Shunfa Hengye Corp (000631) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shunfa Hengye Corp stock ¥1.90, price ¥2.91, that is 34.7% below the price, quality 41 out of 100. Rating: overvalued. Calculated from audited financials with 9 of our 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. As of Nov 7, 2026.
How to read this chart
60‑month range ¥2.18 – ¥5.46 · fair‑value band ¥1.49 – ¥2.02 · the ¥2.91 price screens above the ¥1.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Shunfa Hengye in your weekly email
Every Wednesday you see whether Shunfa Hengye 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.
Shunfa Hengneng Corporation engages in the real estate development and operation business. The company primarily develops residential real estate projects.
Show moreShow less
It also engages in the natural gas power generation and on-grid sales; supporting mechanical and electrical equipment production and sales; and sale of hot water produced by waste heat, as well as power grid auxiliary service project development, operation, maintenance, and technical services.
In addition, the company offers development and sales of real estate; property management business; canteen catering services; wind power generation, such as wind power, solar energy and other clean energy power generation business; and comprehensive smart energy services.
The company was formerly known as Shunfa Hengye Corporation and changed its name to Shunfa Hengneng Corporation in July 2024. The company was founded in 1993 and is based in Zhangzhou, China. Shunfa Hengneng Corporation is a subsidiary of Wanxiang Group Corporation.
Stock analysis
Shunfa Hengye Corp (000631) currently trades at ¥2.91, while our model-based Fair Value estimate is ¥1.90, 35% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥1.93 per share, and 1 of the 9 models we run sit above the ¥2.91 price.
Bear case: the Dividend Discount group reads lowest at ¥0.3400, and 8 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥1.49 (bear) to ¥2.02 (bull), the price of ¥2.91 sits above 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 41/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2016: revenue and profit before it include the divested business. Growth is measured afresh from 2016.
Shunfa Hengye Corp reported revenue of 493M CNY in FY2025 versus 272M CNY in FY2021, a compound +16.0%/yr. Reported net income was 59.0M CNY in FY2025, compounding −11.4%/yr from FY2021.
Key figures
Market cap 7.0B CNY (≈ $1.0B) Small · P/E ratio 145.5 · P/S ratio 17.4 · EPS (TTM) ¥0.0200 · Dividend yield 0.5% · Net margin 12.0% · Return on equity 0.8% · Return on assets (EBIT) 2.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 21 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at −35%, 000631 screens richer than that median.
Fair Value models
Bear¥1.49Fair Value ¥1.90Bull¥2.02
Price ¥2.91 · Downside -34.7%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.0043 per share) are deliberately not added.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.55/100
Spin-off in 2016: revenue and profit before it include the divested business. Growth is measured afresh from 2016.
Revenue growth 1 year
+57.4%
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.
+17.1%
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.
−5.4%
Start year 2020 (pandemic)
Revenue growth 9 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.
−19.9%
’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.
−25.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−25.9%
Dividend (yield on the price)0.5%
Per share before 2016divided by the spin-off factor 1.48
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.−25.9% vs −17.1%, slowing
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.59% → 10%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 15.3%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Real Estate - Development · 489 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−34.7% · Below median
Profitability
Return on equity (12 months)0.8% · Below median
Return on assets1.1% · Below median
Net margin (12 months)6.0% · Below median
Operating margin (12 months)3.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)6.5% · Above median
Dividend yield (12 months)0.5% · Bottom 25%
Balance sheet
Debt / equity0.03× · Lowest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)145.5× · Priciest 25%
P/B1.19× · Pricier than median
P/S (12 months)20.91× · Priciest 25%
EV/EBITDA21.0× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 67
FUTURE (revenue growth)33· sector 0
PAST (return on equity)3· sector 17
HEALTH (low debt)98· sector 83
DIVIDEND (yield)10· sector 61
VALUE 0: the price sits above our fair-value range.
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.
Is Shunfa Hengye Corp (000631) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ¥1.90 versus a price of ¥2.91, about 35% lower (overvalued).
What is the fair value of 000631?
Our model-based fair value for Shunfa Hengye Corp is ¥1.90 (as of Nov 7, 2026), built from audited fundamentals. The current price: ¥2.91.
What is the quality score of 000631?
Shunfa Hengye Corp has a Quality Score of 41/100. 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 Shunfa Hengye Corp (000631)?
Our model-based price target is the fair value of ¥1.90 (as of Nov 7, 2026) from 9 valuation models. Cautious scenario ¥1.49, optimistic scenario ¥2.02. It is a calculation from audited fundamentals, not an analyst target.
What is the Shunfa Hengye Corp stock forecast for 2026?
Our models put fair value at ¥1.90, about 35% lower versus a price of ¥2.91 (overvalued). Cautious scenario ¥1.49, optimistic scenario ¥2.02. The calculation is refreshed regularly with new filings.
What is the revenue of Shunfa Hengye Corp (000631)?
Shunfa Hengye Corp reported trailing-twelve-month revenue of about 465M CNY (latest available figure, as of Nov 7, 2026).
Does Shunfa Hengye Corp pay a dividend?
Shunfa Hengye Corp currently shows a dividend yield of 0.52% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Shunfa Hengye Corp (000631) and when is the ex-dividend date?
Shunfa Hengye Corp pays a dividend of ¥0.015 per share a year, a dividend yield of 0.5%. The last ex-dividend date was May 27, 2026. The payout ratio is 75.0% of earnings. Our assessment: Token dividend. At a yield of 0.5% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.5% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Shunfa Hengye Corp (000631)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shunfa Hengye Corp it is ¥1.90 per share (as of Nov 7, 2026), against a price of ¥2.91. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Shunfa Hengye Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 000631 trades above its calculated fair value: price ¥2.91, fair value ¥1.90, a gap of about −35% (overvalued). 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 000631?
No. The price is what the market pays today (¥2.91); the fair value is what the company's own numbers justify (¥1.90). For Shunfa Hengye Corp the two are ¥1.01 per share apart. That gap is exactly why we show both numbers side by side.
How much is Shunfa Hengye Corp worth?
The market values Shunfa Hengye Corp at about 7.0B CNY (market capitalisation, as of Nov 7, 2026). Per share that is ¥2.91; our models calculate a fair value of ¥1.90 per share.
What do the bullish and bearish scenarios say about 000631?
Our models span a range for Shunfa Hengye Corp: cautious scenario ¥1.49, base ¥1.90, optimistic ¥2.02 per share (as of Nov 7, 2026, price ¥2.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000631?
Shunfa Hengye Corp trades at a price-to-earnings ratio of 145.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥1.90 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 29.1. Other multiples: P/B 1.2, P/S 20.9, EV/EBITDA 21.0.
How solid is the balance sheet of Shunfa Hengye Corp (000631)?
Balance-sheet figures for Shunfa Hengye Corp (as of Nov 7, 2026): return on equity 0.8%, debt of 0.03 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 000631 from its 52-week high?
Shunfa Hengye Corp trades at ¥2.91, about 32% below its 52-week high of ¥4.27 and 7% above the low of ¥2.71 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ¥1.90 is for.
Which stocks are comparable to Shunfa Hengye Corp?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF Limited, 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 Shunfa Hengye Corp stock attractive at the current price?
The data as of Nov 7, 2026: price ¥2.91, calculated fair value ¥1.90 (−35%), Quality Score 41/100, from 9 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 000631 calculated?
We run Shunfa Hengye Corp through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of ¥1.90 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Shunfa Hengye Corp itself currently trades above fair value. 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 Shunfa Hengye Corp (000631)?
The closing price on Nov 6, 2026 was ¥2.91. Our model-based fair value is ¥1.90, about 35% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shunfa Hengye Corp right now?
The price sits above even our optimistic bull case (¥2.02). The favourable scenario is already priced in. Weak quality (41/100) 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. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Shunfa Hengye Corp (000631) come from?
Earnings per share at Shunfa Hengye Corp grew −10.5 % a year from 2013 to 2024. Broken into its drivers: revenue per share −14.3 %, EBIT margin +4.7 %, tax rate −0.4 %, residual (interest, one-offs) +0.2 %. 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 Shunfa Hengye Corp
How large is the market capitalisation of Shunfa Hengye Corp (000631)?
The market capitalisation of Shunfa Hengye Corp is 7.0B CNY (≈ $1.0B). 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 Shunfa Hengye Corp (000631)?
The price-to-sales ratio of Shunfa Hengye Corp is 17.4 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Shunfa Hengye Corp (000631)?
Earnings per share at Shunfa Hengye Corp are ¥0.0200 (price ÷ EPS = P/E 145.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shunfa Hengye Corp (000631)?
The dividend yield of Shunfa Hengye Corp is 0.5% (payout 75.0%). 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 Shunfa Hengye Corp (000631)?
The net margin of Shunfa Hengye Corp is 12.0% (fiscal year 2025). 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 Shunfa Hengye Corp (000631)?
The return on equity (ROE) of Shunfa Hengye Corp is 0.8% (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 Shunfa Hengye Corp (000631)?
On an EBIT basis the return on assets of Shunfa Hengye Corp is 2.5% (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 Shunfa Hengye Corp (000631)?
The operating margin of Shunfa Hengye Corp is 3.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shunfa Hengye Corp (000631)?
Revenue at Shunfa Hengye Corp is growing +6.5% versus a year earlier (3y avg +17.1%). 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 Shunfa Hengye Corp (000631)?
Earnings per share at Shunfa Hengye Corp are growing −80.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shunfa Hengye Corp (000631) generate?
The free cash flow of Shunfa Hengye Corp is −142M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Shunfa Hengye Corp (000631) hold?
Shunfa Hengye Corp holds more cash than debt, 5.1B CNY net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Shunfa Hengye Corp in the live analysis
One click puts Shunfa Hengye Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026