LODHA | ₹1,188 | ₹583.43 | -51% |
| PT Pantai Indah Kapuk Dua Tbk, PANI | 6,125 IDR | 1,330 IDR | -78% |
| Oberoi Realty Limited OBEROIRLTY | ₹1,925 | ₹1,183 | -39% |
| Godrej Properties Limited GODREJPROP | ₹2,102 | ₹1,044 | -50% |
| PT Jaya Real Property, Tbk., JRPT | 1,080 IDR | 1,674 IDR | +55% |
| PT Bumi Serpong Damai Tbk, BSDE | 555.00 IDR | 1,388 IDR | +150% |
| PT Sentul City Tbk, BKSL | 64.00 IDR | 84.16 IDR | +32% |
| PT Ciputra Development Tbk, CTRA | 555.00 IDR | 1,388 IDR | +150% |
| PT Duta Pertiwi Tbk DUTI | 4,100 IDR | 6,239 IDR | +52% |
Compare Grandjoy Holdings with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Grandjoy Holdings (000031) overvalued or undervalued?
What is the fair value of 000031?
What is the quality score of 000031?
What is the revenue of Grandjoy Holdings (000031)?
What is the net profit margin of 000031?
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.
Track Grandjoy Holdings and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.