Changhong Meiling Co Ltd (000521) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Changhong Meiling Co Ltd stock ¥10.24, price ¥4.23, upside +142.1%, quality 57 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ¥2.68 – ¥10.90 · fair‑value band ¥7.68 – ¥12.80 · the ¥4.23 price screens below the ¥10.24 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 2, 2026.
Follow Changhong Meiling Co in your weekly email
Every Wednesday you see whether Changhong Meiling Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Changhong Meiling Co., Ltd. engages in the research, development, and manufacturing of refrigeration appliances and washing machines in China and internationally. It operates through four segments: Air Conditioning; Refrigerator, Freezer and Washing Machine; Small Homehold Appliance; and Others.
Show moreShow less
The company offers a refrigerator (freezer) lineup, which includes the household, commercial, and medical series of professional refrigerating appliances; ultra-low temperature freezers; washing machine lineup, such as the front-load washer, top-load washer, dryer, and washer and dryer combo; kitchen, household, and small home appliances; and air-conditioners, as well as white goods.
It also operates research and development centers, research institutes, laboratories, and test stations. The company was formerly known as Hefei Meiling Co., Ltd. and changed its name to Changhong Meiling Company Co., Ltd. in July 2018.
Changhong Meiling Company Co., Ltd. was founded in 1983 is based in Hefei, China.
Stock analysis
Changhong Meiling Co Ltd (000521) currently trades at ¥4.23, while our model-based Fair Value estimate is ¥10.24, implying the stock looks roughly 58.7% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of ¥21.45 per share, and 23 of the 24 models we run sit above the ¥4.23 price.
Bear case: the Asset-Based group reads lowest at ¥3.72, and 1 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥7.68 (bear) to ¥12.80 (bull), the price of ¥4.23 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Changhong Meiling Co Ltd reported revenue of 30.4B CNY in FY2025 versus 18.0B CNY in FY2021, a compound +14.0%/yr. Reported net income was 410M CNY in FY2025, compounding +67.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 4.4B CNY (≈ $652M) Small · P/E ratio 87.0 · P/S ratio 0.15 · EPS (TTM) ¥0.0500 · Dividend yield 5.0% · Net margin 0.2% · Return on equity 1.0% · Return on assets (EBIT) 2.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 23 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 22% fair-value upside, at 142%, 000521 screens cheaper than that median.
Fair Value models
Bear¥7.68Fair Value ¥10.24Bull¥12.80
Price ¥4.23 · Upside +142.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+6.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.6%
Start year 2020 (pandemic). Over 10 years: +11.0% a year
Revenue growth 33 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+55.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+50.4%
Dividend (yield on the price)5.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.50.4% vs 3.9%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 2%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
Compare Changhong Meiling Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Furnishings, Fixtures & Appliances · 302 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Changhong Meiling Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000521
Frequently asked questions
Is Changhong Meiling Co Ltd (000521) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ¥10.24 versus a price of ¥4.23, about +142% upside (undervalued).
What is the fair value of 000521?
Our model-based fair value for Changhong Meiling Co Ltd is ¥10.24 (as of Oct 2, 2026), built from audited fundamentals. The current price: ¥4.23.
What is the quality score of 000521?
Changhong Meiling Co Ltd has a Quality Score of 57/100. 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 price target for Changhong Meiling Co Ltd (000521)?
Our model-based price target is the fair value of ¥10.24 (as of Oct 2, 2026) from 24 valuation models. Cautious scenario ¥7.68, optimistic scenario ¥12.80. It is a calculation from audited fundamentals, not an analyst target.
What is the Changhong Meiling Co Ltd stock forecast for 2026?
Our models put fair value at ¥10.24, about +142% upside versus a price of ¥4.23 (undervalued). Cautious scenario ¥7.68, optimistic scenario ¥12.80. The calculation is refreshed regularly with new filings.
What is the revenue of Changhong Meiling Co Ltd (000521)?
Changhong Meiling Co Ltd reported trailing-twelve-month revenue of about 28.5B CNY (latest available figure, as of Oct 2, 2026).
Does Changhong Meiling Co Ltd pay a dividend?
Changhong Meiling Co Ltd currently shows a dividend yield of 4.96% relative to its recent price (as of Oct 2, 2026).
What growth is priced into Changhong Meiling Co Ltd (000521)?
For today's price to be fair in a discounted-cash-flow model, Changhong Meiling Co Ltd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.6 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of 000521 use?
Our models discount Changhong Meiling Co Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.06, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Changhong Meiling Co Ltd that is less than minus 40 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Changhong Meiling Co Ltd (000521) delivered so far?
Over the past 5 years revenue at Changhong Meiling Co Ltd grew +14.6 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Changhong Meiling Co Ltd (000521) growing?
The median revenue growth in the sector is +4.3 % a year. That is the yardstick for the growth priced into Changhong Meiling Co Ltd (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Changhong Meiling Co Ltd (000521)?
The free-cash-flow yield on the price is 9.96 %: that much free cash flow Changhong Meiling Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Changhong Meiling Co Ltd (000521)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Changhong Meiling Co Ltd it is ¥10.24 per share (as of Oct 2, 2026), against a price of ¥4.23. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Changhong Meiling Co Ltd stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 000521 trades below its calculated fair value: price ¥4.23, fair value ¥10.24, a gap of about +142% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 000521?
No. The price is what the market pays today (¥4.23); the fair value is what the company's own numbers justify (¥10.24). For Changhong Meiling Co Ltd the two are ¥6.01 per share apart. That gap is exactly why we show both numbers side by side.
How much is Changhong Meiling Co Ltd worth?
The market values Changhong Meiling Co Ltd at about 4.4B CNY (market capitalisation, as of Oct 2, 2026). Per share that is ¥4.23; our models calculate a fair value of ¥10.24 per share.
What do the bullish and bearish scenarios say about 000521?
Our models span a range for Changhong Meiling Co Ltd: cautious scenario ¥7.68, base ¥10.24, optimistic ¥12.80 per share (as of Oct 2, 2026, price ¥4.23). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000521?
Changhong Meiling Co Ltd trades at a price-to-earnings ratio of 87.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥10.24 is built from several models across several years. Other multiples: P/B 0.7, P/S 0.2.
How solid is the balance sheet of Changhong Meiling Co Ltd (000521)?
Balance-sheet figures for Changhong Meiling Co Ltd (as of Oct 2, 2026): return on equity 1.0%, debt of 0.02 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 000521 from its 52-week high?
Changhong Meiling Co Ltd trades at ¥4.23, about 39% below its 52-week high of ¥6.91 and 1% above the low of ¥4.20 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of ¥10.24 is for.
Which stocks are comparable to Changhong Meiling Co Ltd?
From the same area (Consumer Cyclical) we also value Midea Group, King Slide Works Co, Gree Electric Appliances, Inc, Haier Smart Home Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Changhong Meiling Co Ltd stock attractive at the current price?
The data as of Oct 2, 2026: price ¥4.23, calculated fair value ¥10.24 (+142%), Quality Score 57/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 000521 calculated?
We run Changhong Meiling Co Ltd through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥10.24, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. Changhong Meiling Co Ltd currently trades 59 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Changhong Meiling Co Ltd (000521)?
The closing price on Oct 19, 2026 was ¥4.23. Our model-based fair value is ¥10.24, about +142% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Changhong Meiling Co Ltd right now?
The price is below even our cautious bear case (¥7.68). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Changhong Meiling Co Ltd (000521) come from?
Earnings per share at Changhong Meiling Co Ltd grew +8.5 % a year from 2013 to 2024. Broken into its drivers: revenue per share +6.0 %, EBIT margin +2.4 %, tax rate +1.0 %, residual (interest, one-offs) −1.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Changhong Meiling Co Ltd
How large is the market capitalisation of Changhong Meiling Co Ltd (000521)?
The market capitalisation of Changhong Meiling Co Ltd is 4.4B CNY (≈ $652M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Changhong Meiling Co Ltd (000521)?
The price-to-sales ratio of Changhong Meiling Co Ltd is 0.15 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Changhong Meiling Co Ltd (000521)?
Earnings per share at Changhong Meiling Co Ltd are ¥0.0500 (price ÷ EPS = P/E 87.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Changhong Meiling Co Ltd (000521)?
The dividend yield of Changhong Meiling Co Ltd is 5.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Changhong Meiling Co Ltd (000521)?
The net margin of Changhong Meiling Co Ltd is 0.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Changhong Meiling Co Ltd (000521)?
The return on equity (ROE) of Changhong Meiling Co Ltd is 1.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Changhong Meiling Co Ltd (000521)?
On an EBIT basis the return on assets of Changhong Meiling Co Ltd is 2.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Changhong Meiling Co Ltd (000521)?
The operating margin of Changhong Meiling Co Ltd is −1.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Changhong Meiling Co Ltd (000521)?
Revenue at Changhong Meiling Co Ltd is growing −17.7% versus a year earlier (3y avg +14.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Changhong Meiling Co Ltd (000521)?
Earnings per share at Changhong Meiling Co Ltd are growing −60.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Changhong Meiling Co Ltd (000521) hold?
Changhong Meiling Co Ltd holds more cash than debt, 9.6B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Changhong Meiling Co Ltd in the live analysis
One click puts Changhong Meiling Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 2, 2026