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Phoenix Shipping (Wuhan) Co (000520) Fair Value & Analysis

Industrials · CN · Market cap 4.6B CNY

PS Phoenix Shipping (Wuhan) Co 000520 · SHE
Price¥3.95
Fair Value¥1.60
Upside-59.5%
Quality62/100
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Weak Growth
Loss-making · -4.6% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Narrow moat 20/100
Evidence: Medium Range ¥1.36 – ¥2.14 Share as image

Fair value as of: Jul 21, 2026

From 13 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥0.8000 to ¥1.60 (+100.0%) since Jun 25, 2026. Share price −13.9% over the past month.

A solid business, but screening 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥2.14). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥6.99 ¥1.91 Fair Value ¥1.60 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 ¥1.91 – ¥6.99 · fair‑value band ¥1.36 – ¥2.14 · the ¥3.95 price screens above the ¥1.60 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Phoenix Shipping (Wuhan) Co (000520) currently trades at ¥3.95, while our model-based Fair Value estimate is ¥1.60, implying the stock looks roughly 59.5% overvalued today. The Quality Score stands at 62/100 (solid 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, Phoenix Shipping (Wuhan) Co generated revenue of 833M CNY at a net margin of -4.6%. Revenue grew 47.9% year over year. It earns a return on equity of -8.7%. The balance sheet holds a net cash position of 73.8M CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥1.36 (bear case) to ¥2.14 (bull case); at ¥3.95, 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 34% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at -59%, 000520 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 ¥0.5100 ¥0.6100 ¥0.7900 80
Rev-Margin DCF ¥0.5800 ¥0.7800 ¥1.03 74
ROIC Compounder ¥0.6200 ¥0.7100 ¥0.7900 72
All 13 models by family
DCF Models
FCF DCF ¥0.5000 ¥0.6000 ¥0.8000 38
5Y Revenue Exit ¥0.5800 ¥0.7800 ¥1.06 39
5Y EBITDA Exit ¥0.6900 ¥0.9700 ¥1.34 41
10Y Revenue Exit ¥0.5300 ¥0.6700 ¥0.8300 36
10Y EBITDA Exit ¥0.6100 ¥0.7900 ¥0.9900 37
Earnings-Based
EPV ¥0.6200 ¥0.6900 ¥0.7500 59
Multiples
EV/EBIT ¥0.8600 ¥1.08 ¥1.30 53
EV/EBITDA ¥0.9300 ¥1.17 ¥1.41 54
EV/Revenue ¥0.6700 ¥0.8700 ¥1.07 43
Asset-Based
NCAV (Graham) ¥0.2100 ¥0.2800 ¥0.4100 50
Growth DCF
Growth DCF ¥0.5100 ¥0.6100 ¥0.7900 80
Rev-Margin DCF ¥0.5800 ¥0.7800 ¥1.03 74
Economic Profit
ROIC Compounder ¥0.6200 ¥0.7100 ¥0.7900 72

Widest divergence: Multiples (¥1.08) versus Asset-Based (¥0.2800). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 833M CNY
Revenue growth (YoY) +47.9%
Net margin -4.6%
Return on equity -8.7%
Free cash flow 32.3M CNY FY2025
Operating margin 1.6%
More key figures
EPS (TTM) ¥-0.0400
EPS growth (YoY) +180%
Net cash 73.8M CNY FY2024

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 62 · Market factors (momentum, volatility) 34

Profitability 19
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 82
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

Phoenix Shipping (Wuhan) Co., Ltd. provides shipping logistics enterprise services in China. It provides shipping logistics services, including dry bulk shipping, shipping agency, freight forwarding, comprehensive logistics, special large-scale transportation, ship leasing, crew labor services, etc.

Full company description

Phoenix Shipping (Wuhan) Co., Ltd. provides shipping logistics enterprise services in China. It provides shipping logistics services, including dry bulk shipping, shipping agency, freight forwarding, comprehensive logistics, special large-scale transportation, ship leasing, crew labor services, etc. The company was formerly known as Chang Jiang Shipping Group Phoenix Co.,Ltd and changed its name to Phoenix Shipping (Wuhan) Co., Ltd. in September 2023. Phoenix Shipping (Wuhan) Co., Ltd. was founded in 1992 and is headquartered in Wuhan, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Phoenix Shipping (Wuhan) Co reported revenue of ¥755M in FY2025 versus ¥935M in FY2021, a compound −5.2%/yr. Reported net income was −¥43.9M in FY2025.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
755M CNY
Latest YoY
−15.0%
Avg. growth/yr (3Y)
−10.2%
Avg. growth/yr (5Y)
+1.1%
Avg. growth/yr (34Y)
+5.7%
Revenue −5.2%/yr
FY21 ¥935M
FY22 ¥1.0B
FY23 ¥1.0B
FY24 ¥888M
FY25 ¥755M
Net income
FY21 ¥96.2M
FY22 ¥36.2M
FY23 −¥8.7M
FY24 −¥82.7M
FY25 −¥43.9M

000520 screens 59% overvalued. Compare with Adani Ports and Special Economic Zone Limited →

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Cite: Fair Value Calculator (2026). "Phoenix Shipping (Wuhan) Co Fair Value". https://www.fairvalue-calculator.com/stock/000520

Peer Group

Marine Shipping · 231 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 62 · Above median
Fair Value upside −60% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) 2% · Bottom 25%
Revenue growth 48% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/B 1.62× · Pricier than 75% of peers
P/S (TTM) 0.82× · Cheaper than median
P/FCF 21.0× · Pricier than 75% of peers
EV/EBITDA 13.6× · 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 29
FUTURE 100 · sector 18
PAST 0 · sector 27
HEALTH 100 · sector 88
DIVIDEND 0 · sector 47

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is Phoenix Shipping (Wuhan) Co (000520) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥1.60 versus a price of ¥3.95, about −59% (overvalued).
What is the fair value of 000520?
Our model-based fair value for Phoenix Shipping (Wuhan) Co is ¥1.60 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥3.95.
What is the quality score of 000520?
Phoenix Shipping (Wuhan) Co has a Quality Score of 62/100. 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 Phoenix Shipping (Wuhan) Co (000520)?
Phoenix Shipping (Wuhan) Co reported trailing-twelve-month revenue of about 833M CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000520?
The net profit margin of Phoenix Shipping (Wuhan) Co is about -4.6%, 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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