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Haima Automobile Co (000572) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 7.0B CNY

HA Haima Automobile Co 000572 · SHE
Price¥3.83
Fair Value¥0.9800
Upside-74.4%
Quality42/100
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Weak Growth
Loss-making · -8.3% net margin
Low debt · negative free cash flow
Trails peers (2/11)
Narrow moat 6/100
Evidence: Low Range ¥0.7500 – ¥1.20 Share as image

Fair value as of: Jul 21, 2026

From 5 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from ¥4.27 to ¥0.9800 (−77.0%) since Jun 25, 2026. Share price +7.0% over the past month.

Below-average quality, and screening another 74% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥1.20). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

¥11.50 ¥2.70 Fair Value ¥0.9800 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 ¥2.70 – ¥11.50 · fair‑value band ¥0.7500 – ¥1.20 · the ¥3.83 price screens above the ¥0.9800 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

Haima Automobile Co (000572) currently trades at ¥3.83, while our model-based Fair Value estimate is ¥0.9800, implying the stock looks roughly 74.4% overvalued today. The Quality Score stands at 42/100 (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: low).

Over the trailing twelve months, Haima Automobile Co generated revenue of 1.8B CNY at a net margin of -8.3%. Revenue declined 25.7% year over year. It earns a return on equity of -11.6%. The balance sheet holds a net cash position of 120M CNY. Fundamentals as of Jul 21, 2026

Our scenario range runs from ¥0.7500 (bear case) to ¥1.20 (bull case); at ¥3.83, 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 68% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 25% fair-value upside, at -74%, 000572 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
Gordon GGM ¥0.0500 ¥0.1000 ¥0.1500 70
DDM Multi-Stage ¥0.0500 ¥0.0800 ¥0.1000 61
EV/EBITDA ¥0.9000 ¥1.12 ¥1.35 54
All 5 models by family
DCF Models
Owner Earnings ¥1.10 ¥2.17 ¥4.34 31
Dividend Discount
Gordon GGM ¥0.0500 ¥0.1000 ¥0.1500 70
DDM Multi-Stage ¥0.0500 ¥0.0800 ¥0.1000 61
Multiples
EV/EBITDA ¥0.9000 ¥1.12 ¥1.35 54
Asset-Based
NCAV (Graham) ¥0.5300 ¥0.7200 ¥1.07 50

Widest divergence: DCF Models (¥2.17) versus Dividend Discount (¥0.0800). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) 1.8B CNY
Revenue growth (YoY) -25.7%
Net margin -8.3%
Return on equity -11.6%
Free cash flow −877M CNY FY2024
Operating margin -23.3%
More key figures
EPS (TTM) ¥-0.0900
EPS growth (YoY) -100%
Net cash 120M CNY FY2024

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 42 · Market factors (momentum, volatility) 21

Profitability 6
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Haima Automobile Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and financial service of automobiles and powertrains in China and internationally. The company offers basic passenger cars, sports utility vehicles, multi-purpose passenger cars, and electric vehicles.

Full company description

Haima Automobile Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and financial service of automobiles and powertrains in China and internationally. The company offers basic passenger cars, sports utility vehicles, multi-purpose passenger cars, and electric vehicles. It also provides leasing, processing, and after-sales services. In addition, the company engages in technology promotion and application services. It exports its products to approximately 20 countries and regions, including Egypt, Chile, the Philippines, and Vietnam. The company was formerly known as Haima Automobile Group Co.,Ltd and changed its name to Haima Automobile Co.,Ltd in June 2019. Haima Automobile Co.,Ltd was founded in 1988 and is based in Haikou, China.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Haima Automobile Co reported revenue of ¥1.8B in FY2024 versus ¥1.4B in FY2020, a compound +7.0%/yr. Reported net income was −¥140M in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
1.8B CNY
Latest YoY
−29.4%
Avg. growth/yr (3Y)
+0.2%
Avg. growth/yr (5Y)
−17.7%
Avg. growth/yr (33Y)
+10.6%
Revenue +7.0%/yr
FY20 ¥1.4B
FY21 ¥1.8B
FY22 ¥2.4B
FY23 ¥2.6B
FY24 ¥1.8B
Net income
FY20 −¥1.3B
FY21 ¥112M
FY22 −¥1.6B
FY23 −¥202M
FY24 −¥140M

000572 screens 74% overvalued. Compare with Toyota Motor Corporation →

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Cite: Fair Value Calculator (2026). "Haima Automobile Co Fair Value". https://www.fairvalue-calculator.com/stock/000572

Peer Group

Auto Manufacturers · 119 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 42 · Below median
Fair Value upside −74% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -23% · Bottom 25%
Revenue growth -26% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/B 0.59× · Cheaper than 75% of peers
P/S (TTM) 0.57× · Pricier than median
EV/EBITDA 15.9× · Pricier than median

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 0 · sector 33
PAST 0 · sector 19
HEALTH 100 · sector 94
DIVIDEND 0 · sector 44

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

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TM $179.76 $224.63 +25%
BYD Company 81211 HK$80.55 HK$50.85 -37%
Hyundai Motor Company 005380 425,000 KRW 616,918 KRW +45%
General Motors Company GM $77.72 $56.93 -27%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,944 MXN +54%
Ferrari N.V RACE $376.64 $228.05 -39%
Ford Motor Company F C$11.86 C$4.00 -66%
Mercedes-Benz Group BENZ C$20.44 C$35.15 +72%
Volkswagen AG VOW 2,149 CZK 7,191 CZK +235%
Maruti Suzuki India Limited MARUTI ₹13,803 ₹8,236 -40%

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Frequently asked questions

Is Haima Automobile Co (000572) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of ¥0.9800 versus a price of ¥3.83, about −74% (overvalued).
What is the fair value of 000572?
Our model-based fair value for Haima Automobile Co is ¥0.9800 (as of Jul 21, 2026), built from audited fundamentals. The current price is ¥3.83.
What is the quality score of 000572?
Haima Automobile Co has a Quality Score of 42/100. 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 Haima Automobile Co (000572)?
Haima Automobile Co reported trailing-twelve-month revenue of about 1.8B CNY (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 000572?
The net profit margin of Haima Automobile Co is about -8.3%, 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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